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Showing 4391 - 4400 of 28259 results for "NOT"

ASIC appeals CFS, CBA decision

JAMIE WILLIAMSON  |  THURSDAY, 27 OCT 2022
... with close to 400,000 customers signed up. However, the court dismissed the proceedings last month saying the conduct did not constitute benefits under the definition of 'conflicted remuneration'. At the time, ASIC said it would carefully consider the ...

Small wins for some pensioners

CASSANDRA BALDINI  |  WEDNESDAY, 26 OCT 2022
The Labor government has delivered small wins to pensioners in its Budget, but not all will reap the benefits. Treasurer Jim Chalmers has increased pensioners' earnings amount, with the temporary income bank top up to increase from $7800 to $11,800 ...

Chalmers delivers on childcare

CHLOE WALKER  |  WEDNESDAY, 26 OCT 2022
... scheme announced before tonight's budget but noted that it remains the only commonly taken form of leave that super is not paid on. "Paying super on paid parental leave is an important equity measure for our super system and is key step towards closing ...

Budget deficit pressured by debt costs

ANDREW MCKEAN  |  WEDNESDAY, 26 OCT 2022
... participation and equality, and improving living standards for all Australians. The immediate priority is to ensure fiscal policy is not adding to inflationary pressures and to begin budget repair," the strategy said. Pertinently, data today from the ...

ASIC finds shortcomings in wholesale market practices

ANDREW MCKEAN  |  WEDNESDAY, 26 OCT 2022
ASIC has released two reports on better and poorer practices in wholesale financial markets, encouraging participants in these markets to benchmark themselves against industry standards. Report 741 Conduct risk in wholesale fixed income markets (REP ...

New ETF to invest in green metal producers

JAMIE WILLIAMSON  |  WEDNESDAY, 26 OCT 2022
... include companies that make more than 50% of their revenue mining or producing green metals and screens out businesses which do not meet reasonable industry standards. "Demand for green metals is soaring around the globe and promises to intensify as ...

Government scraps legacy tax, super measures

JAMIE WILLIAMSON  |  WEDNESDAY, 26 OCT 2022
... provide certainty to industry and those that would have been impacted by the measures, the government has reviewed and opted to not proceed with several legacy measures. These include the 2013-14 MYEFO measure that proposed to amend the debt/equity tax ...

CommSec, AUSIEX to pay $27m penalty

JAMIE WILLIAMSON  |  WEDNESDAY, 26 OCT 2022
... reconciliation requirements; failure by both to provide accurate confirmations to customers for certain transactions; and CommSec not having appropriate system filters to detect wash trading. Further, CommSec and AUSIEX failed to comply with their own ...

Affordable housing in Budget spotlight

JAMIE WILLIAMSON  |  TUESDAY, 25 OCT 2022
... months. Further, access to the downsizer scheme will be expanded to those aged 55 to 59. However, ISA said the government did not take the necessary action to fix the average $4.7 billion a year in unpaid super like it could have, or commit to paying ...

RBA downplays exchange rate inflationary impacts

ANDREW MCKEAN  |  TUESDAY, 25 OCT 2022
At the Commonwealth Bank Global Markets conference, Reserve Bank of Australia (RBA) assistant governor Christopher Kent said inflation is too high in most economies, reflecting disruptions to supply coupled with strong demand. In his presentation, Kent ...