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28 March 2024 • By Reporter • 1 min read

Vanguard faces potentially hefty fine as court rules against misleading ESG claims

The size of the fine that will be imposed on Vanguard following its loss in court will be known later this year. The Federal Court ruled on ...

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Inflation remains steady, undershoots expectations

The ABS has released its monthly consumer price index indicator. The consumer price index (CPI) rose 3.4 per cent in the 12 months to February ...

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Australia’s first sovereign green bond set for warm welcome

The federal government’s inaugural offering has been met with enthusiasm from Australia’s fund managers ahead of a four-week investor roadshow slated ...

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Auditor proposes 2 alternatives to $3m cap to protect economy

A leading auditor suggests that rather than introducing the $3 million super tax, the government has two alternative options to generate more income

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Prime Dairy celebrates dairy milestone with Woolnorth farm acquisition

Prime Dairy, a subsidiary of Melbourne-based fund manager Prime Value Asset Management, has reached a significant milestone with its acquisition of a ...

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Sophisticated investor test under scrutiny amid a new inquiry

A parliamentary committee has kicked off an inquiry into the wholesale investor thresholds. The parliamentary joint committee on corporations and ...

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Markets welcome ‘friendly’ decision as Fed holds rates

While the Federal Reserve opted for a hold in its March meeting, its dovish tone suggests a quiet confidence for a soft landing ahead, according to ...

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Allens reports uptick in financial services class actions

Financial services class actions are back on the agenda after a “brief reprieve” in recent years, reporting a 69 per cent uptick during 2023, with ...

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Are financial firms well placed to meet mandatory climate disclosures?

With firms on the cusp of a fundamental change in financial reporting, new research suggests parts of Australia’s financial sector are less prepared ...

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Greenwashing fears spur desire for independent sustainability verification

New research from the RIAA reveals more than three-quarters of consumers would be more likely to invest in products that were verified by an ...

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