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Showing 51 - 60 of 214 results for %22National Credit Act%22

New AFCA remit not enough: Law firm

KANIKA SOOD  |  MONDAY, 17 JUN 2019
... think this matter needs to be raised with politicians by aggrieved farmers and on their behalf by bodies such as the National Farmers Federation (NFF) to ensure this unfair and unjust gap is closed. We have notified the NFF of this issue of concern." ...

Fintech no real threat: Researcher

ELIZABETH MCARTHUR  |  TUESDAY, 21 MAY 2019
... fact that although these services are similar to traditional personal finance in concept, they are not subject to ASIC's National Consumer Credit Protection Act. This has helped these businesses grow rapidly, Moody's said. Loans to small businesses have ...

NAB remediation bill hits $1.1bn

JAMIE WILLIAMSON  |  THURSDAY, 18 APR 2019
National Australia Bank has set aside an additional $525 million for customer remediation, more than 90% of which is in relation to its wealth operations. The total owing is now estimated at more than $1.1 billion. Announced today, the $525 million ...

ASIC outlines enforcement efforts

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 APR 2019
... financial product clearly covered under the Corporations Act. Court settlements were ordered against Commonwealth Bank, National Australia Bank and ANZ on similar matters. Total civil penalties against these banks came to $25 million. Total community ...

Melbourne boutique hires portfolio manager

KANIKA SOOD  |  WEDNESDAY, 27 MAR 2019
... diversity of views." The boutique's initial strategy has focused on high-grade sovereign bonds backed by governments with a credit rating of AA or AAA in Australian dollars. The allocations are tilted towards Australian government bonds, state bonds ...

Jamieson Coote Bonds introduces global fund

DARREN SNYDER  |  WEDNESDAY, 13 MAR 2019
... data in the US starting to tick up aggressively off 50-year lows," he said. "This is a result of the lag effect of the credit market. When the Federal Reserve hiked interest rates in the start of June 2004, they hiked 425 basis points and finished in ...

SMSFA recognises member achievements

HARRISON WORLEY  |  MONDAY, 25 FEB 2019
... Self-Managed Super Fund Association recognised several distinguished participants in the SMSF community on the final day of its national conference. SuperConcepts' executive manager of SMSF technical services Mark Ellem picked up the SMSFA CEO Award ...

Royal Commission and its one canoe message is on point

HARRISON WORLEY  |  MONDAY, 25 FEB 2019
... SMSF advisers is to keep their feet in one canoe. Speaking on the final day of the Self-managed Super Fund Association's national conference in Melbourne, Cooper said Commissioner Kenneth Hayne's "lovely" assertion that intermediaries cannot stand in ...

No one-size-fits-all approach to franking changes

HARRISON WORLEY  |  FRIDAY, 22 FEB 2019
... Labor's proposed franking credit refund policy is enacted. On day two of the Self-managed Super Fund Association's national conference in Melbourne this week, a panel of experts representing some of the world's largest fund managers discussed ...

Super needs a clear objective: Cooper

HARRISON WORLEY  |  THURSDAY, 21 FEB 2019
... of the industry, according to a panel of experts. Opening the second day of the Self-managed Super Fund Association's national conference in Melbourne this morning, the panel - which included SMSFA chair Deborah Ralston and BT Financial Group chief executive ...