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04 June 2019 • By Eliot Hastie • 1 min read

RBA announces cash rate

The central bank’s cash rate decision has been revealed, following its monthly monetary policy board meeting.  The RBA has officially cut the ...

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Former CFO charged with fraud

The former chief financial officer of Octaviar Limited has been charged with twenty-six counts of fraud under the Queensland criminal code

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Industry misconduct well-known by companies: APRA

APRA’s deputy chairman has said that the misconduct highlighted by the royal commission were well-known yet were not addressed.  John Lonsdale, ...

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Mainstream downgrades, fears change in super sector

Mainstream has reduced its full year revenue guidance, saying that its superannuation segment is being challenged by amplified regulation and the ...

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Zurich completes acquisition of ANZ life business

Zurich Financial Services Australia has announced it has completed the acquisition of ANZ’s OnePath Life, making it the largest retail life insurance ...

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Aurora trumps Primary in fund challenge

Aurora Funds Management has been successful in its battle against Primary Securities to remain the responsible entity over the Aurora Return Fund, ...

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Labor announces new shadow treasurer

In an announcement over the weekend, the leader of the opposition party announced a new look shadow ministry, including a new treasurer

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Macquarie cops fine for ‘negligent’ market conduct

ASIC’s Markets Disciplinary Panel has made Macquarie pay a $300,000 penalty after finding it guilty of providing inaccurate and incomplete regulatory ...

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Link downgrades profit

Financial services provider Link Group has reduced its expected profit for the full year, citing a competitive pricing environment, lower levels of ...

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Community benefits big winners from ASIC action

The community is the biggest winner from ASIC action with over $15 million paid in community benefits over the second half of last year

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