Wed, 20th May 2026

In this week's finance news, plans for the Australian Superyacht, Marine Export and Commercial Marine Conference (ASMEX) are discussed, promising exciting business sessions and industry tours. MYOB and Mastercard have introduced Open Banking for Australian SMEs, securely linking businesses' bank accounts to MYOB's platform, thus simplifying operations and setting a base for future financial automation. CFMOTO prepares to release the 1000MT-X, their latest offering in the adventure motorcycle range, featuring a robust engine and early purchase incentives. Also, the Australian Treasury plans a comprehensive review to bolster the governance of managed investment schemes, aiming to enhance transparency and accountability, and introduce robust risk management measures, providing increased investor protection. The initiative is designed to help restore investor confidence in the wake of some prominent fund collapses.n