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Showing 1341 - 1350 of 6233 results for "Money"

Ponzi schemer succeeds at appeal

ELIZABETH MCARTHUR  |  FRIDAY, 12 FEB 2021
... five-and-a-half-year sentence after pleading guilty in obtaining financial advantage by deception totalling $1,027,000. The money the Johnstons collected for "investments" was deposited into the bank account of Small Business Management Pty Ltd on the ...

Chief economist update: Money plus confidence

BENJAMIN ONG  |  THURSDAY, 11 FEB 2021
"The circulation of confidence is better than the circulation of money." - James Madison, 4th President of the USA (1809-1817) and Founding Father The Morrison government circulating more money which, according to the Budget Papers 2020-21, amounts ...

The trouble with best financial interests duty

KARREN VERGARA  |  WEDNESDAY, 10 FEB 2021
... that are in members' best financial interest, he said. The new legislation will also focus on how trustees spend members' money - justifying what is essential and non-essential expenditure. Scott Connolly, assistant secretary of the ACTU, said that there ...

Chief economist update: The US inflation dilemma

BENJAMIN ONG  |  TUESDAY, 9 FEB 2021
... risk." Financial markets appear to agree... with both of them. The US equity market continues to rally buoyed the flood of money, money, money and expectations of more money, money, money. The bond market's going the other way as the yield on US 10-year ...

Lifecycle products cost members: Research

ELIZA BAVIN  |  FRIDAY, 5 FEB 2021
... proportion of your MySuper savings are allocated to more conservative assets like bonds. There is less chance of losing money," he said. "But the strategic problem in the lifecycle sector is not the concept behind them, but the huge variation in their ...

Diversa, BetaShares relationship probed

ELIZABETH MCARTHUR  |  THURSDAY, 4 FEB 2021
... BetaShares to develop the ETFs in question. "We know the ETFs that we invest in with BetaShares now have a lot of external money flowing into them. We helped collaborate on them to bring them to market. I think these are proving to be strong investment ...

ASIC winds up Mayfair 101 debenture issuer

ELIZABETH MCARTHUR  |  MONDAY, 1 FEB 2021
... lending for a term of 10 years. It also heard that distributions and redemptions paid to M Core noteholders were funded from money raised from other M Core noteholders or, to a lesser extent, from investors in unsecured debentures also promoted by Mayfair ...

Shipton to leave ASIC

JAMIE WILLIAMSON  |  FRIDAY, 29 JAN 2021
... expenses incurred upon taking up his role, but that continued long after he had relocated. Crennan has since repaid the money and resigned from the regulator, taking on a new role at EverBlu Capital.

You can't hate Trump but love the S&P 500: Research

KANIKA SOOD  |  FRIDAY, 29 JAN 2021
... track the index. Both are listed on the ASX and available to local investors with $3.6 billion and $56 million of local money at December end. I VV is popular among SMSF investors, figuring among the second-most used ETF by the cohort in past Commsec ...

Money does buy happiness: Research

ELIZA BAVIN  |  WEDNESDAY, 27 JAN 2021
Despite the well-known saying to the contrary, new research suggests money does in fact buy happiness. A study conducted by Proceedings of the National Academy of Sciences (PNAS) in the US found that while personal wellbeing does not increase above ...