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Showing 411 - 420 of 14031 results for "Down"

Bell Financial reports 44% slump in profit

KARREN VERGARA  |  FRIDAY, 15 AUG 2025
... of $9.3 million for its half-year to June 2025 results. The broking division's revenue across retail and institutional was down 23.5% year-on-year, dropping to $69.4 million. It made an after-tax loss of $2.8 million. Broking, under Bell Potter Securities ...

Unemployment falls, more women enter the workforce

ELIZA BAVIN  |  FRIDAY, 15 AUG 2025
... pay for women. "This new data shows the gender pay gap has been stubbornly high for decades but now it is finally coming down - thanks to the collective efforts of working people, their unions and reforms by the federal Labor government," ACTU president ...

NAB fined over $15m for delaying hardship applications

MATTHEW WAI  |  THURSDAY, 14 AUG 2025
... and 2023, NAB and ASFH failed to respond to 345 hardship applications within the 21-day deadline required by law. Handing down her decision Justice Neskovcin said impacts to customers may have been avoided if NAB had provided the affected customers with ...

ASIC calls out super 'leaders and laggards'

ELIZA BAVIN  |  THURSDAY, 14 AUG 2025
... members, this failed to translate to their retirement communications," she said. "So, my question to you is: how can you break down silos within your organisation to ensure better communications with all your members?"

Decade-long ban for UGC director upheld

MATTHEW WAI  |  WEDNESDAY, 13 AUG 2025
... decision to ban United Global Capital (UGC) director Joel James Hewish for 10 years, after he lodged a review of the ban handed down in June 2024. The Tribunal conducted two hearings since the application and have ultimately rejected the appeal. Hewish ...

RBA cuts rates, experts debate next moves

ELIZA BAVIN  |  WEDNESDAY, 13 AUG 2025
... Reserve Bank of Australia (RBA) delivered a 0.25% interest rate cut at the August meeting, bringing the official cash rate down to 3.6%. The RBA board noted that the easing in inflation alongside a softening in the labour market led to the decision to ...

PC suggests removing excessive entry requirements for advisers

ELIZA BAVIN  |  WEDNESDAY, 13 AUG 2025
... interim report. The number of financial advisers listed on the Financial Adviser Register has almost halved in six years, down from 26,500 in 2019 to just 15,300 as of July 2025. CPA Australia chief executive Chris Freeland said the Commission's draft ...

Superannuation fraudster sentenced to prison

ELIZA BAVIN  |  MONDAY, 11 AUG 2025
... also undermine the integrity of the financial system, diminishing public trust in investment opportunities." When handing down the sentence, Judge Prskalo KC said: "At all times, you were the controlling mind of the scheme. Investors generally expressed ...

CFS prices advice practice valuation gap at $1.1m

KARREN VERGARA  |  MONDAY, 11 AUG 2025
... also need to take into account the non-financial aspects because that's what exposes them to risks and ultimately drives down their value." About one third of financial advisers said they want to exit the business within the next five years. The same ...

CSC quashes internal bullying, sexism claims

MATTHEW WAI  |  MONDAY, 11 AUG 2025
Commonwealth Superannuation Corporation (CSC) chair Janet Torney has rejected suggestions that bullying, harassment or sexism are improperly handled by the organisation. Torney responded to reporting by the Australian Financial Review that CSC received ...