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Showing 391 - 400 of 5387 results for "Federal"

Financial advice profession 'lacks consistent protocols'

ELIZA BAVIN  |  TUESDAY, 25 JUN 2024
... reporting that 1.6 million women and 745,000 men have experienced financial abuse. It is also recognised in both state and federal laws as a form of domestic violence. "By implementing these recommendations, the FAAA believes we can create a safer financial ...

Former AMP advice lead sues The Australian

ELIZA BAVIN  |  MONDAY, 24 JUN 2024
... during the Hayne Royal Commission into banking and financial services. According to the Statement of Claim - filed in the Federal Court and seen by Financial Standard - Regan claims the article implied he had personally admitted to misleading ASIC over ...

Court freezes assets of Keystone AM managed fund

ELIZA BAVIN  |  THURSDAY, 20 JUN 2024
The Australian Securities and Investments Commission (ASIC) has obtained interim orders from the Federal Court to freeze the assets of the Shield Master Fund (Shield), a registered managed fund overseen by Keystone Asset Management. ASIC said it sought ...

RBA issues warning over inflationary spending

ELIZA BAVIN  |  WEDNESDAY, 19 JUN 2024
... hike in the future. The RBA board noted that inflation had fallen substantially since its peak in 2022 but said recent federal and state budgets could "add to demand". "Recent budget outcomes may also have an impact on demand, although federal and state ...

ASIC appeals judge's call to not penalise Block Earner

JAMIE WILLIAMSON  |  TUESDAY, 18 JUN 2024
ASIC is appealing the Federal Court's recent decision to not issue a penalty to Block Earner after it was found to have provided unlicensed financial services. In November 2022, ASIC commenced civil penalty proceedings against Block Earner, which offered ...

'Little prospect' for RBA hike despite stubborn inflation

ELIZA BAVIN  |  MONDAY, 17 JUN 2024
... believes the RBA will keep interest rates unchanged this month. "The June board meeting comes in the wake of the 2024 Federal Budget, which was a little more expansionary than anticipated. But we do not think the Budget has shifted the dial on the RBA's ...

What's keeping the Treasurer up at night?

ANDREW MCKEAN  |  THURSDAY, 13 JUN 2024
... is "extremely positive" from a monetary policy perspective. He said it's an easing in inflation that will enable the US Federal Reserve to cut rates. Energy transformation Chalmers said the global energy transition represents "a golden opportunity," ...

US looks towards rate cuts, Australia lags behind

ELIZA BAVIN  |  THURSDAY, 13 JUN 2024
A raft of economic data came out from the US overnight with US Federal Reserve chair Jerome Powell indicating the US could cut interest rates at least once this year. A lower-than-expected May CPI print was encouraging, but the FOMC still kept its funds ...

Gender gap to close in 134 years: World Economic Forum

ELIZA BAVIN  |  WEDNESDAY, 12 JUN 2024
... 2158 for parity. The time for decisive action is now." Women's representation in the political sphere increased at the federal and local level, though top-level positions remained largely inaccessible for women globally. Women were also still rare in ...

Keybridge Capital cops another loss against WAM

ELIZA BAVIN  |  FRIDAY, 7 JUN 2024
The Federal Court has denied Keybridge Capital's appeal against Wilson Asset Management (WAM) and ordered them to pay costs in a court battle that has been dragging out for four years. In June 2020, Keybridge launched legal proceedings against WAM alleging ...