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Showing 201 - 210 of 1325 results for "AFFECTED"

Super, advice class actions dampen CBA results

KARREN VERGARA  |  WEDNESDAY, 15 FEB 2023
... (CFSIL) kept members from the CFS FirstChoice Fund and Commonwealth Essential Super invested in in-house products. It also affected members in the FirstWrap Pooled Cash Account who earned lower interest rates well below the market so that for CFSIL could ...

Productivity Commission kicks off philanthropy review

CHLOE WALKER  |  MONDAY, 13 FEB 2023
... recent years, Leigh said, with not-for-profits mobilising monetary donations, supplies, and volunteers to support those affected by the COVID-19 pandemic, natural disasters, and the rising cost of living. "As we confront these and other challenges, not ...

Government progresses social housing measures

KARREN VERGARA  |  FRIDAY, 10 FEB 2023
... 2023, some $10 billion will be used to deliver 30,000 social and affordable homes. This includes 4000 homes for families affected by domestic violence and older women at risk of homelessness. An additional $330 million will be spent on repairing and ...

APAC airports well positioned for recovery: Study

CHLOE WALKER  |  FRIDAY, 13 JAN 2023
... debt-hedging policies, should offset near-term pressures from high inflation and rising interest rates. "Ports may be most affected by the deteriorating global economic conditions, although Fitch expects the sector's fundamentals to remain robust due ...

Life insurer claims under regulator watch

CHLOE WALKER  |  MONDAY, 12 DEC 2022
... received breach reports from seven life insurers for the miscalculation of life insurance benefits, which resulted in affected customers being either under or overpaid on their claims. According to ASIC, the seven life insurers have implemented system ...

Vanguard cops fine for greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 2 DEC 2022
... identified an "inadvertent error" in the PDS, self-reported that error to ASIC, and issued a supplementary PDS for each affected fund, correcting the error. ASIC was concerned that Vanguard "may have been liable to mislead the public by overstating an ...

RBA governor cites climate, energy transition in inflation response

RACHEL ALEMBAKIS  |  WEDNESDAY, 23 NOV 2022
... where recent floods are one of the factors pushing inflation up at present. But it is not just food production that is affected by extreme weather. "It also disrupts the production of commodities and the transport and logistics industries. These disruptions ...

Never been more optimistic: Abood

CASSANDRA BALDINI  |  WEDNESDAY, 23 NOV 2022
... she acknowledged the difficulties the industry has faced in recent times. "Our profession, of course, has been deeply affected by Covid and not just in the obvious ways," she said. She said demand for financial advice over the pandemic period has skyrocketed. ...

ANZ told to pay $25m for 20-year failure

JAMIE WILLIAMSON  |  THURSDAY, 27 OCT 2022
... said. "The nature and extent of the contraventions was such that they occurred over a substantial period of time and affected a large number of customers, leading to a significant amount of money needing to be remediated, the presiding Justice O'Callaghan ...

CommSec, AUSIEX to pay $27m penalty

JAMIE WILLIAMSON  |  WEDNESDAY, 26 OCT 2022
... conduct is properly characterised as being extensive and systematic, occurring over an extended period of time, which affected multiple aspects of the businesses of both CommSec and AUSIEX." The court also held that CommSec made a false or misleading ...