Elliott says he took responsibility for reputational problems at the bank, but wants his contract honoured.
The action is the fourth time Asic has moved against Macquarie Group over the last year.
In the aftermath of the election drubbing, Sussan Ley’s elevation charts a course back to the centre for the opposition.
Re-elected Prime Minister Anthony Albanese has hit the ground running as his opponents lick their wounds.
The polls had pointed to a Labor victory, but the magnitude of the victory exceeded predictions.
ANALYSIS: The polls say Albanese is on track to be returned as Australia’s PM, but some believe the Opposition could still find a path to victory.
Mercer's analysis reveals the damage wrought on equities this year.
The fall was the biggest since March 2020, during the Covid pandemic.
Australia’s beef industry had feared 20% tariffs on its US$3.3b in annual exports, so was relieved with the 10% announcement.
The ASX is maintaining the Chess system until 2032, but regulators see operational risk.