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Showing 1021 - 1030 of 5155 results for "Rest"

NAB posts bumper profit

ANNABELLE DICKSON  |  TUESDAY, 9 NOV 2021
National Australia Bank recorded a 76.85% increase in cash earnings to $6.56 billion in its full-year results and outlined a new oil and gas policy. The big four bank also report a statutory net profit of $6.36 billion, up from $2.50 billion in 2020. ...

ASIC shuts down unlicensed investment scheme

KARREN VERGARA  |  THURSDAY, 4 NOV 2021
An unlicensed financial services firm that allegedly misappropriated $5.7 million from self-managed superannuation fund members is in the process of being shut down by ASIC. ASIC obtained interim orders and injunctions from the Queensland Federal Court ...

Economic recap: Week to October 29

BENJAMIN ONG  |  MONDAY, 1 NOV 2021
... Australia's 0.6% and 0.006%, respectively. These compare with the United States' 13.9% and 0.23%, respectively. While, like the rest of the world, it didn't escape the recession wrought by the pandemic, it's one of the very few advanced ...

Super fund documents unreadable: Study

JAMIE WILLIAMSON  |  FRIDAY, 29 OCT 2021
... be clear to members with a post-graduate tertiary education but is not easy to read for most people". On average, QSuper, Rest and Cbus had the best scores for grade level. Turning to sentence length, Ethos CRS considers a sentence with between 15 and ...

Financial services feels talent crunch

ELIZABETH MCARTHUR  |  THURSDAY, 28 OCT 2021
... effect with candidates generally in multiple concurrent interview processes. We foresee this trend continuing through the rest of 2021 and into 2022." Kaizen also noted an uptick in hiring for business development roles, communications specialists, risk ...

SCA slams five super funds' junk insurance

KARREN VERGARA  |  THURSDAY, 28 OCT 2021
Super Consumers Australia is calling out several superannuation funds for maintaining junk insurance that embed restrictive disability tests. NGS Super, AMP, TelstraSuper, Prime Super and Spirit Super carry the most restrictive insurance policies compared ...

Westpac director stands down

ANNABELLE DICKSON  |  WEDNESDAY, 27 OCT 2021
A non-executive director at the big four bank has resigned from the board to focus on his health. Steven Harker joined the Westpac board in 2019 and was a member of the audit, board legal, regulatory and compliance and remuneration committees. "The ...

Taxpayer Bill of Rights recommended

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 OCT 2021
The House of Representatives Standing Committee on Tax and Revenue has recommended that the Australian Tax Office develop a Bill of Rights for taxpayers. The committee made 19 recommendations in response to the Commissioner of Taxation's Annual ...

Super executives switching options in conflict: ASIC

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 OCT 2021
ASIC has released the results of surveillance into investment switching by super fund executives during market volatility at the start of the pandemic, finding possible conflicts of interest. ASIC looked at a sample of 23 trustees (including trustees ...

BT identifies Panorama outage cause

ELIZABETH MCARTHUR  |  MONDAY, 25 OCT 2021
BT has identified the cause of its $147 billion platform being down for a week, with new chief executive Matt Rady making assurances for the future. Disruption to BT Panorama started on Monday, August 2 and full service was not restored until Sunday ...