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Showing 1391 - 1400 of 9828 results for "ISS"

TPB grilled over handling of PwC scandal

JAMIE WILLIAMSON  |  THURSDAY, 1 JUN 2023
Fronting a Senate Estimates hearing, the Tax Practitioners Board (TPB) said it has no plans to suspend PwC, nor has it formally considered whether the consultant breached legislative requirements to act honestly and with integrity. Appearing in Canberra ...

Risk of recession growing: Podcast

CASSANDRA BALDINI  |  THURSDAY, 1 JUN 2023
AMP chief economist Shane Oliver says the risk of recession is rising alongside the Reserve Bank of Australia's (RBA) rate increases. Earlier in the week, the Australian share market rallied following the decision by US lawmakers to raise the debt ...

It's painful, but it's working: Lowe

CHLOE WALKER  |  WEDNESDAY, 31 MAY 2023
Reflecting on the board's decision to increase the cash rate by 25 basis points to 3.85% last month, Reserve Bank of Australia (RBA) governor Philip Lowe says so far, the strategy is working. Lowe told the Senate economics committee this morning that ...

Bank of Queensland slapped with EU

CASSANDRA BALDINI  |  WEDNESDAY, 31 MAY 2023
APRA and AUSTRAC have agreed to a court enforceable undertaking (CEU) following weakness in the bank's risk management and money laundering controls. APRA said it's acted following several beaches or its prudential standards and a review that ...

Zurich, InterPrac, Sequoia back pro-bono advice

CASSANDRA BALDINI  |  WEDNESDAY, 31 MAY 2023
The Pro Bono Financial Advice Network (PFAN) has joined forces with Zurich Assure, InterPrac and Sequoia to deliver pro bono advice to individuals living with personal health issues. Through the partnership, the financial institutions will work with ...

Dutch pension giants back $1.5bn local BTR deal

ANDREW MCKEAN  |  TUESDAY, 30 MAY 2023
Scape Australia, a residential-for-rent owner and operator, has teamed with Dutch heavyweights APG Asset Management and fund manager Bouwinvest, to develop and acquire assets in Australia's burgeoning build-to-rent sector. The partnership, subject ...

Spirit Super rectifies regulatory breach

ANDREW MCKEAN  |  TUESDAY, 30 MAY 2023
Spirit Super has corrected a non-compliance issue, amending its process for monitoring the use of reserves to cover expenses that exceed the fees and costs charged to members. Last month, the industry fund acknowledged that it had inadvertently omitted ...

No regrets: Hayne reflects on Royal Commission

KARREN VERGARA  |  TUESDAY, 30 MAY 2023
Nearly six years since the landmark Royal Commission, former High Court justice Kenneth Hayne stands by his recommendations that upended the banking and financial services sectors. Making a rare appearance at the International Congress of Actuaries ...

US debt ceiling agreement reached

CASSANDRA BALDINI  |  MONDAY, 29 MAY 2023
An eleventh-hour tentative deal has been struck by US lawmakers to raise the debt ceiling and avoid a national default disaster. US President Joe Biden and House Speaker Kevin McCarthy announced on Sunday their agreement to raise the $48 trillion (US$31.4 ...

Challenger real estate arm price tag drops

KARREN VERGARA  |  MONDAY, 29 MAY 2023
The sale price of Challenger's real estate funds management business to Elanor Investors Group has dropped to $37.7 million after an institutional client announced it will not be part of the transaction. The purchase price of Australian real estate ...