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Showing 1 - 10 of 6679 results for "Sale"

ASIC cancels AFSL of Capital Guard over fake bond sale

ELIZA BAVIN  |  FRIDAY, 3 JUL 2026
ASIC has cancelled the Australian Financial Services Licence (AFSL) of Capital Guard after finding that it had engaged in dishonest conduct, including the selling of a fake bond and providing false documents to its auditor. ASIC said the licence was ...

First Guardian victims recoup 8% of $38m loan

KARREN VERGARA  |  FRIDAY, 3 JUL 2026
... Guardian and Shield Superannuation Discussion group on Facebook, one member described the recoverable amounts as "another fire sale". One member said it was "another bitter pill" for investors and many others vented their frustration at the "disappointing" ...

MaxCap appoints chief executive

RIDDHIMA TALWANI  |  THURSDAY, 2 JUL 2026
MaxCap has named deputy chief executive and chief financial officer Kylie Robb as chief executive, effective July 1. A MaxCap spokesperson told Financial Standard Robb was brought into the business in the deputy chief executive role two years ago with ...

WT Financial bets on scaling advice practices

RIDDHIMA TALWANI  |  THURSDAY, 2 JUL 2026
... demonstration of the ASX-listed financial services firm's strategy to help high-quality advice practices scale. For the sale, it will receive $450,000 in cash, 426,800 new TAG shares for $1.63 per share as well as $1.5 million vendor finance provided ...

Final report into Life Code makes 85 recommendations

MATTHEW WAI  |  WEDNESDAY, 1 JUL 2026
The final report of an independent review of the Life Insurance Code of Practice (Life Code) has been finalised, proposing some 85 recommendations across aspects of mental health, customer vulnerability, claims handling, and sales practices. The review ...

Euroz Hartleys sells capital markets arm to Canada's BMO

RIDDHIMA TALWANI  |  TUESDAY, 30 JUN 2026
... quality of our private wealth client offering," McKenzie said. It intends to distribute the post tax net proceeds from the sale to shareholders through a fully franked dividend and capital return. The capital market arm is focused on metals and mining ...

Super the backbone of stressed financial ecosystem: APRA

MATTHEW WAI  |  TUESDAY, 30 JUN 2026
... most funds were selling offshore listed assets to accommodate the shock but avoided unlisted asset sales to help limit fire-sale losses. They have, instead, increased exposure to private assets for some members to rebalance portfolios, even as liquidity ...

Aware Super ups stake in retirement village asset

RIDDHIMA TALWANI  |  THURSDAY, 25 JUN 2026
... strategic divestment of 83 gigalitres of water entitlements from the southern Murray-Darling Basin. The proceeds from the sale, which have remained undisclosed, of the water rights will be redeployed back into the fund's infrastructure portfolio ...

First Sentier adds to C-suite, hires from Rabobank

VINNY VUCAGO  |  WEDNESDAY, 24 JUN 2026
First Sentier Group has appointed a former Rabobank executive as chief people officer. Belinda Webber will take on the role as the global asset manager continues to strengthen its leadership team and deepen its focus on talent and organisational performance. ...

IFM builds Atlas Arteria stake to majority

RIDDHIMA TALWANI  |  WEDNESDAY, 24 JUN 2026
... are not value maximising in response to its takeover bid. It also objected to the additional distributions from the asset sale. "Atlas Arteria is already unable to fund the 40 cent per security distributions out of available cash flows and has historically ...
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