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| | | Five AMP companies will pay $14.5 million for charging close to 1500 superannuation members fees for no service over the course of about three years. The Federal Court handed the fine to AMP Superannuation, AMP Financial Planning, Charter Financial ... |
| | | | Dixon Advisory will pay $7.2 million for providing inappropriate advice and not meeting client best interests obligations. The Federal Court found that six Dixon Advisory representatives did not act in the best interests of eight clients on 53 occasions. ... |
| | | | Ethereum's long-awaited merge has been finalised, the US$180 billion cryptocurrency's upgrade to a proof-of-stake mechanism slashing its energy consumption by 99.95%. Explaining the merge, Labrys founder and chief executive Lachlan Feeney said: "The ... |
| | | | Recently, infrastructure has proven more resilient than global equities, however, when markets take a downturn it's not certain that alone will protect portfolios. Morningstar research shows that infrastructure has not been immune from market falls ... |
| | | | Former BBY Limited head of operations Fiona Mae Bilton has been charged with three counts of dishonestly obtaining a financial advantage. Bilton was found to have deceived St George Bank on 115 separate occasions between June 2013 and May 2015. The ... |
| | | | The ASX will close trading for both its equities (ASX Trade) and futures (ASX 24) markets next week to observe the National Day of Mourning for Queen Elizabeth II. In line with the government's announcement to commemorate Queen Elizabeth on September ... |
| | | | Farmland in Australia has returned 10.21% on a 12-month rolling basis, generating 6.32% income and 3.70% capital growth, according to the latest quarterly Australian Farmland Index compiled by the Asian Association for Investors in Non-Listed Real Estate ... |
| | | | Aware Super has launched its real estate arm and intends to hold $7 billion in assets within five years. First announced in June, Aware Real Estate will actively manage the super fund's directly owned Australian living, industrial, office and mixed-use ... |
| | | | ABN AMRO Clearing Sydney has paid a penalty of $222,000 to comply with an infringement notice given by the Markets Disciplinary Panel (MDP). The MDP found that in 2021, on three occasions, ABN AMRO registered block trades on the ASX24 Market in the ... |
| | | | The final raft of legislative reform resulting from the Royal Commission will be introduced to parliament this week and consultation on the review of the Your Future, Your Super regime has commenced, minister for financial services Stephen Jones confirmed ... |
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