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

Search Results

Showing 61 - 70 of 810 results for "Judge"

Banned director sentenced for running financial services firm

JAMIE WILLIAMSON  |  THURSDAY, 3 JUL 2025
... "the most serious incident of contempt of court in recent years." His sentence is to be suspended for two years, with the judge saying he wanted to give Fuoco "one last chance." Between March 2019 and April 2023, he was found to have been involved in ...

BUSSQ's boardroom brass cleared, CFMEU spend deemed sound

ANDREW MCKEAN  |  WEDNESDAY, 2 JUL 2025
Queensland-based industry super fund BUSSQ, which has ties to the scandal-plagued Construction, Forestry, Maritime, Mining, and Energy Union (CFMEU) through its board, emerged largely unscathed from an independent report by KPMG. BUSSQ was hit with ...

Australian firms may face 'intense competition': RBA

ELIZA BAVIN  |  MONDAY, 26 MAY 2025
Reserve Bank of Australia (RBA) deputy governor Andrew Hauser said the effects of US President Donald Trump's tariffs may increase competition for Australian firms operating in China. Hauser said he visited China just after Trump's "Liberation Day" ...

Former director sentenced over 'test' trading accounts

MATTHEW WAI  |  THURSDAY, 22 MAY 2025
... of the misconduct and will deter others from committing in similar conduct. "When handing down the sentence, her Honour Judge David found the offending serious, characterising Mr McCabe's conduct as 'highly deceptive'," Court said. "Her Honour noted ...

Former Sydney adviser sentenced to three years

MATTHEW WAI  |  MONDAY, 19 MAY 2025
... and been barred from leaving the country in 2023 ; he was subsequently charged in the following year. In sentencing the judge remarked that Valvo was "clearly in a position of trust and he broke the trust of the 12 victims for whom he was supposed to ...

HCF Life fined $750k for misleading contract term

KARREN VERGARA  |  FRIDAY, 9 MAY 2025
... or symptoms of the condition existed prior to the customer entering the contract, even if a diagnosis had not been made. Judge Jackman also found that HCF Life could deny coverage even if the customer was not aware of the pre-existing condition when ...

FAAA calls for stronger consumer protections in advice reforms

ANDREW MCKEAN  |  WEDNESDAY, 7 MAY 2025
The Financial Advice Association of Australia (FAAA) has opposed collective charging for "always complex and costly" retirement planning advice and emphasised the need for consumer protection in the provision of super nudges in its submission to Treasury ...

ASIC loses Block Earner case

KARREN VERGARA  |  WEDNESDAY, 23 APR 2025
... penalties on the digital asset platform. Justices O'Callaghan, Abraham and Button yesterday dismissed ASIC's appeal to Judge Jackman's decision made last June to relieve Block Earner or Web3 Ventures of any liability and pay a fine. ASIC ...

DBFO reforms package 'pretty disappointing': FAAA

ANDREW MCKEAN  |  TUESDAY, 25 MAR 2025
The Financial Advice Association Australia (FAAA) has come out swinging against Treasury and its second tranche of draft Delivering Better Financial Outcomes (DBFO) reforms, saying it can't support them without "substantial change." FAAA chief executive ...

Active Super fined $10.5m for greenwashing

KARREN VERGARA  |  TUESDAY, 18 MAR 2025
... attract investors to the fund and enhanced its reputation as a provider of investment funds with ESG characteristics, the judge said. "As a result, investors lost the opportunity to invest in accordance with their investment values. Further, the contravening ...