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

Search Results

Showing 2351 - 2360 of 28255 results for "NOT"

Heightened costs push young Aussies to plan ahead: HESTA

MATTHEW WAI  |  TUESDAY, 27 AUG 2024
... security and the power of growing retirement savings over time." Adversely, more than half (51%) told HESTA that they did not alter their retirement plans, while 6% have been forced to either withdraw their super due to financial hardship or cut back ...

ASIC wins case against crypto exchange Kraken

ANDREW MCKEAN  |  MONDAY, 26 AUG 2024
... ASIC has won its case against Bit Trade, the operator of Kraken in Australia, after the crypto exchange was found to have not complied with design and distribution obligations when offering a margin trading product to its customers. Bit Trade's "margin ...

'Opaque asset class' needs regulation: Datt Capital

MATTHEW WAI  |  MONDAY, 26 AUG 2024
The investment manager is advocating for greater regulatory oversight of the private credit sector, pushing for a more secure and transparent investment environment. Labelling the asset class as "opaque," Emanuel Datt, chief investment officer at Datt ...

360 Capital returns to profit in FY24

KARREN VERGARA  |  MONDAY, 26 AUG 2024
... generate $3.7 million in gains. 360 Capital chief executive James Storey said the group is "now a sustainable business that is not reliant on one-off fees and with its track record of investing through the cycles and strong balance sheet" and that "it ...

Fed's Powell says 'time has come' to cut rates

ELIZA BAVIN  |  MONDAY, 26 AUG 2024
US Federal Reserve chair Jerome Powell has declared that inflation is on a sustainable path back to the 2% target and the "time has come" to start cutting interest rates. Powell spoke to global central bankers, policymakers, economists, and academics ...

Regulators given new powers to protect financial markets in crises

ANDREW MCKEAN  |  FRIDAY, 23 AUG 2024
... directions and rule-making powers for clearing and settlement facilities. It also gives them the power to ban people when they are not fit or proper or competent, and ensures that changes in control of any financial market infrastructure must be approved ...

Retirees not confident in Age Pension: Allianz Retire+

MATTHEW WAI  |  FRIDAY, 23 AUG 2024
... "Retirement needs to be completely reconsidered from all aspects, including how we plan financially," Stewart said. "It's not news that Australians are living longer, healthier lives and that today's retirees typically enjoy a more active lifestyle ...

ANZ hit with $250m capital penalty

ELIZA BAVIN  |  FRIDAY, 23 AUG 2024
... acknowledged that ANZ has launched investigations into the issues, but said they still raise prudential concerns that the bank has not adequately addressed deficiencies in controls, risk culture, governance, and accountability. On top of the $750 million ...

New bill seeks to block investments involving Cbus

ANDREW MCKEAN  |  THURSDAY, 22 AUG 2024
... Financial Standard that any suggestion that a super fund would be the recipient of funds via the HAFF is wrong. "A super fund is not involved in the design, construction, or approval of any of these projects," he said. "Once the settings are right and ...

Super on parental leave bill hits parliament

JAMIE WILLIAMSON  |  THURSDAY, 22 AUG 2024
... "A big part of that is explained by women taking breaks from the paid workforce while they're raising children and then not earning super. This bill is a significant win in redressing the inequity of missing out on super while on paid parental leave ...