Draft legislation on the first stream of the Quality of Advice Review reforms is expected to be released “within weeks”, according to Minister for Financial Services Stephen Jones.

The fintech company has welcomed its third non-executive director in two months following a significant $280.7 million loss in FY23 and a promise to deliver a refreshed board and strategy reset.

Treasurer Jim Chalmers is in talks with Future Fund governor, Peter Costello, about whether he will remain at the sovereign wealth fund for another term, as it seeks to make two board appointments.

AUSIEX has partnered with Saxo Australia to deliver an integrated trading solution for financial advisers to help them better service clients and improve their client proposition.

The firm has welcomed a former Northern Trust executive to lead its team of investment specialists in representing its equity, multi-asset, alternatives, and fixed income offerings in the Australian market.

Markets have welcomed the announcement of Australia’s first-ever sovereign green bond, planned for mid-2024, though managers remind investors that not all green bonds are created equal and there’s still plenty to take into account.