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Showing 1031 - 1040 of 5394 results for "Federal"

Foreign exchange brokers banned

ANNABELLE DICKSON  |  THURSDAY, 18 MAR 2021
... employees have been banned from former employees for three to six years. ASIC first initiated civil proceedings in the Federal Court against Forex CT and Yoshai after alleging Forex CT engaged in a system of unconscionable conduct, including the use ...

Chief economist update: The do-nothing Fed

BENJAMIN ONG  |  THURSDAY, 18 MAR 2021
... markets expected - nothing - at their 16-17 March FOMC meeting. "The Committee decided to keep the target range for the federal funds rate at 0 to 1/4 percent... will continue to increase its holdings of Treasury securities by at least $80 billion per ...

Banks still failing customers after Royal Commission

ELIZA BAVIN  |  TUESDAY, 16 MAR 2021
... plate in the wake of the Royal Commission. Additionally, Kirkland said this is occurring as crossbench senators in the federal government are amid deciding on a government proposal to roll back consumer protections. "The banks promised they'd clean up ...

Super for house deposits will push up prices: ASFA

KANIKA SOOD  |  MONDAY, 15 MAR 2021
... said as at September end, FHSSS release requests totalled $44.1 million across 3250 requests. The body is calling for a federal-level independent review of housing affordability in Australia.

Former AMP adviser in enforceable undertaking

ELIZABETH MCARTHUR  |  MONDAY, 15 MAR 2021
... from providing financial services after ASIC found she failed to act in the best interests of clients. On March 11, the Federal Court ordered Thorne - who is based on the Gold Coast - must comply with the enforceable undertaking she first entered in ...

Court makes orders in ASIC versus TAL

KANIKA SOOD  |  WEDNESDAY, 10 MAR 2021
The Federal Court yesterday made orders in ASIC's December 2019 case against TAL, which stems from a Royal Commission case study. The matter relates to a TAL income protection customer, who in January 2014 made a claim on her policy after being ...

QSuper unveils retirement income product

KARREN VERGARA  |  WEDNESDAY, 10 MAR 2021
... has officially launched its new product to meet the increasing demand for guaranteed retirement income well ahead of the federal government's mandate. Lifetime Pension provides tax-free fortnightly payments for members aged between 60 and 80 for ...

Chief economist update: OECD sees stronger growth ahead

BENJAMIN ONG  |  WEDNESDAY, 10 MAR 2021
... and, 0.4 pp upgrade for Japan to 2.7%. Even better, the OECD's Australian growth upgrade comes at a time when the federal government had already started weaning the country off the coronavirus crutch it provided early last year. Waxing happy at the ...

Dover, McMaster hit with $1.4m penalty

KARREN VERGARA  |  FRIDAY, 5 MAR 2021
... Dover Financial Advisers and its founder Terry McMaster have been ordered to pay over $1.4 million in penalties by the Federal Court of Australia. Justice O'Bryan imposed a $1.2 million penalty on the defunct financial advice firm based on 19,402 ...

Clime, Bristow to face court

ELIZABETH MCARTHUR  |  FRIDAY, 5 MAR 2021
... he lost his job after raising ethical concerns with Bristow. According to Golowenko's statement of claim, filed in the Federal Court, at a meeting in 2018 attended by himself, Clime chief financial officer Biju Vikraman, compliance officer Maria Greensill ...