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Showing 1181 - 1190 of 5394 results for "Federal"

Liberal senator slams super

ELIZA BAVIN  |  FRIDAY, 28 AUG 2020
A Liberal senator launched an attack against the superannuation industry, accusing the federal opposition of being communists and bowing to industry funds. A war of words broke out in the upper house yesterday when Liberals, who have been working for ...

Chief economist update: Fed heads for the mountain

BENJAMIN ONG  |  FRIDAY, 28 AUG 2020
... this year due to the pandemic - produced another significant shift in US monetary policy. On August 27 at the Hole, US Federal Reserve chair virtually buried the Philips Curve - the inverse correlation between inflation and the unemployment rate - by ...

ASIC drops CBA investigation

ALLY SELBY  |  THURSDAY, 27 AUG 2020
... 100 allegations just three months later, with CBA denying the majority of the fresh allegations in a submission to the Federal Court. In June 2018, the Commonwealth bank settled the civil proceedings brought against it by AUSTRAC for $700 million, as ...

Chief economist update: Gone fishing

BENJAMIN ONG  |  MONDAY, 24 AUG 2020
... create jobs, and the state governments have an important role there, and I think, over time, they can do more. But the federal government may be able to do more as well. We may need all shoulders to the wheel." Sure, there's no better time to borrow. ...

ASIC takes action against RI Advice

ELIZABETH MCARTHUR  |  FRIDAY, 21 AUG 2020
ASIC has commenced proceedings in the Federal Court against RI Advice for failing to have adequate cyber security systems. ASIC said its action is in response to a number of alleged cyber security breaches through authorised representatives of RI Advice. ...

ASIC takes action against BTFM, Asgard, StatePlus

JAMIE WILLIAMSON  |  THURSDAY, 20 AUG 2020
ASIC has commenced Federal Court proceedings against BT Funds Management and Asgard over fee-for-no-service conduct and making misleading representations in relation to the fees. It has also launched a similar case against StatePlus. ASIC alleges that ...

Chief economist update: Worse news is better news

BENJAMIN ONG  |  THURSDAY, 20 AUG 2020
... "Substantial fiscal policy measures-both enacted and anticipated-along with appreciable support from monetary policy and the Federal Reserve's liquidity and lending facilities were expected to continue bolstering the economic recovery, although a ...

Tax fraud goes from paradise to prison

ANNABELLE DICKSON  |  TUESDAY, 18 AUG 2020
... years to avoid arrest has been jailed for six years following a 19-year joint investigation by the ATO and Australian Federal Police. Philip Northam was sentenced in the District Court of Queensland due to his involvement in an intricate tax evasion ...

Mayfair 101 in damage control

ELIZABETH MCARTHUR  |  MONDAY, 17 AUG 2020
... Mawhinney may attempt to flee the country and at Vasco Trustees over its handling of the IPO Wealth Fund. ASIC asked the Federal Court last week to freeze some Mayfair 101 assets and expressed concerns Mawhinney may be a flight risk. These details emerged ...

ASIC winds up illegal land banking scheme

ALLY SELBY  |  MONDAY, 17 AUG 2020
The Federal Court has made orders to wind up an investment group which swindled 270 investors of more than $10 million in an illegal unregistered land banking scheme. ASIC will wind up Askk Investment Group following an extensive investigation. The ...