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Showing 31 - 40 of 5257 results for %22July 10%22

AFCA secures $40m in refunds

ELIZA BAVIN  |  THURSDAY, 14 MAR 2024
... Complaints Authority (AFCA) said it helped secure more than $40 million in refunds for hundreds of thousands of consumers between July and December 2023. AFCAs Systemic Issues Insights Report revealed the 139,011 consumers received their share of $40 ...

HESTA names head of investment execution

KARREN VERGARA  |  WEDNESDAY, 13 MAR 2024
... experience includes working at BNY Mellon and Deloitte. The role was previously held by Gerard Brown, who was appointed in July 2019, and finished up at the super fund in 2023. HESTA chief executive Debby Blakey said: "Sophie's extensive experience ...

Hostplus rejects anti-competitive behaviour claims

KARREN VERGARA  |  TUESDAY, 12 MAR 2024
... November 2023, proposes employers pay staff super entitlements on the same day they pay salary and wages effective from 1 July 2026. Hostplus pointed out that the "proliferation of WMPs" possess "dark pattern design features" that encourage employees ...

Philip Lowe joins LIC board

KARREN VERGARA  |  TUESDAY, 12 MAR 2024
... time, "we got a lot right and Australia is in a better place." Former New South Wales premier Baird was appointed chair on 31 July 2022. Baird said: "Phil is one of the finest financial leaders in the country and has demonstrated great integrity throughout ...

ASIC, APRA issues more FAR guidance

KARREN VERGARA  |  MONDAY, 11 MAR 2024
... The regulators unveiled several key materials for the financial services sector, which were under consultation since last July. The outcome of the consultation has led to the release of the Financial Accountability Regime Act (Information for register) ...

Super on unpaid parental leave extended in Western Australia

ELIZA BAVIN  |  MONDAY, 11 MAR 2024
... Western Australian government will extend the payment of superannuation on unpaid parental leave to up to 24 weeks from 1 July 2024 for all WA public sector employees. The initiative is expected to cost up to $46 million over the next four years with ...

FICAP RockStar slated for July

JAMIE WILLIAMSON  |  MONDAY, 11 MAR 2024
The Financial Industry Community Aid Program's (FICAP) annual Who wants to be a RockStar? event is returning in July and, for the first time, the event's winner will take home an incredible prize. FICAP's flagship event will take place in Sydney on ...

Islamic Bank hands back licence

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
... The banking startup, owned in part by Hejaz Financial Services, surrendered its restricted licence to APRA last week. Since July 2022, Islamic Bank held a licence to operate a restricted authorised deposit-taking institution (RADI). This "allows an entity ...

'About bloody time': Industry responds to PPL super reform

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
... government has said, if it wins the next election, it will add superannuation contributions of 12% to parental leave payments from July 2025. The measure is expected to benefit 180,000 families annually, primarily women, adding about $7000 to their nest ...

Government to pay super on paid parental leave

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
... Australian women, 12% superannuation contributions will be made by the government alongside parental leave payments, effective 1 July 2025. That is, if Labor is successful at the next federal election, expected to take place in May next year. The measure ...