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Showing 1151 - 1160 of 6175 results for "Statement"

ASIC takes NAB to court

KANIKA SOOD  |  THURSDAY, 25 FEB 2021
... to the tune of $365,454 in total. NAB first identified the mischarging of PP fees in October 2016 when ASIC put out a statement about another bank doing the same. However, NAB took almost 1.5 years to report it to ASIC (on 20 June 2018) and almost 2.5 ...

Link flags PEXA listing

KARREN VERGARA  |  THURSDAY, 25 FEB 2021
Link Group is now exploring the possibility of listing PEXA despite recently flagging there was strong interest from other parties in buying the property settlement platform. Link, together with Morgan Stanley Infrastructure Partners and Commonwealth ...

ATO begins stimulus fraud convictions

ELIZA BAVIN  |  THURSDAY, 25 FEB 2021
... conviction. Raed Saleh was convicted in the Heidelberg Magistrates Court of three counts of making a false and misleading statement to the Commissioner of Taxation. The ATO said Saleh made the false statements to receive $6000 in JobKeeper payments which ...

ASIC zeroes in on bad SMSF advice, conduct

KARREN VERGARA  |  TUESDAY, 23 FEB 2021
... advice on behalf of another person, operating an unregistered managed investment scheme, and making a false or misleading statement.

Macquarie to profit off severe weather

ANNABELLE DICKSON  |  MONDAY, 22 FEB 2021
... delivering power and physical commodities to help them meet the unexpected needs of their customers," Macquarie said in a statement. Macquarie previously announced on February 9 that it expected its FY21 result to be slightly down on the previous year. ...

Chief economist update: Australia's not jobless recovery

BENJAMIN ONG  |  FRIDAY, 19 FEB 2021
... (RBA) provided a more optimistic assessment of and outlook for the domestic labour market. In its February 2021 'Statement on Monetary Policy' (SoMP), the RBA declared that: "The outlook for the labour market has improved as a result of the better ...

AFCA chair under fire

ELIZABETH MCARTHUR  |  THURSDAY, 18 FEB 2021
... Smith said. WA is poised to push ahead with a Royal Commission style probe into the casino company. Crown said in a statement to the ASX that it would fully cooperate with the inquiry. Coonan commented that she hopes Crown can assist in restoring public ...

Continuous disclosure laws to stay

KARREN VERGARA  |  WEDNESDAY, 17 FEB 2021
Treasurer Josh Frydenberg flagged that the temporary disclosure laws for public companies relaxed at the height of the coronavirus crisis will be made permanent. In May 2020, the government announced the temporary measures, modifying provisions under ...

CBA guilty of deceptive conduct

ELIZA BAVIN  |  WEDNESDAY, 17 FEB 2021
The Federal Court has found Commonwealth Bank of Australia made false or misleading statements and engaged in deceptive conduct on over 12,000 occasions. Justice Lee found that CBA breached financial services law 12,119 times when charging a rate of ...

Super scammer permanently banned

ELIZABETH MCARTHUR  |  MONDAY, 15 FEB 2021
... transfer funds from bank accounts holding client funds. ASIC alleged that he directed an employee to construct a back-dated statement of advice in response to an investigation being conducted following a complaint. McSweeny was found unfit to stand trial ...