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Showing 91 - 100 of 2168 results for %22Order of Australia%22

Cheques to wind down by 2030: Chalmers

CASSANDRA BALDINI  |  THURSDAY, 8 JUN 2023
Archaic payment systems could soon be a thing of the past following government plans to wind down outdated methods like cheques. Treasurer Jim Chalmers handed down a five-point strategic plan yesterday in front of the Australian Banking Association ...

Italian private credit fund brings unique offering down under

CHLOE WALKER  |  TUESDAY, 30 MAY 2023
... markets are bracing for a potential recession coupled with high inflation rates," Oricchio told Financial Standard. "In order to reduce both risks, MLoan's investment focus is on floating rate, which aims to benefit from the current rising rates ...

MA Financial establishes Singapore office

CHLOE WALKER  |  FRIDAY, 26 MAY 2023
... reasons for this, including that the region can be challenging for newcomers from a regulatory and cultural point of view. "In order to be successful in the Asian market, you need boots on the ground, because these investors are very much relationship ...

AFCA outlines systemic issues in wealth management

ANDREW MCKEAN  |  TUESDAY, 23 MAY 2023
The Australian Financial Complaints Authority (AFCA) has shed light on what it considers systemic shortcomings in the superannuation, investment, and financial advice industries. The AFCA Systemic Issues Insights report identified multiple instances ...

APRA finalises rules for financial crisis readiness

ANDREW MCKEAN  |  FRIDAY, 19 MAY 2023
Finalising new prudential standards, APRA is aiming to bolster banks, insurers, and superannuation trustees' resilience against future financial crises. APRA hopes the new standards will equip these financial entities with strategies to counteract threats ...

BlackRock orders staff four days in office

KARREN VERGARA  |  FRIDAY, 19 MAY 2023
... global fund manager is mandating all employees to return to the office for four days from September this year. BlackRock Australia confirmed reports that the new policy affects all 19,000 staff members living in more than 30 countries. BlackRock began ...

AMP fined $24m for charging deceased customers

KARREN VERGARA  |  FRIDAY, 19 MAY 2023
The Federal Court found AMP guilty of charging deceased customers life insurance premiums and advice fees, ordering it to pay $24 million in penalties. Justice Hespe today determined that four AMP subsidiaries - AMP Life, AMP Financial Planning, AMP ...

HCF Life under ASIC surveillance

CASSANDRA BALDINI  |  FRIDAY, 12 MAY 2023
... people falsely claiming when they have a known medical issue," it added. With the growing underinsurance challenges in Australia, HCF Life said it feels it is in the best interests of consumers to have direct access to affordable life insurance products ...

Class action commenced against IG Markets

JAMIE WILLIAMSON  |  THURSDAY, 11 MAY 2023
... March and April 2020, more than $774 million was lost trading CFDs, ASIC found. The regulator imposed a product intervention order on the issue and distribution of CFDs in March 2021. In the first three months of the order, ASIC reported average net ...

Funding boosts ASIC greenwashing remit

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
... companies, investors, and communities to facilitate economic development and diversification and help smooth the changes as Australia moves to a clean energy economy, he said. "The Authority will also ensure workers are supported as they transition to ...