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

Search Results

Showing 41 - 50 of 502 results for "Purchasing"

Former Big Un executive smacked with insider trading charge

ANDREW MCKEAN  |  WEDNESDAY, 14 JUN 2023
... allegations surfaced that it was paying commissions to a financial entity that was providing loans to shareholders purchasing its shares. The company was liquidated in 2019 after internal audits revealed an unstainable loss-making operation with $50 ...

Vanguard fined for defective account statements

KARREN VERGARA  |  MONDAY, 5 JUN 2023
... Another bungle wrongly reflected margin credits and debits for 57,000 customers - such as paying down margin debt or purchasing a security on margin-as market appreciation or depreciation when there was an open position across multiple months. For some ...

Search funds beat VC, private equity returns

CASSANDRA BALDINI  |  THURSDAY, 20 APR 2023
... excess of 30%. Developed by universities Harvard and Stanford in 1984, the search fund model supports entrepreneurs in purchasing a single small business by kicking off a capital-raising process where around $500,000 to $700,000 is initially secured ...

Super reform "takes away the right to be tax exempt"

ANDREW MCKEAN  |  TUESDAY, 28 MAR 2023
... dollars is around $2.6 million, depending on the discount rate applied. With inflation significantly reducing money's purchasing power, consequently she argued that a long-term cap should be indexed to minimise its impact on superannuation savings. ...

The seven global megatrends to watch: CSIRO

CHLOE WALKER  |  MONDAY, 27 MAR 2023
... increased access to information, but also the importance of social and environmental issues when it comes to making purchasing decisions."

Inflation decimates retiree purchasing power

ANDREW MCKEAN  |  FRIDAY, 10 MAR 2023
Inflation is eroding retirees' purchasing power, posing a significant risk to their financial stability. With CPI now at 7.8% as of the December quarter of 2022, inflation has become an increasingly pressing issue for retirees, who worry that their ...

ACCC blitzes social media influencers

ANDREW MCKEAN  |  MONDAY, 30 JAN 2023
... ever-increasing number of manipulative marketing techniques on social media, designed to exploit or pressure consumers into purchasing goods or services." Further, ensuring consumers can make informed purchasing decisions is crucial for the success of ...

ASIC sues crypto fintech over unlicensed advice

JAMIE WILLIAMSON  |  THURSDAY, 24 NOV 2022
... outside financial services law," ASIC deputy chair Sarah Court said. "ASIC is aware that many consumers are interested in purchasing or investing in crypto-assets. Crypto-assets are risky, inherently volatile, and complex and ASIC remains concerned that ...

No big surprises, Levy promises

CASSANDRA BALDINI  |  WEDNESDAY, 23 NOV 2022
... need on a day-to-day basis," she said. As an example, she said she considers calling a general insurance company and purchasing home and contents insurance is personal advice; "I would like them to be able to give that advice." "Some of you may disagree ...

Magellan seeks $1m increase to director fees

ANDREW MCKEAN  |  TUESDAY, 15 NOV 2022
... process," he said. In addition, the explanatory notes stated directors on the board historically participated in a Share Purchasing Plan (SPP) loan program to create alignment with shareholders in lieu of market levels of fixed director fees. However ...