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Showing 471 - 480 of 1941 results for "SAFE"

Cash was king in FY22: Vanguard

CASSANDRA BALDINI  |  WEDNESDAY, 10 AUG 2022
The only asset class to generate a positive return in FY22 was cash - a title it hasn't held since the Global Financial Crisis. Vanguard has released its 2022 Index Chart, capturing every major asset class over the last 30 years. The data shows ...

NAB falls after cost growth revision

ANDREW MCKEAN  |  TUESDAY, 9 AUG 2022
National Australia Bank (NAB) shares have fallen this morning after revising cost growth guidance again. In the first half hour of trading, NAB shares dropped 4.2%. At time of publishing, they were down 3.61%. The bank said its expenses increased 1% ...

Reserve Bank explores digital currency potential

CHLOE WALKER  |  TUESDAY, 9 AUG 2022
The Reserve Bank of Australia (RBA) is launching a one-year research programme into the case for a central bank digital currency (CBDC). Partnering with the Digital Finance Cooperative Research Centre (DFCRC), the project will seek to identify innovative ...

CHESS replacement delayed further, review underway

JAMIE WILLIAMSON  |  WEDNESDAY, 3 AUG 2022
... is an important step in providing assurance that the new system will be fit for purpose. "The replacement system must be safe and reliable to maintain investor confidence and the stability of Australia's financial system," he said. The regulators added ...

Financial abuse linked to violence: CBA, UNSW

ANDREW MCKEAN  |  MONDAY, 1 AUG 2022
Commonwealth Bank and the UNSW Generated Violence Research Network (GVRN) partnership commented on findings showing economic and financial abuse is linked to domestic and family violence. Statistics show that one in four women and one in 13 men have ...

FSC analyses super, advice developments

ANDREW MCKEAN  |  MONDAY, 1 AUG 2022
... between what submitters asked for and the FSC's proposed personal framework. Chiefly, advocating for the abolition of the safe harbour, clear definitions of advice and information, and simplified requirements. According to the FSC, areas of alignment ...

Holon, Gemini launch retail crypto funds

CASSANDRA BALDINI  |  THURSDAY, 28 JUL 2022
Holon has partnered with Gemini to launch Australian unlisted retail Bitcoin (BTC), Ethereum (ETH) and Filecoin (FIL) funds. The launch will provide local investors and financial advisers with regulated access to the burgeoning blockchain and cryptocurrency ...

Office for Women combats financial abuse

ANDREW MCKEAN  |  WEDNESDAY, 27 JUL 2022
A new resource released by the Office for Women will assist the financial services sector to understand how its financial products may be used in the financial abuse of women. The new resource, Guide to prevention and action on financial abuse within ...

Prime Super, YES Group acquire Savant

ANDREW MCKEAN  |  TUESDAY, 26 JUL 2022
Prime Super and Yates Electrical Services (YES) Group have bought 100% of Savant Energy Power Networks. The deal will see the delivery of renewable energy solutions to developers and occupiers of apartments, retirement villages, shopping centres and ...

Mercer pumps $100m into Perennial Partners strategy

CHLOE WALKER  |  MONDAY, 25 JUL 2022
Mercer Investments handed a $100 million mandate to Perennial Partners, for investment in its Better Future Strategy. The RIAA certified Better Future Strategy is an actively managed portfolio focused on ethical small and mid-cap companies. A significant ...