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Budget 2024: The Budget by numbers
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The Albanese government is investing $2.2 billion to reform the aged care sector and close to $500 million to put the NDIS back on track.
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Robert De Dominicis
CHIEF EXECUTIVE OFFICER
GBST HOLDINGS LIMITED
GBST HOLDINGS LIMITED
It was during a family sojourn to the seaside town of Pescara, Italy, Rob DeDominicis first laid eyes on what would become the harbinger of his future. Andrew McKean writes.
How long have these ads been running? 5 or 6 years? It's only taken ASIC this long to realise that they could possibly be "misleading to consumers"? Regulator asleep at the wheel again, or were the bureaucrats just adhering to Labor's superannuation agenda? The headline "ASIC EXPRESSES CONCERN THAT INDUSTRY FUND ADS WERE MISLEADING TO CONSUMERS", should be plastered across the front page of every newspaper.
Now that the commission thing is dead ISA will have to find something else to hang their hat on. Service perhaps? But hey, that might cost a lot more to do, as well as their competitors. I bet the comparative ads stop if/when new cheaper competitor products outperform industry funds, eg, notice how they used to bang on about Master Trusts but now it's Retail Funds.