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Showing 151 - 160 of 515 results for "Powers"

Chief economist update: Hong Kong is ours

BENJAMIN ONG  |  MONDAY, 25 MAY 2020
... and a blessing (for lack of a better word) for China's Politburo. Social restrictions and lockdowns imposed by the powers-that-be to contain the virus sent the economy plunging 6.8% in the year to the March 2020 quarter... but it also halted the ...

Chief economist update: Labor Day mayday

BENJAMIN ONG  |  FRIDAY, 1 MAY 2020
... the coronavirus is discovered, we'll remain wary and looking over our shoulders. This in itself - whether or not the powers that are relax restrictions - would, at the very least, prevent a return to normality.

The great fall of China

BENJAMIN ONG  |  MONDAY, 20 APR 2020
... certainly added to the body count from the infection and deaths wrought by the coronavirus had the pandemic not prompted the powers-that-be into postponing (to later this year) the annual meetings of the National People's Congress (NPC) and the Chinese ...

QSuper board takes AFCA decision to court

KANIKA SOOD  |  THURSDAY, 16 APR 2020
... documents: "The central issue in this appeal initially appeared to be whether AFCA's decision was invalid because the powers purportedly exercised by it under s 1055 of the Corporations Act 2001 (Cth) (CA) contravened Ch III of the Commonwealth of ...

Chief economist update: Credit ratings downgrades versus fiscal salvation

BENJAMIN ONG  |  THURSDAY, 9 APR 2020
... again, as Al Jazeera reports: "The type of lockdown seen in other countries is not possible because the government's powers to control the population are restricted by the constitution, which was effectively imposed on Japan by the United States ...

Former financial adviser permanently banned

HARRISON WORLEY  |  TUESDAY, 7 APR 2020
... services and credit businesses. Gibbs is the first person to be permanently banned under recent extensions to ASIC's banning powers as a result of the February passage of the Stronger Regulators Act. Previously, the ban only served to stop people from ...

Super funds face penalties over early release failures

ELIZABETH MCARTHUR  |  TUESDAY, 7 APR 2020
... members." Funds being "directed" to merge is not off the table, Frydenberg said. "The government expects APRA to exercise those powers in circumstances where it is in the best interest of fund members to do so," he added. Frydenberg and the Morrison ...

Hume calls for diversity in super fund mergers

HARRISON WORLEY  |  TUESDAY, 31 MAR 2020
... a super fund has been managed in a way that would prevent members accessing their money promptly, APRA's directions powers - especially sections 131D and 133 of the SIS Act, updated last year by the Parliament - gives APRA new teeth that may well ...

Court confirms Storm Financial founders breached duties

JAMIE WILLIAMSON  |  FRIDAY, 27 MAR 2020
... their failure to take reasonable steps to prevent Storm Financial from giving poor advice meant they did not exercise their powers as directors with the care and diligence a reasonable person would have employed. The initial determination was reached ...

Financial regulators poised for action

HARRISON WORLEY  |  MONDAY, 16 MAR 2020
... to operate to the best of its capability. Corporate regulator ASIC is kicking off the action, using its market integrity powers to limit the amount of trades allowed to be executed each day by the big players in the equity market. Directions issued under ...