Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 201 - 210 of 923 results for "Maximum"

Foreign investment fees to double

JAMIE WILLIAMSON  |  FRIDAY, 22 JUL 2022
... agricultural, and commercial land and their cost, starting at $13,200 for acquisitions of $1 million or less, rising to a maximum fee of $1.045 million where the investment is greater. Chalmers said the changes are necessary to ensure the cost of administering ...

Fraud charges laid over unlicensed scheme

CASSANDRA BALDINI  |  WEDNESDAY, 20 JUL 2022
... carrying on a financial services business without an AFSL or operating an unregistered managed investment scheme. The maximum penalty for each offence of fraud under the Criminal Code WA is seven years' imprisonment, or 10 years if the person deceived ...

Mirvac to become trustee of AWOF

ANDREW MCKEAN  |  TUESDAY, 19 JUL 2022
... business to Dexus, which is currently anticipated for the end of September." Though, Dexus and AMP explained that the maximum earnout payable to AMP under the sale terms has been reduced to a maximum of approximately $75 million. This is a result of ...

Victorian AR charged with providing unlicensed advice

CASSANDRA BALDINI  |  WEDNESDAY, 13 JUL 2022
... wasn't the case. On the occasions where consumers allegedly followed Bhandari's advice, his business received fees. The maximum penalty for an individual person found guilty of engaging in dishonest conduct in the course of carrying on a financial ...

July 1 super changes: Are you ready?

CASSANDRA BALDINI  |  THURSDAY, 30 JUN 2022
... as long as the contribution is made within 90 days of settlement," says Challenger technical analyst Mansi Desai. The maximum that can be contributed is $300,000 per member of a couple, or $600,000 per couple. The maximum amount of voluntary contributions ...

Former adviser charged over faked books

CHLOE WALKER  |  TUESDAY, 28 JUN 2022
... "ASIC will continue to take action where the conduct of financial advisers is inadequate". If prosecuted, Nguyen faces a maximum of two years' imprisonment. The matter is to be heard before the Adelaide Magistrates Court in August.

AMP North caps fees to expand adviser footprint

ANDREW MCKEAN  |  TUESDAY, 28 JUN 2022
AMP is lowering the maximum administration fees charged for MyNorth Investment and MyNorth Super accounts on its North platform. According to an AMP statement, the new limits on administration fees as part of an effort to push further into the IFA market. ...

Centrepoint says Diverger offer overlooks strategic value

JAMIE WILLIAMSON  |  MONDAY, 27 JUN 2022
... shareholders a mixture of cash and Diverger shares, with each Centrepoint share valued at $0.325. It's expected the maximum consideration for both would total $31.8 million and $31.8 million, respectively. If successful, Diverger's financial ...

Diverger makes $65m bid for Centrepoint Alliance

JAMIE WILLIAMSON  |  FRIDAY, 24 JUN 2022
... shareholders would receive a mixture of cash and Diverger shares, with each Centrepoint share valued at $0.325. It's expected the maximum consideration for both would total $31.8 million and $31.8 million, respectively. The offer price represents a 30% ...

Corporate advisor charged over $2m theft

CASSANDRA BALDINI  |  WEDNESDAY, 22 JUN 2022
... The firm has made clear Torre has never been an employee or associate. Under the Western Australian Criminal Code, the maximum penalty for each offence of stealing is seven years' imprisonment and the maximum penalty for each offence of fraud is ...