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Showing 261 - 270 of 4376 results for "Commonwealth"

Retail funds drive down admin fees: KPMG

KARREN VERGARA  |  TUESDAY, 28 MAY 2024
... Sachs & JBWere Superannuation Fund that costs $1326. ANZ Staff Super was the cheapest per member at $9, followed by Commonwealth Super Corporation (CSC) at $87, Hostplus at $98 and Mercer's $112. KPMG also found that the size of fund by membership ...

Former licensee chief takes new role

JAMIE WILLIAMSON  |  FRIDAY, 24 MAY 2024
... three. She has also previously served as head of advice business services at Colonial First State and led strategy for Commonwealth Financial Planning for two years. She also held senior roles at ANZ in advice and lending. "Helen is an experienced wealth ...

RBA hints another rate rise could be on the cards

ELIZA BAVIN  |  WEDNESDAY, 22 MAY 2024
... resumption of rate hike discussions in May follows the removal of that deliberation at the March board meeting," Commonwealth Bank senior economist Belinda Allen said. "Stronger economic data, including the Q1 24 CPI print, caused the rate hike discussion. ...

Seven fund managers scoop up First Sentier mandates

KARREN VERGARA  |  MONDAY, 20 MAY 2024
... 2019 for $4.2 billion. It was previously known as Colonial First State Global Asset Management when it was owned by Commonwealth Bank. Last week, a Mitsubishi UFJ Financial Group subsidiary finalised its acquisition of Link Group, which sees the rebirth ...

BitConnect promoter pleads guilty

KARREN VERGARA  |  MONDAY, 20 MAY 2024
... services about the Lending Platform and BCC. He will be sentenced on July 5, with the matter being prosecuted by the Commonwealth Director of Public Prosecutions. The judge withdrew a related charge of operating an unregistered managed investment scheme ...

Budget 2024: Cost of living relief takes centre stage

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... also receive some reprieve with the government providing $1.9 billion over five years to increase maximum rates of Commonwealth Rent Assistance by a further 10%. This builds on the 15% increase in September 2023 and will take maximum rates over 40% higher ...

Budget 2024: Additional $11.3bn promised for housing

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... territories to combat homelessness, provide crisis support and build and repair social housing. This includes a doubling of Commonwealth homelessness funding to $400 million every year, matched by states and territories. The new investment builds on ...

Budget 2024: Government heeds industry calls to better support women

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
... paying superannuation on government paid parental leave. He reinforced that, if Labor wins the next election the Commonwealth Paid Parental Leave (PPL) scheme will include Superannuation Guarantee contributions from 1 July 2025. "... we are very proud ...

Iress says its GitHub user space was breached

JAMIE WILLIAMSON  |  MONDAY, 13 MAY 2024
... the efficiency and creativity of its software development team by streamlining code creation and review." Meantime, Commonwealth Bank was also among the first in Australia to use GitHub Copilot, with ANZ Bank signing up shortly after. Financial Standard ...

Federal Court rejects two CBA class actions

KARREN VERGARA  |  MONDAY, 13 MAY 2024
The Federal Court shut down two class actions against Commonwealth Bank of Australia (CBA) relating to anti-money laundering and counter-terrorism financing (AML/CTF). AUSTRAC alleged as early as 2017 that the bank contravened the Anti-Money Laundering ...