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Showing 3591 - 3600 of 19578 results for "Ban"

Opposition in opposition: Labor responds

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
Opposition leader Anthony Albanese has unsurprisingly spoken out against the Morrison government's federal budget, saying it has failed to create much needed jobs. Taking to Twitter, Albanese said: "Being a leader means taking responsibility - in the ...

MySuper funds face new test, member bans

KANIKA SOOD  |  TUESDAY, 6 OCT 2020
Any MySuper products that fail a new APRA-administered annual test twice in a row will not be allowed to receive any new members until they improve their performance. The prudential regulator will conduct benchmarking tests on the net investment performance ...

Government declares record deficit, super reforms

JAMIE WILLIAMSON  |  TUESDAY, 6 OCT 2020
The Morrison government has handed down the 2020 federal budget, confirming Australia's largest ever deficit and announcing major changes to superannuation. As was largely anticipated, Treasurer Josh Frydenberg has revealed a record deficit of more ...

NAB recruits 500 in hiring spree

ALLY SELBY  |  TUESDAY, 6 OCT 2020
National Australia Bank has hired 500 new employees to its private and business banking division, in a bid to get the "engine room of the economy firing again". It comes following the recruitment of 52 people to support NAB's private bank and 400 recruits ...

FASEA releases more Code of Ethics guidance

ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
... incompatible or at variance with the interests of, and duties owed to their client." It added that the code does not seek to ban particular forms of remuneration or determine which forms of remuneration will always give rise to conflicts of interest. ...

Big banks face shareholder action

ANNABELLE DICKSON  |  TUESDAY, 6 OCT 2020
Two of Australia's big four banks face shareholder resolutions as a result of increased exposure to fossil fuels. NAB and ANZ have had shareholder resolutions lodged against them by environmental finance organisation Market Forces to align with the ...

Calls for aged care overhaul

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
Australia's aged care system is failing and needs to be overhauled, according to the Grattan Institute. Grattan health program director Stephen Duckett said the care and support of older Australians must come before the profits of private providers. ...

Super funds lag on disclosure

JAMIE WILLIAMSON  |  FRIDAY, 2 OCT 2020
Despite growing demand for it, Australia's superannuation funds are dragging their feet when it comes to portfolio holdings disclosure. A recent study by Rainmaker found just 27 major super funds publish holdings data; about one quarter of all funds. ...

Fintechs receive JobMaker funding boost

KARREN VERGARA  |  FRIDAY, 2 OCT 2020
Fintechs and regtechs are among the beneficiaries of the Federal Government's $800 million package aiming to help businesses boost their digital capabilities as part of the JobMaker scheme. The JobMaker Digital Business Plan will give fintechs a $9.6 ...

Superhero nabs new recruits

ALLY SELBY  |  FRIDAY, 2 OCT 2020
Newly launched online trading platform Superhero has nabbed two new recruits, including a former Commonwealth Bank executive and Shaw and Partners manager, as sign ups and activity across the low-cost platform soar. Superhero co-founder and chief executive ...