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Showing 41 - 50 of 31619 results for "Australian"

ASIC cancels AFSL of Capital Guard over fake bond sale

ELIZA BAVIN  |  FRIDAY, 3 JUL 2026
ASIC has cancelled the Australian Financial Services Licence (AFSL) of Capital Guard after finding that it had engaged in dishonest conduct, including the selling of a fake bond and providing false documents to its auditor. ASIC said the licence was ...

ARK Invest awards local distribution mandate

KARREN VERGARA  |  FRIDAY, 3 JUL 2026
... Investment Management has chosen Associate Global Partners (AGP) to help distribute its venture capital strategy to Australian wholesale investors. ARK Venture Fund, which is set to launch in Australia this month, is an actively managed portfolio of ...

ART, AustralianSuper deliver strong FY26 returns

VINNY VUCAGO  |  FRIDAY, 3 JUL 2026
Australian Retirement Trust (ART) and AustralianSuper have reported solid investment returns, with both funds crediting diversified portfolios and strong global equity markets for the performance despite heightened geopolitical uncertainty. ART's High ...

APRA names new deputy chairs

VINNY VUCAGO  |  FRIDAY, 3 JUL 2026
The Australian Prudential Regulation Authority (APRA) has welcomed the appointment of two new deputy chairs, with current board member Therese McCarthy Hockey and former assistant treasurer David Bradbury set to join the regulator's leadership. ...

MySuper provides consistent returns for members: Rainmaker

MATTHEW WAI  |  FRIDAY, 3 JUL 2026
... domestic and global were key drivers of performance in the past financial year. "In particular, international equities (Australian dollar hedged) delivered stellar performance of 15.4%, underpinned by cyclicals, tech stocks and the AI boom," Schmidt ...

ASIC makes first move since putting private credit on notice

MATTHEW WAI  |  FRIDAY, 3 JUL 2026
... by Stratfund, suspecting deficiencies in the target market determinations (TMD) for both products. Offered under the Australian Fixed Income Fund, the products in question are against the Wealthon Vault Development Fund, which is a private credit fund ...

Australian Unity names new wealth chief

MATTHEW WAI  |  FRIDAY, 3 JUL 2026
Australian Unity has named the successor of Esther Kerr, who departed the organisation last year. Balaji Gopal will join the firm as chief executive and group executive for wealth and capital markets on August 24, replacing Adam Vise who has been in ...

Financial services CSLR Levy hits $198m

MATTHEW WAI  |  THURSDAY, 2 JUL 2026
... provide by the CSLR. The first tranche represents only around 10% of approximately 3500 complaints submitted to the Australian Financial Complaints Authority (AFCA) in relation to the managed investment schemes. In total, the CSLR has processed 1567 ...

Treasury publishes final report into the ERS

ELIZA BAVIN  |  THURSDAY, 2 JUL 2026
... financial innovation in Australia. This included examining the factors that support a healthy innovation ecosystem, the Australian regulatory environment and how the ERS can support broader government objectives. The review made a total of six recommendations ...

AMP, CFS, MLC post double-digit returns

VINNY VUCAGO  |  THURSDAY, 2 JUL 2026
AMP Super, Colonial First State (CFS) and MLC have delivered strong returns for members with growth-focused options posting double digit gains despite heightened market volatility and geopolitical uncertainty. AMP Super said MySuper members invested ...