POLICY & REGULATION

INDUSTRY NEWS

IOOF has confirmed the final settlement of a class action brought against it related to a failed prosecution by the Australian Prudential Regulation Authority with no cos...

INDUSTRY NEWS

New regulations, which bizarrely define class actions as ‘managed investment schemes,’ could stymie the compensation payouts of millions of Australians who have been robb...

INDUSTRY NEWS

The Australian Securities and Investments Commission will not escalate its responsible lending case against Westpac to the High Court, citing the current “challenging eco...

INDUSTRY NEWS

The Institute of Public Accountants says the stimulus initiatives need to better distinguish between viable and non-viable business, particularly to ensure JobKeeper 2.0 ...

INDUSTRY NEWS

Tax agents making false claims around Self Managed Superannuation Fund audits are in the sights of the Australian Taxation Office via referrals from the Tax Practitioners...

INDUSTRY NEWS

A new bill before parliament, which would require large businesses to publish policies on payment times, will help protect small business cashflows, according to the Inst...

INDUSTRY NEWS

The Australian Securities and Investments Commission is the regulator expected to oversee the Government’s proposed new litigation funding regime but received barely 24 h...

INDUSTRY NEWS

The Australian Securities and Investments Commission has launched a consultation on a second product intervention order to stop continuing consumer harm. ...

INDUSTRY NEWS

The Victorian-based company was banned for misleading the Australian Tax Office after an investigation from the Tax Practitioners Board....

INDUSTRY NEWS

The penalty is a result of an infringement notice by the Markets Disciplinary Panel for on-market buy-backs of shares....

INDUSTRY NEWS

MCR Partners has been banned from lodging complaints under the first invocation of rule 2.2, which excludes complainants represented or assisted by an agent receiving rem...

INDUSTRY NEWS

ASIC has cancelled the Australian financial services licence for MyPlanner Professional Services....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months 1 week ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months 2 weeks ago

The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call....

5 days 9 hours ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

2 weeks 6 days ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

1 week 3 days ago