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Showing 3531 - 3540 of 28255 results for "NOT"

ACCC slams door on ANZ, Suncorp deal

CASSANDRA BALDINI  |  FRIDAY, 4 AUG 2023
... potential consumer detriment. The regulatory body said it remains unsatisfied with the proposal as the public benefits would not be likely to outweigh public detriments. "We are not satisfied that the acquisition is not likely to substantially lessen ...

Commercial property deals stuck at 2011 levels

JAMIE WILLIAMSON  |  THURSDAY, 3 AUG 2023
Sales of local commercial property assets have dropped to the lowest levels since 2011 for the second straight quarter, says MSCI. Latest data from MSCI shows transaction volumes in Q2 were down 61% year on year, coming in at $7 billion. This was down ...

Should wealthy Aussies use super to fund aged care?

ANDREW MCKEAN  |  THURSDAY, 3 AUG 2023
... writing at the moment, are bequests." He emphasised that while bequests will invariably feature in a superannuation system, it's not the purpose of superannuation to have a tax preferred estate planning mechanism. "We've got a crisis of funding in ...

Trust trumps product advice: Research

ANDREW MCKEAN  |  THURSDAY, 3 AUG 2023
... in a financial adviser at this particularly stressful point in their life." "The findings within the report show that it's not enough for financial advisers to simply do what they're hired to do - provide financial advice. Advisers also need to deliver ...

eToro sued by ASIC

ANDREW MCKEAN  |  THURSDAY, 3 AUG 2023
... be scheduled by the court. ASIC has previously taken administrative action to protect consumers from high-risk CFD trading, not suited to their financial circumstances, including stop orders against Saxo Capital Markets and MitradeGlobal.

ASX appoints former ASIC chair to lead advisory group

CASSANDRA BALDINI  |  THURSDAY, 3 AUG 2023
... and industry must work collaboratively to achieve the best outcome for the market, for listed companies and investors, and not favour any particular group's interests," he said. "We expect ASX and the advisory group to work together in the best interests ...

Mortgage holders, retailers relax after rate pause

KARREN VERGARA  |  WEDNESDAY, 2 AUG 2023
... leaving the base rate at 4.1%, the RBA signalled that its monetary policy strategy is finally working but warned the nation not to get too comfortable with its latest decision. The soaring interest rate climate is a cash bonanza for the banks, which ...

Mayfair 101 calls for senate inquiry into ASIC

JAMIE WILLIAMSON  |  WEDNESDAY, 2 AUG 2023
Mayfair 101 founder James Mawhinney believes the government should look into how ASIC's investigation into the firm was initiated and the speed at which it was carried out. Recent reports from The Australian suggest an email from John Hempton, founder ...

Fitch downgrades US credit rating

ANDREW MCKEAN  |  WEDNESDAY, 2 AUG 2023
Fitch has downgraded the US's credit rating to AA+ from AAA, citing fiscal deterioration, a growing government debt burden, and an erosion of governance that has manifested in repeated debt limit standoffs. "Over the next decade, higher interest rates ...

Acadian employs ChatGPT to assess climate targets

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 AUG 2023
... those reports from there." The model also allows Acadian to assess the quality of statements on several categories. "We're not just assessing how much companies talk about decarbonisation and transition, because a lot of companies are talking about decarbonisation ...