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Showing 2531 - 2540 of 28255 results for "NOT"

RBA minutes confirm potential August rate hike

ELIZA BAVIN  |  WEDNESDAY, 3 JUL 2024
... possibility of a hike. The minutes also confirmed the RBA is vigilant to the upside risks for inflation, but the evidence was not yet sufficient that inflation won't return to the target range of 2% to 3% within a reasonable time. Commonwealth Bank senior ...

ATO seeks submissions on defining an 'employee'

ELIZA BAVIN  |  WEDNESDAY, 3 JUL 2024
... as an individual in their capacity as an employee. While this sounds quite straightforward, the term 'employee' is not defined in the Taxation Administration Act (TAA), therefore it has its ordinary meaning under common law. "In most cases, it ...

Rest's MySuper option returns 8.67% in FY24

ANDREW MCKEAN  |  WEDNESDAY, 3 JUL 2024
... global economy over the long-term. "... we are firmly of the view that the recent enthusiasm for AI and tech innovation is not simply a passing trend. We think more beneficial opportunities will appear thanks to the ongoing digitalisation of the economy ...

HESTA returns 9.1% to members

ANDREW MCKEAN  |  WEDNESDAY, 3 JUL 2024
HESTA's default MySuper balanced growth option has returned 9.1% over the last financial year. The option has averaged an annual return of 7.62% over the past 10 years. HESTA chief executive Debby Blakey said that despite ongoing uncertainty in financial ...

Iress hack investigation finds 20 OneVue files breached

JAMIE WILLIAMSON  |  TUESDAY, 2 JUL 2024
... accessed. In an update today, Iress said it's concluded its investigation into the incident, which occurred on May 13, and did not find any evidence that the Iress production environment, software or client data held on GitHub was accessed. However ...

Aviva exits Australia, shutters fund

KARREN VERGARA  |  TUESDAY, 2 JUL 2024
... Perpetual's The Trust Company, as the Responsible Entity (RE) of the fund, decided to shutter the fund on June 12 as it did not meet its long-term performance objective. Since inception, the fund returned 4.06% gross of fees at the end of May, while ...

Panel declares 'unacceptable circumstances' for Sequoia

KARREN VERGARA  |  TUESDAY, 2 JUL 2024
... Panel declared that rogue shareholders, which include Glennon Capital, seeking to gain control of Sequoia Financial Group were not transparent about their relationship and breached substantial shareholder laws. In an update to the ASX relating to the ...

WTW names new head for Australia and New Zealand

ANDREW MCKEAN  |  TUESDAY, 2 JUL 2024
WTW has appointed James Baum, formerly the global head of wholesale and specialty broking at Aon, as head of Australia and New Zealand, and head of corporate risk and broking, effective July 15. Baum held many leadership roles over his 18-year tenure ...

Family office buys into WNBL potential

JAMIE WILLIAMSON  |  TUESDAY, 2 JUL 2024
... younger girls aspiring for greatness, deserve better and we believe we can, with time, deliver something to be proud of, but do not underestimate the work and challenges ahead." NBL chief executive David Stevenson said the organisation intends to spend ...

ASIC calls out sloppy adviser data

KARREN VERGARA  |  MONDAY, 1 JUL 2024
... qualification to meet the requirements of the professional standard," ASIC said. Yet some qualifications marked as "approved" were not approved qualifications under the determination of the Financial Adviser Exam, Australian Qualifications Framework ...