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ASIC's enforcement actions led to over 80 bannings in 2022 - Vimarsana News

ASIC's enforcement actions led to over 80 bannings in 2022

The regulator has released a summary of its enforcement outcomes last year. 53 individuals were removed or restricted from providing financial services or credit in the second half of last year, acco

Source: ifa.com.au
Fiducian reports increase in adviser numbers - Vimarsana News

Fiducian reports increase in adviser numbers

The firm has announced its results for the half year ended 31 December 2022. Fiducian has posted a 9 per cent fall in underlying net profit after tax (NPAT) to $7.0 million and a 17 per cent drop in

Source: ifa.com.au
Big four banks split on regional branch closures - Vimarsana News

Big four banks split on regional branch closures

While one major bank has committed to halting closures in regional areas while a Senate inquiry is undertaken, another is proceeding with closures regardless. The Commonwealth Bank has confirmed it

'Sharp price falls' recorded in regional property markets - Vimarsana News

'Sharp price falls' recorded in regional property markets

Australia’s most popular lifestyle markets have been hit the hardest by softer conditions and interest rate increases, according to analysis by CoreLogic. CoreLogic has declared that Australia’s

Treasurer reveals decision on Lowe to be made by mid-2023 - Vimarsana News

Treasurer reveals decision on Lowe to be made by mid-2023

The Treasurer is expecting to receive the recommendations of the RBA review next month, following which he will make a decision on Phil Lowe. Treasurer Jim Chalmers has indicated that he expects to r