Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1321 - 1330 of 6147 results for "Money"

Chief economist update: Australian wages slow but still grow

BENJAMIN ONG  |  THURSDAY, 19 NOV 2020
... would have seen negative wages growth otherwise. Continued, albeit slowing growth in wages means that consumers still have money to spend and with the recovery in consumer sentiment, spend they will. The latest Westpac-Melbourne Institute Consumer Sentiment ...

Shipton's tax bill under scrutiny

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 NOV 2020
... believe in the use of corporate consultants, he said if an organisation has the right culture they shouldn't need to spend money on expensive consultants for things like remuneration. Unfortunately, Samuel revealed, he has witnessed several instances ...

ASIC charges BitConnect Australia lead

ELIZA BAVIN  |  WEDNESDAY, 18 NOV 2020
... collapse in early 2018. It is estimated that BitConnect had a market capitalisation of over US$2.5 billion in December 2017; money that had been sourced from mum and dad investors. Bigatton has been charged with one count of operating an unregistered ...

Former adviser pleads guilty to stealing client funds

ELIZA BAVIN  |  WEDNESDAY, 18 NOV 2020
A former financial adviser has pleaded guilty to misappropriating $2.9 million of client funds by transferring the money to his own accounts for personal use. Ross Hopkins from NSW, appeared at the Downing Centre Local Court, where he pleaded guilty ...

Industry fund introduces tax incentive

KARREN VERGARA  |  TUESDAY, 17 NOV 2020
... account-based pension which is tax-free. Chief executive Brendan O'Farrell said the PTB is available because of the money Intrust Super has put aside to pay capital gains tax when assets in investments are sold for a profit. PTB could have an enormous ...

ASIC sounds the alarm on buy-now-pay-later

KANIKA SOOD  |  MONDAY, 16 NOV 2020
... to risk. It found more than half the users are spending more, one in six had delayed other bills or borrowed additional money, and outstanding balances at end of FY18 stood at $1 billion.

Vatican shakes up financial management

ELIZABETH MCARTHUR  |  MONDAY, 16 NOV 2020
... made an arrest in relation to the 2018 purchase of an apartment block on Sloane Avenue in London made with Catholic Church money. Gianluigi Torzi is accused of extortion, embezzlement, aggravated fraud and money laundering in relation to the deal and ...

Hume scrutinises super fund spend

KARREN VERGARA  |  MONDAY, 16 NOV 2020
Senator Jane Hume is cracking down on how superannuation funds spend members' money and subjecting them to the same stringent reporting and disclosure requirements as publicly-listed companies. The Minister for Superannuation, Financials Services ...

Ironbark to wind up emerging markets fund

KANIKA SOOD  |  FRIDAY, 13 NOV 2020
... Emerging Markets Fund (8.2% p.a.). Five of the 22 had negative returns for the period - meaning investors ended up with less money than they put in - including Schroders Emerging Markets Sustainable Fund (-0.8% p.a.), Ironbark Copper Rock Emerging Markets ...

Asset managers want action on modern-day slavery

KARREN VERGARA  |  THURSDAY, 12 NOV 2020
... as co-secretariat for IAST, said: "We vote for the kind of world we want to live in with the way we spend and invest our money. We must make sure that our investments, including pension and superannuation funds, are driving transparency and accountability." ...