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Showing 1341 - 1350 of 14210 results for "Interest"

Auditors lambast mandatory climate reporting requirements

ELIZA BAVIN  |  TUESDAY, 23 APR 2024
... reporting requirements." Meantime, Australian Securities and Investments Commission (ASIC) chair Joe Longo said growing interest in environmental, social, and governance issues had driven the need for more thorough disclosure requirements but said the ...

ASIC cancels AFSL of JB Markets

ELIZA BAVIN  |  TUESDAY, 23 APR 2024
The Australian Securities and Investments Commission (ASIC) has cancelled the Australian Financial Services Licence (AFSL) of JB Markets effective from 12 April 2024. ASIC said JB Markets failed to comply with the financial requirements of its AFSL ...

OneSuper to take on more super products

JAMIE WILLIAMSON  |  MONDAY, 22 APR 2024
Following on from the news that it would now be home to Spaceship Super, OneSuper will further bolster its funds under management through the transfer of another sub-plan, home to several super products. Last week, Financial Standard reported on Diversa's ...

Adam Blumenthal ordered to pay $850k

ELIZA BAVIN  |  THURSDAY, 18 APR 2024
... Blumenthal also failed in his duties as a director of Creso by failing to avoid and disclose to its board a conflict of interest, given his financial relationship with Scholz, in which Blumenthal's private company, Anglo Menda, had lent more than $7 ...

ATO targets crypto investors, sharing economy

KARREN VERGARA  |  WEDNESDAY, 17 APR 2024
... 90% of tax returns were full of errors. This year, Chapman said investors can expect the ATO to crack down on excessive interest expense claims, such as where property owners have tried to claim borrowing costs on the family home and rental property. ...

Powell backflips on rates pushing back RBA cut expectations

ELIZA BAVIN  |  WEDNESDAY, 17 APR 2024
US Federal Reserve chair Jerome Powell has changed his tune over the possibility of upcoming interest rate cuts, which means it could be an even longer wait here in Australia. Powell said recent US inflation data had not given policymakers enough confidence ...

Betashares plans to launch first 'moderately geared' ETFs

ANDREW MCKEAN  |  TUESDAY, 16 APR 2024
... margin calls for investors," Betashares said. "Due to the structure of the funds, investors benefit from institutional interest rates that Betashares is able to access, which are typically significantly lower than those available to individual investors ...

Income inequality elevated, spikes: Oxfam

KARREN VERGARA  |  TUESDAY, 16 APR 2024
... highest level of inequality. Further, Oxfam found that low-income countries face a debt crisis as their massive debt and interest repayments divert resources from crucial areas like public education, healthcare, and social safety nets, threatening to ...

ASIC chief executive to depart

ELIZA BAVIN  |  TUESDAY, 16 APR 2024
... This is an opportunity for him to bring the skills and experience he has gained at ASIC to an agency we have a shared interest in supporting and seeing succeed," Longo said. "Since I embarked on the review of ASIC's infrastructure and operations on my ...

WTW to launch dedicated private equity fund

ANDREW MCKEAN  |  MONDAY, 15 APR 2024
Willis Towers Watson (WTW) is planning to launch a new fund that will invest in private equity opportunities including co-investments. This new private equity fund, the WTW Private Equity Access Fund (WTW PEAF), will be the first time that the asset ...