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Showing 391 - 400 of 3258 results for "Rather"

Equity Trustees hit with fine by APRA

ELIZA BAVIN  |  WEDNESDAY, 5 JUN 2024
... abide by the conditions of the relevant Act, but in these instances, it sought to prioritise accurate reporting of data, rather than meeting the required time frame. EQT said it does not expect to incur any financial liability in respect of the infri ...

Australians selling assets over seeking help: ASIC

ELIZA BAVIN  |  MONDAY, 3 JUN 2024
... said they wouldn't seek a hardship assistance arrangement from their bank or lender. In fact, Australians said they would rather sell their belongings and assets (42%) or get a second job (40%) before applying for financial hardship assistance. "For ...

Chinese property market to stabilise

ELIZA BAVIN  |  TUESDAY, 28 MAY 2024
... "Chinese authorities recently unveiled a housing market support plan that shifts the focus of efforts to reducing inventories, rather than solely focusing on stabilising demand," they said. "This new effort represents a significant change in policy focus ...

UK forewarns Australia on wholesale test changes

KARREN VERGARA  |  THURSDAY, 23 MAY 2024
... advocated for alternative methods to qualify as a wholesale investor by completing an ASIC approved investor certification rather than by passing an income or asset test. "Allowing a certification to be used as an alternative qualification method will ...

RBA hints another rate rise could be on the cards

ELIZA BAVIN  |  WEDNESDAY, 22 MAY 2024
... what the models suggested, based on household disposable income forecasts. "Currently households are choosing to save, rather than spend, with the opportunity cost of not saving currently elevated due to high interest rates," Allen said. "We agree that ...

Price dislocations pave way for active managers

KARREN VERGARA  |  WEDNESDAY, 15 MAY 2024
... opportunities to truly diversify their portfolios. It doesn't mean there aren't good opportunities in the US, Liu explained, rather it's more important to be agnostic about where the company is listed. "We're much more interested in where ...

Industry reacts to Federal Budget

ELIZA BAVIN  |  WEDNESDAY, 15 MAY 2024
... "Cost-of-living relief, primarily delivered through the Stage 3 tax cuts and electricity rebates, is being delivered broadly, rather than targeted at those doing it toughest. Electricity rebates may alleviate headline inflation but will drive spending ...

Advisers urgently call on Treasury to recognise degrees

KARREN VERGARA  |  TUESDAY, 14 MAY 2024
... more existing degrees to be utilised with new entrants and career changes. This includes undertaking a few bridging units rather than an entire unrelated financial planning degree or graduate diploma. Fox described the education pathway that recognises ...

FAAA calls for 'fairness' ahead of Budget

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... costs of action against fraudsters and unlicensed operators ought to be borne across the entirety of the financial sector rather than the single financial advice sub-sector, as the entirety of the sector benefits from consumers having confidence that ...

'Just do what you say you'll do': ASIC's message to trustees

JAMIE WILLIAMSON  |  FRIDAY, 10 MAY 2024
... Simone Constant says the regulator's new report on exorbitant advice fee deductions is not a criticism of advisers, rather of trustees failing basic obligations, with more still needing to be done by the reviewed funds some 12 months on. Yesterday ...