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Showing 221 - 230 of 5385 results for "Federal"

Federal Court hammers defunct advice firm with $11m penalty

ANDREW MCKEAN  |  MONDAY, 28 APR 2025
... self-managed super funds (SMSFs) and use those funds to purchase property through a related entity, Equiti Property. The Federal Court found that advice to 12 clients was "cookie cutter" and failed to consider their individual circumstances or objectives. ...

Private capital, active ETFs to continue shake up of financial services: Deloitte

KARREN VERGARA  |  MONDAY, 28 APR 2025
... offer a clear path forward for wholesale cross-border payments in the near term... President Trump has also called on federal agencies to spur the growth of "lawful and legitimate dollar-backed stablecoins" in a January executive order. These measures ...

Super lobbies welcome bipartisan support to fight financial abuse

ELIZA BAVIN  |  MONDAY, 28 APR 2025
The federal opposition has said, if elected at the upcoming federal election, it will work to fight against financial abuse. This comes after Labor senator Katy Gallagher and minister for social services Amanda Rishworth promised to introduce new measures ...

REITs see best start versus equities in a decade: Principal AM

ANDREW MCKEAN  |  THURSDAY, 24 APR 2025
... could lead to US stagflation. He said rising yields and slowing growth would be a headwind for real estate unless the Federal Reserve cuts rates to support employment. However, even if a moderate recession occurs, or if the US manages to avoid one, REITs ...

ASIC loses Block Earner case

KARREN VERGARA  |  WEDNESDAY, 23 APR 2025
The Federal Court has vindicated Block Earner by overturning a decision that it needed an AFSL to offer its Earner product and dismissing ASIC's appeal to impose penalties on the digital asset platform. Justices O'Callaghan, Abraham and Button ...

Spender criticises Labor's 'lack of urgency' on advice reforms

ELIZA BAVIN  |  THURSDAY, 17 APR 2025
Ahead of the federal election on May 3, independent member for Wentworth Allegra Spender criticised the government for its lack of action on urgent advice reforms. Speaking at the Financial Advice Association Australia's (FAAA) federal election ...

Div 296 must proceed to strengthen 'fairness' in superannuation: ASFA

MATTHEW WAI  |  THURSDAY, 17 APR 2025
Ahead of the federal election, the Association of Superannuation Funds of Australia (ASFA) has urged all contesting parties to consider its recommendations to "protect and strengthen" the super sector. The peak body is calling for specific reforms in ...

Shield Master Fund terminated, new receivers for Keystone Asset Management

KARREN VERGARA  |  WEDNESDAY, 16 APR 2025
... Mouawad and Michael Korda of KordaMentha were appointed as voluntary administrators of Keystone. On 5 September 2024, the Federal Court ordered to remove the prior administrators and have Jason Tracy and Lucica Palaghia from Deloitte appointed as the ...

Coalition targets 'ambitious' goal of 30k advisers

ELIZA BAVIN  |  TUESDAY, 15 APR 2025
... she was encouraged to see several of the Coalition's proposed measures aligned with the FAAA's priorities for the next federal government. These included the commitment to reforming the Compensation Scheme of Last Resort (CSLR), giving advisers access ...

Taxes and housing dominate election race

ELIZA BAVIN  |  MONDAY, 14 APR 2025
... submissions, the time has well and truly come for wider discussion about Australia's tax system," van Onselen said. "Our next federal government should announce a roadmap of how Australia will achieve meaningful tax reform. This needs to be the focus ...