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Australia

ASIC concerned about private market boom
Investment
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ANZ’s Elliott forgoes A$3.2m as shareholders revolt
Australia

HSBC sued in Australia over A$23m scam losses
Investment

Macquarie makes A$1.6b interim profit, remains ‘cautious’

Australia
2

ASIC sues ASX over botched settlement solution
Australia

Lehrmann loses defamation case as judge finds he raped colleague

While he has not been found criminally guilty, the civil judge found he had committed the rape 'on the balance of probabilities'.

Lachlan Colquhoun Mon, 15 Apr 2024
Australia

‘Woeful’ Australian financial service firm fined A$1.25m

Lanterne was responsible for ensuring that A$1.7b of FUM was properly managed by its 60 corporate representatives, but it only had one full-time employee – its CEO and sole director Peter Cozens.

Dan Purves Thu, 11 Apr 2024
Australia

Australia shakes up merger policy to boost competition

The new system will consider not just the size of the merger, but its competitive impact.

Lachlan Colquhoun Wed, 10 Apr 2024
Australia

Disconnect between Aus business confidence and activity continues

Business continues to have a concerned outlook even as conditions improve, according to NAB. Elsewhere, Westpac found that consumer sentiment has fallen sharply.

Dan Purves Wed, 10 Apr 2024
Australia

Chinese wary of Australian mining as investment slumps

Australia has stopped Chinese takeovers in lithium and rare earth miners, so Chinese investors are looking elsewhere.

Lachlan Colquhoun Wed, 10 Apr 2024
Australia

Rest to invest €200m into logistics climate impact fund

The Australian industry super fund is a €80m cornerstone investor and has earmarked another €120m to go into Fidelity International’s new real estate fund.

Dan Purves Tue, 09 Apr 2024
Australia

Bull run to continue, but be ready for choppy seas

AMP's chief economist and head of investment strategy Shane Oliver on the week ahead.

Dan Purves Tue, 09 Apr 2024
Australia
2

Aussie supermarkets could face big fines for code breaches

The Government rejected the ‘big stick’ of asset sales, and now a former Labor minister is recommending stiff fines of up to A$4b for anti-competitive behaviour.

Lachlan Colquhoun Mon, 08 Apr 2024
Australia

ASIC issues first penalty for an auditor failing to rotate

Rules to promote independence of auditors were introduced 20 years ago.

Dan Purves Fri, 05 Apr 2024
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Labour policies offer hope in tough financial times
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A turning point for Māori representation
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The Green Party’s proposal to tax and spend billions more
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