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Showing 1131 - 1140 of 28224 results for "NOT"

NAB fined over $15m for delaying hardship applications

MATTHEW WAI  |  THURSDAY, 14 AUG 2025
The Federal Court has ordered National Australia Bank (NAB) and its subsidiary ASFH Nominees to pay a pecuniary penalty of $15.5 million for failing to respond to customers facing hardship. The court found that between 2018 and 2023, NAB and ASFH failed ...

High-risk super options pay off: Morningstar

ELIZA BAVIN  |  THURSDAY, 14 AUG 2025
... sustainable super options remains a fraction of the $157.3 billion directed toward non-sustainable peers. "This divergence reflects not only broader market caution but also the cyclicality of thematic investing," the report said. In the sustainable strategies ...

ASIC to review RG97 to boost property supply

JAMIE WILLIAMSON  |  WEDNESDAY, 13 AUG 2025
... $10 billion for up to 35,000 new homes over the next five years. It has argued that stamp duty should still be reported, but not as a fee. Rather, it should be disclosed separately "as the unavoidable tax it is." Property Council of Australia chief executive ...

Account number issue causes angst, undue admin work: FAAA

KARREN VERGARA  |  WEDNESDAY, 13 AUG 2025
... fee to be deducted from a product account. "The goal was to simplify this regime and to streamline it. In practice, that has not been achieved and we now have duplication of forms and confusion. The legislative complications, such as the need to include ...

RBA cuts rates, experts debate next moves

ELIZA BAVIN  |  WEDNESDAY, 13 AUG 2025
... cash rate in line with current market expectations," Bassanese said. "That said, barring a major growth scare, the RBA does not seem in any rush to cut interest rates. While there are risks to both the global and local economy, these seem relatively ...

PC suggests removing excessive entry requirements for advisers

ELIZA BAVIN  |  WEDNESDAY, 13 AUG 2025
... entities such as listed companies or multinational enterprises," Freeland said. "However, the current entry requirements do not adequately differentiate between various audit risks, leading to unnecessary barriers and costs for lower-risk audit engagements. ...

CBA sets aside $52m for remediation

ELIZA BAVIN  |  WEDNESDAY, 13 AUG 2025
... Assurance Society (CMLA) with AIA Australia joining as the third respondent in April 2021. The class action alleges that CFSIL did not act in the best interests of members and breached its trustee duties when taking out group insurance policies obtained ...

Some Australians being taxed more on super than pay: SMC

ELIZA BAVIN  |  TUESDAY, 12 AUG 2025
New research by Super Members Council (SMC) found those on the lowest wealth rungs are not benefitting from super as those further up the ladder. SMC said this was due to less paid work due to disability, health or caring responsibilities; higher costs ...

Norway sovereign wealth fund divests 11 Israeli companies, cuts mandates

KARREN VERGARA  |  TUESDAY, 12 AUG 2025
... fund's investments in Israel will now be limited to companies that are in the equity benchmark index. However, we will not be invested in all Israeli companies in the index," NBIM said. "We have spent the recent days selling all our investments in ...

IFM Investors enters student accommodation arena

JAMIE WILLIAMSON  |  TUESDAY, 12 AUG 2025
IFM Investors is dipping its toes into the student accommodation sector, acquiring assets at Curtin University from InfraRed Capital Partners. Marking its entry, IFM will acquire the Curtin University Student Accommodation project via Infranexus, its ...