Plus: Peace deal between US, Iran nears; Labor's ACT stronghold wobbles; NZ's offer to Aussie entrepreneurs.
Jassmyn Goh
News editor
Contact Jassmyn via email.
More KPMG clients are reviewing their arrangements with the firm, as Greens Senator Barbara Pocock called for it to be banned from providing whistleblower hotline services.
CSIRO, AEC, BoM and the ATO are demanding KPMG confirm their data has not been misused as the fallout from its audit leaks scandal continues.
KPMG has assured the Australian National Audit Office its information has remained confidential, but the office is seeking more details.
Michele Bullock has all but confirmed the central bank won’t renew a contract with KPMG to supply its whistleblower hotline, and a separate deal for immigration services.
Labor Senator Deb O’Neill has labelled KPMG’s provision of whistleblower hotline services to corporate clients as “an untenable proposition”.
Storied investment firms Soul Patts and Perpetual and hedge fund Regal have all revealed plans to deepen their exposure to the booming but controversial asset class.
The Regal-owned private credit fund manager’s credit losses increased while its performance and loan management fees have dropped.
Professional sport is fast becoming an institutional-grade asset class. Some of the biggest winners for superannuation capital are the Atlanta Braves and Formula One.
Eight months into his CIO role at the super fund, Michael Clancy divulges his thoughts on regulation, leading the investment team and how AI has changed his job.
The chief investment officer role at superannuation funds has never been harder to fill as the job now requires both investment expertise and executive management skills.
The star fund managers will not be escrowed in the biggest float on the ASX so far this year, which seeks to capitalise on a (faltering) revival for the yellow metal.
Market participants say Australia is lagging on tokenisation solutions as the ASX is too focused on upgrading its clearing system.
Global conflict hit active Australian equity funds but longer-term returns remain positive.
Australian businesses are proving far more cautious over AI adoption than their peers several developed economies, including the US and Canada.
The strong vote in favour did not stop shareholders from asking pointed questions about the deal, the Lowy family’s involvement and poor disclosure around Barrenjoey’s finances.
Reeling from the final ASIC report into its shortcomings, the Australian bourse is in need of urgent repair even as its CHESS replacement project faces potential delays.
ASIC has set its sights on how individual investors are accessing the booming private credit asset class via managed account platforms.
RBA assistant governor Brad Jones says banks have been slow to embrace tokenised deposits. But some argue that delay could yet work in their favour.
More than a year after Capital Brief reported the plan, Westpac has begun moving 75,000 business customers from its sub-brands to the main bank.