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Mergers & Acquisitions
03 November 2025 by Georgie Preston

Cboe to exit Australia

Just weeks after receiving ASIC approval to operate as a listings market, the alternative exchange has announced its decision to sell the Australian ...
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Westpac NPAT declines to $6.9bn amid heated competition

The major bank has reported lower net profit after tax as competitive pressures and investment spending weigh on margins ...

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‘Yield is destiny’ as PGIM backs bond bull market

Bonds are in a rare, income-led bull market with Fed rate cuts likely to further extend the rally, according to the ...

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Chalmers pushes Australia as global capital magnet

Treasurer Jim Chalmers has pitched Australia as the world’s most compelling investment destination amid rising ...

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AustralianSuper shakes up executive team

Chief member officer, Rose Kerlin, has been promoted to deputy chief executive in an expanded capacity which will see ...

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Future Fund surpasses $200 billion milestone 

Investment returns for the Future Fund hit a milestone in September, adding $200 billion in value for the first time ...

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ASIC flags guidance on Stronger Super

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ASIC will publish regulatory guidance on Stronger Super at the end of this year.

ASIC has flagged it will issue regulatory guides at the end of this year and hold road shows to help the superannuation industry comply with the Stronger Super reforms.

Depending on the passage of legislation, ASIC will release consultation papers and guidance on disclosure requirements for MySuper aspects, governance reforms, SuperStream changes and self-managed super fund (SMSF) reforms.

The government has already introduced legislation on the MySuper core provisions and trustee obligations and prudential standards.

"In addition, the Superannuation Legislation Amendment (Further MySuper and Transparency Measures) Bill 2012 is due to be introduced into Parliament in the Spring sittings," the corporate regulator said yesterday.

The exposure draft includes provisions relating to superannuation fees, intra-fund advice and collection and disclosure of fund information.

ASIC expects to be given the task of regulating disclosure.

"Subject to the final form of the legislation in this tranche, we anticipate giving regulatory guidance on the following aspects of disclosure: portfolio holdings, disclosure product dashboard, and disclosure of executive remuneration," it said.

"There may be disclosure ramifications associated with both the intra-fund consolidation and inter-fund consolidation arrangements subject to the final form of the legislation on these measures, and ASIC guidance may be required.

"We may also issue guidance, or update existing guidance, in relation to other disclosure matters arising from Stronger Super - particularly transition to MySuper."