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Showing 171 - 180 of 2895 results for "Might"

ASIC scraps Libertas' AFSL for unpaid compensation

KARREN VERGARA  |  TUESDAY, 20 AUG 2024
... insurers (PII) that fail to pay a determination under the scheme will see their licence revoked. While the cancellation might not be "automatic" per se, Berry said such action ultimately sits with ASIC and how it carries it out. "But the legislation ...

What does the RBNZ rate cut mean to Australia?

MATTHEW WAI  |  THURSDAY, 15 AUG 2024
... twice. "With rates currently sitting at more than a two-decade high, there's no room for hesitation. A 25 basis point cut might signal a shift, but it's not the aggressive action needed to stave off a potentially devastating landing," Green said. ...

Independent MPs call for super reforms

ELIZA BAVIN  |  WEDNESDAY, 14 AUG 2024
... uncertainty." Spender, the Member for Wentworth, will also introduce an amendment to allow the deferral of payment for taxpayers who might otherwise be forced to sell their illiquid assets. "We need to have appropriate tax on super, but taxing unrealised ...

AFCA urges super trustees to improve processes

ELIZA BAVIN  |  TUESDAY, 13 AUG 2024
... Gray said super funds should consider using technology such as multi-factor authentication to reduce the risk that members might lost money from their super accounts through scams and other fraud. Gray said AFCA was aware of an instance where a person ...

CFMEU fallout stokes governance debate

ANDREW MCKEAN  |  MONDAY, 12 AUG 2024
... shouldn't ever change. "Bringing in directors who are independent makes a lot of sense on the one hand, but then you might have a lot of people who don't understand anything about an industry," he says. "Do you not want people on the board who ...

AFSLs can lose licence on CSLR intervention

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2024
... the payment and under that legislation ASIC is then required to cancel the licence of that entity." While the cancellation might not be "automatic" per se, Berry said such action ultimately sits with ASIC and how it carries it out. "But the legislation ...

Chief financial officer roles 'widely ambiguous': Research

ELIZA BAVIN  |  TUESDAY, 6 AUG 2024
... chief financial officer is expected to play a value adding role, but research suggests that the chief financial officer might be challenged in fulfilling these expectations." Monash Business School associate professor Paul Thambar conducted semi-structured ...

IPO conversations 'sparking interest': Barrenjoey

ANDREW MCKEAN  |  FRIDAY, 26 JUL 2024
... private and public markets, and we're very interested in getting feedback about what ASIC can do, how regulatory settings might change or be adjusted to encourage the activity that we're all interested in," Longo said. He added that ASIC can objectively ...

WAM calls to save in-person AGMs

ELIZA BAVIN  |  FRIDAY, 26 JUL 2024
... shareholders." Wilson said virtual meetings don't allow the same freedoms to shareholders to face the board in the way they might like and has made a submission to the Labor government to not allow virtual only events. "As the investment manager for ...

MLC investment chief shares portfolio plans

ANDREW MCKEAN  |  THURSDAY, 25 JUL 2024
... expected recession, decent corporate fundamentals, US earnings growth is forecasted around 18% for the next 12 months - which might be exaggerated - debt servicing ratios are favourable, and there are healthy inflows. However, "the key negative is valuation," ...