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16 May 2019 • By Charbel Kadib • 1 min read

APRA accused of downplaying competition risks

A new report has found that APRA has “downplayed” and “dismissed” competition risks associated with its regulatory reforms, according to a new report

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ESG terminology to be redundant

The term ESG will be completely redundant in five years according to one fund manager as people realise you cannot separate ESG analysis from ...

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ASIC warns industry of funding obligations

ASIC has sent out a warning to Australian financial services and credit licensees to factor in application times when applying for licences

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Fund managers slammed for paying ratings agencies and platforms

A damning new report recommending extensive reform in the financial sector has taken aim at fund managers that pay a sponsorship fee to have their ...

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CBA boss struggling with scandals, defends retail channel

The significant challenges weighing on Australia’s biggest bank are likely to continue for the next 12 to 18 months, according to a leading market ...

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Blue Sky cancels Wilson bid for control

Blue Sky Alternative Investments has withdrawn from negotiations for Wilson Asset Management to take over management of its ASX-listed Alternatives ...

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CBA remediation bill rises by $700m

In its trading update for the March quarter of 2019, CBA confirmed an additional $714 million in customer remediation provisions taken in the quarter

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Consumer financial literacy low as sector trust sinks

The majority of consumers have poor understanding of basic financial concepts but are overconfident in their ability to handle their money, as trust ...

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Green bond issuance up by 40%

Issuers brought $47.2 billion of green bonds to the global market in the first quarter, a 40 per cent increase year-on-year, according to a new ...

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Blue Sky breaches $47.7m loan

Blue Sky Alternative Investments has admitted to the market that it breached a condition of its seven-year $47.7 million loan facility with US-based ...

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