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Showing 1671 - 1680 of 9462 results for "Made"

ANZ told to pay $25m for 20-year failure

JAMIE WILLIAMSON  |  THURSDAY, 27 OCT 2022
... favour, saying ANZ contravened the ASIC Act, the Corporations Act, and the National Consumer Credit Protection Act. It said ANZ made false or misleading representations to certain customers when it represented that it had, and would continue to have ...

Small wins for some pensioners

CASSANDRA BALDINI  |  WEDNESDAY, 26 OCT 2022
... pension expert David Knox said the government is merely responding to cost-of-living pressures and delivering on promises made in the election campaign. "I think the government did the right thing by alleviating some of that cost-of-living pressure by ...

Budget deficit pressured by debt costs

ANDREW MCKEAN  |  WEDNESDAY, 26 OCT 2022
... revenue projects will have to be revised down substantially, and that even harder decisions on tax and spending will need to be made. "This will prove an even more severe a test for the Labor government as the Rudd government faced in the wake of the ...

New ETF to invest in green metal producers

JAMIE WILLIAMSON  |  WEDNESDAY, 26 OCT 2022
... prices." He added that investor interest in investing in green metals is surging as more and more net zero commitments are made. GMTL marks the first ETF launched by Global X since it rebranded from ETF Securities.

Government scraps legacy tax, super measures

JAMIE WILLIAMSON  |  WEDNESDAY, 26 OCT 2022
... vehicles; changing the annual audit requirement for certain SMSFs; the introduction of a limit of $10,000 for cash payments made to businesses for goods and services; and the introduction of a deductible gift recipient category for providers of pastoral ...

CommSec, AUSIEX to pay $27m penalty

JAMIE WILLIAMSON  |  WEDNESDAY, 26 OCT 2022
... of time, which affected multiple aspects of the businesses of both CommSec and AUSIEX." The court also held that CommSec made a false or misleading representation when it said it considered ASX CentrePoint an execution venue for those customers who submitted ...

Affordable housing in Budget spotlight

JAMIE WILLIAMSON  |  TUESDAY, 25 OCT 2022
... problem and with the ATO only recovering a dismal 15% of the unpaid super debt its vital for members that this change is made," ISA said. "Women retire with about a third less super than men and paying super on parental leave is a concrete step towards ...

ASIC sues BPS Financial over crypto claims

CASSANDRA BALDINI  |  TUESDAY, 25 OCT 2022
... ASIC has commenced civil penalty proceedings in the Federal Court against BPS Financial (BPS). The regulator alleged BPS made false, misleading, or deceptive representations and engaged in unlicensed conduct in relation to a non-cash payment facility ...

Quantifying the value of a financial adviser

ANDREW MCKEAN  |  MONDAY, 24 OCT 2022
... as they age, and in complexity as their needs and experience develop over that time. The sheer number of decisions to be made and the knowledge required to understand their implications can lead to decision fatigue and increases the risk of poor outcomes." ...

Westlawn Financial Services cops stop orders

CHLOE WALKER  |  MONDAY, 24 OCT 2022
... concerns are not addressed in a timely manner. Westlawn will have an opportunity to make submissions before a decision is made about a final stop order. "ASIC reminds financial product issuers that under DDO, they must define target markets for their ...