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Showing 251 - 260 of 4269 results for "Yesterday"

FPA voices concern on proposed CSLR, FAR laws

ANDREW MCKEAN  |  FRIDAY, 10 MAR 2023
... Australian Financial Complaints Authority (AFCA), including managed investment schemes (MIS)," Abood said. Of note, yesterday Treasury announced the start of its review of the regulatory framework for MIS, aimed at identifying gaps and potential areas ...

US interest rates may go higher than expected: Powell

CASSANDRA BALDINI  |  THURSDAY, 9 MAR 2023
... economic data, said Federal Reserve chair Jerome Powell before the House Financial Services Committee. Providing testimony yesterday, Powell explained the Fed will continue to make decisions "meeting by meeting", taking into account the totality of the ...

Review of managed investment schemes kicks off

JAMIE WILLIAMSON  |  THURSDAY, 9 MAR 2023
... part of the Albanese government's first federal budget in October 2022 and received strong support at the time. Yesterday, minister for financial services Stephen Jones said it's the next step in ensuring investors are protected, noting that ...

We are closer to a pause: Lowe

CASSANDRA BALDINI  |  WEDNESDAY, 8 MAR 2023
The Reserve Bank of Australia (RBA) delivered its tenth consecutive rate hike, raising the cash rate by 25bps to 3.60%, however RBA governor Philip Lowe signaled a break could be in sight. "We are closer to a pause," Lowe said today while speaking at ...

Australian Unity kicks off capital raise

CHLOE WALKER  |  TUESDAY, 7 MAR 2023
... today has more than 10,000 investors and owns 99 healthcare-related assets across Australia. The offer, which launched yesterday and will close on March 31, will include a $150 million non-renounceable rights issue offer to existing investors and a $200 ...

Spirit Super negotiates premium drop

CASSANDRA BALDINI  |  MONDAY, 6 MAR 2023
... between 14.2% and 24.8%, while income protection cover will drop by 7.7%. The new agreement with MetLife came into effect yesterday. Spirit Super chief executive Jason Murray said the fund has been working hard for Australians. "And at a time of high ...

Chalmers' promise to end super wars foiled by criticism

ANDREW MCKEAN  |  THURSDAY, 2 MAR 2023
... seemingly unnecessary complexities and disruption to markets as well as individual retirement plans. "The approach announced yesterday suggests the main issue the government is grappling with is not the presence of large balances in the super system ...

ART appoints new board, investment committee members

ANDREW MCKEAN  |  WEDNESDAY, 1 MAR 2023
... Burgess will join ART as a board director and member of the investment committee in mid-2023. Burgess announced just yesterday he would retire as a board member and investment committee chair of HESTA. He has also been chief executive and chief investment ...

Former Big Un chief charged with insider trading

CASSANDRA BALDINI  |  WEDNESDAY, 15 FEB 2023
... company. Evans, also known as Richard Simon Evertz, was represented by his lawyer in the Downing Centre Local Court yesterday. The corporate watchdog alleges that roughly around 10 January 2017, Evans made the offence and communicated the information ...

"A lawyer's picnic": QAR report slammed

JAMIE WILLIAMSON  |  THURSDAY, 9 FEB 2023
... existing accessibility and affordability issues which are part of the reason for this review." Responding to the proposal yesterday, Association of Financial Advisers chief executive Phil Anderson said there would need to be controls around the kinds ...