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12 April 2023 • By Jon Bragg • 1 min read

ASX considers closure of mFund settlement service

The market operator will consult on the future of its managed fund settlement service, mFund, which it says has only attracted $1.6 billion in funds ...

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ASIC instructs ‘failed’ super funds to improve their communications

The regulator says that a more member-centric approach is required in communications from funds that failed the Your Future, Your Super performance ...

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CEFC pledges $80m towards decarbonisation via Crescent Capital fund

Crescent Capital’s new private equity fund is aimed at driving ambitious emission reduction targets across a range of mid-market companies

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Interest rates on hold until August, says big four bank

ANZ has predicted that the Reserve Bank of Australia (RBA) will keep interest rates on hold until August, when it believes the central bank will ...

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Challenger forms strategic partnership, offloads real estate business

The investment management firm has entered into an agreement with ASX-listed real estate and funds management group Elanor Investors. Challenger ...

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Officers of $17m investment scheme found in breach of duties

The Federal Court found that four officers of an investment scheme that raised $17 million had breached their duties. The Federal Court has found ...

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Financial group fined $123k for multiple breaches

The company has been convicted on multiple charges. The Australian and Securities and Investments Commission (ASIC) has announced that ALT ...

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World Bank urges action to counteract ‘lost decade’ of global growth

The global economy’s potential growth rate is expected to fall to a three-decade low. A new report from the World Bank has warned that the global ...

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New Broker Academy 2023 to help you become a broker

Registrations have opened for the 2023 New Broker Academy, a free conference that arms you with tools to launch a broking career. The seventh ...

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Concerns flagged on forward-looking statements in climate disclosure

Debate is swirling around the liability exposure Australian directors face when making climate disclosures due to lack of safe harbour provisions

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