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S&P revises Fairfax from BBB to stable

S&P has revised its rating on Fairfax from BBB to stable. The rating was revised due to the debt reduction efforts Fairfax has undertaken, its effective integration of New Zealand based Independent Newspapers and the strong performance of these acquired ...

ASIC shuts down currency trading websites

ASIC will stop a number of electronic currency exchange businesses operating on the internet after the regulator became aware that three Australian-based businesses were operating without holding an Australian financial services licence (AFSL). The ...

New refinements for MLC's Australian share strategy

MLC has changed it manager multi-manager Australian share strategy by terminating CSAM and appointing two new managers including Balanced Equity Management and Wallara Asset Management. MLC's Australian share strategy will not change the MER and the ...

Former financial adviser imprisoned

The Victorian County Court has sentenced former financial adviser Robert Street to a gaol term of five years and three months with a non-parole period of four years after he pleaded guilty to five charges of obtaining a financial advantage by deception. ...

Strength in RFIs

... accompanied by higher house prices, and increased wholesale funding and private sector indebtedness, provide some natural red flags froma macroeconomic standpoint," he said.

MLC Investment Trust gets stylish

Four new style funds previously available through MLC MasterKey will now be offered through the wholesale vehicle MLC Investment Trust. The four funds include, two Australian share funds and two global share funds each focusing on value and growth. ...

China iron ore demand still strong

Global diversified miner Rio Tinto said on Friday iron ore demand from China remained strong despite government efforts to cool the steel sector, and that it was giving greater thought to returning cash to shareholders. Rio, the world's second-largest ...

ASIC halts illegal early release super schemes

The Federal Court has issued permanent injunctions against Nigel McRae, also known as Ross McKenzie, and Stephen Evans for their involvement in illegal schemes arranging the early release of over $3.5 million in Australian superannuation benefits accumulated ...

Reporting requirement relief for employer-sponsored super products

ASIC has eased the reporting requirements under the Corporation Act 2001 for certain employer-sponsored superannuation products relating to lodging 'in-use' notices to the regulatory body. Currently a Product Disclosure Statement (PDS) or Supplementary ...

Stockland positioned for growth opportunities

AAP | TUESDAY, 26 OCT 2004

Property developer Stockland Group Ltd today said it was well placed to take advantage of growth opportunities that may present. In an address to the company's annual general meeting today managing director Matthew Quinn said the last four years had ...

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Treasury responds to Debelle's review into the AOFM

KARREN VERGARA

Treasury has responded to the Guy Debelle-led review into the Australian Office of Financial Management (AOFM), agreeing to all six recommendations.

Bravura ups guidance, reports earnings increase

RIDDHIMA TALWANI

Bravura Solutions informed investors cost discipline will protect its full year earnings result after a client migrated to a Business Process Outsourcing (BPO) early in the year.

MaxCap hires from Vanguard, AustralianSuper

MATTHEW WAI

MaxCap has welcomed two senior directors, including a portfolio manager from Australia's largest super fund, reporting to the recently named chief executive Kylie Robb.

Zenith snags mandate from Granite Bay

MATTHEW WAI

Granite Bay Private Wealth has selected Zenith Investment Partners to support their investment governance and due diligence.

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Christian Mueller-Glissmann

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When geopolitics becomes a portfolio risk

Geopolitics is back - again - and Australian investors can no longer treat it as distant background noise.

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Tania Milnes

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Digital assets and where they stand in 2026

So far in 2026 digital assets have captured the headlines largely for the wrong reasons, but that doesn't tell the full story.

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Rethinking default design in a changing market environment

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Blake Briggs

CHIEF EXECUTIVE OFFICER
FINANCIAL SERVICES COUNCIL

Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.

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