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Showing 71 - 80 of 5620 results for "Money"

Young women report low financial literacy: NAB

CASSANDRA BALDINI  |  FRIDAY, 24 NOV 2023
... financial hardship. "While NAB customers are broadly in good shape, one in four Australians say they don't have enough money for an emergency. With rising interest rates and increased cost of living, people's financial literacy and understanding ...

Perth Mint enters voluntary enforceable undertaking

CASSANDRA BALDINI  |  THURSDAY, 23 NOV 2023
Perth Mint has entered an enforceable undertaking (EU) with AUSTRAC to improve compliance with Australia's anti-money laundering and counter-terrorism financing (AML/CTF) laws. In August, the financial crimes regulator ordered the appointment of ...

SEC sues Kraken exchange again

CASSANDRA BALDINI  |  WEDNESDAY, 22 NOV 2023
... practices present a range of risks for its customers. As alleged in the SEC complaint, Kraken blends its customers' money with its own, paying operational expenses directly from accounts holding customer cash. It also allegedly mixes its customers' ...

MA Financial issues first RMBS

CHLOE WALKER  |  TUESDAY, 21 NOV 2023
MA Financial's lending business, MA Money, has completed its inaugural residential mortgage-backed securities (RMBS) issuance, amounting to $500 million. The transaction was initially launched at $400 million but was later increased due to high demand ...

More than $17m paid in CFD-related remediation

JAMIE WILLIAMSON  |  THURSDAY, 9 NOV 2023
... $2.8 million in compensation, it said. Three separate reviews by ASIC over the years all found most retail clients lose money trading CFDs. For example, between March and April 2020, users lost over $774 million based on a sample of 13 CFD issuers. In ...

Aussies value super but remain unprepared: Data

CASSANDRA BALDINI  |  WEDNESDAY, 8 NOV 2023
... financial objectives and plan for their retirement. MLC said 69% of Australians spend time thinking about having enough money for retirement while 70% have a good understanding of how super can help them reach their financial goals. Despite this, research ...

Base rate lifts to 4.35%

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2023
... 14 days to charge variable borrowers higher rates and give customers between two to three months' notice before extra money comes out of their bank account. "This means today's decision won't hit most people's budgets until 2024, giving ...

Future Fund exposed to dangerous Chinese investments: Opposition

ANDREW MCKEAN  |  TUESDAY, 7 NOV 2023
... Canada to relinquish some critical mineral investments, delisted in the US for audit non-compliance, fined for breaching money laundering laws, and penalised for not reporting hazardous products and violating US sanctions. The audit report listed companies ...

Potential reporting relief for trustees: ASIC

CHLOE WALKER  |  TUESDAY, 7 NOV 2023
... regulator is also advancing proposals to enhance transparency in how superannuation funds spend and invest members' money. "It's APRA's aim to publish as much of the data that we collect as possible, especially where there is a strong public ...

BNP Paribas to sharpen efforts down under

CHLOE WALKER  |  TUESDAY, 7 NOV 2023
... managers, their own traders, their own research and strategy. "The super industry is producing some of the largest pools of money that we face as clients anywhere, frankly. It's money that's being managed more internally by the Australian staff ...