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Showing 1011 - 1020 of 4381 results for "Commonwealth"

Australian fund caught in email scandal

ELIZABETH MCARTHUR  |  FRIDAY, 12 APR 2019
... classifications or mark official documents for limited dissemination. As well as the security issue, deletion of Commonwealth government records from these accounts may have contravened the record keeping requirements of the Archives Act 1983. The Auditor ...

CBA, ASIC move to resolve AFSL conditions

KANIKA SOOD  |  WEDNESDAY, 10 APR 2019
ASIC has released the final compliance report on the conditions it placed on Commonwealth Financial Planning and Financial Wisdom in 2014. Commonwealth Bank has paid a further $2.3 million to 232 clients advised by five of its advisers, according to ...

ASIC outlines enforcement efforts

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 APR 2019
... rate is not a 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 ...

AMP announces board changes

ELIZABETH MCARTHUR  |  MONDAY, 8 APR 2019
... brings 30 years' experience in global financial services as the former chief executive of Mizuho Bank in Australia and Commonwealth Bank in Japan. She is also a non-executive director for the Treasury Corporation of Victoria, Persol Australia Holdings ...

Ageing population poses budget threat

ELIZABETH MCARTHUR  |  THURSDAY, 4 APR 2019
... greater than the projected cost in that same year for any one of Medicare, the National Disability Insurance Scheme, Commonwealth funding for schools and hospitals, Family Tax Benefit or the Disability Support Pension - all of which are amongst the top ...

Wealth heavyweights join FSC board

HARRISON WORLEY  |  THURSDAY, 4 APR 2019
... executive, wealth management Alex Wade, Challenger chief financial officer Andrew Tobin and Jason Yetton - who is leading Commonwealth Bank's wealth demerger - have joined the FSC's board. Meanwhile, Australian Unity wealth chief executive, group chief ...

Northern Trust eyes super fund trading desks

KANIKA SOOD  |  WEDNESDAY, 3 APR 2019
... More business could flow from Northern Trust's custody clients, which include the $147 billion Future Fund, QIC Commonwealth Superannuation Scheme, Crestone Wealth Management, Mercer, NZ Super and Government Employees Superannuation Board (GESB). ...

Coalition to boost retail access to corporate bonds

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 APR 2019
... bonds issued in the wholesale market, via depository interests. Retail investors are currently able to invest in Commonwealth Government Securities via depository interests." The Financial System Inquiry recommended further simplifying disclosure requirements ...

Record tax receipts, record outlays yet back to surplus

ALEX DUNNIN  |  TUESDAY, 2 APR 2019
Australian Commonwealth Budget receipts are climbing at their fastest rate in 18 years and outlays are climbing at their fastest rate in five years. Yet, Federal Treasurer Josh Frydenberg has been able to declare Australia's first Budget surplus ...

Australia back in the black

KANIKA SOOD  |  TUESDAY, 2 APR 2019
... 2019-20. Federal Treasurer Josh Frydenberg said the Government will put the surplus towards getting rid of the net Commonwealth debt in the next decade. "Tonight I announce, the Budget is back in the black and Australia is back on track," Frydenberg ...