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| | | The Federal Government last night promised to inject $24.5 billion into new infrastructure projects, a move which could create opportunities for infrastructure investors and managers in the future. In his Budget speech, Treasurer Scott Morrison said ... |
| | | | Australia's open banking, blockchain and emerging fintech sector received a funding boost in last night's Budget, a move the Treasurer said will increase competition and create new jobs. Treasurer Scott Morrison said the funding boost will build on ... |
| | | | Macquarie Group's platform, wrap and managed accounts businesses performed strongly in the full-year to 31 March 2018, latest financial results show. Macquarie Wrap and Vision held $82.5 billion in funds under management, jumping 14% from the previous ... |
| | | | APRA has accepted an Enforceable Undertaking from Commonwealth Bank, having determined the bank's operational risk management framework "worked better on paper than in practice." Releasing the final report of its prudential inquiry into CBA, the regulator ... |
| | | | The former head of Keybridge Capital, whom ASIC banned from running a company in 2015, is being investigated by the regulator for allegedly acting as a "shadow director" of the company. Nick Bolton was previously Keybridge's managing director. He shot ... |
| | | | Missed something? Here's a recap of the most read stories to come out of the second week of the Royal Commission's inquiry into financial advice. High profile adviser under fire The Royal Commission heard how Fair Work commissioner Donna McKenna received ... |
| | | | The Royal Commission scrutinised Dover Financial Advisers' former client protection policy, demonstrating its essential purpose to be to exonerate the licensee of any liability in the event of misconduct by authorised representatives. Counsel Assisting ... |
| | | | Macquarie Atlas Roads, which will soon rebrand itself Atlas Arteria after ending its management arrangements with Macquarie, will be led by a new chief executive-elect from May 1. Graeme Bevans will take on the role having been chief executive of Annuity ... |
| | | | The Turnbull Government's initial resistance to the Royal Commission was targeted by social media this week. Perhaps unsurprisingly, much of the criticism was leveled by Labor and Greens politicians - although the former Deputy Prime Minister also expressed ... |
| | | | In his statement to the Royal Commission, ASIC deputy chair Peter Kell argued financial advice is not yet a profession. Kell told Special Counsel Assisting Rowena Orr that while there are professionals in the industry, "we do not view the industry as ... |
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