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Showing 2801 - 2810 of 28255 results for "NOT"

Australian housing crisis escalates as affordability worsens

ANDREW MCKEAN  |  MONDAY, 8 APR 2024
... the reserve bank will maintain a higher-for-longer cash rate. "We still expect the first rate cut of 25 basis points will not be until November 2024; and the RBA will lag global easing," UBS economists said. "We still see a relatively slow easing cycle ...

James Mawhinney applies to have ASIC's case struck out

ELIZA BAVIN  |  MONDAY, 8 APR 2024
... case in 2020, in which Mayfair's entities were found liable and issued a $30 million penalty. The lawyers claim Mayfair was not legally represented at the trial of the misleading or deceptive conduct matter, because of orders obtained by ASIC, meaning ...

Super advice fee deductions compound red tape: JAWG

KARREN VERGARA  |  MONDAY, 8 APR 2024
... agreed between a member and their financial adviser from the member's superannuation account and ensure that such fees are not taxable benefits for members. The regulation mandates that the financial product advice "must be personal advice that is ...

Non-compete clauses come under the microscope

ELIZA BAVIN  |  MONDAY, 8 APR 2024
... economist Jack Buckley said. "Firms are also planning to increase their use of these restraints. Roughly one in five firms who do not currently use non-competes say that they will likely do so in the future." There are large differences in the use of ...

Super funds' IDR process weak, inadequate: AFCA

KARREN VERGARA  |  FRIDAY, 5 APR 2024
Superannuation funds are increasingly flouting their internal dispute resolution (IDR) process and are not doing enough to resolve member complaints before they reach the Australian Financial Complaints Authority (AFCA). The complaints authority warned ...

Court delays DASS class action settlement approval

KARREN VERGARA  |  FRIDAY, 5 APR 2024
... Residential Property Fund (URF). Victims argued that Dixon financial advisers invested their money in the in-house product by not considering their best interest. Last November, E&P settled the lawsuit for $16 million and was due to be approved by the ...

Frontier promotes four staff members

ELIZABETH FRY  |  FRIDAY, 5 APR 2024
... superannuation funds. The promotions follow last week's new hire from Zenith Investment Partners to work with clients in the not-for-profit sector and the arrival of the inaugural members of Frontier's entry-level analyst pool. James Damicoucas ...

Treasury mulls transfer balance credit provision reforms

JAMIE WILLIAMSON  |  THURSDAY, 4 APR 2024
... consulting on changes to provisions afforded to super fund members with a capped defined benefit income stream to ensure they are not negatively impacted in the event of a merger. Under current legislation, when a super fund merges, a member's transfer ...

Powell confirms rate cuts likely 'at some point' this year

ELIZA BAVIN  |  THURSDAY, 4 APR 2024
... central bank." Bedingfield said the global listed property market provides more diversification and access to sectors that are not readily available in markets like Australia. "With this in mind, we are seeing promising opportunities in several sectors ...

A quarter of advised Australians nervous about retirement

ELIZA BAVIN  |  THURSDAY, 4 APR 2024
Physical health and financial security are the primary factors influencing how content Australians in or near retirement are, according to a new report. Challenger's inaugural Retirement Happiness Index, in collaboration with independent research house ...