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Showing 51 - 60 of 19564 results for "Ban"

Raiz names new chief executive

KARREN VERGARA  |  WEDNESDAY, 3 JUN 2026
The chief executive of Raiz Invest stepped down after nearly four years in the post and has been replaced by former Selfwealth chief Craig Keary. Brendan Malone left the top job on May 29 and remains on gardening leave until 29 May 2027. Keary commenced ...

Cooling economy could keep RBA on hold

ELIZA BAVIN  |  WEDNESDAY, 3 JUN 2026
Australian gross domestic product (GDP) rose 0.3% in the March quarter 2026 and 2.5% compared to a year ago, according to the Australian Bureau of Statistics (ABS). "Economic growth slowed in the March quarter, with modest household and public sector ...

Invesco, Trinetra IM strategies to wind up

KARREN VERGARA  |  WEDNESDAY, 3 JUN 2026
After failing to scale, Invesco's True Balance Fund and Trinetra Investment Management's emerging markets strategy are set to wind up. The multi-asset Invesco True Balance Fund, which had about $37.5 million in assets, will terminate on June 4. Application ...

US and Aussie shares 'incredibly divergent': UniSuper

VINNY VUCAGO  |  TUESDAY, 2 JUN 2026
The artificial intelligence (AI) investment boom continued to drive US equity markets higher in May, while Australian shares delivered comparatively modest gains amid weaker earnings outlooks and pressure on the banking sector, according to UniSuper ...

AFCA to update rules on new genetic testing laws

KARREN VERGARA  |  TUESDAY, 2 JUN 2026
... (Genetic Testing Protections in Life Insurance and Other Measures) Bill 2025 passed both houses of parliament on April 1. The ban comes into force from October 8. The new law bans insurers from using genetic information such as DNA tests when deciding ...

Centrepoint Alliance acquires two advice firms

KARREN VERGARA  |  MONDAY, 1 JUN 2026
Centrepoint Alliance will acquire Queensland financial advice practices Cairns Wealth and Pinnacle Wealth for $3 million from Astute Financial Management. The two practices, which operate within the Astute network, will add three advisers to Centrepoint ...

FEATURE | Emerging markets: Twists and turns

KARREN VERGARA  |  FRIDAY, 29 MAY 2026
On March 24, merely weeks into the US-Israel war on Iran, the Philippines became the first domino to fall when President Ferdinand Marcos Jr. declared a national energy emergency. The closure of the Strait of Hormuz, a critical maritime chokepoint ...

Marex Group expands structured products to HNWIs

MATTHEW WAI  |  FRIDAY, 29 MAY 2026
Marex Group received approval by ASIC to distribute structured investment solutions to wholesale clients under its existing foreign AFSL earlier this month, in a move to fill the structured product adoption gap in Australia. While the group is not new ...

'No basis' to ban independent trustee model: Equity Trustees

ELIZA BAVIN  |  THURSDAY, 28 MAY 2026
Equity Trustees has made a submission to Treasury on Enhancing Member Protections in the Superannuation System saying there is "no sound basis" for banning the professional independent trustee model. Equity Trustees said independent trustees look after ...

ASIC flags stronger fintech collaboration

VINNY VUCAGO  |  THURSDAY, 28 MAY 2026
ASIC chair Joe Longo has signalled a more collaborative and innovation focused regulatory approach as artificial intelligence (AI), tokenisation and digital assets rapidly transform Australia's financial service sector. Speaking at the Tech Council ...