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| | | Treasury has responded to the Guy Debelle-led review into the Australian Office of Financial Management (AOFM), agreeing to all six recommendations. Some of the recommendations included the AOFM implementing a lower liquidity buffer and continuing its ... |
| | | | ... "Together, we will continue investing in our people, platform and service capabilities, while continuing to provide the high level of service our customers rely on every day. It is an exciting day for our people and our customers." The investment forms ... |
| | | | ... deeds of company arrangement are operating in practice," O'Rourke said. "This is the first time ASIC has published this level of detail on voluntary administrations and deeds of company arrangement." The regulator found companies with liabilities exceeding ... |
| | | | ... continued to perform better than the national average, while Brighter Super member reported even stronger outcomes. At the fund level, Brighter Super members bucked the broader trend, with retiree confidence climbing to 76% in 2026 from 50% in 2024. ... |
| | | | Australia's club of millionaires jumped by 25,000 last year thanks to booming property values and fat superannuation balances, according to the latest UBS Global Wealth Report. The number of Australian millionaires increased by 1.6% over the year ... |
| | | | ... guidance for insurers, as the code plays an important role in setting out life insurers' commitments, which include "high level" statements of principle that act as guardrails for many of them. "The extent of interest and detailed input into the ... |
| | | | ... a 17-day window, recommending a managed fund to the three client groups. "That fund had been approved at every relevant level of the financial services chain: the licensee, the platform, the superannuation trustee, and an independent research house. ... |
| | | | ... paper said there is "strong and compelling evidence" to impose enforceable obligations on audit firms in relation to firm-level decisions affecting audit quality. One option, Treasury said, would be to require reporting entities to obtain audit services ... |
| | | | ... diversification was becoming more sophisticated. "Diversification today needs to be thought about at the total portfolio level, not just within individual asset classes," Mullins said. "The objective is to build a portfolio where different components ... |
| | | | ... report found some of these developments could introduce pockets of heightened concentration risk at a business- and economic-level through the use of external service providers and could amplify retail risks in gamified and social trading. On this, ASIC ... |
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