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Showing 11 - 20 of 151 results for "Poorer"

ASIC releases legal obligations for private credit funds

ELIZA BAVIN  |  TUESDAY, 9 DEC 2025
... services laws. Earlier this year, ASIC called on the private credit industry to lift its practices following observations of poorer practices. ASIC said if "done well", private credit can complement the banking system and provide further opportunities ...

ASIC eyeing advisers recommending private credit funds

ELIZA BAVIN  |  WEDNESDAY, 3 DEC 2025
... manner could allow some fund members to exit at a higher price, at the expense of the remaining investors. "Some of the poorer valuation practices we observed involved infrequent valuations, incomplete or absent valuation policies, insufficient independence ...

ASIC not acting as a 'market maker': Constant

ELIZA BAVIN  |  FRIDAY, 14 NOV 2025
... investment has grown around 500% in a decade. "Put that growth rate, put the risks if we get this wrong and our kind of poorer practices that we've seen in the surveillance report, some of our enforcement work is showing that, like the risk of harm ...

Private credit funds downplay risks, pose risk to financial system: ASIC

KARREN VERGARA  |  WEDNESDAY, 5 NOV 2025
... to retail clients through direct and advised channels. "In due course, we will also seek to address areas of identified poorer practices within wholesale private credit funds by updating our regulatory guidance to make it more clearly applicable to wholesale ...

Senate calls to overhaul super fund boards

ELIZA BAVIN  |  FRIDAY, 14 FEB 2025
... choose to have their retirement savings managed by a profit-to-member fund with equal representation - and risk making them poorer in retirement."

Most retirees who rent live in poverty: Grattan Institute

ANDREW MCKEAN  |  MONDAY, 10 FEB 2025
... who rent are struggling to get by. The report said Commonwealth Rent Assistance, which supplements the Age Pension for poorer retirees who rent, is inadequate. After covering essential non-housing costs, a single age pensioner receiving the full rate ...

Chief executive misbehaviour stifles investment returns

ANDREW MCKEAN  |  THURSDAY, 23 JAN 2025
... to sharpen their focus on management quality and corporate governance to avoid being caught off guard, as companies with poorer corporate behaviour and culture have "consistently underperformed their peers both in Australia and globally," the firm's ...

Government bolsters funding for payday super reforms

ANDREW MCKEAN  |  THURSDAY, 19 DEC 2024
... "Unpaid super locks too many Australians out of the full transformative benefits of our retirement system and leaves people poorer when they retire. A unified push is needed to stamp it out," she said. ASFA chief executive Mary Delahunty also noted that ...

Nobel laureates link economic prosperity to colonialism

JAMIE WILLIAMSON  |  TUESDAY, 15 OCT 2024
... they were colonised over time became more prosperous. However, those that were rich at the time of colonisation have grown poorer since. This is an important reason for why former colonies that were once rich are now poor, and vice versa, The Royal Swedish ...

Payday Super penalties ramped up ahead of legislation

JAMIE WILLIAMSON  |  WEDNESDAY, 18 SEP 2024
... "Unpaid super locks too many Australians out of the full transformative benefits of the retirement system and leaves people poorer when they retire. A unified push is needed to stamp it out." Over the last nine years, Australians have missed out on $41.6 ...