Financial Services AU
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September 29, 2026
Australia's Private Credit Sector Forms Body After Scrutiny
KeyInvest chief executive Craig Brooke has said that a new association for the private credit industry will lift standards on the booming Australian sector.
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September 29, 2026
Federal Court Approves $100m Payout To Shield Investors
A Federal Court of Australia judge has approved the distribution of $100.2 million to investors in the Shield Master Fund on Tuesday as part of the liquidation of trustee Keystone Asset Management.
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September 29, 2026
Linklaters, Allens-Led NEXTDC Raises $1.1B For Data Centres
ASX-listed NEXTDC has raised $1.1 billion in its first convertible notes for the delivery and operation of Australian data centres, with Allens, Linklaters and Mallesons acting as legal advisers for various aspects of the offering.
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September 29, 2026
Panel Upholds Forrestania-Zenith Ruling, Adds Disclosures
A Takeovers Panel review panel has upheld a declaration of unacceptable circumstances over Forrestania Resources' proposed acquisition of Zenith Minerals, while requiring further disclosure about the consequences if Forrestania does not acquire full ownership of Zenith.
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September 29, 2026
12 Wentworth Selborne Adds 2 Barristers To Floor
12 Wentworth Selborne Chambers said Nakhul Bagwat, formerly a senior associate at Herbert Smith Freehills Kramer, and Georgia Appleby, formerly a senior associate at Maddocks, have joined its Sydney chambers.
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September 29, 2026
ACT Bar Association Names 2 Barristers Senior Counsel
The Australian Capital Territory Bar Association appointed barristers Danny Moujalli of Ground Floor Wentworth Chambers and Peter Woulfe of Blackburn Chambers as Senior Counsel, President Prue Bindon said in a statement Monday.
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September 29, 2026
Takeover Panel Finds Against DGR Shareholder Disclosures
The Takeovers Panel found that shareholders in mining exploration company DGR Global acquired major voting power in the company without providing accurate disclosures, and declared "unacceptable circumstances".
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September 28, 2026
Metrics Cuts Values Of ASX-Listed Funds After Audit Stoush
Metrics Credit Partners has cut the value of three ASX-listed funds it manages after audits by KPMG Australia forced the private lender to consider potential credit losses and investments in private equity and commercial property.
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September 28, 2026
Aware Super Sought CGT Relief to Unlock Fund Investment
Aware Super has urged the federal government to change superannuation tax, disclosure and pension rules, including extending capital gains tax rollover relief where beneficial ownership of an investment remains unchanged.
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September 28, 2026
NSW Solicitor Hit With Vexatious Proceedings Order
A New South Wales solicitor has been ordered to seek the Federal Court of Australia's permission before starting or continuing any proceedings there, after several cases he brought against Kailash Lawyers and Consultants were dismissed.
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September 28, 2026
AUSTRAC CEO Says Lawyers Should Watch Property For AML
AUSTRAC CEO Brendan Thomas says several law firms have already reported suspicious matters to the anti-money laundering and counter-terrorism financing regulator under expanded laws, adding there was "significant risk" in property transactions.
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September 28, 2026
RBA Workers Take Pay Dispute To Fair Work Commission
Reserve Bank of Australia employees have applied to the Fair Work Commission to resolve stalled pay negotiations after the central bank did not improve a pay rise offer that workers already rejected, according to the Finance Sector Union.
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September 28, 2026
G+T-Led Ingenia Says Assessing $2.1B Warburg Pincus Bid
Land lease operator Ingenia said it is assessing an increased offer to $2.1 billion from US private equity firm Warburg Pincus, its third bid, according to a statement on Monday.
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September 28, 2026
Mallesons-Led Northern Star Rejects $39B Gold Fields Bid
Gold miner Northern Star Resources has rejected a $38.7 billion unsolicited takeover bid from South African-listed rival Gold Fields Limited as "highly opportunistic" and undervalues the business, with Mallesons acting as legal adviser.
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September 25, 2026
Taxation With Representation: Kirkland, Latham, McDermott
In this week's Taxation With Representation, Royal Caribbean invests billions in a joint venture with Sandals, Telix Pharmaceuticals buys ITM Isotope Technologies Munich, and Priority Technology makes a go-private deal with an investor group helmed by the company's chair and CEO.
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September 25, 2026
Lawcover Defends Sole-Insurer Model Amid Competition Push
Lawcover and its owner the Law Society of New South Wales argued that its status as the sole professional indemnity insurer for solicitors in NSW helps keep prices down and coverage high, saying opening up the market to competition would actually be worse for lawyers and that its critics are a disgruntled minority.
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September 25, 2026
Ex-Big Un CEO Avoids Jail For Sharing Inside Info
The former CEO of Big Un has avoided imprisonment after being convicted in the District Court of New South Wales for tipping off a shareholder about the true financial status of the failed tech startup.
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September 25, 2026
Appeals Panel Rejects Bid To Block $5M Investment Suit
A Victorian Court of Appeals panel has refused to strike out, or exclude documents from, a dispute over an allegedly misleading $5.1 million investment in a now-liquidated financial services company, saying the documents weren't confidential and the strike out motion was brought too late.
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September 25, 2026
Insurer Flags Conflicts In NSW Indemnity Insurance Regime
An insurance agency on Friday called out alleged conflicts of interest involving New South Wales' law society and attorney general within the state's "anti-competitive" mandatory legal insurance regime, drawing pushback from a legislator who said the agency should file a formal complaint.
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September 25, 2026
Netwealth Hit With Class Action Over First Guardian Failures
Law firm Keily McCrosson confirmed Friday that it had filed a class action against NetWealth over the superannuation trustee's offering and monitoring of investment options in the now-collapsed First Guardian Master Fund.
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September 25, 2026
IAG Settles $2.8B Greensill Claims With Credit Suisse
Trade insurance claims worth billions of dollars linked to the Greensill Capital collapse will go untested in the Federal Court of Australia as insurance giant Insurance Australia Group confirmed a settlement Friday in its stoush with UBS-owned Credit Suisse.
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September 24, 2026
ASIC Targets AI Trading Safeguards, Streamlines Market Rules
ASIC has introduced changes to its market integrity rules aimed at strengthening safeguards for automated and AI-enabled trading, as well as improving the testing, monitoring and governance of trading systems and algorithms amid growing adoption of the tech.
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September 24, 2026
Defendant Denied Costs Security In $142M Probis Funds Fight
A Hong Kong businessman at the centre of a failed trading company lost his attempt to gain security for his legal costs on Thursday in a fight over an allegedly missing $142 million investment in the Federal Court of Australia.
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September 24, 2026
Accounting Group Says Reforms Must Protect Audit Capacity
Accounting body CPA Australia told Treasury Thursday that major structural reforms to the auditing sector would pressure the industry as it faces a shortage of auditors, calling for the government to consider the industry's ability to recruit and retain workers when crafting new regulations.
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September 24, 2026
ACCC Approves I Squared's $898M oOh!media Acquisition
The ACCC has approved US private equity firm I Squared's $898 million acquisition of out-of-home advertiser oOh!media, saying it would not harm competition, oOh!media announced Thursday.