Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 131 - 140 of 475 results for "Discover"

12 charged in $17m fraud

ELIZA BAVIN  |  WEDNESDAY, 22 JUL 2020
... serious financial crime is a business that may appear legitimate on the surface, but once you peel back the layers, you discover a web of well-organised syndicated activity, like phoenixing, which causes real harm to people's livelihoods and lines the ...

Chief economist update: Haste makes Budget waste

BENJAMIN ONG  |  TUESDAY, 21 JUL 2020
Would Australia be experiencing a second wave - and therefore, a reimposition of lockdown restrictions - had it not rushed to reopen and followed its original prescription for a six-month lockdown? Not only that, in the haste to reopen, the Victorian ...

Woman jailed in $105m tax scam

ELIZA BAVIN  |  MONDAY, 13 JUL 2020
A fourth person has been sentenced to four years imprisonment for their role in a syndicate that allegedly defrauded the Commonwealth of over $105 million. Devyn Hammond was sentenced in the Supreme Court of NSW to four years jail for her role in a ...

Artisan teams up with Melbourne multi-boutique

KANIKA SOOD  |  WEDNESDAY, 1 JUL 2020
The $172 billion global manager has signed an exclusive retail distribution deal with a Melbourne multi-boutique, as it eyes the adviser channel after raising $6 billion from local institutional investors. Copia Investment Partners will exclusively ...

Chief economist update: This rebound is brought to you by the letter V

BENJAMIN ONG  |  MONDAY, 29 JUN 2020
The gradual easing of restrictions has unfrozen social and business activity in almost every nation that decided to do so. Central banks and governments can flood the system with all the money they have, or can print, but with consumers not allowed ...

ATO doubles down on fraud crackdown

ELIZA BAVIN  |  WEDNESDAY, 24 JUN 2020
... will be conducting checks later, so if you've received a benefit as part of the COVID-19 stimulus measures and we discover you are ineligible, you can expect to hear from us. If you think this may apply to you, you should contact us or speak to your ...

FSU calls for NAB staff to audit pay

ALLY SELBY  |  MONDAY, 15 JUN 2020
The Finance Sector Union of Australia has called on NAB staffers to audit their own pay, as the bank kicks off an investigation into staff underpayments. It comes after NAB announced last week it would be launching an independent investigation into ...

Rest climate change trial delayed

ELIZABETH MCARTHUR  |  THURSDAY, 11 JUN 2020
Rest member Mark McVeigh's day in court with his $57 billion industry superannuation fund over its management of climate change risk has been delayed. New orders were made in the Federal Court yesterday, with the trial date pushed back from July ...

New private trades platform for family offices

KANIKA SOOD  |  WEDNESDAY, 10 JUN 2020
Hedge fund billionaire Paul Tudor Jones backed Clearlist Holdings is partnering with ShareNett Holdings todevelop a platform for family offices to transact in private markets securities. Sharenett, which is a network of over 400 family offices and ultra-high-net-worths ...

Advice job market not all doom and gloom

ELIZABETH MCARTHUR  |  TUESDAY, 2 JUN 2020
There are some bright spots in the market for financial advice jobs, according to Kaizen Recruitment, despite over 1000 advisers leaving the industry since the start of 2020 and only about 50 joining. "The implementation of restructures and exits announced ...