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09 March 2023 • By Charbel Kadib • 1 min read

Govt probed on franking credit tax proposal

The Albanese government has been accused of reneging on its pre-election commitment to preserve tax exemptions for franking credits.  Franking ...

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Senate orders govt to reveal super tax modelling

The Albanese government has been ordered to publish Treasury modelling detailing the projected impact of its super tax reforms amid concerns the ...

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Sequoia to offload 80% of Morrison Securities clearing business

The divestment comes on the back of the company reporting a “disappointing” half-year result last month. Sequoia Financial Group has announced that ...

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Treasury to review MIS regulatory framework

The Treasury is set to review the managed investment schemes (MIS) regulatory framework. The review, according to a statement by Financial Services ...

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RBA governor to meet with Lifeline and Suicide Prevention Australia

After delivering its 10th consecutive interest rate increase this week, the Reserve Bank has been urged to consider the human impact of its decisions

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ESG engagement should occur within investment teams

Asset managers should not be outsourcing engagement on ESG investment to the ESG team, a fund manager argued. Ahead of the InvestorDaily ESG Summit ...

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Atlassian sheds 5% of global workforce as tech boom reverses

Australian software giant Atlassian has cut 500 jobs globally among a broader tech sector crash. The global “tech wreck” has found its way to ...

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Fed chair signals higher and faster rate hikes are on the horizon

The central bank still has a “long way to go” in bringing inflation back to target. Federal Reserve chair Jerome Powell has signalled that higher ...

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Have Australians welcomed Labor’s super tax changes?

While the changes have faced backlash in some circles, recent polls indicate that Labor has garnered support from at least half of the population

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How regulator crackdown could lead to ‘greenhushing’

Greenwashing has launched into the spotlight recently, but Morningstar says recent regulator action could lead to “greenhushing”. The Australian ...

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