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04 September 2019 • By Eliot Hastie • 1 min read

ASIC sues Bendigo and Adelaide Bank

ASIC has commenced proceedings in the Federal Court against Bendigo and Adelaide Bank concerning unfair contract terms in small business contracts

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APRA to get tough and take stronger action

In a recently released update to its enforcement approach, the prudential regulator has outlined how it will take stronger action against those it ...

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Moelis share buyback paves way for acquisitions

Moelis Australia will cease to be foreign company nor require FIRB approval on acquisitions after its NYSE-listed parent company reduced its holding ...

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First carbon neutral super fund certified

The federal government has certified the first carbon neutral super fund for emissions produced from its business operations. The fund by HESTA has ...

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Aus super funds down with the dollar

Australia’s largest superannuation funds have slipped in their global value rankings according to a new report, dragged down with the fall of the ...

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Legg Mason bond fund hits $1bn FUM milestone

The Legg Mason Western Asset Australian Bond Fund has passed $1 billion in funds under management for the first time since it was launched

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RBA holds cash rate

The Reserve Bank of Australia has held the official cash rate at 1.0 per cent. The current cash rate is a historic low, after it was implemented in ...

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AFCA names breaching firms

The Australian Financial Complaints Authority has revealed 29 firms that have failed to pay a collective total of $1.7 million in complaint charges, ...

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Property prices won’t return to ‘boom times’: Oliver

AMP Capital chief economist Shane Oliver says the latest resurgence in property prices will be tempered by weak economic conditions and lending ...

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Wealth giant appoints whistleblowing officer

AMP Limited has invested in its risk management following a turbulent couple years with the appointment of a dedicated group whistleblowing officer

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