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Showing 41 - 50 of 280 results for "CSL"

ASIC chair calls it quits

KARREN VERGARA  |  FRIDAY, 19 SEP 2025
ASIC chair Joe Longo has tendered his resignation, to finish up in 2026. In June, Longo told the Secretary to the Treasury he would not be seeking an extension of his term, which finishes up on 31 May 2026. A former lawyer, Longo replaced James Shipton ...

Equity Trustees slashes value of Shield investments

JAMIE WILLIAMSON  |  THURSDAY, 18 SEP 2025
Equity Trustees has marked down the value of units held in the Shield Master Fund by as much as 75%, as victims petition the government for $5 million to start a recovery fund. The Save Our Super campaign, comprising victims of the Shield Master Fund ...

CSLR a 'shared responsibility' for all AFCA members: SMSFA

MATTHEW WAI  |  THURSDAY, 11 SEP 2025
Responding to the Treasury consultation on the Compensation Scheme of Last Resort (CSLR), the SMSF Association (SMSFA) agrees the most efficient and equitable way to fund the special levy is to spread it across all Australian Financial Complaints Authority ...

Ausbil launches active ETF

KARREN VERGARA  |  MONDAY, 8 SEP 2025
... from equities, with the potential for additional capital growth." DIVI's top holdings include Commonwealth Bank, BHP, CSL, Wesfarmers, ANZ and Telstra. A July performance update shows the fund was overweight in the consumer discretionary and utilities ...

FAAA calls for other sectors to help pay $67m CSLR bill

ELIZA BAVIN  |  WEDNESDAY, 3 SEP 2025
In its submission to the Treasury consultation on the Compensation Scheme of Last Resort (CSLR) Special Levy for 2025/26, the Financial Advice Association Australia (FAAA) said financial advisers should not be expected to pay more than the $20 million ...

IML debuts income-focused ETF

KARREN VERGARA  |  TUESDAY, 2 SEP 2025
... underlying fund is a managed fund overseen by portfolio managers Michael O'Neill and Tuan Luu. Top holdings include BHP Group, CSL, Brambles, CBA, NAB and The Lottery Corporation. O'Neill said the fund fills that gap for retirees, giving them ...

Exposure to US hitting Aussie companies: UniSuper

ELIZA BAVIN  |  TUESDAY, 2 SEP 2025
... Australian companies which rely on the US market have started taking a hit - and it may well continue. Colosimo pointed to CSL and James Hardie, both of which were down more than 20% in August. "I think the key link there between both of them is that ...

Government scraps inquiry into advice firm failures, Dixon Advisory

JAMIE WILLIAMSON  |  FRIDAY, 29 AUG 2025
The government has dumped the inquiry into wealth management companies that would have dissected the collapse of firms like Dixon Advisory and the impact on the Compensation Scheme of Last Resort (CSLR). In September 2024, the government referred the ...

Treasury launches consultation on CSLR breaching sub-sector levy caps

KARREN VERGARA  |  FRIDAY, 1 AUG 2025
Treasury today launched a consultation on the Compensation Scheme of Last Resort (CSLR), considering options on how to deal with estimates that have drastically exceeded sub-sector levy caps. Released late Friday, the consultation paper is seeking feedback ...

Mulino sits on Tranche 2 for now, grapples with complexity

KARREN VERGARA  |  WEDNESDAY, 30 JUL 2025
Minister for financial services Daniel Mulino says releasing the next exposure draft for the "complex" second tranche of Delivering Better Financial Outcomes (DBFO) reforms is a top priority, but the financial advice sector should not expect it anytime ...