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Showing 361 - 370 of 4469 results for "Case"

$3m super tax faces axe, pushed to 2025

MATTHEW WAI  |  MONDAY, 2 DEC 2024
... will influence the outcome. "There is every chance the Labor government will either lose the next federal election, in which case, the Division 296 Bill is dead, as the Coalition have stated they oppose such legislation," Ali said. Although it passed ...

'But for' compensation methodology unfair: FAAA

KARREN VERGARA  |  FRIDAY, 29 NOV 2024
... Advice Association Australia (FAAA) Congress. By way of example, FAAA chief executive Sarah Abood pointed to a recent AFCA case whereby the victim made a profit and the balance size increased to $1.06 million. According to the determination, the victim ...

Swan hits back at Bragg: 'That's wrong of you'

ELIZA BAVIN  |  FRIDAY, 29 NOV 2024
Cbus chair Wayne Swan faced the Senate Economics Committee today to answer questions around the super fund's claim handling delays, governance and payments made to the CFMEU. Cbus is facing legal action from the Australian Securities and Investments ...

BlackRock, State Street, Vanguard sued over climate stance

JAMIE WILLIAMSON  |  THURSDAY, 28 NOV 2024
... violated antitrust laws and caused reduced coal production and higher energy prices. Texas Attorney General Ken Paxton filed a case with the Federal Court in Tyler, Texas, claiming the institutions "conspired to artificially constrict the market for ...

Inflation remains in RBA's target range

ELIZA BAVIN  |  WEDNESDAY, 27 NOV 2024
... excluding volatile items and holiday travel was 2.4% in the 12 months to October, down from 2.7% in September." As has been the case in previous months, the ABS said Commonwealth and government subsidies also drove the large decreases in electricity ...

Super funds 'playing to their strengths' in private markets

ELIZA BAVIN  |  WEDNESDAY, 27 NOV 2024
Super funds are proving a good case study for investing in private assets, according to Morningstar's 2025 outlook. "Australia's super funds have successfully pioneered investment in asset classes such as unlisted infrastructure and property for decades ...

Inconsistencies abound in Future Fund mandate change: Deloitte

JAMIE WILLIAMSON  |  TUESDAY, 26 NOV 2024
... available to invest in the areas highlighted by Treasury without the need for the Future Fund to "tip in extra." "Further, in the case of residential property, additional capital is unlikely to do much to lift the number of new dwellings in the short ...

ASIC flags regulatory guide updates for 2025

ELIZA BAVIN  |  TUESDAY, 26 NOV 2024
... said in 2025 it will consult with stakeholder to update some key regulatory guides, considering law reform, insights from case law about the provisions and other relevant issues. ASIC said it intends to update the guides for: Regulatory Guide 53 The ...

Adviser suspended over wrongful use of ROAs

JAMIE WILLIAMSON  |  MONDAY, 25 NOV 2024
... was found to have issued Records of Advice (ROAs) that relied on SOAs that were up to seven years old. This occurred in the case of three clients, ASIC said. The FSCP said the further advice exemption from giving an SOA did not apply to two of the three ...

Gensler to leave SEC in January

JAMIE WILLIAMSON  |  FRIDAY, 22 NOV 2024
Gary Gensler, the chair of the Securities and Exchange Commission (SEC), will leave the regulator on January 20. The SEC has announced Gensler will depart at midday on 20 January 2025, coinciding with the commencement of President-elect Donald Trump's ...