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Showing 1121 - 1130 of 9053 results for "Part 23"

British banker to become RBA deputy governor

CHLOE WALKER  |  TUESDAY, 28 NOV 2023
The Reserve Bank of Australia (RBA) has selected Bank of England (BoE) executive Andrew Hauser as its new deputy governor and as a member of the Reserve Bank board. Hauser is set to begin his five-year term in January, bringing with him over three decades ...

Commonwealth Super Corp selects Challenger for retirement products

CHLOE WALKER  |  TUESDAY, 28 NOV 2023
Commonwealth Superannuation Corporation (CSC) has joined forces with Challenger to launch the next stage of its retirement income strategy in early 2024. The longevity solution was developed by CSC under its RIS program to help meet its customer's ...

Super funds increasing offshore investment, currency hedging lessens: NAB

ANDREW MCKEAN  |  MONDAY, 27 NOV 2023
According to NAB's latest super insights report, funds are increasingly diversifying internationally; offshore investment allocations rose to 47.8% in 2022, up from 46.8% in the previous year. The report, which surveyed 41 funds comprising 85% of ...

New bill to strip treasurer of RBA monetary policy veto powers

ANDREW MCKEAN  |  MONDAY, 27 NOV 2023
The government will introduce a bill to parliament this week that proposes abolishing the treasurer's power to override the Reserve Bank of Australia's (RBA's) monetary policy decisions. Treasurer Jim Chalmers today announced the government's plans ...

New chair named for Future Generation Global

CHLOE WALKER  |  MONDAY, 27 NOV 2023
Former Business Council of Australia leader Jennifer Westacott has been named the new chair of Future Generation Global (FGG). Westacott brings significant experience to the role, having worked as the chief executive of the Business Council of Australia ...

Small-cap shares set to soar: Flinders

CHLOE WALKER  |  FRIDAY, 24 NOV 2023
While fears of a recession and market correction, and runaway inflation have caused small-cap stocks to underperform over the past couple of years, the opportunity for growth has never been greater, according to Flinders Investment Partners (Flinders) ...

Mercer fined $12m over advice failures

JAMIE WILLIAMSON  |  THURSDAY, 23 NOV 2023
Mercer Financial Advice will pay $12 million after the Federal Court found it failed to meet some disclosure obligations and charged almost $5 million in fees to clients when it was not entitled to do so. Mercer admitted that, between July 2016 and ...

ASIC investigates iExtend over possible unlicensed conduct

CHLOE WALKER  |  THURSDAY, 23 NOV 2023
ASIC has accepted a court enforceable undertaking from iExtend Holdings Company (iExtend) after investigating concerns that it was operating without an AFSL. The undertaking also relates to iExi Pty Ltd, which trades as iExtend. Documents show the investigation ...

Quality is worth paying for in 2024: UBS

CHLOE WALKER  |  THURSDAY, 23 NOV 2023
To navigate the year ahead, UBS Global Wealth Management's chief investment office (CIO) team believes investors should look to quality stocks and bonds for positive returns. Outlined in its recent Year Ahead 2024 report, the UBS CIO team said as interest ...

Perth Mint enters voluntary enforceable undertaking

CASSANDRA BALDINI  |  THURSDAY, 23 NOV 2023
Perth Mint has entered an enforceable undertaking (EU) with AUSTRAC to improve compliance with Australia's anti-money laundering and counter-terrorism financing (AML/CTF) laws. In August, the financial crimes regulator ordered the appointment of ...