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Showing 1991 - 2000 of 14210 results for "Interest"

Lowe reinforces more hikes may come

ANDREW MCKEAN  |  THURSDAY, 6 APR 2023
The Reserve Bank of Australia (RBA) hit pause on interest rate hikes this week, but RBA governor Phillip Lowe has told the National Press Club that doesn't mean they're off the table altogether. In an address, Lowe said the decision to hold ...

Consumer interests prioritised in YFYS review

ANDREW MCKEAN  |  WEDNESDAY, 5 APR 2023
Industry groups have welcomed the Your Future, Your Super (YFYS) review's focus on consumer interests by targeting poor performing super funds. Responding to yesterday's release, Financial Services Council (FSC) commended the government for ...

Startup founder charged for defrauding JPMorgan

JAMIE WILLIAMSON  |  WEDNESDAY, 5 APR 2023
... accountable as in this case." The SEC is seeking injunctive relief, an officer and director bar, disgorgement and prejudgment interest thereon, and civil penalties, it said. At the same time, the US Attorney's Office for the Southern District of ...

Maple-Brown Abbott relaunches sustainable fund

CASSANDRA BALDINI  |  WEDNESDAY, 5 APR 2023
The fund manager has repositioned the Maple-Brown Abbott Responsible Investment Fund and relaunched it as the Maple-Brown Abbott Australian Sustainable Future Fund. The changes include updates to the screening process that look to ensure all portfolio ...

Global X debuts US corporate bond ETF

ANDREW MCKEAN  |  WEDNESDAY, 5 APR 2023
... impacted fixed income markets, especially in the US, driven by events like the Silicon Valley Bank collapse and persistent interest rate hikes from the Federal Reserve. "... many investors are consequently looking to bonds as a safe haven," he said. ...

RBA steadies cash rate, flags more hikes

KARREN VERGARA  |  WEDNESDAY, 5 APR 2023
... board's decision, Lowe argued that it takes time for the full effect of the increases to set in. "The decision to hold interest rates steady this month provides the board with more time to assess the state of the economy and the outlook, in an environment ...

Linchpin, Endeavour directors found guilty

JAMIE WILLIAMSON  |  TUESDAY, 4 APR 2023
The Federal Court has determined that four current and former directors of the now defunct Linchpin Capital Group and Endeavour Securities breached their duties and didn't serve investors' best interests. The court found that, between 2015 and ...

Jones releases Your Future, Your Super review outcomes

KARREN VERGARA  |  TUESDAY, 4 APR 2023
... with stakeholders and Treasury to ensure that members get the best possible outcomes." Super funds' Best Financial Interest Duty obligations will remain as is. "Ultimately every dollar spent will have an impact on member fees, which in turn directly ...

Former Octaviar director sees charges dropped

CHLOE WALKER  |  TUESDAY, 4 APR 2023
... (OIH3). ASIC said the CDPP decided to withdraw the charges because it considered that it was no longer in the public interest to continue with the prosecution given new and compelling medical evidence about the poor state of Anderson's health. Anderson ...

Harvest Lane backs US cybersecurity firm

CHLOE WALKER  |  TUESDAY, 4 APR 2023
Harvest Lane Asset Management (Harvest Lane) led a $17.2 million funding round for cybersecurity company Votiro, with the investment chief joining the technology firm's board. The new funding aims to accelerate Votiro's global marketing and sales reach ...