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15 February 2023 • By Jon Bragg • 1 min read

$222m in civil penalties resulted from ASIC action in 2022

The regulator has released a summary of its enforcement outcomes last year. A summary of the Australian Securities and Investment Commission’s ...

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HESTA hits 1m members

The fund has celebrated a turning point in its growth in welcoming its millionth member.  HESTA has announced its membership has now surpassed 1 ...

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Lowe says he attended private lunch amid concerns of excessive communication

On Wednesday, the governor of the Reserve Bank, Philip Lowe, spoke at Senate estimates, where he addressed his recent attendance of a private lunch ...

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Cboe Australia CEO to retire

The market operator has announced the retirement of its chief executive. Cboe Australia chief executive officer Vic Jokovic is set to retire at the ...

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Has the government lost confidence in Dr Lowe?

Asked whether Dr Lowe enjoys the confidence of the government, Katy Gallagher, the Minister for Finance, ushered a quick response — “Yes”

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CBA prospers from higher rates, reports $5.2bn half-year profit

The bank has released its results for the first half of the financial year. Commonwealth Bank has posted a cash net profit after tax of $5.15 ...

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‘Sharp price falls’ recorded in regional property markets

Australia’s most popular lifestyle markets have been hit the hardest by softer conditions and interest rate increases, according to analysis by ...

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ANZ customers urged to register for share in $47m settlement

ANZ customers who purchased consumer credit insurance (CCI) have been urged to register for potential compensation by Slater and Gordon, which settled ...

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Big 4 banks split on regional branch closures

While one major bank has committed to halting closures in regional areas while a Senate inquiry is undertaken, another is proceeding with closures ...

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Schroders Australia adds multi-asset fund manager

The asset manager has appointed a new multi-asset fund manager in its Sydney office. Adam Kibble will start in the role of fund manager, ...

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