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Showing 61 - 70 of 717 results for "Scope 3"

RBA's Hauser warns super funds of $1tn FX risk

ELIZA BAVIN  |  WEDNESDAY, 17 SEP 2025
Reserve Bank of Australia deputy governor Andrew Hauser has issued a stark warning about the superannuation sector's growing foreign currency exposure, which he said is tipped to reach $1 trillion in value over the next decade. Hauser noted Australian ...

RBA 'alert' to impact of tech on the economy: Bullock

ELIZA BAVIN  |  THURSDAY, 4 SEP 2025
Reserve Bank of Australia (RBA) governor Michele Bullock has said the future of central banking will be shaped by how the RBA chooses to engage with new technologies in a meaningful way, while speaking at an event in Perth. "At the RBA, we are actively ...

FAAA calls for other sectors to help pay $67m CSLR bill

ELIZA BAVIN  |  WEDNESDAY, 3 SEP 2025
In its submission to the Treasury consultation on the Compensation Scheme of Last Resort (CSLR) Special Levy for 2025/26, the Financial Advice Association Australia (FAAA) said financial advisers should not be expected to pay more than the $20 million ...

Perennial Partners takes stake in boutique fund manager

MATTHEW WAI  |  THURSDAY, 28 AUG 2025
Perennial Partners has acquired a 50% stake in Ziller Funds Management, aiming to further develop its flagship Ziller Global Fund, which achieved a 64.1% return in the 12 months to July. The Ziller Global Fund was established in November 2022 and invests ...

Performance test review to allow funds to 'innovate'

ELIZA BAVIN  |  WEDNESDAY, 27 AUG 2025
The Association of Superannuation Funds of Australia (ASFA) chief executive Mary Delahunty has welcomed the Treasurer's review of the superannuation performance test, saying modernising the test will provide the certainty and flexibility funds need ...

Binance under microscope over loose controls

MATTHEW WAI  |  MONDAY, 25 AUG 2025
The Australian Transaction Reports and Analysis Centre (AUSTRAC) directed Binance Australia to appoint an external auditor after "serious concerns" were identified from its independent review. The concerns are in relation to the crypto exchange's ...

NAB fined over $15m for delaying hardship applications

MATTHEW WAI  |  THURSDAY, 14 AUG 2025
... the prescribed timeframes. "The total number of admitted contraventions of s 72(4) is high, indicating the significant scope - and thereby the seriousness - of the contravening conduct," Justice Neskovcin added. Under section 72 of the National Credit ...

Treasury launches consultation on CSLR breaching sub-sector levy caps

KARREN VERGARA  |  FRIDAY, 1 AUG 2025
Treasury today launched a consultation on the Compensation Scheme of Last Resort (CSLR), considering options on how to deal with estimates that have drastically exceeded sub-sector levy caps. Released late Friday, the consultation paper is seeking feedback ...

Special feature: Shaping private markets

ELIZABETH FRY  |  TUESDAY, 29 JUL 2025
Custodians are stepping up as regulators target super funds' $3.5 trillion private asset rush. Australia's super funds face mounting scrutiny over their rapid shift into private markets, as concerns grow about transparency, valuations and liquidity ...

Rest calls for super performance test reforms

ELIZA BAVIN  |  TUESDAY, 29 JUL 2025
In its submission to the government's Economic Roundtable, Rest has called for reforms to the superannuation performance test among a range of other measures. In its submission, Rest said the superannuation performance test needs to be reformed to cater ...