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| | | The Australian economy grew 0.4% in the June quarter, growing 2.1% in the year to June 2026. HSBC chief economist Paul Bloxham said the stronger growth performance was "particularly surprising" given a sharp fall in consumer and business sentiment. ... |
| | | | Federated Hermes has entered a strategic alliance with Singapore based Conduit Digital Holdings to launch a regulated tokenised money market fund distribution structure across the Asia Pacific (APAC) region, including Australia. Under the arrangement ... |
| | | | The Self-Managed Super Fund Association (SMSFA) has appointed Keddie Waller as the head of professional standards. In her the role, Waller will lead the association's professional standards framework, with responsibility for accreditation, continuing ... |
| | | | Australia is in the grips of an unprecedented mental health crisis. It joins a league of other, what anthropologist Joseph Henrich coins as "Western, Educated, Industrialised, Rich and Democratic" or "WEIRD" countries, grappling with the perfect storm ... |
| | | | Sequoia Financial Group said it has appointed an independent advisor to undertake a sale process of InterPrac Financial Planning. Sequoia did not name which company it has been engaging with for the potential sale. "This process is at an early stage ... |
| | | | Commonwealth Bank (CBA), together with Colonial First State Investments (CFSI) and Avanteos Investments, have agreed to settle the long-running Interest Rates Class Action for $249 million but deny wrongdoing. The class action spearheaded by Slater ... |
| | | | Property developer Bathla Group went into voluntary administration yesterday, raising fears that investors will pull back from private credit funds exposed to the sector. In response, MA Financial has introduced a temporary monthly redemption limit ... |
| | | | Netwealth reported record underlying earnings and funds under administration in FY26, though its statutory result was weighed down by $74 million in after-tax costs related to the First Guardian Master Fund collapse. The platform provider incurred a ... |
| | | | Two victims of the First Guardian Master Fund linked to InterPrac Financial Planning, who collectively lost $465,000, have won a small victory in the Federal Court. Justice Beach on August 13 ordered InterPrac to pay the sums, which were calculated ... |
| | | | The Federal Court has declared Netwealth Superannuation Services and Netwealth Investments contravened the Corporations Act in relation to the First Guardian Master Fund. ASIC commenced proceedings against Netwealth after accepting a court enforceable ... |
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