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Showing 1071 - 1080 of 5394 results for "Federal"

Key finance figures in Biden Cabinet

ELIZA BAVIN  |  TUESDAY, 19 JAN 2021
... notable in the economics world is Janet Yellen, whom Biden has nominated to lead the US Treasury. Yellen is the former US Federal Reserve governor. She was also the chair of the White House Council of Economic Advisers during the Clinton administration. ...

Crackdown on ERS scams continues

ELIZA BAVIN  |  MONDAY, 18 JAN 2021
The Australian Taxation Office (ATO) has confirmed it is still working with the Australian Federal Police (AFP) to crack down on early release of super scams which cost Australians over $6 million. Combined, the value of scams rose 23% in 2020, with ...

Chief economist update: China on my mind

BENJAMIN ONG  |  THURSDAY, 14 JAN 2021
... greater knowledge about its transmission (and the availability of the vaccine) and Australian's wide acceptance of federal and state laws implemented to control any outbreak. Just imagine all those savings being put to use to satisfy pent-up demand. ...

Legacy pensions score win

KARREN VERGARA  |  WEDNESDAY, 13 JAN 2021
... Association has welcomed a new law that will allow the partial commutation of legacy pensions. The change was announced in the federal government's mid-year economic and fiscal outlook (MYEFO), which was released last December. Retirees with legacy products ...

ASIC cancels stockbroker AFSL

ANNABELLE DICKSON  |  WEDNESDAY, 13 JAN 2021
... Halifax into liquidation and the administrators were appointed as liquidators. According to KPMG, a joint hearing of the Federal Court of Australia and the High Court of New Zealand in respect to the distribution of client funds wrapped up on December ...

AustralianSuper breached member's privacy: Regulator

KANIKA SOOD  |  TUESDAY, 12 JAN 2021
The $180 billion superannuation fund has been ordered to audit certain procedures, after a member's complaint to a federal regulator found the fund interfered with their privacy. The Office of the Australian Information Commissioner (OAIC) on December ...

Schroders adds to private debt team

ELIZA BAVIN  |  TUESDAY, 12 JAN 2021
... Australia Nicole Kidd in the newly created role from 13 January 2021. Most recently Hallam was the executive director of the federal government's Northern Australian Infrastructure Facility (NAIF), where he was responsible for the origination and execution ...

Super funds back COVID-19 preventative drug

KARREN VERGARA  |  THURSDAY, 7 JAN 2021
... Research Commercialisation Fund (MCRF), which is managed by Brandon Capital and other investment partners that includes federal government support via MCRF and superannuation funds. The preventative nasal treatment may be used in conjunction with approved ...

ASIC takes fintech to court

KARREN VERGARA  |  WEDNESDAY, 6 JAN 2021
... property in self-managed superannuation funds. Squirrel Superannuation Services, an SMSF platform provider, faced the Federal Court on 23 December 2020 for allegedly marketing misleading information between January 2015 and July 2018. In the brochure ...

Prioritise underperformance over stapling: AIST

KARREN VERGARA  |  WEDNESDAY, 6 JAN 2021
... existing members stuck in dud funds will be worse off. In its submission to the draft legislation, AIST is urging the federal government to reconsider its approach. The issue of underperformance in the super system must be addressed before stapling ...