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Showing 1931 - 1940 of 14210 results for "Interest"

HCF Life under ASIC surveillance

CASSANDRA BALDINI  |  FRIDAY, 12 MAY 2023
The regulator has started civil proceedings in the Federal Court against the insurer after alleging it issued three types of insurance policies containing unfair and misleading contract terms. ASIC said the case involves standard form contracts issued ...

Absolute-return bond funds fail ambitious returns: Research

KARREN VERGARA  |  FRIDAY, 12 MAY 2023
... typically less constrained by benchmarks and maintain a structurally lower level of duration risk and sensitivity to interest rates compared to other fixed income strategies. However, Morningstar found that the PM Capital Enhanced Yield, with a goal ...

AFCA tallies up COVID-19 complaints

JAMIE WILLIAMSON  |  FRIDAY, 12 MAY 2023
... and consumers talk to each other. We hope financial firms have a similar mindset as we face new challenges amid rising interest rates and cost of living pressures."

PwC senior leaders step down over tax scandal

CASSANDRA BALDINI  |  THURSDAY, 11 MAY 2023
... disgraced, and PwC said it reviewed and strengthened its controls, policies, and training with respect to conflicts of interest. The inquiry into PwC executives and their involvement in sharing information obtained during a confidential consultation ...

PGIM buys majority stake in Deerpath Capital

CHLOE WALKER  |  THURSDAY, 11 MAY 2023
The $1.2 trillion global asset management business of Prudential Financial has acquired a majority interest in US private credit and direct lending manager Deerpath Capital Management (Deerpath). Since its inception in 2007, Deerpath has deployed over ...

Family offices maintain a steady course: Goldman Sachs

CHLOE WALKER  |  WEDNESDAY, 10 MAY 2023
... allocation to public market equities has decreased from 31% to 28%. "This may be a function of continued family office interest in private markets," Goldman Sachs said. On average, the report revealed family offices are allocating 44% total across alternative ...

NALI measure receives mixed response

JAMIE WILLIAMSON  |  WEDNESDAY, 10 MAY 2023
The federal government provided clarity on the Non-Arm's Length Income (NALI) provisions related to expenditure incurred by superannuation funds - however, the industry says it requires further consideration. In last night's budget, the government ...

What you need to know about the 2023-24 budget

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
... delivered the 2023-24 federal budget against a backdrop of the local economy grappling with soaring inflation, rising interest rates, together with geopolitical tensions and the risk of global financial systems collapsing. "Outside of the pandemic and ...

Federal budget 2023: Winners and losers

TOM WATSON  |  TUESDAY, 9 MAY 2023
... rate increased by $92.10 each fortnight. Energy-efficient homes and businesses: The government will fund 110,000 low-interest loans for households looking to install batteries, solar systems and energy-efficient appliances, while also providing $310 ...

Australia's enviable debt levels

ALEX DUNNIN  |  TUESDAY, 9 MAY 2023
Australia's inflation rate, expected to fall from 6% now to 2.75% by 2025, shines a light on Australia's government interest payments and with it, Australia's relative debt position. At June end 2022, there was $895 billion in Australian government ...