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30 January 2020 • By Lachlan Maddock • 1 min read

APRA vows greater scrutiny of bank culture

APRA will strengthen and expand its Banking Executive Accountability Regime (BEAR) across the financial landscape as the regulator gears up for what ...

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Open banking retains big four reign, crushes newcomers: Raiz

Mobile investment app Raiz Invest has slammed the open banking regime and urged for an overhaul of the ePayments Code and the ADI accreditation ...

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Clime backs LICs as government reviews commissions

A fund manager has defended the $41 billion listed investment segment in the midst of industry scrutiny, following the government indicating it will ...

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Government instigates open banking inquiry

The federal government has launched an inquiry into Consumer Data Right, assessing factors such as third parties being granted the ability to initiate ...

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Macquarie staff tied to German tax fraud scandal 

Macquarie Group has disclosed 60 of its current and former employees including chief executive Shemara Wikramanayake are now suspects in an ...

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ASIC reins in fund manager

ASIC has suspended the licence of another Sydney-based fund manager for a period of six months.  ASIC suspended the AFS licence of Global Merces ...

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ASIC clamps down on Sydney investment managers

ASIC has suspended the Australian financial services licenses of Sydney-based Theta Asset Management and Valuestream Investment Management

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WiseTech stock remains volatile: Morningstar

WiseTech’s stock has failed to recover from a short-seller attack late last year and could fluctuate further, according to analysis from Morningstar

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Frydenberg rejects ‘green swan’ bailouts

Treasurer Josh Frydenberg has clamped down on suggestions that central banks could be forced to take drastic action to ward off a climate-related ...

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Social mobility at record low: WEF

Most economies are now failing to create conditions in which their citizens can thrive, with income inequality more entrenched than ever, according to ...

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