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Showing 141 - 150 of 4117 results for "Commonwealth"

Australian Retirement Trust lines up another merger

JAMIE WILLIAMSON  |  TUESDAY, 21 MAR 2023
... billion in funds under management and gained a further 200,000 members. ART is also currently exploring mergers with Commonwealth Bank Group Super, AvSuper, and Woolworths Group. It also recently confirmed to Financial Standard that it is taking on the ...

Former director charged with fraud

CASSANDRA BALDINI  |  MONDAY, 20 MAR 2023
... has been granted bail and will appear in court on 9 May 2023 for committal. This matter is being prosecuted by the Commonwealth Director of Public Prosecutions following ASICs investigation.

Credit Suisse, oil prices see ASX fall: CommSec

CASSANDRA BALDINI  |  THURSDAY, 16 MAR 2023
... Credit Suisse that spurred on Wall Street downturns, but this isn't the only reason we're seeing a slump. Commonwealth Bank subsidiary CommSec explained the Aussie market opened down 97pts or 1.4% to 6971 and said all sectors are in the red ...

NSW Premier promises 'future fund' for children

CHLOE WALKER  |  TUESDAY, 14 MAR 2023
... $400 every year until they turn 18. Contributions will be capped at $1000 a year per child. For families receiving Commonwealth Family Tax Benefit A, the Government will automatically contribute $200 a year to the child's account without requiring a ...

Dodgy advice bill nears $5bn: ASIC

CASSANDRA BALDINI  |  FRIDAY, 10 MAR 2023
Providing its final update on institutions' financial advice remediation programs, ASIC calculated AMP, ANZ, Commonwealth Bank (CBA), Macquarie, NAB and Westpac have so far paid a combined $4.7 billion. The remediation programs included in ASIC's update ...

Review of managed investment schemes kicks off

JAMIE WILLIAMSON  |  THURSDAY, 9 MAR 2023
... governance, compliance and risk management frameworks for MIS are appropriate. It will also look at interactions between Commonwealth and State laws when regulating real estate investments by schemes, including in relation to the failure of the Sterling ...

Women-led super funds outperform over medium, long run

JAMIE WILLIAMSON  |  TUESDAY, 7 MAR 2023
... held in their top 50 stocks was 31% for the women-led products vs 27% for the other MySuper products." BHP, CSL, Commonwealth Bank, NAB and Transurban Group are the most favoured local stocks among women-led funds, while the favourites for the male-led ...

Corporate fund transfers members to ART

JAMIE WILLIAMSON  |  TUESDAY, 7 MAR 2023
... ART announced it had signed a Memorandum of Understanding to merge with AvSuper, after the latter's plans with Commonwealth Superannuation Corporation fell through. Just days later, it was announced that it was also exploring a merger with Commonwealth ...

ASIC charges former investment company executives

ANDREW MCKEAN  |  MONDAY, 6 MAR 2023
... June 2019. A new board was appointed, and trading in Benjamin Hornigold's shares resumed on 25 June 2020. The Commonwealth Director of Public Prosecutions is handling the prosecution of Benjamin Hornigold's former executives after ASIC's ...

Super on PPL a drop in the ocean

CASSANDRA BALDINI  |  THURSDAY, 2 MAR 2023
The cost to pay superannuation contributions on Commonwealth Paid Parental Leave (PPL) has been estimated to be about $200 million per year. The government's objective of superannuation and the accompanying discussion paper that fails to mention ...