Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 61 - 70 of 6363 results for "DET"

AMP delivers 33% profit jump

ELIZA BAVIN  |  THURSDAY, 6 AUG 2026
AMP has reported a 33% jump in underlying profit to $174 million in the first half, with statutory net profit up 57% to $154 million. Assets under management increased to $167.6 billion, which AMP said reflected momentum in its wealth and retirement ...

ASIC suspends AFSL of GFA Capital Markets

RIDDHIMA TALWANI  |  THURSDAY, 6 AUG 2026
ASIC has suspended the Australian financial services licence (AFSL) of GFA Capital Markets (GFA) for five months after finding multiple client money, reporting obligation and compliance failures. GFA's licence has been suspended from 23 July 2026 to ...

Advisers should rethink portfolio construction: La Trobe

VINNY VUCAGO  |  WEDNESDAY, 5 AUG 2026
La Trobe Financial has urged advisers to broaden portfolio construction beyond traditional equity and bond allocations, arguing that slowing productivity, persistent inflation risks and changing market dynamics require greater focus on real assets and ...

Treasury rolls out negative gearing, CGT Tranche 2 consultation

KARREN VERGARA  |  WEDNESDAY, 5 AUG 2026
Treasury has launched part two of the negative gearing and capital gains tax (CGT) reforms, hoping to clarify some more of the "complex issues" that apply to a range of specific circumstances and structures. Among the key measures, the government has ...

Treasury opens consult on TPB sanctions framework

ELIZA BAVIN  |  TUESDAY, 4 AUG 2026
Treasury is seeking feedback on draft regulations and a draft determination to support a stronger sanctions framework for the Tax Practitioners Board (TPB). The draft regulations would require the TPB to publish information about sanctions on the public ...

Advice complaints see biggest increase in FY26: AFCA

MATTHEW WAI  |  TUESDAY, 4 AUG 2026
Despite only accounting for less than 10% of the total complaints lodged, investment and advice complaints have seen the steepest increase in FY26, data from the Australian Financial Complaints Authority (AFCA) shows. AFCA received a record 119,949 ...

NSW director disqualified over $7m SMSF scam

RIDDHIMA TALWANI  |  FRIDAY, 31 JUL 2026
The Federal Court has permanently disqualified former director Larry Dawson from managing corporations after finding he defrauded investors on their self-managed superannuation funds (SMSF) investments. Dawson was pulled out for his role as a sole director ...

ASIC simplifies compliance with beneficial ownership reforms

RIDDHIMA TALWANI  |  THURSDAY, 30 JUL 2026
ASIC has simplified compliance with its beneficial ownership reforms that will improve transparency about who ultimately owns, controls or has significant economic exposure to listed entities in Australia. From December 4, entities listed on Australian ...

ASIC wins court order to wind up Capital Guard

RIDDHIMA TALWANI  |  WEDNESDAY, 29 JUL 2026
ASIC has successfully sought Supreme Court orders to wind up Capital Guard and appoint independent liquidators to take control of the company. Capital Guard promoted itself as a regulated financial services provider that specialised in acquiring and ...

Perpetual rejects EQT bid again as growth continues

VINNY VUCAGO  |  WEDNESDAY, 29 JUL 2026
Perpetual has rejected EQT's latest $22.50 share takeover proposal, saying it does not reflect the value of the business, while agreeing to provide the private equity group with limited access to non-public information to determine whether it can ...