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Showing 1 - 10 of 42216 results for "Australia"

ASIC consults on guidance for Scams Prevention Framework

MATTHEW WAI  |  TUESDAY, 27 OCT 2026
ASIC has commenced a consultation on proposed updated guidance to simplify and streamline the Scams Prevention Framework (SPF) coming into effect early next year. The consultation relates to the updates applied to Regulatory Guide 267 Oversight of the ...

The 'blind spot' costing advisers nearly $10bn: Research

MATTHEW WAI  |  TUESDAY, 27 OCT 2026
Research from Elemnta indicates financial advisers do not realise they are expending nearly twice as much effort on non-advised operations, highlighting a perception gap and challenges related to data collection and access, which cost 6000 practices ...

Inheritors struggle to act on financial advice: Survey

VINNY VUCAGO  |  TUESDAY, 27 OCT 2026
Australia's wealthy inheritors are making major financial decisions before they feel ready, with new research highlighting a gap between receiving professional advice and having the confidence to act on it. Capital Group's research into the 'great wealth ...

Canadian pension giant takes 20% stake in La Trobe

RIDDHIMA TALWANI  |  TUESDAY, 27 OCT 2026
Canadian public pension fund OMERS has taken a minority stake of nearly 20% in La Trobe Financial from Brookfield. Brookfield continues to remain La Trobe's majority shareholder. "OMERS' investment is a strong vote of confidence in La Trobe Financial ...

ASIC issues another stop order for private credit fund

RIDDHIMA TALWANI  |  TUESDAY, 27 OCT 2026
ASIC has issued an interim stop order on the Murdoch Clarke Mortgage Fund, issued by Murdoch Clarke Mortgage Management, prohibiting it from offering, issuing, selling or transferring interests in the fund. The fund had $573.2 million in assets under ...

Orbis appoints Heathcote as NZ distribution partner

VINNY VUCAGO  |  TUESDAY, 27 OCT 2026
... global equity indices, renewing questions about diversification and valuation discipline. Orbis head of clients for Australia Eric Marais said demand for actively managed global equities was increasing in New Zealand as investors sought broader diversification. ...

Treasury floats changes to banking, estate payment limits

KARREN VERGARA  |  TUESDAY, 27 OCT 2026
Treasury is introducing several banking reforms as part of its deregulation agenda, including doubling the limit on payments permitted from deceased consumers' estates without probate or letters of administration. The proposed changes include increasing ...

MLC AM targets EM strategy with fresh mandate

MATTHEW WAI  |  MONDAY, 26 OCT 2026
... partner as we seek to continue to deliver positive outcomes for our members and clients." Meanwhile, Ninety One co-head of Australia Stephen Small said emerging markets continue to provide meaningful sources of growth and innovation for portfolios. "Yet ...

Government seeks EOI from experts for financial innovation

RIDDHIMA TALWANI  |  MONDAY, 26 OCT 2026
... leaders and experts will join representatives from Treasury and financial regulators, including the Reserve Bank of Australia, APRA and ASIC. The government said it is looking for experienced leaders who understand emerging technologies and market developments ...

Digital assets on the right path: Industry

MATTHEW WAI  |  MONDAY, 26 OCT 2026
... asset laws and determined that these developments mark a pivotal point on the sector's implementation journey. OKX Australia chief executive Shane Chandra said the consultation highlighted the regulator's application of the principle of 'same ...
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