Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 501 - 510 of 7360 results for "System"

Patience urged over 'shortsighted' super tax

ELIZA BAVIN  |  FRIDAY, 16 MAY 2025
... for paper profits that may never materialise. "No one disputes Treasury's desire for a fair and equitable superannuation system, but to claim this tax only affects a minority and serves the national interest is shortsighted. It ignores the broader ripple ...

Panic selling of SMSF assets 'totally unnecessary'

ELIZA BAVIN  |  THURSDAY, 15 MAY 2025
... forward as an important part of the design of what we're talking about... consistent with other elements of the tax system people will be able to carry forward losses," Chalmers confirmed. When asked whether his government was talking to the Greens ...

SMC highlights long-term benefits of investing in private markets

MATTHEW WAI  |  THURSDAY, 15 MAY 2025
... Commission's (ASIC) discussion paper, outlining how superannuation investments in the private sector can drive long-term financial system stability and prosperity for Australians. SMC believes the nation's stable and sophisticated super system has strongly ...

Macquarie raked over the coals again by ASIC

ANDREW MCKEAN  |  WEDNESDAY, 14 MAY 2025
Macquarie Securities, the broking arm of Macquarie Group, has been sued by ASIC for allegedly engaging in repeated and systemic misleading conduct in its short sale reporting to the market operator, supposedly misreporting millions of trades over 14 ...

Criminal attacks, human error drive data breaches

JAMIE WILLIAMSON  |  WEDNESDAY, 14 MAY 2025
... of 2024; 61% were cybersecurity incidents. As for other sources, 29% were the result of human error and 2% were due to system faults. In financial services, malicious and criminal attacks accounted for 30 of the 54 breaches reported. Twenty-one were ...

Chalmers lays down the law on super tax

ELIZA BAVIN  |  WEDNESDAY, 14 MAY 2025
... in self-managed super funds. Chalmers added that the calculation of unrealised gains exists in other parts of the super system. "It's not unique to what we are proposing. It affects very few people. It's still concessional treatment. It's been ...

Benchmark-clinging passive investors risk meagre returns: Perpetual

ANDREW MCKEAN  |  TUESDAY, 13 MAY 2025
Perpetual head of investment strategy Matt Sherwood has warned that passive investors banking on a repeat of the past 15 years of very strong global equity returns may be sleepwalking into a decade of disappointment. Sherwood said the past decade of ...

AMP, intelliflo introduce dashboard enhancements for advisers

MATTHEW WAI  |  TUESDAY, 13 MAY 2025
AMP and intelliflo have announced a suite of enhancements on their respective systems to offer better efficiency for advisers. Following the introduction of the AI FileNote assistant in March, AMP has brought a newly-enhanced Actively Management Dashboard ...

Daniel Mulino takes over financial services portfolio

JAMIE WILLIAMSON  |  TUESDAY, 13 MAY 2025
... balances and household wealth have grown, too many Australians still struggle to navigate an overly complex retirement system." "We look forward to working with the new minister to continue to implement targeted and well-considered reform - particularly ...

HESTA sells out of MinRes after failed engagement

JAMIE WILLIAMSON  |  MONDAY, 12 MAY 2025
HESTA divested its remaining shareholding in Mineral Resources (MinRes) following the resignation of the miner's entire ethics and governance committee just six months after it was established. The $89 billion fund put MinRes on watch in October last ...