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Showing 1051 - 1060 of 14210 results for "Interest"

Court rejects Linchpin director appeal

KARREN VERGARA  |  WEDNESDAY, 25 SEP 2024
The Federal Court rejected former Linchpin Capital director Peter Daly's appeal, which will retain his banning order and force him to pay a fine. Justice Jackman yesterday upheld the judgment delivered in January, which imposed a $150,000 penalty ...

Australians living through protracted period of economic misery: CEDA

ANDREW MCKEAN  |  TUESDAY, 24 SEP 2024
... Development of Australia (CEDA). CEDA's analysis of the "misery index" - which combines inflation, unemployment, and interest rates to gauge economic despair - shows that Australia's economic misery remains elevated post-COVID-19 and is beginning to ...

ART, Perennial back debt collection fintech

MATTHEW WAI  |  TUESDAY, 24 SEP 2024
... deliver on its M&A strategy, and further develop the company's products and solutions." The injection reflects strong interest in global companies looking for a differentiated solution in debt collection, InDebted founder and chief executive Josh Foreman ...

Super for housing debate heats up

ANDREW MCKEAN  |  MONDAY, 23 SEP 2024
... repayment capacity and put upward pressure on house prices, but argued that other factors, such as real wages growth, falling interest rates, and increased productivity also drive prices up. "It would be bizarre to argue against any of these on the basis ...

Calls for independent oversight on mortgage stress

ELIZA BAVIN  |  MONDAY, 23 SEP 2024
... economist Diana Mousina said the 425 basis point increase in the case rate over 2022 to 2023 has been the largest increase to interest rates in Australia since the late 1980s. "Mortgage delinquencies are likely to rise a little further from here but ...

Macquarie cops US$80m from SEC

KARREN VERGARA  |  FRIDAY, 20 SEP 2024
... to a censure, to cease and desist from further violations, and pay the civil penalty of US$70 million and prejudgment interest of US$9.8 million. MIMBT also agreed to undertakings, such as retaining a compliance consultant to conduct a review of its ...

Fed cut will not move the dial for RBA

ELIZA BAVIN  |  FRIDAY, 20 SEP 2024
The US Federal Reserve delivered its first interest rate cut in four years, reducing the official cash rate by 50 basis points, but experts say the Reserve Bank of Australia (RBA) is still not in a position to do the same. Yesterday's official unemployment ...

Federal Reserve kicks off easing cycle

JAMIE WILLIAMSON  |  THURSDAY, 19 SEP 2024
The Federal Reserve elected to cut interest rates by 50 basis points overnight, its first reduction in four years. The US central bank decided to lower the target range for the federal funds rate by half a percentage point to 4.75-5%, surprising many ...

ASIC sees case against Rest thrown out

ANDREW MCKEAN  |  THURSDAY, 19 SEP 2024
... partner Mark Bland told Financial Standard the interesting part of the case comes down to what constitutes a member's interest in the fund. While this particular case involved determined members (those with workplace agreements), there are questions ...

Super to be paid on parental leave from July 2025

JAMIE WILLIAMSON  |  THURSDAY, 19 SEP 2024
... government from 1 July 2025, at which time the SG rate will have increased to 12%. Those SG contributions will have a nominal interest rate amount applied to them and will then be paid to their nominated superannuation fund the following year and taxed ...