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Showing 21 - 30 of 654 results for "Minutes"

'No alternative': ESSSuper sues Iress

JAMIE WILLIAMSON  |  MONDAY, 11 NOV 2024
... encountered. At that time, the fund had spent more than $10 million on the transition. For instance, according to the meeting minutes, when the employer system went live in March 2022, payroll teams could not load contribution files leading to lengthy ...

RBA feels 'not enough has changed'

ELIZA BAVIN  |  TUESDAY, 8 OCT 2024
... Australia (RBA) board has held strong on its standpoint that an interest rate cut is not yet on the cards, as it released minutes from the September meeting. The board said that while inflation had been slowly coming back into the target range, it was ...

ASIC slaps Macquarie with record $5m fine

KARREN VERGARA  |  WEDNESDAY, 25 SEP 2024
... September 2022, allowing three of its clients to place suspicious orders. Macquarie executed every trade within the final few minutes of the market closing, exhibiting the characteristics of what the MDP said was intended to "mark the close". This affected ...

Majority pass adviser exam

KARREN VERGARA  |  FRIDAY, 6 SEP 2024
... legal requirements to the practical scenarios tested in the exam. The exam lasts 3.5 hours, including reading time of 15 minutes. The exam is in a multiple-choice question format and allows an open book for statutory materials. A new financial adviser ...

CLSA penalised over data mistakes

MATTHEW WAI  |  FRIDAY, 30 AUG 2024
... contravened Rule 6.3.1(2)(1)(a) by failing to immediately report a pair of block trades after their execution, taking 25 minutes to report them. ASIC advised the payment of the penalty does not constitute an admission of guilt or liability, and by doing ...

RBA minutes confirm potential August rate hike

ELIZA BAVIN  |  WEDNESDAY, 3 JUL 2024
The Reserve Bank of Australia (RBA) released the minutes from its June board meeting at which it held interest rates steady, but confirmed it did consider the possibility of a hike. The minutes also confirmed the RBA is vigilant to the upside risks ...

Where does the world's largest active manager say to invest?

ANDREW MCKEAN  |  FRIDAY, 21 JUN 2024
... working on robots to pick and pack items into shipping boxes, failure rates were high, and successful picks took up to two minutes each. Seven years later, its new 'Sparrow' robot can process about two-thirds of the 100 million products in a typical ...

Will ASIC use AI for advice compliance monitoring?

ANDREW MCKEAN  |  MONDAY, 17 JUN 2024
... now using natural language AI in their day-to-day operations. Within the advice process, AI can also be used to record minutes of meetings and in the creation of fact find information and file notes," he said. Esler said that important considerations ...

RBA hints another rate rise could be on the cards

ELIZA BAVIN  |  WEDNESDAY, 22 MAY 2024
... (RBA) board has confirmed it discussed both leaving interest rates unchanged and a hike at its May meeting. The board minutes were in line with messaging from RBA governor Michele Bullock, who spoke at a press conference after the decision was ultimately ...

Nobel Prize-winning economist Daniel Kahneman dies

ELIZA BAVIN  |  THURSDAY, 28 MAR 2024
... unpleasant and avoid it as much as possible." In one experiment, Kahneman found people were more willing to travel 20 minutes to save $5 on a $15 calculator but were less likely to travel the same distance to save $5 on a $125 calculator. Born in Tel ...