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Showing 271 - 280 of 2681 results for "Fair"

Wages grow 3.5% for the year

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2024
... the same period in 2023 (up 5.4%). "Wage rises for many jobs can be directly or indirectly linked to the outcomes of the Fair Work Commission Annual Wage Review decision," Marquardt said. "The latest decision of a 3.75% wage increase paid from 1 July ...

Magellan chief operating and financial officer departs

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2024
Magellan Financial Group announced Kirsten Morton has resigned as chief operating officer and chief financial officer. Morton started with the group in June 2013 in the joint role of chief financial officer and chief operating officer. She also served ...

Outdated super rule costs teens $10k at retirement

MATTHEW WAI  |  TUESDAY, 12 NOV 2024
... hours a week and are not eligible for compulsory super contributions." "It's essential that all young workers can have a fair start with super and can receive the benefit of compounding returns from day one of their working life. "A consistent approach ...

GQG's FUM pulls back, breaks six-month streak

ANDREW MCKEAN  |  FRIDAY, 8 NOV 2024
... director Laird Abernethy told Financial Standard that scepticism around whether active mangers can consistently outperform is fair, as many simply don't. GQG's strategies, however, belong to an exclusive club of long-only active equity funds ...

Fed cuts rates as Powell is questioned on Trump win

ELIZA BAVIN  |  FRIDAY, 8 NOV 2024
... 4.50%-4.75%. Powell noted that the election will have no impact on policy decisions, but he did acknowledge that there is a fair amount of uncertainty ahead. Importantly, Powell decisively said that he would not resign if asked to leave by Trump, after ...

Qantas Super standardises offset account investments

ANDREW MCKEAN  |  WEDNESDAY, 6 NOV 2024
Qantas Super is changing the way most offset accounts are treated for members in its defined benefit (DB) divisions. The corporate fund, which is set to merge with Australian Retirement Trust (ART) in the first half of 2025, will have current and new ...

JP Morgan subsidiaries fined $230m by regulator

JAMIE WILLIAMSON  |  FRIDAY, 1 NOV 2024
The fine relates to several failures by J.P. Morgan Securities and J.P. Morgan Investment Management, including recommending more expensive mutual funds when almost identical ETFs were available much cheaper. J.P. Morgan Securities (JPMS) and J.P. Morgan ...

Gap exists between licensees' AI use and governance processes: ASIC

MATTHEW WAI  |  TUESDAY, 29 OCT 2024
The regulator's inaugural report on use of artificial intelligence by licensees found instances of artificial intelligence (AI) use that was at risk of being at odds with their regulatory obligations. ASIC reviewed more than 600 AI use cases across ...

Regal indicted for alleged short-selling breach

KARREN VERGARA  |  MONDAY, 21 OCT 2024
... naked short-selling activities taking place routinely, which it said, "could potentially disrupt domestic stock markets' fair pricing function". The ban was extended to March 2025. Regal said that RFM is yet to receive a copy of any indictment. "Regal ...

Liberal MPs slammed for 'dangerous' super policy

ELIZA BAVIN  |  WEDNESDAY, 16 OCT 2024
... Women in Super priorities include that every woman retires with an adequate income; better support for women retiring now; fair, equitable and sustainable system - starting with aligning the LISTO to income tax thresholds and indexing it; value and share ...