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Showing 331 - 340 of 2657 results for "Purchase"

Squirrel Super to pay over false property claims

JAMIE WILLIAMSON  |  TUESDAY, 21 JUN 2022
More than 18 months after legal action was launched, Squirrel Super will pay $55,000 for claims made in marketing materials about investing in residential property. The SMSF administrator was found by the Federal Court to have distributed a brochure ...

Active Super kickstarts reward program

ANDREW MCKEAN  |  TUESDAY, 21 JUN 2022
Active Super has launched a Super Booster reward program to accelerate the growth of members' super balances. The Super Booster reward program is a 'set and forget' tool for members to top-up their super balances with eligible retail purchases. ...

NSW to introduce options for first home buyers

CASSANDRA BALDINI  |  TUESDAY, 21 JUN 2022
... announcement comes days after the NSW government proposed its shared equity scheme, offering eligible residence the chance to purchase a property with a proportion paid by the government. The scheme set to commence next January and will be open to single ...

Westpac outlines new social initiatives

CHLOE WALKER  |  MONDAY, 20 JUN 2022
... of the most common paths to wealth accumulation in Australia but saving the traditional 20% of the value of a property purchase price can take prospective buyers years to achieve," Westpac chief executive consumer and business banking Chris de Bruin ...

Barred adviser breaches ASIC order

ANDREW MCKEAN  |  MONDAY, 20 JUN 2022
... after ASIC found he had failed to act in the best interests of his clients when advising them to establish a SMSF to purchase properties. At the time, ASIC alleged Toledo failed to provide advice that was appropriate to clients and said he failed to ...

Crypto companies halt withdrawals

ANDREW MCKEAN  |  TUESDAY, 14 JUN 2022
... conditions state. Following Celsius' announcement, competitor Nexo has stepped in and sent a letter of intent to purchase the remaining unqualified assets of Celsius Network. The letter says: "Nexo, its partners, and affiliates could readily acquire ...

The rise of the hybrid ETP

CASSANDRA BALDINI  |  TUESDAY, 7 JUN 2022
In the three years to March the number of ETPs increased by 29%, with the Australian market now made up of different subsets. This morning, Rainmaker Information's head of investment research John Dyall appeared at the Financial Standard Best Practice ...

ACCC on financial services priorities

CASSANDRA BALDINI  |  WEDNESDAY, 1 JUN 2022
... numbers of vulnerable Australians," she said. "At the time we conducted the inquiry, we observed that Australian consumers purchase the equivalent of over $40 billion in foreign currency each year. We found that many Australian consumers were paying ...

New Ethereum ETF launches on Cboe Australia

ANDREW MCKEAN  |  TUESDAY, 31 MAY 2022
... The Cosmos fund feeds into the world's first ever Ethereum ETF - The Purpose Ether ETF. So, Australian investors who purchase CPET will by proxy have access to the world's first ever Ethereum ETF. CPET invests in the Purpose Ether ETF which holds physically ...

Twiggy Forrest spends $31m on Australian Agricultural Company

CHLOE WALKER  |  MONDAY, 30 MAY 2022
... purchased $31 million worth of AAC shares, increasing his voting notice in the company substantially. Interestingly, the purchase was not the first acquisition of Australian agricultural shares shares this year, with Forrest's Tattarang purchasing $35 ...