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| | | My Dealer Services appointed Ashley Mahadeea to the role of head of strategy. Mahadeea is experienced in advising fintech start-ups on launch strategies, strategic planning, competitive analysis, and business development. He is also currently the national ... |
| | | | ASIC is seeking a major $27 million penalty against AustralianSuper in the Federal Court. ASIC alleges that, for almost 10 years, AustralianSuper failed to have adequate policies and procedures to identify members who held multiple AustralianSuper accounts ... |
| | | | The $3 million superannuation tax passed the lower house yesterday afternoon with a majority vote count of 52:9, however attempts to see the tax indexed were shot down. The Treasury Laws Amendment (Better Targeted Superannuation Concessions and Other ... |
| | | | ... annual income, not the size of their deposit. "Any additional capital given to homebuyers will only make the affordability problem worse for subsequent generations. There is a responsible way that super can be used for housing without increasing demand... ... |
| | | | The regulator's recent crackdown on risk and compliance in the sector has product issuers stuck between a rock and a hard place, with an extreme dearth of talent making it difficult for fund managers and super funds to meet ASIC's expectations. Earlier ... |
| | | | The Reserve Bank of Australia (RBA) and Treasury today released a report on central bank digital currency (CBDC), citing a three-year project is now underway for wholesale CBDC. In a thorough report, Central Bank Digital Currency and the Future of Digital ... |
| | | | ... backlog of need." Hayhurst said the announcement represents "solid progress" but said it will not fix Australia's housing problem overnight. "When you're tackling a housing crisis that has been decades in the making, the key is to show long-term ... |
| | | | ... major career change. Forbes was a professional baseball player in the US before he made the switch to financial advice. Problem solving, discipline, resilience, teamwork, and collaboration were some of the key skills he gained as a professional athlete. ... |
| | | | ... to understand. Some issuers had to follow consumers up via phone to explain terms, which ASIC said clearly signifies a problem with the question design. Other issuers allowed consumers to attempt the questionnaires multiple times, with some encouraging ... |
| | | | ... Senate Economics Committee, Michelle Levy said it is too much to expect superannuation trustees to fix Australia's housing problem. Levy said she is sympathetic to the housing crisis, noting that she agrees owning a home does help in retirement, but ... |
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