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28 July 2022 • By Neil Griffiths • 1 min read

Suncorp to pay over $30 million in super class action settlement

A settlement approval hearing is scheduled in the coming months. Suncorp has agreed to settle on a class action brought forward by its members in ...

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Macquarie reports profit increase amid ‘softening’ trading conditions

Macquarie has issued a trading update for the first quarter of its financial year. In a trading update released on Thursday, Macquarie Group ...

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IFM ends discussions with Atlas Arteria

The fund manager had been considering a takeover bid for the toll road operator. IFM Investors has ended discussions with Atlas Arteria (ALX) after ...

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ASIC gives update on market enforcement outcomes

ASIC has released its latest enforcement and regulatory update. A total of 19 market enforcement litigation matters between 1 January and 30 June ...

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ASIC issues first DDO stop orders

Interim stop orders have been placed on three financial firms. On Thursday, ASIC announced it has placed interim stop orders on three financial ...

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Challenger names new funds management chief

The head of fixed income at Challenger is moving to a new role. Victor Rodriguez has been appointed to the role of chief executive, funds ...

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Fed announces another 75-bp rate hike

The Fed has lifted rates by 75 basis points for the second month in a row. On Wednesday, local time, the US Federal Reserve announced it had raised ...

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Payment redirection scams continue to climb

ASIC is urging businesses to be wary of payment redirection scams after the ACCC revealed micro and small businesses had been affected by them the ...

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SMSF Association CEO to depart

A replacement has been confirmed. The SMSF Association has announced that John Maroney will step down from the position he has held since May 2017 ...

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Westpac sets sights on becoming a ‘net-zero bank’

The bank has set new targets to reduce its financed emissions. Westpac has announced that it is now targeting a 23 per cent reduction in financed ...

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