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Showing 1 - 10 of 4462 results for "The Fed"

IAG settles $2.8bn lawsuit with Credit Suisse

ELIZA BAVIN  |  FRIDAY, 25 SEP 2026
Insurance Australia Group Limited (IAG) has announced it has agreed to a settlement in the proceedings brought by Credit Suisse against it in the Federal Court, over the collapse of Greensill Capital. IAG said the terms of the settlement are confidential ...

Netwealth faces potential class action over First Guardian failure

RIDDHIMA TALWANI  |  MONDAY, 21 SEP 2026
Netwealth Group has received letters of potential class action, alleging it breached duties while offering and monitoring certain First Guardian investment options available through the Netwealth Superannuation Master Fund. No proceedings have yet been ...

ASIC secures court orders against questionable investment scheme

MATTHEW WAI  |  MONDAY, 21 SEP 2026
ASIC has secured interim asset preservation and travel restraint orders against Star Investment Group Australia (SIGA) and Gondal Holdings, and the director of both entities Ijaz Ahmad, following investigations into its managed investment scheme. ASIC ...

Sequoia plots potential restructure

MATTHEW WAI  |  FRIDAY, 18 SEP 2026
Sequoia Financial Group, the parent company of InterPrac Financial Planning, is conducting a thorough review of all its operating subsidiaries for a potential restructuring. The ASX-listed firm said the review will provide insight if a restructuring ...

Fed's rate hike exacerbates Australia's outlook

MATTHEW WAI  |  THURSDAY, 17 SEP 2026
... in more than three years, contributing to the ongoing adversity the global economy is facing, especially in Australia. The Fed has called a rate hike overnight, increasing the interest rate by 25 basis points from 3.75% to 4%. Commenting, VanEck head ...

Former adviser charged further on dishonest conduct

RIDDHIMA TALWANI  |  MONDAY, 14 SEP 2026
Former financial adviser and the sole director of Professional Wealth Management, Donald Cuthbertson, has been slapped with 24 offences in the Federal Court of Australia. An indictment filed on August 28 showed Cuthbertson being charged with making ...

Government backs Enhanced Regulatory Sandbox overhaul

VINNY VUCAGO  |  WEDNESDAY, 9 SEP 2026
The Federal Government has backed an overhaul of Australia's regulatory sandbox framework, agreeing to repeal the legislation underpinning the Enhanced Regulatory Sandbox (ERS) and replace it with a more flexible model designed to support financial ...

Federated Hermes partners with Conduit Digital

VINNY VUCAGO  |  WEDNESDAY, 2 SEP 2026
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 ...

FEATURE | Group insurance | Dusk to dawn

KARREN VERGARA  |  FRIDAY, 28 AUG 2026
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 gives InterPrac sale a second shot

ELIZA BAVIN  |  THURSDAY, 27 AUG 2026
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 ...
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