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Showing 1 - 10 of 76 results for "fitness"

APRA opens consultation to governance reforms

KARREN VERGARA  |  TUESDAY, 16 JUN 2026
... appropriate. APRA said the changes would also strengthen requirements for board governance, conflicts management and the fitness and propriety of directors and executives. The consultation is open until August 28. Submissions in response to the consultation ...

Centuria bullish on large format retail sector, launches new fund

RIDDHIMA TALWANI  |  WEDNESDAY, 4 MAR 2026
... Melbourne for $86 million. The retail precinct is anchored by Bunnings, with Freedom Furniture, e&s, The Good Guys and Revo Fitness as other key retailers. "This was a rare opportunity to secure a well performing LFR asset, in a blue-chip location within ...

Global RE investment firm continues Aussie expansion

ELIZA BAVIN  |  TUESDAY, 3 FEB 2026
... and execution of this development." Students will have access to a variety of amenities, including communal kitchens, a fitness facility and study lounges, among others. The project targets a 5 Green Star rating and incorporates sustainable design elements ...

BUSSQ's boardroom brass cleared, CFMEU spend deemed sound

ANDREW MCKEAN  |  WEDNESDAY, 2 JUL 2025
... practices, particularly its relationship with the CFMEU, and was therefore required to commission a review assessing the fitness and propriety of its board members and financial dealings. KPMG's report concluded that BUSSQ's current directors and officers ...

SMC backs principles-based approach to corporate governance

ANDREW MCKEAN  |  MONDAY, 23 JUN 2025
... years at any individual fund. It also said that criminal history and compliance checks are important steps in assessing fitness and propriety. However, SMC urged the regulator to ensure board composition reflects a broad range of skills and expertise ...

ASIC bans unlicensed WA adviser

ELIZA BAVIN  |  FRIDAY, 2 MAY 2025
... investors, and acted dishonestly by making false statements. ASIC said it also had reason to believe that Kendrick lacked the fitness and propriety, and the training and competence, required to participate in the Australian financial services industry. ...

BUSSQ abandons appeal, concedes to licence conditions

ANDREW MCKEAN  |  THURSDAY, 13 MAR 2025
... trustees, insurers, and bank board's governance requirements. The regulator wants to ratchet up minimum standards for the fitness and propriety of responsible persons, requiring "significant financial institutions" to engage with it on succession ...

Beware creep of cancel culture into super fund governance: Lawyer

ANDREW MCKEAN  |  FRIDAY, 7 MAR 2025
... playing out in the news. "When APRA says a change in personal circumstances should trigger a reassessment of someone's fitness and propriety, what kind of circumstance are we talking about?" Barrett raised concerns about whether placing greater emphasis ...

Super, insurance, and bank boards' 'poor practices' targeted by APRA

ANDREW MCKEAN  |  THURSDAY, 6 MAR 2025
... its governance standards in more than a decade. The regulator said it's looking to raise the minimum standards for the fitness and propriety of responsible persons, requiring significant financial institutions to engage with it on succession planning ...

BUSSQ handed stricter licence conditions by APRA amid appeal

ANDREW MCKEAN  |  THURSDAY, 20 FEB 2025
... regulator said super fund trustees must act in the best financial interests of members and have robust processes to assess the fitness and propriety of their directors. It added that the decision to impose additional licence conditions stemmed from prudential ...
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