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Showing 1 - 10 of 296 results for "Ruling"

Zurich completes ClearView takeover

VINNY VUCAGO  |  FRIDAY, 21 AUG 2026
... from the close of trading on August 21. ClearView also provided an update on the Australian Taxation Office's (ATO) class ruling relating to the tax treatment of the scheme and special dividend. The ATO has provided a draft ruling consistent with the ...

ATO issues guidance on new LRBA rules for SMSFs

KARREN VERGARA  |  WEDNESDAY, 29 JUL 2026
... industry now relies on SMSFR 2009/1, which has not kept pace with modern property and business arrangements," he said. This ruling explains the meaning and application of the term business real property in relation to SMSFs. "We look forward to the ATO's ...

ASIC bans former NextGen Financial Group directors

KARREN VERGARA  |  FRIDAY, 24 JUL 2026
... clients, WJ & V Drakoulis Super, sought to wind up the company after it failed to pay more than $270,000 owed under an AFCA ruling. AFCA had ordered NextGen to pay $270,523.67 after the firm accepted the determination on 24 November 2022 and agreed to ...

Block Earner found to have offered an unlicensed financial product

MATTHEW WAI  |  THURSDAY, 18 JUN 2026
ASIC has successfully appealed a ruling against Block Earner in relation to its fixed-yield digital asset-related product (Earner), which was previously not deemed a financial product. The High Court of Australia has unanimously found that Earner was ...

Dexus executives step down over leaked airport data case

RIDDHIMA TALWANI  |  TUESDAY, 9 JUN 2026
... who didn't participate in the data leaks, it should be treated differently. However, the judge dismissed this claim, ruling that each investor group is run by a single manager who acts as the sole point of contact. Dexus has also commenced a review ...

InterPrac targets First Guardian victim, disputes AFCA ruling

KARREN VERGARA  |  FRIDAY, 15 MAY 2026
InterPrac Financial Planning is taking action against a former client and victim of the First Guardian Master Fund collapse for an Australian Financial Complaints Authority (AFCA) determination it is vehemently contesting. The new proceeding comes off ...

Super funds must protect members, says Kirkland

MATTHEW WAI  |  FRIDAY, 27 MAR 2026
... relation to Shield and First Guardian and have returned more than $420 million collectively to around 4000 members. A court ruling last Friday determined that Macquarie breached the Corporations Act by failing to place Shield on a watch list. However ...

ASIC has 'strong appetite' to hold boards to account

ELIZA BAVIN  |  WEDNESDAY, 11 MAR 2026
... are questions about where the line should be drawn between the board and executive management, and despite the court's ruling Longo said the regulator will continue to pursue these cases. "This is probably the most significant corporate governance case ...

Trump hit by Supreme Court's 'body blow', strikes back with 15% global tariff

RIDDHIMA TALWANI  |  MONDAY, 23 FEB 2026
... a majority of Supreme Court judges have done," Betashares chief economist David Bassanese said. Under the Supreme Court ruling, tariffs imposed for fentanyl trafficking and reciprocal tariffs imposed on most trade partners are now considered unlawful. ...

FIIG Securities fined $2.5m for lengthy cyber failures

JAMIE WILLIAMSON  |  TUESDAY, 10 FEB 2026
... was acquired by AUSIEX. In response to the judgement, AUSIEX chief executive Patrick Salis said the company accepts the ruling and will comply with all obligations. "We cooperated fully throughout the process and have continued to strengthen our systems ...
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