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Showing 611 - 620 of 1813 results for "Bill 2013"

Companies must clarify purpose: Fink

JAMIE WILLIAMSON  |  WEDNESDAY, 17 JAN 2018
The chief executive of the world's largest investment firm believes the world's public companies may lose their license to operate if they fail to engage with activist investors to ensure long-term value for shareholders. In his annual letter to chief ...

Chief economist update: Bond sell bomb shell

BENJAMIN ONG  |  THURSDAY, 11 JAN 2018
Bill Gross - known as the "king of bonds" - has recently dropped a bombshell, or in this case, a bond sell. The Financial Times reports that: "The Janus Henderson manager said the $2.2bn Global Unconstrained Bond Fund has taken a short position on Treasuries ...

NAB refunds home loan customers

KARREN VERGARA  |  TUESDAY, 19 DEC 2017
NAB refunded $1.7 million to home loan customers after it failed to properly set up mortgage offset accounts, according to ASIC. Customer complaints prompted NAB to conduct an internal review, which found the bank failed to link offset accounts to broker ...

Aurora traces stolen $1 million to former owner

ALEX BURKE  |  TUESDAY, 19 DEC 2017
Aurora Funds Management, which terminated the employment of its chief financial officer after $1 million disappeared from a listed trust in November, has traced the missing money to its former parent company, also listed on the ASX. Aurora told shareholders ...

AFCA, key housing bills passed

EMMA RAPAPORT  |  THURSDAY, 7 DEC 2017
A number of new measures that will dramatically impact the way consumers interact with the financial services industry have cleared both houses of parliament. The Australian Financial Complaints Authority (AFCA), announced in this year's Federal Budget ...

Government superannuation reforms shelved

EMMA RAPAPORT  |  TUESDAY, 5 DEC 2017
The Federal Government has been forced to pull its controversial superannuation bills for the year after losing the support of key crossbench senators. The bills were reintroduced in September and, among several policies, attempt to strengthen APRA's ...

Un-Keynesian

BENJAMIN ONG  |  TUESDAY, 5 DEC 2017
It's a crying shame the alleged "collusion" between Trump's campaign and Russia came out when it did - about the same time as POTUS appears to be within grasps of tucking his first legislative win under his belt. Oh yes, this refers to the long-promised ...

Government caves to banking Royal Commission

KARREN VERGARA  |  THURSDAY, 30 NOV 2017
The Turnbull Government announced it will establish a royal commission into the alleged misconduct of banks, insurers and superannuation funds. The inquiry will also investigate the regulators' ability to identify and address misconduct, but will not ...

ASIC recoups $40m from NAB and ANZ

ALEX BURKE  |  TUESDAY, 21 NOV 2017
NAB and ANZ will pay ASIC $20 million each to cover investigation costs over the banks' participation in the setting of the bank bill swap rate (BBSW). On November 10, the Federal Court ruled that both banks had attempted to engage in "unconscionable ...

Tanner appointed to Suncorp board

EMMA RAPAPORT  |  MONDAY, 13 NOV 2017
Former Federal Minister for Finance and Deregulation Lindsay Tanner has joined the board of Suncorp Group as a non-executive director. He fills one of the vacancies created by the retirement of Bill Bartlett and Ewoud Kulk after the Suncorp AGM in September. ...