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Showing 111 - 120 of 6140 results for "Money"

Mulino looks to reform CSLR

ELIZA BAVIN | THURSDAY, 11 DEC 2025

... said the CSLR was created to compensate victims of financial misconduct as a last resort after all other options to recover money had been exhausted, with a key design principle being that parts of the financial services system from which the consumer ...

HESTA's admin move results in extra licence conditions

JAMIE WILLIAMSON | THURSDAY, 11 DEC 2025

... week of June and certain transactions being completed thereafter. During that time, many members could not access their money, account details and other services. APRA said this resulted in "direct harm to members", saying it has identified "deficiencies ...

ASIC class relief for digital assets now effective

MATTHEW WAI | WEDNESDAY, 10 DEC 2025

... Instrument currently limits omnibus accounts to a deposit taking facility of a body carrying on a business of accepting money on deposit including rights under that facility, securities, and derivatives, it said. The updated instrument, however, clarifies ...

RBA opts to keep cash rate on hold

ANGELIQUE MINAS | WEDNESDAY, 10 DEC 2025

... interest rate reductions are yet to reach their full potential in terms of impact on demand, prices and wages. Although, money market interest rates and government bond yields have risen recently, it said. The RBA acknowledged labour market conditions ...

Diversa to 'vigorously defend' ASIC allegations

KARREN VERGARA | WEDNESDAY, 10 DEC 2025

... said it will be "vigorously defending" ASIC's allegations about the role it played in moving $300 million of member money to the failed First Guardian Master Fund, arguing the managed investment scheme was "fraudulent." ASIC has thrown a slew of ...

ASIC sues Diversa for First Guardian failures

KARREN VERGARA | TUESDAY, 9 DEC 2025

... is suing Diversa Trustees for its role in the collapse of the First Guardian Master Fund, in which $300 million of member money was invested. In the Federal Court, ASIC put forth several allegations, starting with Diversa failing to conduct adequate ...

'Unretiring' a global trend: T. Rowe Price

ELIZA BAVIN | MONDAY, 8 DEC 2025

... concern (42%), as well as geopolitical events (30%) and interest rates (27%). Additionally, 17% believe they will run out of money in retirement and only 27% are confident they could withstand a major financial shock while retired. "Research is at the ...

T. Rowe Price appoints head of institutional distribution

ANGELIQUE MINAS | WEDNESDAY, 3 DEC 2025

... and has served as head of consultant relations for Asia Pacific since January 2025. Prior, she was an adviser at Grow My Money (previously Super Rewards) until 2023 and had an almost two-year tenure at Allianz Retire+ as head of consultants and research. ...

ASIC accuses ALAMMC Group directors of contempt

MATTHEW WAI | FRIDAY, 28 NOV 2025

... interests he held in two racehorses, a crypto account, and other bank accounts, and diverting $39,304 in racehorse prize money to an undisclosed account belonging to his son. He also reportedly sold a 5% stake in the racehorse for $35,000. The companies ...

FEATURE | Agriculture: Golden soil

KARREN VERGARA | FRIDAY, 28 NOV 2025

... red meat," he recently told the AgriCoach podcast. In economic theory, Bennett's Law states that as people earn more money, become less poor and move into the middle class, they tend to move away from starchy foods such as sorghum, millet, cereals ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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