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Showing 261 - 270 of 5383 results for "Federal"

Court acts against two with links to Shield Master Fund

JAMIE WILLIAMSON  |  THURSDAY, 27 FEB 2025
The Federal Court has made orders against two individuals in connection to ASIC's investigation into the Shield Master Fund collapse. The $480 million Shield Master Fund collapse will likely see its 5800-plus investors cop significant losses, with the ...

Monetary policy not the only game in town: Brian Redican

ANDREW MCKEAN  |  TUESDAY, 25 FEB 2025
... Trump's tariff decisions will have a "much bigger impact" on inflation's direction over the next few years than any moves by Federal Reserve chair Jerome Powell. "We have no confidence in what Trump is actually going to do. We know the four things he's ...

Super fund investment in US to skyrocket

ELIZA BAVIN  |  MONDAY, 24 FEB 2025
... Super, UniSuper, and the Association of Superannuation Funds of Australia, will meet with government officials at the federal and state level, and their investment sector peers, over four days. Treasurer Jim Chalmers said he would also be attending the ...

Superannuation powerbrokers bound for US investment summit

ANDREW MCKEAN  |  FRIDAY, 21 FEB 2025
... Super, UniSuper, and the Association of Superannuation Funds of Australia, will meet with government officials at the federal and state level, and their investment sector peers, over four days. The delegates will join ambassador to the US, Kevin Rudd ...

Multiple account bungle costs AustralianSuper $27m

KARREN VERGARA  |  FRIDAY, 21 FEB 2025
The Federal Court today slapped AustralianSuper with a $27 million fine for dragging its feet on a multiple account bungle that lasted more than four years. Judge Hespe found that AustralianSuper failed to promptly identify and merge members' multiple ...

BUSSQ handed stricter licence conditions by APRA amid appeal

ANDREW MCKEAN  |  THURSDAY, 20 FEB 2025
After the Federal Court threw out BUSSQ's bid to overturn the regulator's additional licence conditions, the super fund is gearing up for another fight. APRA said the imposition of the additional licence conditions on BUSSQ are to safeguard ...

Why the RBA should not cut rates

ELIZA BAVIN  |  TUESDAY, 18 FEB 2025
... "afford to wait" before beginning the cutting cycle but added that the central bank is likely to deliver a cut before the federal election. "I think one of the things that will impact the decision, frankly, is... politically, they're probably in ...

Economist calls for 35bps rate cut

ELIZA BAVIN  |  MONDAY, 17 FEB 2025
... Unlike Bassanese, Solomon said Bullock will want to avoid making a larger cut after the 50bps cut delivered by the US Federal Reserve in September 2024 backfired. "[US Fed chair Jerome] Powell has only seen credibility continue to erode, facing dissent ...

Australians don't trust politicians with their super: FSC

ANDREW MCKEAN  |  TUESDAY, 11 FEB 2025
... Blake Briggs said Labor's perseverance in raising taxes is eroding Australian's trust in the government on the eve of the federal election. He called for the proposal to be shelved in favour of an economy-wide, evidence-based tax review after the next ...

Cbus faces fresh investigation over fund expenditure practices

ANDREW MCKEAN  |  TUESDAY, 11 FEB 2025
... the court enforceable undertaking, which are separate to the additional licence conditions, APRA can enforce them in the Federal Court. Cbus said the work program with the regulator builds on progress made in recent years to improve its operational risk ...