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Showing 81 - 90 of 1005 results for "Financial System"

Super funds, banks say cybersecurity is now their biggest concern

ANDREW MCKEAN  |  FRIDAY, 27 JUN 2025
... was rated particularly high among superannuation trustees. Financial risks such as credit risk and market risk, financial system stability, and climate risk, received a critical and high-risk rating of 32%, 27%, and 21%, respectively. Additionally, 13% ...

Super funds' private market assets grow to $400bn

KARREN VERGARA  |  WEDNESDAY, 11 JUN 2025
... paper, Super Members Council (SMC) said superannuation investments in the private sector can drive long-term financial system stability and prosperity for Australians. SMC compared three asset classes: Australian listed equity, international listed equity ...

Greenwashing remains an enforcement priority: ASIC

MICHELLE BALTAZAR  |  THURSDAY, 29 MAY 2025
The country's financial services regulator unveils its 'capacity building' plans as sustainability reporting becomes a mandatory requirement for small to large Australian businesses - but it was its passing update on greenwashing as an enforcement ...

Super funds back $9.6bn homegrown platform

MATTHEW WAI  |  THURSDAY, 22 MAY 2025
... step in establishing an innovative platform that offers a "new foundation" for the global economy. "The global financial system wasn't built for today's borderless economy. Too many businesses are held back by legacy infrastructure that's slow, costly ...

Cointree hit with AUSTRAC fine

ELIZA BAVIN  |  MONDAY, 19 MAY 2025
... manner. "SMRs provide AUSTRAC and our law enforcement partners with information about suspected misuse of the financial system and this information goes on to trigger countless criminal investigations each year," Thomas said. "We take timely SMR reporting ...

Relaxed superannuation preservation rules will sink returns: Frontier

ANDREW MCKEAN  |  FRIDAY, 16 MAY 2025
... counter-cyclical investors, potentially driving more pro-cyclical behaviour and amplifying risks within the economic and financial system. "Counter-cyclical investing has benefited the economy by injecting liquidity into the market during downturns ...

SMC highlights long-term benefits of investing in private markets

MATTHEW WAI  |  THURSDAY, 15 MAY 2025
... Commission's (ASIC) discussion paper, outlining how superannuation investments in the private sector can drive long-term financial system stability and prosperity for Australians. SMC believes the nation's stable and sophisticated super system has strongly ...

UK watchdog to open Australian office

JAMIE WILLIAMSON  |  THURSDAY, 24 APR 2025
... global head of compliance for Westpac's institutional bank. In 2014, she was a principal advisor for Treasury's Financial System Inquiry, after which she made the leap to the UK to join the Central Bank of Ireland's policy and risk team. Her appointment ...

Government to 'crack down further' on financial abuse

ANDREW MCKEAN  |  WEDNESDAY, 23 APR 2025
The government will introduce new measures to target perpetrators of financial abuse, as part of its gender equality plan Building Australia's Future: Labor's Commitment to Women, launched yesterday by Labor senator Katy Gallagher and minister for social ...

Taxes and housing dominate election race

ELIZA BAVIN  |  MONDAY, 14 APR 2025
... Australia's housing market by facilitating access to credit and home ownership, supporting the stability of the financial system, and underpinning competition in the lending market. ICA chief executive Andrew Hall said Labor's plan would effectively ...