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Showing 1091 - 1100 of 5394 results for "Federal"

Mayfair 101 heads to mediation

ELIZABETH MCARTHUR  |  FRIDAY, 11 DEC 2020
In what seems to be a win for the embattled business, the federal court has consented to Mayfair 101's request that a mediation be ordered in proceedings brought by ASIC. "Today's court outcome is a big win for our investors. This matter should have ...

US regulator, states sue Facebook

JAMIE WILLIAMSON  |  THURSDAY, 10 DEC 2020
Facebook appears unfazed by antitrust lawsuits filed by 46 US states and the Federal Trade Commission seeking to force the social media giant to divest key assets, labelling the actions 'revisionist history'. The FTC and 48 Attorneys General ...

Damning Rio report to shake mining industry

ELIZABETH MCARTHUR  |  THURSDAY, 10 DEC 2020
... Standing Committee on Northern Australia titled 'Never Again' found that the PKKP were let down by Rio Tinto, the Australian federal government, the Western Australian government, their own legal representation and native title law. "Rio Tinto's role ...

Director charged with dishonest conduct

ANNABELLE DICKSON  |  FRIDAY, 4 DEC 2020
... benefit by using funds invested with the company to purchase shares for himself in a security company. In October, the Federal Court ordered the winding up of Secure Investments and Aquila Group after Naseeruddin breached the Corporations Act by operating ...

Chief economist update: China keeps on going and going

BENJAMIN ONG  |  FRIDAY, 4 DEC 2020
... soared to seven-year highs, with positive implications for Australia's export earnings and the fiscal budget. The Federal Treasury's latest Budget Papers assumed ore prices at US$55/tonne. So far this year, it's averaged more than US$100/tonne. ...

AAT refuses Allegra AFSL

ANNABELLE DICKSON  |  THURSDAY, 3 DEC 2020
... a critical aspect of ASIC's licensing assessment," Press said. Allegra has 28 days to appeal the AAT's decision to the Federal Court of Australia on a question of law.

We've done our part, now it's your turn: Lowe

ELIZA BAVIN  |  THURSDAY, 3 DEC 2020
... forced to remind the Standing Committee on Economics that the RBA is not solely responsible for economic recovery and the federal government also needs to pitch in. Lowe explained that while the economy is recovering better than initially expected, the ...

QSuper bets on new retirement product

KARREN VERGARA  |  TUESDAY, 1 DEC 2020
... funds under management. Many industry stakeholders are calling for simple regulated products akin to MySuper products. The federal government is aiming to create a framework for Comprehensive Income Products for Retirement (CIPRs). Such products will ...

CBA in court for overcharging interest

ELIZABETH MCARTHUR  |  TUESDAY, 1 DEC 2020
... Commonwealth Bank (CBA) for overcharged interest to thousands of customers, as revealed during the Royal Commission. In the Federal Court, ASIC will allege that CBA charged a rate of interest on business overdraft accounts substantially higher than what ...

Government backs disciplinary body in principle

KARREN VERGARA  |  MONDAY, 30 NOV 2020
The federal government said it supports the establishment of the new single disciplinary system for financial advisers providing tax advice "in principle" in response to the independent review of the Tax Practitioners Board. In announcing its support ...