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Top Financial Newswire News

KKR Acquires ProTen from Aware Super
KKR · Australia

KKR Acquires ProTen from Aware Super

60% Left coverage: 5 sources
SYDNEY--(BUSINESS WIRE)--Jul 1, 2025-See the Story
High-Pressure Tactics Used to Lure Aussies to Switch Super
Australia · Australia

High-Pressure Tactics Used to Lure Aussies to Switch Super

100% Left coverage: 3 sources
The corporate watchdog ASIC has warned Australians against high-pressure tactics which entice them to change super funds.See the Story
Real Estate Transitions: A place to return to
Inflation · Greeley

Real Estate Transitions: A place to return to

Coverage: 2 sources
Open the article to view the coverage from Reporter HeraldSee the Story

CSLR Revises Down Levy Estimate

The Compensation Scheme of Last Resort has released its revised levy estimate for the 2026 financial year, representing a marginal reduction. The reduction sees the levy estimate down from $77.975 million to $75.698 million. The CSLR said the need for the revised estimate was triggered due to the initial levy estimate issued in January exceeding the $20 million sub-sector cap for the personal financial advice sub-sector. The CSLR statement said …Australia · AustraliaSee the Story

Investors Locked Out_ Directors Locked In: First Guardian Saga

100% Center coverage: 1 sources
Australian regulators have tightened restrictions on two directors of Falcon Capital Limited, the company behind the troubled First Guardian Master Fund, as part of an ongoing investigation into the $274 million fund’s management and investor losses. Australian Court Bars First Guardian Directors From Leaving Country The Federal Court has issued interim orders preventing David Anderson and SimonTravel · AustraliaSee the Story

Yes, financial advisers are proportionately paying more

Financial advisers and licensees frowning over the Australian Securities and Investments Commission’s (ASIC’s) announcement of an estimated 6% increase in its industry funding costs for 2024-25 can blame the regulator’s increased responsibilities. The Cost Recovery Implementation Statement (CRIS) issued by ASIC accompanying its announcement reveals the additional burden being carried by licensees providing personal advice to retail clients on re…Australia · AustraliaRead Article

CareSuper kickstarts major cloud transition with Macquarie

Australian industry superannuation fund, CareSuper, has selected Macquarie Cloud Services to spearhead its cloud transition to the Microsoft Azure platform. With over 573,000 members and $57 billion in funds under management (FUM), CareSuper made the move away from the VMware Cloud on AWS (VMC) environment due to the “modern, cost-efficient, and agile” Managed Edge Azure Local offering.  The partnership will see Macquarie Cloud Services transfer…Microsoft · AustraliaRead Article

'Local fundamentals' see uplift as investors shed US exposure - Financial Newswire

The latest edition of Investment Trends’ online investing report has found a “marked” shift in investor sentiment as ongoing geopolitical tensions and trade uncertainty continues to impact markets. The 32nd First Half Australia Online Investing Report found that while confidence in the performance of US equities had declined and the ‘intention to buy’ Australian equities was sitting at more than double that of their US counterparts, investor int…Australia · AustraliaRead Article

ASIC Releases Estimated Industry Funding Levies for 2024-25

On 3 July 2025, the Australian Securities and Investments Commission (ASIC) issued its 2024-25 Cost Recovery Implementation Statement (CRIS), which outlines how ASIC will recover regulatory costs from industry under the industry funding model. The CRIS contains ASIC’s estimated costs and levies for each industry subsector in 2024-25 to help entities plan and budget for the levies and fees to be charged. The figures in the CRIS are estimates only…Australia · AustraliaSee the Story

AMP Hit with Another Class Action over 'Inflated' Insurance Premiums

Save (0) Please login to bookmarkClose Username or Email Address Password Remember Me AMP is facing a new class action alleging certain superannuation fund members were hit with inflated premiums over a five-year period, after arguing a similar matter was “in search of a case” more than four years after being filed.  Subscribe to Lawyerly to access this article.Already a subscriber? Username or Email Address Pass…Australia · AustraliaSee the Story

BUSSQ Publishes Independent Expert Report on Remediation Efforts

Open the article to view the coverage from Regulation AsiaQueensland, Australia · QueenslandSee the Story

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