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Showing 3171 - 3180 of 28255 results for "NOT"

New bill to strip treasurer of RBA monetary policy veto powers

ANDREW MCKEAN  |  MONDAY, 27 NOV 2023
The government will introduce a bill to parliament this week that proposes abolishing the treasurer's power to override the Reserve Bank of Australia's (RBA's) monetary policy decisions. Treasurer Jim Chalmers today announced the government's plans ...

LGT Crestone offers exclusive access to the Princely family fund

CHLOE WALKER  |  MONDAY, 27 NOV 2023
... markets assets, including private equity, which have historically been a source of outperformance to public markets and are not otherwise easily accessible. "We expect our Australian clients will be attracted to the long-term investment philosophy supported ...

Betashares launches cash plus managed fund

CASSANDRA BALDINI  |  MONDAY, 27 NOV 2023
... cash flow. Betashares explained that when launched, the CFLO will provide exposure to a portfolio of 200 global companies, not including Australia, that demonstrate strong and consistent free cash flow generation. Some of the companies include Microsoft ...

Treasury mulls reforming use of genetic test results by life insurers

JAMIE WILLIAMSON  |  MONDAY, 27 NOV 2023
... disclose the results of genetic tests to insurers when applying for cover. This was because there were concerns consumers would not undertake testing if they thought it might adversely impact the cost of their insurance. Under the moratorium, insurers ...

AustralianSuper slams Brookfield's Origin Energy bid

ANDREW MCKEAN  |  FRIDAY, 24 NOV 2023
... their best financial position in retirement," it said. "The challenge facing the nation as we work towards net zero by 2050 is not a lack of capital but rather a shortage of good quality investment opportunities."

Inflation problem is homegrown: Bullock

KARREN VERGARA  |  FRIDAY, 24 NOV 2023
... Forum, Bullock lauded the RBA's modus operandi of rapidly hiking interest rates since May 2022, signalling that she will not hesitate to continue to do so if prices continue to elevate. In analysing the RBA's November 7 minutes, which were released ...

Small-cap shares set to soar: Flinders

CHLOE WALKER  |  FRIDAY, 24 NOV 2023
... the most part this has come down to poor investor confidence," Macdougall said. "However, the macroeconomic conditions have not been as bad as people initially feared, and as such, small companies themselves have not done nearly as bad financially as ...

Maple-Brown Abbott loses sales head

ELIZABETH FRY  |  FRIDAY, 24 NOV 2023
Maple-Brown Abbott distribution head Duncan Hodnett has jumped across to a specialist middle-market corporate direct lending fund manager in the same role. Hodnett - who was with the boutique fund manager for almost four years - has joined Epsilon Direct ...

Mercer fined $12m over advice failures

JAMIE WILLIAMSON  |  THURSDAY, 23 NOV 2023
... Federal Court found it failed to meet some disclosure obligations and charged almost $5 million in fees to clients when it was not entitled to do so. Mercer admitted that, between July 2016 and June 2019, it failed to invite more than 800 clients to ...

AMP to pay $100m to settle BOLR class action

JAMIE WILLIAMSON  |  THURSDAY, 23 NOV 2023
... possible". AMP said the settlement covers the class action in its entirety, including where no judgement has been made. It is not an admission of liability and is still subject to approval by the Federal Court, it said. Speaking to Financial Standard ...