Daily FNArena News - Australia

Australia’s general insurers face a new mandatory cost –the “AI Governance Tax”– forcing billions in defensive spending to meet FAR compliance and avoid algorithmic bias penalties before they can capture AI efficiency gains

Overviews in raw numbers and calculations that might assist investors with assessing trends and currents that might not be apparent from daily volatility and movements

Flight Centre has re-rated on competitor woes but following a new acquisition and an improving backdrop analysts see further re-rating potential

This story features regulatory enforcement priorities affecting private credit providers, superannuation funds, asset managers, banks, and general insurers across both listed and unlisted sectors

The new Rio Tinto CEO’s updated targets for earnings, volumes, costs and capex have been met with mixed responses from analysts

Overviews in raw numbers and calculations that might assist investors with assessing trends and currents that might not be apparent from daily volatility and movements

The collapse of Shield and First Guardian Master Funds has triggered one of ASIC’s largest investigations, marking a definitive shift in enforcement strategy that targets the entire financial product supply chain

Yet another guidance downgrade from Bapcor brings management’s expectation of a second half turnaround into question

NextDC’s contract utilisation and capex update highlights potential to far exceed FY25 numbers

Overviews in raw numbers and calculations that might assist investors with assessing trends and currents that might not be apparent from daily volatility and movements