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Showing 31 - 40 of 4462 results for "The Fed"

Federal Court lifts Merhi's travel ban

KARREN VERGARA  |  MONDAY, 13 JUL 2026
Former financial adviser Ferras Merhi is now free to travel as the Federal Court lifted travel restraint orders imposed one year ago. Justice Moshinski lifted the Merhi's travel ban on July 9. The order stated the travel restraint handed down one year ...

Income generating index ETFs gain traction post Budget

RIDDHIMA TALWANI  |  FRIDAY, 10 JUL 2026
Index-based income ETFs have seen another record month of flows as the shift towards yield-focused funds gathers momentum, according to the latest ETF Market Scoop from Global X ETFs. Index-based equity income ETFs attracted a record $309 million of ...

ASFA makes suggestions for performance test overhaul

VINNY VUCAGO  |  THURSDAY, 9 JUL 2026
The Association of Superannuation Funds of Australia (ASFA) has called for the federal governments annual superannuation performance test to be modernised, arguing the current framework is discouraging long-term investment assets such as housing, infrastructure ...

First Guardian victims recoup 8% of $38m loan

KARREN VERGARA  |  FRIDAY, 3 JUL 2026
Victims of the First Guardian Master Fund will only recoup $2.9 million out of a $38.3 million loan made by responsible entity Falcon Capital, according to liquidators who said the amount represents a realistic commercial value compared to alternative ...

Advice fee spike raises super concerns: SMC

VINNY VUCAGO  |  MONDAY, 29 JUN 2026
A $1.1 billion surge in advice fees deducted from Australians' superannuation accounts over the past two years has prompted fresh calls for stronger consumer protections. This comes amid concerns younger members are being switched into higher cost ...

Mercer Super fined $10.3m for reportable situations failures

KARREN VERGARA  |  MONDAY, 29 JUN 2026
Mercer Superannuation Australia will pay a $10.3 million penalty after it admitted to breaching the Reportable Situations Regime on several occasions, which the Federal Court found could have had the "potential to have a detrimental effect on members." ...

CGT, negative gearing changes to become a law

RIDDHIMA TALWANI  |  FRIDAY, 26 JUN 2026
The government's tax agenda announced in the Budget overhauling the capital gains tax (CGT) discount and negative gearing have now passed the Parliament and will become law. The government recently unveiled CGT discount carveouts targeting small businesses ...

APRA investigating Diversa's executive compensation

RIDDHIMA TALWANI  |  THURSDAY, 25 JUN 2026
APRA has commenced an investigation into if Diversa's executive remuneration decisions were made in accordance with prudential standards and trustees' duties under the Superannuation Industry (Supervision) Act. "Prudent remuneration practices play a ...

Vale Alan Greenspan

ELIZA BAVIN  |  TUESDAY, 23 JUN 2026
Former Federal Reserve chair Alan Greenspan has passed away, aged 100. Greenspan was nominated to chair the Fed by then-President Ronald Regan in 1987 and served under four Presidents in the position until 2006. During his tenure at the Fed he oversaw ...

SMC pushes for carers to qualify for SG

VINNY VUCAGO  |  TUESDAY, 23 JUN 2026
Australia's unpaid carers could retire with up to $45,000 more in superannuation if the federal government extends the Super Guarantee (SG) to the Carer Payment, according to new research from the Super Members Council (SMC). The report found more than ...