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| | ... than doubling the 1.3% target. Since inception, the fund has added $73 billion to the original contributions from government of $60.5 billion, with returns reaching 7.8%. Cash remains the fund's biggest asset class, making up 21% of the fund, followed ... |
| | | ... force banks to pay compensation, and it can't change laws or do anything other than make recommendations which the Government of the day is not bound to implement," Munchenberg said in an October 2016 statement. "Of those who believe banks need to improve ... |
| | | JPMorgan Chase & Co has agreed to pay more than US$130 million to settle charges brought against it by the Securities and Exchange Commission (SEC) after winning business from clients and corruptly influencing government officials in Asia Pacific by ... |
| | | ... force banks to pay compensation, and it can't change laws or do anything other than make recommendations which the government of the day is not bound to implement. "Of those who believe banks need to improve the way they operate, the majority want action ... |
| | | ... "bipartisan support." He still criticised the Coalition for not moving forward fast enough, though, accusing the government of "prevaricating." "I said that if I became Treasurer, I would deliver policy within three months of the election. Today, I challenged ... |
| | | Employment up but hours worked fell Employment in Australia grew by 0.07% in June, consistent with the average growth rate over the last six months, according to trend figures released by the Australian Bureau of Statistics (ABS). The latest Labour ... |
| | | ... contributions backdated to 2007. Shorten called out this retrospective view, yet also used his budget reply to accuse the government of pinching Labor's superannuation ideas. "Labor will gladly support our own clear and costed policy to close the unsustainably ... |
| | | The latest legislative amendments to raise the education, training and ethical standards of financial advisers have been welcomed by the industry's peak representative groups. Both the Association of Financial Advisers and the Financial Planning Association ... |
| | | Despite deteriorating market confidence and doubts over central banks' firepower and ability to influence market moods and outcomes, the events of the past week showed that CBs are anything but powerless. The Reserve Bank of New Zealand's (RNBZ) unexpected ... |
| | | ... bring stability to superannuation policy and help take it out of the budgetary cycle where it is at the mercy of the government of the day's fiscal demands." Industry Super Australia also welcomed the news, with chief executive David Whiteley adding ... |
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