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Showing 351 - 360 of 6142 results for "Money"

Financial services minister Stephen Jones to retire from politics

ANDREW MCKEAN  |  THURSDAY, 30 JAN 2025
... Australians," SMC chief executive Misha Schubert said. "Millions of Australians will have stronger retirements - and more money to live on - because of payday super reforms and the push to make quality financial advice more affordable and accessible. ...

ASIC calls out super trustees over 'weak' anti-scam practices

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
... were super-related transactions. "Superannuation funds are actually some of the safest places in the country to have your money," Delahunty said. "Unlike banks or other financial institutions, our superannuation funds are unique because an individual's ...

ASIC bans adviser fraudster found with child abuse material

ANDREW MCKEAN  |  WEDNESDAY, 29 JAN 2025
... funds to pay off personal debts and expenses. "It's a serious and sophisticated fraud, involving a substantial amount of money, and you made a conscious decision to steal from the deceased estate over about 11 months," Judge Paul Smith said. "You were ...

Atrium winds up global listed infrastructure fund

KARREN VERGARA  |  TUESDAY, 28 JAN 2025
... million in assets under management and experienced massive outflows from 2023, starting with $187.8 million of investor money exiting. The fund sought a minimum investment amount of $100,000. On 12 July 2024, Atrium terminated the Atrium Global Equities ...

Binance Labs becomes a family office

KARREN VERGARA  |  TUESDAY, 28 JAN 2025
... Web3, AI, and biotech." Last April 2024, CZ was sentenced to four months in prison after pleading guilty to violating US money laundering laws. He also stepped down as chief executive of Binance and paid a massive fine. Locally, ASIC is taking Binance ...

Australian Ethical 'cautious' on valuations

ELIZA BAVIN  |  THURSDAY, 23 JAN 2025
... interest rates, particularly in the US where a rotation to lower interest rates resulted in investors looking to put more money into share markets seeking returns. "We see tech and AI as an important theme driving markets again in 2025, but we don't ...

BlackRock settles lawsuit for 'misleading consumers'

ANDREW MCKEAN  |  MONDAY, 20 JAN 2025
... settlement did not impose a financial penalty on BlackRock or an admission of liability. "This resolution assures that the money Tennesseans invest with BlackRock is managed consistent with the funds' disclosures. While investors are always free to buy ...

Coalition members call for superannuation guarantee reform

ANDREW MCKEAN  |  FRIDAY, 17 JAN 2025
... their superannuation, criticising the compulsory nature of contributions that prevent them from having a say in how their money is used until they reach 65 years of age. Labor minister for employment and workplace relations Murray Watt labelled the statements ...

Dimon 'cautiously pessimistic' on US economy

KARREN VERGARA  |  FRIDAY, 17 JAN 2025
... point. I'm not against crypto. You know, Bitcoin itself has no intrinsic value. It's used heavily by sex traffickers, money launderers, ransomware," he said. "I just don't feel great about Bitcoin. I applaud your ability to wanna buy or sell ...

Global ETF inflows hit US$2tn: ETFGI

KARREN VERGARA  |  FRIDAY, 17 JAN 2025
Money pouring into global exchange-traded funds (ETF) hit a record high of US$1.9 trillion during 2024, new insights from research firm ETFGI shows. SSGA's SPDR S&P 500 ETF Trust (SPY) raked in the highest net inflows of US$626 billion during the ...