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26 October 2022 • By • 1 min read

CommSec, AUSIEX hit with largest ever penalty for breaches of Market Integrity Rules

CommSec and AUSIEX have been ordered to pay a penalty of over $27 million for systemic compliance failures. The Federal Court has ordered ...

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2022 budget: Here's what you need to know

Treasurer Jim Chalmers delivered Labor’s “solid and sensible” federal budget on Tuesday evening, 25 October, outlining a number of key measures ...

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How signing the global methane pledge will impact Australian investors

Australia has joined 122 other signatories to the global methane pledge. The federal government’s recent decision to join the global methane pledge ...

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Participants in wholesale markets urged to review new ASIC reports

ASIC has released two new reports on practices in wholesale financial markets. ASIC has encouraged participants in wholesale financial markets to ...

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ASIC sues firm over promotion of crypto-asset

The firm is alleged to have made false, misleading or deceptive representations. ASIC has commenced civil penalty proceedings in the Federal Court ...

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KKR and Mubadala to invest US$1bn in APAC private credit market

Global investment firm KKR has partnered with Abu Dhabi sovereign wealth fund Mubadala to deploy at least US$1 billion of long-term capital in the ...

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MySuper test challenges ASIC’s past performance rules, ASFA says

ASFA has asked for two improvements to be made to the YFYS performance test. In its latest submission to the Treasury’s Your Future, Your Super ...

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Why Labor is expected to take a cautious approach to tonight's budget

Treasurer Chalmers is due to deliver Labor’s “family-friendly” budget tonight at 7.30pm. Jim Chalmers is due to deliver a “family-friendly” budget ...

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Westpac's earnings down $1.3bn in 2H22

The big four bank has released its results for the second half of financial year 2022. Westpac on Monday announced that its reported net profit and ...

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Fall in house prices in this capital city exceeds 10%

The average Sydney home is now worth over $100,000 less than what it was in February. After peaking in February this year, Sydney home values have ...

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