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Showing 221 - 230 of 4269 results for "Yesterday"

Adviser levy tripled, labelled "deeply unfair"

JAMIE WILLIAMSON  |  THURSDAY, 29 JUN 2023
... year will see financial advisers slugged $3217, as the levy freeze comes to an end. Under the estimated levies released yesterday, the levy to be paid per adviser has almost tripled from the $1142 that it was frozen at in recent years. Licensees will ...

Jones lifts adviser levy freeze, updates funding model

KARREN VERGARA  |  TUESDAY, 27 JUN 2023
... the industry funding model following a review. Assistant treasurer and minister for financial services Stephen Jones yesterday announced that he will not extend the temporary levy relief for advisers that was in place in 2020-21 and 2021-22. The levy ...

URF investors reject K2 as RE

KARREN VERGARA  |  TUESDAY, 20 JUN 2023
... Management as its new responsible entity. Unitholders of URF voted against appointing K2 Asset Management (KAM) as its RE yesterday at a general meeting, with 75.9% rejecting the move. This is despite E&P Investments' three other funds - CD Private ...

Cheques to wind down by 2030: Chalmers

CASSANDRA BALDINI  |  THURSDAY, 8 JUN 2023
... government plans to wind down outdated methods like cheques. Treasurer Jim Chalmers handed down a five-point strategic plan yesterday in front of the Australian Banking Association and said the vision is to create a modern, world-class system. In his ...

Coinbase sued as US crackdown continues

JAMIE WILLIAMSON  |  WEDNESDAY, 7 JUN 2023
... Coinbase for, among other things, allowing users to trade unregistered securities. It follows Binance being sued just yesterday. The SEC has accused Coinbase of breaking market rules, operating as a broker, clearing agency, and national securities exchange ...

ASX lays out five-year plan to restore trust

KARREN VERGARA  |  TUESDAY, 6 JUN 2023
... commitments and our expanded technology modernisation program." ASIC's ASX CHESS Special Report, which was handed down yesterday, highlighted key risk areas, one of which will force the ASX to increase its capacity to cater for unprecedented trading ...

TPB grilled over handling of PwC scandal

JAMIE WILLIAMSON  |  THURSDAY, 1 JUN 2023
... considered whether the consultant breached legislative requirements to act honestly and with integrity. Appearing in Canberra yesterday, TPB chief executive Peter de Cure faced aggressive questioning by Senator Barbara Pocock who ultimately wanted to ...

APRA probes super fund payments to unions

ANDREW MCKEAN  |  THURSDAY, 1 JUN 2023
During a Senate Economics Committee session yesterday, it was revealed that APRA is investigating the financial relationships between superannuation funds and unions. APRA deputy chair Margaret Cole confirmed the regulator's ongoing scrutiny into certain ...

Inflation rises to 6.8%

CASSANDRA BALDINI  |  THURSDAY, 1 JUN 2023
... from 6.3% to 6.8%, adding to theories Australians could be in for another rate hike. The latest CPI numbers, released yesterday by the Australian Bureau of Statistics (ABS), exceeded economist predictions of 6.4%, and shows inflation is still sitting ...

More PwC staff to go, will remain anonymous

CASSANDRA BALDINI  |  TUESDAY, 30 MAY 2023
... told the ABC PwC has simply sent nine people on an "extended holiday." "I think what we have seen is a trainwreck and yesterday a couple more carriages fell off," she said. "This is about a cover-up; this is about PwC trying to stem the flow of an artery ...