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Showing 581 - 590 of 2995 results for "Problem"

FSU calls for NAB staff to audit pay

ALLY SELBY  |  MONDAY, 15 JUN 2020
... of several significant issues which will be investigated by consultants PWC and KWM." The discovery of the underpayment problem at the bank could be attributed to union members complaining to the FSU, Streets said, encouraging other members to audit ...

US GDP to contract 6.5%: Fed

ELIZA BAVIN  |  THURSDAY, 11 JUN 2020
... before rising to 1.5% next year and 1.7% in 2022, still short of the 2% 'sweet spot' - indicating that inflation is not a problem in any way on the Fed's radar," Miller said. "The key difference between now and the December quarter 2018 is that then ...

ASIC mainly concerned with media releases: Lawyer

ELIZABETH MCARTHUR  |  TUESDAY, 9 JUN 2020
... think robo-advice and digital Statements of Advice may be the answer, Yazbeck said in fact these solutions compound the problem. "They embed the very thing ASIC wants to eradicate: templated SOAs. And good luck reproducing a digital SOA to ASIC in response ...

Senator criticises lazy super system

JAMIE WILLIAMSON  |  FRIDAY, 5 JUN 2020
... recommendation for a best-in-show list and, in doing so, casted doubt over whether the proposal will actually eventuate. "The problem with best-in-show is that it's a little bit complicated to explain. It was one solution to changing the default ...

38 staff punished over AUSTRAC scandal: Westpac

ELIZA BAVIN  |  THURSDAY, 4 JUN 2020
Westpac has confirmed 38 staff copped a range of remuneration consequences as a result of the bank's investigations into the AUSTRAC scandal. In a statement, the bank confirmed it should have recognised the faults in its systems earlier. "The report ...

Zurich pledges to COVID-19 support

ELIZA BAVIN  |  TUESDAY, 2 JUN 2020
... charity agencies. We are seeing new demographic groups who have never had to ask for food assistance before and we know this problem will not be fixed overnight." "In the past month, we have sourced more key staple foods than in the three years prior ...

Impact offers opportunity during crisis: Report

ELIZA BAVIN  |  MONDAY, 1 JUN 2020
As COVID-19 exposes entrenched problems in society, the ability to scale social impact investments in Australia holds significant promise to drive progress towards solutions, a new report reveals. UTS associate professor Danielle Logue and Dr Gillian ...

Details of Mayfair's default revealed

ELIZABETH MCARTHUR  |  MONDAY, 1 JUN 2020
Vasco Trustees and ASIC had grave concerns about the financial position of Mayfair 101 for months before receivers were appointed to IPO Wealth, according to court filings. Filings from Vasco Trustees, the trustee for the IPO Wealth Fund, in the Supreme ...

Red tape to slow recovery: Lowe

ELIZA BAVIN  |  FRIDAY, 29 MAY 2020
... banks package has been working as expected, he warned against increasing regulation. "Over the past 20 years whenever a problem has emerged in society we have generally responded with additional regulation," Lowe said. "But that process is also limiting ...

SMSFs to weather the storm

ELIZA BAVIN  |  THURSDAY, 28 MAY 2020
... of the pandemic means this segment is shouldering a lot of the burden. "I'm very conscious that this is a first world problem, and nobody is going to be drumming up a lot of sympathy for the self-funded retiree," Heffron said. "But if we are talking ...