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Showing 191 - 200 of 5383 results for "Federal"

ASIC places travel restriction on First Guardian RE directors

ELIZA BAVIN  |  WEDNESDAY, 2 JUL 2025
The Federal Court has granted a travel restriction order against Falcon Capital Limited directors David Anderson and Simon Selimaj, as the responsible entity of the First Guardian Master Fund, following an application from ASIC. The orders prohibit ...

Super a 'taxpayer subsidised inheritance scheme': Grattan

ELIZA BAVIN  |  TUESDAY, 24 JUN 2025
... a net saver in retirement," he said. "Their balances continue to grow for decades after they retire. And by 2060, the federal Treasury expects that one third of all withdrawals from super will be via bequest. So, it's really turned into a taxpayer subsidised ...

US-Iran tensions send markets into panic mode

ELIZA BAVIN  |  MONDAY, 23 JUN 2025
... elevated and/or sticky in many regions. Market participants had been pricing in rate cuts from central banks including the Federal Reserve in the second half of the year. That is now in question," Green said. "A sustained surge in oil makes rate cuts ...

Resilient job market reduces rate cut probability: Experts

MATTHEW WAI  |  FRIDAY, 20 JUN 2025
... only one rate cut is actually warranted. The situation in the US provides an interesting point of reference. "After the Federal Reserve held rates... the market is now predicting two rate cuts in the US for the remainder of the year... To us, this seems ...

Firms rebuffing AFCA determinations should be named: FAAA, professional bodies

KARREN VERGARA  |  TUESDAY, 17 JUN 2025
... consultation, which ended on June 13, proposed changes to AFCA's rules to reflect a recent authorisation condition issued by the federal government and to improve the effectiveness, transparency, and efficiency of its complaint-handling processes. Since ...

ASIC takes action on Australian Fiduciaries

KARREN VERGARA  |  MONDAY, 16 JUN 2025
... Global Multi-Strategy Fund. It ceased distributing units in the schemes in September 2023. ASIC said its application to the Federal Court seeks to preserve the assets of the scheme and obtain a clearer picture of the financial position of Australian ...

ASIC launches fresh inquiry into ASX

KARREN VERGARA  |  MONDAY, 16 JUN 2025
... December 2024 CHESS batch settlement failure and fold it into the broader Inquiry. ASIC is currently suing the ASX in the Federal Court for allegedly making misleading statements related to its CHESS replacement project. "While this inquiry is underway ...

Super tax requires a 'holistic' review: ASA

MATTHEW WAI  |  FRIDAY, 13 JUN 2025
The Australian Shareholders' Association (ASA) is urging the federal government to reconsider the proposed terms on the Division 296 superannuation tax. The super tax has received mixed opinions since its announcement, but the Labor government has insisted ...

AIOFP, FAAA encouraged by first meeting with Mulino

KARREN VERGARA  |  FRIDAY, 6 JUN 2025
... Minister's knowledge of our profession, you may recall he was Minister Shorten's adviser with FoFA leading into the 2013 Federal Election. I think the Minister is the most impressive with industry knowledge we have encountered in our 27-year ...

ASIC alleges Choosi flogged Hannover life insurance products

KARREN VERGARA  |  TUESDAY, 3 JUN 2025
ASIC has taken Choosi to the Federal Court for allegedly failing to provide a range of comparable options on life and funeral insurance policies to customers and instead flogging products solely from Hannover Life Re. From at least 1 July 2019 and to ...