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Showing 611 - 620 of 16652 results for "The Australian"

APRA hits ANZ with $1bn capital penalty

ELIZA BAVIN  |  THURSDAY, 3 APR 2025
The Australian Prudential Regulatory Authority (APRA) has accepted a Court Enforceable Undertaking (CEU) from ANZ to address ongoing weaknesses in the bank's non-financial risk management practices and risk culture. APRA also increased the capital add-on ...

Investors brace as US unleashes tariffs

ELIZA BAVIN  |  THURSDAY, 3 APR 2025
... Administration's claim that the 10% tariffs imposed on Australia are reciprocal and said responding in kind would only damage the Australian economy. "Tariffs impact the country that is imposing them. And Australians need to understand that," he ...

Investors called on to help end modern slavery

ELIZA BAVIN  |  THURSDAY, 3 APR 2025
Australian anti-slavery commissioner Chris Evans has told the Australian Council of Superannuation Investors (ACSI) summit that he will be pushing for tougher penalties on those who have not done enough to abolish slavery from their supply chains. "As ...

Macquarie terminates Aussie equity funds

MATTHEW WAI  |  THURSDAY, 3 APR 2025
... best interests of investors as the continuation of the fund would only result in an increase in management fees. The Australian Equities Fund was incepted in April 2003 with the aim of outperforming the S&P/ASX 300 Accumulation Index over the medium ...

ASIC tiptoes around private markets intervention

KARREN VERGARA  |  WEDNESDAY, 2 APR 2025
... is keeping all options open before the corporate watchdog is forced to intervene in the private markets, he told the Australian Council of Superannuation Investors (ACSI) this morning. Longo said ASIC is prepared to engage with industry bodies, such ...

CSLR costs driven by poor advice: AFCA

ELIZA BAVIN  |  TUESDAY, 1 APR 2025
The Australian Financial Complaints Authority (AFCA) lead ombudsman, investments and advice Shail Singh has told financial advisers that poor practices are the main contributor to the soaring costs of the Compensation Scheme of Last Resort (CSLR). "It's ...

WT Financial enters JV with Merchant Wealth

ELIZA BAVIN  |  MONDAY, 31 MAR 2025
... while delivering exceptional outcomes for practitioners, their clients, and our shareholders alike." Haintz said the Australian market has a vibrant financial advice landscape where he sees enormous potential for the strategy. "Merchant's model has proven ...

RBA and ASIC slam the ASX: 'Deeply disappointed'

ELIZA BAVIN  |  MONDAY, 31 MAR 2025
The Reserve Bank of Australia (RBA) and the Australian Securities and Investments Commission (ASIC) have written a damning open letter to the ASX to address their increasing concern over the management of operational risk. In a joint letter to the ASX ...

APRA levy to cost $243m in FY26

KARREN VERGARA  |  FRIDAY, 28 MAR 2025
... legislative obligations." The FY26 total amount is $3.1 million less than the FY25 levy of $246.1 million or 1.3% lower. The Australian Taxation Office's (ATO) levy is set to be $37.2 million in FY26. The consultation closes on April 25.

New gig for JP Morgan's AI guru

ELIZABETH FRY  |  THURSDAY, 27 MAR 2025
... experience, working in JP Morgan's quantitative and derivatives strategy research team. With an initial focus on the Australian equity markets, his research areas have expanded to cover Asia-Pacific and Global macro investment strategies. Hlavaty ...