Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 391 - 400 of 6466 results for "September"

GESB adopts Protecting Your Super reforms

JAMIE WILLIAMSON  |  MONDAY, 30 SEP 2024
... Protecting Your Super legislation, which was introduced in 2019 to help avoid unnecessary erosion of account balances. As of September 25, GESB can now cancel insurance in accounts that have not received a contribution for 16 months or more, unless notified ...

GQG breaches SEC whistleblower protection laws

KARREN VERGARA  |  FRIDAY, 27 SEP 2024
... report potential securities law violations to the SEC. The NDAs in question were drawn up between November 2020 through September 2023 for the 12 candidates. While the agreements allowed candidates to respond to requests for information from the regulator ...

Rapid growth in super sector poses risk to financial stability: RBA

ELIZA BAVIN  |  FRIDAY, 27 SEP 2024
... Significant growth of the superannuation sector has set off alarm bells for the Reserve Bank of Australia (RBA). In the RBA's September Financial Stability Review, it said the super sector's growth and connections to Australian banks has increased its ...

Inflation cools but RBA unlikely to budge

ELIZA BAVIN  |  WEDNESDAY, 25 SEP 2024
... The latest inflation data comes after the Reserve Bank of Australia (RBA) kept the cash rate on hold at 4.35% at the September meeting yesterday. Despite cooling inflation, the market is not anticipating the data to move the needle for the RBA just yet. ...

ASIC slaps Macquarie with record $5m fine

KARREN VERGARA  |  WEDNESDAY, 25 SEP 2024
... Markets Disciplinary Panel (MDP) found Macquarie breached market integrity rules on 50 occasions between January to September 2022, allowing three of its clients to place suspicious orders. Macquarie executed every trade within the final few minutes ...

Australians living through protracted period of economic misery: CEDA

ANDREW MCKEAN  |  TUESDAY, 24 SEP 2024
... or unemployment drove economic misery, this time inflation was the main contributor from the June quarter of 2021 to September quarter of 2023. CEDA economist Liam Dillon said this clearly highlights the difficult trade-off facing Reserve Bank of Australia ...

E&P Financial Group seeks to delist

KARREN VERGARA  |  TUESDAY, 24 SEP 2024
... it was better known as Evans Dixon. Trading volume is also stagnant, averaging 33,000 shares per day in the year to September. The board argued this makes it challenging for new investors to join the register and existing shareholders to realise value ...

Early release of super scammer sent to prison

KARREN VERGARA  |  TUESDAY, 24 SEP 2024
... sentenced to three years' imprisonment. The unnamed High Wycombe woman was sentenced at the Perth District Court on September 19 with a non-parole period of 18 months. She plead guilty in November 2023 to 30 charges after the Australian Federal Police ...

Court freezes assets of company director

ANDREW MCKEAN  |  FRIDAY, 20 SEP 2024
... misleading statements in investment materials. The Court initially made the asset preservation and travel restraint orders on September 11, and these were extended earlier this week. The matter is scheduled for its next hearing on September 27.

Government consults on laxing legacy super product rules

ANDREW MCKEAN  |  WEDNESDAY, 18 SEP 2024
... This would apply to legacy lifetime, life expectancy, and market-linked income stream products that commenced before 20 September 2007 or were converted from earlier legacy products. Lifetime and life-expectancy products provide far less flexibility ...