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| | | ... begin stepping back from historically low interest rates, though economist Saul Eslake predicts: "The RBA will be a laggard, not a leader." Eslake says it's difficult to pinpoint exactly how these consequences will manifest, but there will almost certainly ... |
| | | | ... and are highly speculative investments. IOSCO, seen as the global standard setter for securities regulation, said ICOs are not standardised and their legal and regulatory status depends on circumstances of the individual offering. "While some operators ... |
| | | | ... coin offerings (ICOs). Described as an actively managed crypto fund, Apollo Capital offers "institutional level oversight, not often seen in the fast developing crypto market." The fund's investment strategy is driven by Dominet Venture Partners founder ... |
| | | | ASIC accepted an enforceable undertaking from a Queensland financial adviser for not meeting his life insurance replacement advice obligations. ASIC found Duane Wright, owner of Brisbane-based First National Home Loans and Insurance, breached obligations ... |
| | | | ... the Australian Bankers' Association to review its consumer protection reforms, Ian McPhee, voiced his disappointment that not all participating banks have published their "overarching principles on remuneration and incentives." While McPhee was overall ... |
| | | | ... to make sure they understand what super is, how it works and how they can easily grow their balance over the long term with not a lot of effort on their part," he said. "With more schools incorporating financial literacy into their curriculum, and plenty ... |
| | | | ... valuations regarding corporate transactions such as takeover bids and corporate restructures. Following surveillance, ASIC was not satisfied that HLB Mann Judd had met its obligations as an AFS licencee; or complied with RG111 which outlines the content ... |
| | | | ... bank account. ASIC said Alafaci, an authorised representative of Centra Wealth between 2 July 2014 and 11 January 2016, was not of good fame or character. The investigation determined Alafaci acted in his own self-interest and engaged in conduct at the ... |
| | | | ... on a rate cutting spree that took interest rates to where they are today - 1.5%. The good news is that the RBA has learnt not to jump the gun as evidenced by Westpac's other statistical comparison, "this is the best monthly index read since late 2013". ... |
| | | | The growth in Australia's high-net-worth sector is outpacing superannuation on two key fronts, according to Rainmaker research. First, the growth in high-net-worth individuals (HNWIs) increased by 7% per annum between 2011 and 2016, which is six times ... |
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