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Showing 121 - 130 of 625 results for "Financial Sector"

Westpac fined over reporting failure

ELIZABETH MCARTHUR | THURSDAY, 8 AUG 2019

... Finance Holdings and Capital Finance Australia will pay more than $1.5 million after breaching requirements of the Financial Sector (Collection of Data) Act 2001 (FSCODA) by failing to report data to APRA. APRA said Westpac was 20 days late filing its ...

AFCA delivers $83 million win

ELIZABETH MCARTHUR | MONDAY, 15 JUL 2019

... AFCA. "AFCA stands firmly on the side of fairness and a key part of our role is increasing transparency in the financial sector," Locke said. "We have published this report so that Australians can see which financial products and services receive the ...

CBA down, industry up for employment

ELIZABETH MCARTHUR | FRIDAY, 17 MAY 2019

... security in Australia." Despite the benefits the industry can offer employees, Ribuot said: "We love to hate our financial sector. My view is that's an inaccurate picture of the sector." He went on to explain that people who actually work in the sector ...

FSU seeks transparency on CBA job cuts

KARREN VERGARA | TUESDAY, 16 APR 2019

... of its planned job cuts across its branches and technology division, alleged to affect 10,000 employees. The Financial Sector Union said it wrote to CBA chief executive Matt Comyn asking to confirm or deny these reports so that "workers know where they ...

Chief economist update: Hoping for the best, preparing for the worst of Brexit

BENJAMIN ONG | THURSDAY, 4 APR 2019

... "It's alarmingly high now." (Reuters). But while the BOE governor thinks there is plenty to worry about, the financial sector is not one of them. The FTSE-100 index's 10.3% rally this year gives credence to his statement. The Financial Times ...

Budget 2019-20: Social media reacts

KARREN VERGARA | TUESDAY, 2 APR 2019

... help restore some much-needed trust. NEWS: #Budget2019 Funding boost for regulators vital to restoring trust in financial sector https://t.co/WFqHwgyrq3 #budget #AusPol @meganmotto pic.twitter.com/DJgit3VNoM - Governance Institute of Australia (@GovInstAus) ...

Regulators receive pre-Budget funding boost

HARRISON WORLEY | MONDAY, 25 MAR 2019

... will ensure it has the resources it needs to perform its critical role in ensuring the law is adhered to in the financial sector and consumers are put first, second and third," Frydenberg said. "The funding for APRA will strengthen and improve its capabilities ...

Benchmark APRA against global counterparts: Treasury

KANIKA SOOD | FRIDAY, 15 MAR 2019

... functions (including appropriate utilisation of enforcement tools); - Appropriate engagement with Australian financial sector regulators, including suitable information sharing arrangements; and - Fit-for-purpose statutory powers. Read more: March 1 ...

Former Arnhem partners join boutiques

KARREN VERGARA | FRIDAY, 22 FEB 2019

... it said. Mark Nathan recently joined Regal Funds Management as a portfolio manager, focusing his effort on the financial sector and will be based in Sydney. Nathan was the managing partner and chief executive of Arnhem from April 2008 to December 2018. ...

Royal Commission sobering and overdue: Labor

DARREN SNYDER | TUESDAY, 5 FEB 2019

... recommendations. We would consult broadly with the implementation details with all the affected parties - the financial sector, the victims groups, and consumer groups," Bowen said. "We regard this report as being the minimum of action that should be ...

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Federal Court lifts Merhi's travel ban

KARREN VERGARA | 12:25PM

Former financial adviser Ferras Merhi is now free to travel as the Federal Court lifted travel restraint orders imposed one year ago.

Hostplus delivers double-digit FY26 returns

RIDDHIMA TALWANI | 12:30PM

Hostplus Balanced (MySuper) option delivered members 10.8% for the financial year 2025-26, while the Indexed Balanced option and the High Growth option returned members 11.06% and 12.61% respectively.

ASIC levy estimates jump 19% as regulator ramps up funding

VINNY VUCAGO | 12:21PM

ASIC has lifted its estimated industry funding levy by almost 20% for 2025-26, with regulated entities expected to shoulder $400.5 million in regulatory costs as the corporate watchdog expands its supervision and enforcement activities.

GQG bleeds over US$7bn in FUM in June

MATTHEW WAI | 12:13PM

Despite recording positive investment performance, GQG Partners observed a significant outflow, with net outflows of $4.62 billion recorded in the month of June, as FUM slipped to $225 billion at June end, compared to $235.5 billion in the month prior.

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