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Showing 1 - 10 of 5235 results for %22July for%22

ASIC wins greenwashing case against Vanguard

JAMIE WILLIAMSON  |  THURSDAY, 28 MAR 2024
... the courtroom on August 1 at which time the appropriate penalty will be determined. The case was first brought by ASIC in July 2023. At the time, Vanguard said it had self-identified and self-reported the issue. This marks the first win for ASIC in a ...

Calls for fresh 5% hike to minimum wage

ELIZA BAVIN  |  TUESDAY, 26 MAR 2024
... governments before setting minimum and award wages for about 2.9 million, or one in four workers, which comes into effect on 1 July 2024. Last year the ACTU sought a 7% increase to the minimum wage, however the Fair Work Commission Annual Wage Review ...

ANZ to pay $57.5m to settle class action

ELIZA BAVIN  |  MONDAY, 25 MAR 2024
... in 2021. The class action related to certain interest charged on specific ANZ personal credit cards in the period from 1 July 2010 to 1 January 2019. As part of the settlement, ANZ will pay $57.5 million, which is covered by a provision held at 30 September ...

Inaugural CSLR levy slugs advisers $18.5m

KARREN VERGARA  |  TUESDAY, 19 MAR 2024
... the CSLR takes effect, to June 30. In the second round, advisers will foot the bill of $18.5 million to cover the period of July 1 to 30 June 2025. Financial Advice Association Australia chief executive Sarah Abood slammed the new levy, calculating that ...

Interest rate cut may not come until 2025, experts warn

ELIZA BAVIN  |  TUESDAY, 19 MAR 2024
... September. "The Reserve Bank Board will want to consider the impact of a third round of tax cuts that will take effect in July. While the cuts won't derail inflation's retreat, they will delay it," Cruise said. When asked if the US Federal Reserve ...

Mayfair 101 regains control of assets, liquidators abandon claims

JAMIE WILLIAMSON  |  MONDAY, 18 MAR 2024
... reached between Mayfair 101, James Mawhinney and the liquidators of IPO Wealth Holdings have been released to the public. In July 2022, Mayfair 101, its managing director James Mawhinney, and the liquidators appointed to IPO Wealth reached a settlement ...

Government dawdling on paid parental leave super: Greens

ANDREW MCKEAN  |  MONDAY, 18 MAR 2024
... will propose changes to the government's Paid Parental Leave Bill (PPL) to ensure that superannuation is paid on PPL from July 1 this year. Earlier this month, the government announced that the PPL scheme will include superannuation guarantee contributions ...

Australian Retirement Trust announces new investment strategy and options

ELIZA BAVIN  |  FRIDAY, 15 MAR 2024
... have higher returns over the long term for members of all ages. "Streamlining our investment menu also means that from 1 July 2024, our competitive Growth investment option, that we're renaming High Growth, will be open to all members. This option delivered ...

AFCA secures $40m in refunds

ELIZA BAVIN  |  THURSDAY, 14 MAR 2024
... Complaints Authority (AFCA) said it helped secure more than $40 million in refunds for hundreds of thousands of consumers between July and December 2023. AFCAs Systemic Issues Insights Report revealed the 139,011 consumers received their share of $40 ...

HESTA names head of investment execution

KARREN VERGARA  |  WEDNESDAY, 13 MAR 2024
... experience includes working at BNY Mellon and Deloitte. The role was previously held by Gerard Brown, who was appointed in July 2019, and finished up at the super fund in 2023. HESTA chief executive Debby Blakey said: "Sophie's extensive experience ...
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