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Showing 581 - 590 of 5392 results for "Federal"

Cyber breach claims CalPERS member data

JAMIE WILLIAMSON  |  THURSDAY, 22 JUN 2023
... partners, and children, CalPERS said. The vulnerability that led to the breach has been resolved and the matter reported to federal law enforcement, but CalPERS chief executive Marcie Frost said the external breach of information is inexcusable. "Our ...

Government pledges $2bn to fast-track social housing

ANDREW MCKEAN  |  MONDAY, 19 JUN 2023
... $10 billion Housing Australia Future Fund - the single biggest investment in social and affordable rental housing by a federal government in more than a decade." Of note, NSW will take the lion's share of the funding ($610 million) followed by Victoria ...

ANZ reaches agreement with QLD government over Suncorp

CASSANDRA BALDINI  |  FRIDAY, 16 JUN 2023
... review. "The acquisition of Suncorp Bank is subject to conditions including authorisation by the ACCC, approval from the Federal Treasurer and Queensland legislative amendments," ANZ said. "While the acquisition remains subject to these conditions, ANZ ...

Banned adviser told to stay put

CHLOE WALKER  |  FRIDAY, 16 JUN 2023
... made on an ex parte basis without Ridgway's presence, require him to deliver his passport to the Brisbane Registry of the Federal Court. An ASIC investigation found the former adviser put millions of dollars of client money into unauthorised investments. ...

Super planning remains top adviser focus this EOFY: Podcast

CASSANDRA BALDINI  |  THURSDAY, 15 JUN 2023
... flagged small businesses should be aware of super payday changes. "A lot of advisers probably saw that, just before the federal budget, the government made an announcement that they intend to introduce legislation to have payday SG payments," he said. ...

Federal Reserve holds rates steady

ANDREW MCKEAN  |  THURSDAY, 15 JUN 2023
Despite persistently high inflation, the Federal Reserve has chosen to keep the current target range for the federal funds rate at 5-5.25%. The Federal Open Market Committee (FOMC) opted to hold the funds rate steady, citing the need to assess additional ...

King's birthday honours for industry executives

CHLOE WALKER  |  TUESDAY, 13 JUN 2023
... Assessment Authority chair Nicholas Moore was appointed an officer of the order of Australia (AO). Moore has served as the federal government's special envoy for Southeast Asia since November 2022. Meanwhile, Alan Schwartz and Naomi Steer were recognised ...

Treasury to scrap advice admin burdens, boosts intra-fund advice

KARREN VERGARA  |  TUESDAY, 13 JUN 2023
The federal government will scrap a load of administrative burdens and give superannuation funds a larger role in making financial advice more affordable as it announces which out of the 22 Quality of Advice Review recommendations will become a reality ...

Growth, quality stocks to outperform: Podcast

CASSANDRA BALDINI  |  FRIDAY, 9 JUN 2023
... be a rotation back to value. "That's not our base case," Taw admits, saying it's due to the belief that the US Federal Reserve is engineering a recession. "We are relatively more defensive in terms of our asset allocation, strong balance sheets ...

Super funds consider future of PwC contracts

RACHEL ALEMBAKIS  |  THURSDAY, 8 JUN 2023
... keeping a watchful eye on developments. As reported by Financial Standard, Treasury has referred PwC to the Australian Federal Police (AFP) for investigation. Australian Treasury Secretary Steven Kennedy announced the matter, in which PwC senior partners ...