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Showing 291 - 300 of 5387 results for "Federal"

Monetary policy to underscore 2025 allocations

ANDREW MCKEAN  |  FRIDAY, 10 JAN 2025
... "That deficit means that the prospects of any meaningful decline in bond yields are looking less than assured, even if the Federal Reserve might (cautiously) take the policy rate lower. Despite that worrisome circumstance, the US political class has ...

Chalmers boasts inflation data, experts divided

ELIZA BAVIN  |  THURSDAY, 9 JAN 2025
... conclusions." The CPI data showed the biggest fall in monthly CPI came from electricity, which was down 21.5% thanks to state and federal government subsidies. However, Chalmers said these falls would have come eventually and the government was able ...

Court sentences Ponzi scheme promoter

KARREN VERGARA  |  MONDAY, 23 DEC 2024
The Federal Court has sentenced the promoter of Courtenay House for his involvement in one of the country's biggest Ponzi schemes. David Sipina was handed down three years' imprisonment to be served via an intensive correction order after pleading ...

Court finds CFD issuers engaged in 'unconscionable conduct'

ELIZA BAVIN  |  MONDAY, 23 DEC 2024
The Federal Court has found that collapsed contracts for difference (CFD) issuer, Union Standard International Group (USG) and two of its former corporate authorised representatives, BrightAU Capital (trading as TradeFred) and Maxi EFX Global AU (trading ...

Superhero Super assets to swell via fund transfer

JAMIE WILLIAMSON  |  FRIDAY, 20 DEC 2024
... about 76,000 members. "In recent years, there has been a substantial increase in regulatory changes introduced by both the federal government and regulatory bodies. These changes have significantly raised the complexity and cost of administering superannuation ...

What you read in 2024

ELIZA BAVIN  |  FRIDAY, 20 DEC 2024
... incidents and breaches since they partnered which have had a material impact on the fund and its members. ESSSuper filed Federal Court proceedings against Iress and its Financial Synergy Holdings subsidiary, claiming material breaches of contract and ...

Chalmers defends budget deficits in MYEFO

ELIZA BAVIN  |  WEDNESDAY, 18 DEC 2024
... Treasurer's positive spin, Deloitte Access Economics partner Cathryn Lee said the MYEFO "confirms the inevitable". "The federal budget's bottom line is deteriorating under the weight of escalating spending and Australia's economic challenges," Lee said. ...

JBWere partners to launch fixed income funds

MATTHEW WAI  |  TUESDAY, 17 DEC 2024
... allocated a record $6.26 billion to managed fixed income funds in the first half of the year," Saadie said. "Now, with the US Federal Reserve easing and inflation moderating, there is a timeliness to clients having access to expertly managed portfolios ...

ASIC sues HSBC Australia over $23m scam losses

MATTHEW WAI  |  MONDAY, 16 DEC 2024
ASIC has launched legal proceedings against HSBC Bank Australia in the Federal Court, alleging the latter failed to "adequately protect customers", resulting in losses of about $23 million through nearly 1000 unauthorised transactions. ASIC said the ...

Crypto operator to fork out millions after court ruling

ANDREW MCKEAN  |  FRIDAY, 13 DEC 2024
... repaid in either digital assets like bitcoin or national currencies, without a target market determination (TMD). The Federal Court, however, found that the product was a credit facility and therefore required a TMD, meaning each time it was offered ...