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Showing 21 - 30 of 11002 results for "May"

MSC Certane wins Suncorp mandate

ELIZA BAVIN  |  TUESDAY, 23 APR 2024
... million notes offer. The unsecured notes will be listed and tradeable on the Australian Securities Exchange (ASX) from 15 May 2024 (ASX: SUNPJ). As the trustee for the notes offer, MSC Group was appointed under the Corporations Act to act on behalf of ...

ASIC cancels AFSL of JB Markets

ELIZA BAVIN  |  TUESDAY, 23 APR 2024
... the financial services covered by the licence and to carry out supervisory arrangements. Under the Corporations Act, ASIC may suspend or cancel an AFSL if a licensee fails to meet its general obligations under section 912A including financial requirements ...

Macquarie Bank to pay $10m for unauthorised fee transactions

ELIZA BAVIN  |  MONDAY, 22 APR 2024
... transacting tool to make multiple withdrawals across multiple customer accounts simultaneously. The court determined that between 1 May 2016 and 15 January 2020, Macquarie failed to implement effective controls to monitor whether third party bulk transactions ...

Bitcoin halving won't bring immediate price rise

ELIZA BAVIN  |  MONDAY, 22 APR 2024
... halving event - which occurred over the weekend - has seen optimism around the cryptocurrency rise, but major price increases may take some time to shine through. The halving event is coded to occur every 210,000 blocks and halves the reward Bitcoin ...

Vanguard backs current performance test

ANDREW MCKEAN  |  FRIDAY, 19 APR 2024
... for consumers to compare superannuation products. "Sorting by investment performance and the performance test as it stands may risk misleading consumers about the future returns they could achieve," she said. The performance test was introduced to protect ...

Court approves $16m DASS settlement

KARREN VERGARA  |  FRIDAY, 19 APR 2024
... clarified its interpretation of the rules governing the scheme it administers, persons who opted out because of those concerns may wish to 'withdraw' their decisions to opt out, and ask to be re-admitted as Group Members and be able to claim some compensation ...

Spaceship Super to land somewhere new

JAMIE WILLIAMSON  |  THURSDAY, 18 APR 2024
... are "passionate about delivering strong member outcomes for all Spaceship Super members." The transfer is to take place on May 17, with Spaceship saying members will see immediate benefits in the form of reduced administration fees and costs. And, while ...

Mine Super cuts fees, updates investment options

ANDREW MCKEAN  |  WEDNESDAY, 17 APR 2024
... Super is reducing the administration fees members pay next month as it moves forward with its merger with TWUSUPER. Effective May 20, the industry fund said administration fees will be lowered 25% from $52 to $39 per year for super members due to the ...

Powell backflips on rates pushing back RBA cut expectations

ELIZA BAVIN  |  WEDNESDAY, 17 APR 2024
... said recent US inflation data had not given policymakers enough confidence to ease interest rates soon, noting that the Fed may need to keep rates higher-for-longer than previously thought. This was a backflip from Powell who earlier this month sounded ...

Russell Investments introduces new ESG-focused ETF

ANDREW MCKEAN  |  TUESDAY, 16 APR 2024
... managers and their suitability, with additions or replacements made as necessary, or as new opportunities are uncovered. This may include managers that are otherwise closed to new money or not immediately available to Australian investors. RGOS aims ...