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Showing 1471 - 1480 of 4757 results for "July 2014"

ATO cracks down on HNWs

ELIZA BAVIN  |  THURSDAY, 12 MAR 2020
The Australian Taxation Office has announced it will be expanding its Tax Avoidance Taskforce and introducing a new program targeting high wealth private groups. The ATO said in the 2016-17 financial year high wealth individuals and groups avoided paying ...

Chief economist update: Budget surplus or bust

BENJAMIN ONG  |  THURSDAY, 12 MAR 2020
It's official! The World Health Organisation (WHO) has declared COVID-19 a pandemic. Uh, scary! But what's in a word? According to the ABC : "An outbreak is a sudden rise in cases of a disease in a particular place. An epidemic is a large outbreak. ...

Lack of independence must be made clear: ASIC

ELIZA BAVIN  |  TUESDAY, 10 MAR 2020
Financial advisers will need to provide every retail client a written statement explaining "simply and concisely" why they are not independent, impartial and unbiased; if ASIC's draft recommendations for advice fees are adopted. The purpose, ASIC said ...

Chief economist update: Coronaphobia sickens Japan

BENJAMIN ONG  |  MONDAY, 9 MAR 2020
Coronaphobia - the "irrational fear" of getting infected with the coronavirus. Numerous medical experts have offered calming and logical prognoses for the epidemic but these two words - irrational and fear - would be, in a manner of speaking, the death ...

Vanguard insto head jumps to super fund

KANIKA SOOD  |  FRIDAY, 6 MAR 2020
Vanguard has appointed a new head of institutional, as the incumbent takes a role at a $105 billion industry superannuation fund. Matt Willis is joining First State Super as its head of business development, tasked with overseeing the fund's organic ...

Westpac director heads for the exit

HARRISON WORLEY  |  FRIDAY, 6 MAR 2020
A member of Westpac's board is preparing to leave the turmoil stricken big bank after less than two years as a director. The bank has confirmed the departure of director Anita Fung from its board. Fung was appointed to the board in the midst of the ...

Chief economist update: Australia's gentle turning point to turn

BENJAMIN ONG  |  THURSDAY, 5 MAR 2020
Well, what do you know? Reserve Bank governor Philip Lowe had been right all along in his claim that, "the Australian economy appears to have reached a gentle turning point". The latest Australian National Accounts proved the truth in Lowe's statement. ...

First State Super and WA Super in merger talks

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 MAR 2020
First State Super and WA Super have said they are exploring the benefits to members of a merger, in a move that would create a $109 billion fund. The funds have signed a Memorandum of Understanding and will enter due diligence, with the process expected ...

Advice groups criticise rushed legislation

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 MAR 2020
The government's plan to implement recommendations from the Royal Commission has been met with concern and criticism from financial advice industry groups. Both the Association of Financial Advisers and The Advisers Association have lashed out at ...

Spitfire loses top executives

ELIZA BAVIN  |  WEDNESDAY, 4 MAR 2020
Spitfire has lost both its chief executive and chief product officer within months of them joining the platform provider. Former chief executive John Shuttleworth left the business in December last year after being appointed to the top role only two ...