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Showing 2411 - 2420 of 28255 results for "NOT"

Australia sees jump in zombie companies

ELIZA BAVIN  |  THURSDAY, 8 AUG 2024
... number of financially unstable zombie companies, global share prices have continued to rise, indicating that the market is not concerned about the potential negative impact of these companies on the economy. In addition, stress tests on 45,000 active ...

Asset management brand power a 'critical differentiator': ISS

ANDREW MCKEAN  |  THURSDAY, 8 AUG 2024
... than 900 advisers, asking for their opinions on branding and engagement with asset managers, ISS determined that advisers not only need to trust the firms they're willing to let manage client money, but rely on strong brands to guide their decision-making ...

AFSLs can lose licence on CSLR intervention

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2024
... payment and under that legislation ASIC is then required to cancel the licence of that entity." While the cancellation might not be "automatic" per se, Berry said such action ultimately sits with ASIC and how it carries it out. "But the legislation is ...

Another chair for Sequoia

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2024
The leadership tumult at Sequoia Financial Group continues as it appoints another chair in less than four months. Sequoia today announced that Mike Ryan is its new non-executive chair, replacing Charles Sweeney who assumed the role on April 18. The ...

RBA on hold: Experts split on 2024 cut

ELIZA BAVIN  |  WEDNESDAY, 7 AUG 2024
... 4.35% at its August board meeting. RBA governor Michele Bullock said the case for an interest rate cut in the near-term was not a likely scenario. "Based on what I know today and what the board knows today, what we can say is that a near-term reduction ...

Chalmers 'confident but not complacent' on economic prospects

ELIZA BAVIN  |  WEDNESDAY, 7 AUG 2024
... growth and tech earnings in the US, as well as rising Japanese interest rates impacting Asian markets as well. Australia's not immune from these global developments," Chalmers said at a press conference. However, Chalmers said despite the volatility ...

Choice products require fairer framework: FSC

KARREN VERGARA  |  TUESDAY, 6 AUG 2024
... performance test so it only applies to MySuper and simple Choice products. "Failure of a broad Choice investment option does not necessarily mean the investment option isn't delivering for members (overall member strategy would need to be assessed ...

Chief financial officer roles 'widely ambiguous': Research

ELIZA BAVIN  |  TUESDAY, 6 AUG 2024
... interviews with 12 chief financial officers from Australia and Sri Lanka across a range of industry settings in both the profit and not-for-profit sectors, including mining, education, healthcare, pharmaceutical and financial services, and professional ...

Markets melt down over 'premature' recession fears

ELIZA BAVIN  |  TUESDAY, 6 AUG 2024
... recession - mostly seen as premature - spurred warnings that this year's sizzling stock rally has gone too far," Ho said. "Not since March 2020, when markets were spooked by the outbreak of the COVID-19 pandemic, has the ASX experienced such a vicious ...

Mercer Super cops landmark $11.3m greenwashing penalty

KARREN VERGARA  |  FRIDAY, 2 AUG 2024
... undertaken a comprehensive review of our internal marketing processes and procedures." It went on to say that the "issues were not intentional and we apologise to our members and clients" and that it will not use member funds to pay the penalty. ASIC ...