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

Search Results

Showing 1 - 10 of 4192 results for "Action"

Trump slugs Australia with new 'forced-labour' tariffs

KARREN VERGARA  |  FRIDAY, 24 JUL 2026
... Pakistan, Sri Lanka, the UK, and Trinidad and Tobago face a 10% tariff. US Trade Representative Jamieson Greer said the action covers the top 60 trading partners, representing 99.4% of US imports and is a means to address human rights abuses and distortive ...

ASIC bans former NextGen Financial Group directors

KARREN VERGARA  |  FRIDAY, 24 JUL 2026
... services business and from serving as an officer of an entity carrying on that business. His ban took effect on July 17. The action follows the collapse of NextGen Financial Group, which was wound up shortly after failing to comply with an AFCA determination ...

Aussie Olympian's brother sentenced over crypto scam

RIDDHIMA TALWANI  |  THURSDAY, 23 JUL 2026
... example of ASIC's broad work to combat scams, from pursuing alleged facilitators of cross-border investment scams, to taking action against institutions whose failures leave customers exposed," Court added.

Crole exits Sequoia effective immediately

KARREN VERGARA  |  WEDNESDAY, 22 JUL 2026
... Group as chief executive effective immediately as the fallout from the Shield and First Guardian master funds and legal action against subsidiary InterPrac Financial Planning rolls on. Crole said his decision is "in the best interests of the company ...

KPMG finds new chief executive

RIDDHIMA TALWANI  |  TUESDAY, 21 JUL 2026
... independence and integrity during the pursuit of the Macquarie audit contract. It has since detailed a governance overhaul and action plan to address integrity issues across the firm. "I do not underestimate the task ahead but commit to our clients and ...

ASIC boasts $830m record civil penalties

KARREN VERGARA  |  MONDAY, 20 JUL 2026
... roughly in line with the 33-per-year average across the previous decade. What has changed is the size of the penalty each action produces, Adaca found. The 29 infringement notices issued equated to a total of $8.3 million - which has been the largest ...

New 'high-risk' derivatives on the rise

MATTHEW WAI  |  MONDAY, 20 JUL 2026
... (AFSL). "ASIC takes unlicensed conduct seriously and where it identifies serious misconduct it won't hesitate to take further action." ASIC said it will continue to monitor developments in the digital assets space and is working with providers to ensure ...

Prime Value licence suspended over reporting failures

VINNY VUCAGO  |  MONDAY, 20 JUL 2026
... investment schemes. While those issues have been rectified, the regulator said the reporting failures warranted regulatory action. Under the suspension, Prime Value is prohibited from issuing interests in its managed investment schemes to new investors. ...

Aussies ditch 'Great Australian Dream,' pursue 'Great Australian Lifestyle'

KARREN VERGARA  |  FRIDAY, 17 JUL 2026
... control of when and how they retire," she said. "What's encouraging is that younger Australians appear to be responding with action and engaging earlier with their finances. They're talking openly and honestly about money, setting goals, superannuation ...

Treasury expects regulators to do the heavy lifting

MATTHEW WAI  |  FRIDAY, 17 JUL 2026
Treasury has released new Statements of Expectations (SoE) for the Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC), with an emphasis on how the regulators should promote a more sustainable ...
PREVIOUS
NEXT