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Showing 301 - 310 of 2376 results for "States"

Federal Reserve mulls central bank digital currency

JAMIE WILLIAMSON  |  FRIDAY, 21 JAN 2022
... entities, such as commercial banks, but this would be a liability of the Federal Reserve, the central bank explained. The paper states that while a CBDC could provide a safe, digital payment option, it may also have downsides. "They include how to ensure ...

Australian billionaires double fortunes during pandemic: Oxfam

CHLOE WALKER  |  MONDAY, 17 JAN 2022
... double, from $1.9 trillion at a rate of $18,750 per second or $1.6 billion a day. Perhaps even more staggering, the report states that if those 10 men were to lose 99.999% of their wealth tomorrow, they would still be richer than 99% of all the people ...

Vale Chris Regenass

JAMIE WILLIAMSON  |  MONDAY, 17 JAN 2022
... Territory since November 2017, and more recently also became responsible for Tasmania. "In that five-year period, in those states he took Synchron from a very small operation to being big enough to be a licensee in its own right," Trapnell said. Prior ...

YFYS could dampen ESG adoption: Research

KARREN VERGARA  |  MONDAY, 17 JAN 2022
... question: Can ESG incorporation still exist as super fund portfolios become more sensitive to tracking error?" the research states. The research ultimately found that screening and integration is not the end of the road for responsible investing. The ...

AFA chief steps down after six months

ELIZABETH MCARTHUR  |  WEDNESDAY, 5 JAN 2022
... and the Association," Morgan-Banda said. "However, the ongoing uncertainty surrounding access to New Zealand and between states in Australia because of the COVID-19 pandemic, particularly the Omicron variant, has meant that I have decided I wish to go ...

FASEA defers Standard 3 amendment to ASIC

KARREN VERGARA  |  TUESDAY, 21 DEC 2021
... industry could not agree on a better alternative. FASEA floated the idea of amending Standard 3 in November, which currently states: "You must not advise, refer or act in any other manner where you have a conflict of interest or duty." After reviewing ...

Hume refreshes super co-contribution laws

KARREN VERGARA  |  TUESDAY, 21 DEC 2021
... premium rather than the individual's retirement income and not to their retirement savings, the explanatory memorandum states. Another change proposed is directing where a government co-contribution is made depending on an individual's circumstance ...

APRA, ASIC provide annual update

CHLOE WALKER  |  THURSDAY, 16 DEC 2021
... to enable collaboration and coordination, and to minimise duplication, in areas of joint regulatory interest. The report states that the agencies have collaborated on loan repayment deferrals and borrower hardship, participated in a cross-agency working ...

OnePath Custodians sued over fees for no service

JAMIE WILLIAMSON  |  WEDNESDAY, 15 DEC 2021
... members until October 2019 represented that OnePath was entitled to the fees and the members were obliged to pay them, ASIC states. The regulator believes OnePath made false and misleading representations about its right to continue charging fees to ...

Economic recap: Week to December 10

BENJAMIN ONG  |  MONDAY, 13 DEC 2021
... chairman Jerome Powell intimated that: "In terms of the implications for us, there isn't, there's not a direct United States exposure. The big Chinese banks are not tremendously exposed." Evergrande sends blood pressure rising each time its debt ...