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Showing 1501 - 1510 of 6149 results for "Money"

Disgraced lobbyist charged

ALLY SELBY  |  FRIDAY, 26 JUN 2020
... lobbying and the scandals that surround it are the subject of two Hollywood films, Casino Jack and the Unites States of Money and Casino Jack, with Abramoff played by Spacey. The SEC alleged Nevada-based NAC Foundation and its chief executive Marcus ...

Crypto investment opportunities outright scams: ASIC

ALLY SELBY  |  THURSDAY, 25 JUN 2020
... intelligence Warren Day said COVID-19 had created a perfect storm. "Australians are at risk of being scammed and losing money, and scammers are using age-old tactics in new and sophisticated ways to target people," he said. "We are seeing a spike in ...

ATO doubles down on fraud crackdown

ELIZA BAVIN  |  WEDNESDAY, 24 JUN 2020
... agency confirmed it has seen some examples of fraud and fraudulent attempts or people developing schemes to try to steal money from the community. "We've received intelligence about a number of dodgy schemes, including the withdrawal of money from superannuation ...

First Nations Foundation gets COVID-19 funding

ELIZABETH MCARTHUR  |  TUESDAY, 23 JUN 2020
... "Storytelling and experiences shared by other Indigenous women will form the foundation of this series, underpinned by proven money management techniques such as setting goals, budgeting, reducing spending leaks and learning about financial products ...

COVID-19 dampens retirement expectations: Study

ALLY SELBY  |  MONDAY, 22 JUN 2020
... currently in retirement, with 77% of prospective retirees stating that their superannuation would not provide them with enough money for retirement. "Those nearing retirement have been particularly hurt by the downturn," Rady said. "These investors tend ...

ATO cracks down on ERS misuse

ELIZA BAVIN  |  MONDAY, 22 JUN 2020
... of super examples where people are doing the wrong thing. In some cases, we have stopped applications and prevented super money from being released. "In other cases, we review circumstances after an application has been processed to ensure the integrity ...

Investment scams pry $126m from Aussie hands

ALLY SELBY  |  MONDAY, 22 JUN 2020
... People aged 55 to 65 reported higher losses than any other group, while women reported more scams than men but lost less money. Women reported over 85,000 scams with losses of $64 million, while men lost $78 million to more than 78,000 scams. Scammers ...

Platform prototypes compliance capability

ALLY SELBY  |  THURSDAY, 18 JUN 2020
... the licensee to be more proactive in the supervision and monitoring of risk - saving Fortnum Financial time, energy and money. "Assessing a certain type of risk would normally involve checking a whole host of documents to see if that risk was in fact ...

APRA hands reins to ASIC in AUSTRAC case

ALLY SELBY  |  THURSDAY, 18 JUN 2020
... and standards of fitness and propriety under the Banking Act to ASIC. In November last year, AUSTRAC exposed 23 million money laundering breaches using Westpac's now-defunct international money transfer product LitePay, some which it explosively revealed ...

AustralianSuper gives Rio Tinto slap on the wrist

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 JUN 2020
... diversified, Australian equities and member direct options. The majority, 79% or $715 million, of that holding comes from member money in AustralianSuper's default MySuper investment option. The mining giant is the fund's 10th largest Australian ...