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Showing 21 - 30 of 5252 results for "July"

Inaugural CSLR levy slugs advisers $18.5m

KARREN VERGARA  |  TUESDAY, 19 MAR 2024
... the CSLR takes effect, to June 30. In the second round, advisers will foot the bill of $18.5 million to cover the period of July 1 to 30 June 2025. Financial Advice Association Australia chief executive Sarah Abood slammed the new levy, calculating that ...

Interest rate cut may not come until 2025, experts warn

ELIZA BAVIN  |  TUESDAY, 19 MAR 2024
... September. "The Reserve Bank Board will want to consider the impact of a third round of tax cuts that will take effect in July. While the cuts won't derail inflation's retreat, they will delay it," Cruise said. When asked if the US Federal Reserve ...

Mayfair 101 regains control of assets, liquidators abandon claims

JAMIE WILLIAMSON  |  MONDAY, 18 MAR 2024
... reached between Mayfair 101, James Mawhinney and the liquidators of IPO Wealth Holdings have been released to the public. In July 2022, Mayfair 101, its managing director James Mawhinney, and the liquidators appointed to IPO Wealth reached a settlement ...

Government dawdling on paid parental leave super: Greens

ANDREW MCKEAN  |  MONDAY, 18 MAR 2024
... will propose changes to the government's Paid Parental Leave Bill (PPL) to ensure that superannuation is paid on PPL from July 1 this year. Earlier this month, the government announced that the PPL scheme will include superannuation guarantee contributions ...

Australian Retirement Trust announces new investment strategy and options

ELIZA BAVIN  |  FRIDAY, 15 MAR 2024
... have higher returns over the long term for members of all ages. "Streamlining our investment menu also means that from 1 July 2024, our competitive Growth investment option, that we're renaming High Growth, will be open to all members. This option delivered ...

AFCA secures $40m in refunds

ELIZA BAVIN  |  THURSDAY, 14 MAR 2024
... Complaints Authority (AFCA) said it helped secure more than $40 million in refunds for hundreds of thousands of consumers between July and December 2023. AFCAs Systemic Issues Insights Report revealed the 139,011 consumers received their share of $40 ...

HESTA names head of investment execution

KARREN VERGARA  |  WEDNESDAY, 13 MAR 2024
... experience includes working at BNY Mellon and Deloitte. The role was previously held by Gerard Brown, who was appointed in July 2019, and finished up at the super fund in 2023. HESTA chief executive Debby Blakey said: "Sophie's extensive experience ...

Hostplus rejects anti-competitive behaviour claims

KARREN VERGARA  |  TUESDAY, 12 MAR 2024
... November 2023, proposes employers pay staff super entitlements on the same day they pay salary and wages effective from 1 July 2026. Hostplus pointed out that the "proliferation of WMPs" possess "dark pattern design features" that encourage employees ...

Philip Lowe joins LIC board

KARREN VERGARA  |  TUESDAY, 12 MAR 2024
... time, "we got a lot right and Australia is in a better place." Former New South Wales premier Baird was appointed chair on 31 July 2022. Baird said: "Phil is one of the finest financial leaders in the country and has demonstrated great integrity throughout ...

ASIC, APRA issues more FAR guidance

KARREN VERGARA  |  MONDAY, 11 MAR 2024
... The regulators unveiled several key materials for the financial services sector, which were under consultation since last July. The outcome of the consultation has led to the release of the Financial Accountability Regime Act (Information for register) ...