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Showing 611 - 620 of 4503 results for "Case"

Base rate lifts to 4.35%

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2023
... follow up hike in December is unlikely. However, we see the February 2024 meeting as being in play - although our central case has them on hold," he said. If lenders pass on the 0.25% increase, RateCity research director Sally Tindall calculates the ...

Active funds outperform passive strategies - sometimes

ANDREW MCKEAN  |  MONDAY, 6 NOV 2023
Morningstar has revealed that in sectors such as Australia mid/small blend and local large value equities, active funds demonstrate superiority, while passive funds remain dominant in markets with representative indexes. According to the research house's ...

Dispute resolution failures land TelstraSuper in Federal Court

KARREN VERGARA  |  MONDAY, 6 NOV 2023
... incorrectly. ASIC is seeking declarations, pecuniary penalties and other orders against TelstraSuper. The date for the first case management hearing is yet to be scheduled.

Inflation eases to 5.4%, RBA tipped to hike interest rates

ANDREW MCKEAN  |  THURSDAY, 26 OCT 2023
... forecast that inflation returns to target over that horizon. "The door is open for a November cash rate hike and our central case sees the RBA lifting its cash rate by 25 basis points at that meeting."

ASIC's pursuit of Mayfair 101 founder faces setback

JAMIE WILLIAMSON  |  THURSDAY, 26 OCT 2023
The corporate regulator's bid to run an expanded case against Mayfair 101's James Mawhinney was rejected by the Federal Court yesterday, with the judge saying fresh claims brought by ASIC would place Mawhinney in "significantly greater jeopardy." Having ...

Life insurance complaints drop 24%

KARREN VERGARA  |  WEDNESDAY, 25 OCT 2023
The number of life insurance complaints may have declined 24% in the 2023 financial year, but policyholders continue to complain about claims-handling delays and insurers peddling misleading information. According to the Australian Financial Complaints ...

ASIC loses case against Diversa

JAMIE WILLIAMSON  |  TUESDAY, 24 OCT 2023
The Federal Court has found in favour of Diversa in the case brought by ASIC in 2021 which alleged the trustee knew about a now banned adviser's dodgy behaviour but failed to act. In October 2021, ASIC commenced civil penalty proceedings against ...

Super fund, insurer admin issues draw AFCA complaints

KARREN VERGARA  |  MONDAY, 23 OCT 2023
Life insurers and superannuation funds continue to pin systemic issues on administrative and legacy systems that have drawn customer complaints and, in some cases, led to large compensation payouts, according to the Australian Financial Complaints Authority ...

Inflation data not encouraging: Powell

CASSANDRA BALDINI  |  FRIDAY, 20 OCT 2023
... three and six months are now running below 3%, but these shorter-term measures are often volatile," he outlined. "In any case, inflation is still too high, and a few months of good data are only the beginning of what it will take to build confidence ...

Equip Super welcomes new chair

CHLOE WALKER  |  TUESDAY, 17 OCT 2023
Michael Cameron will become the fund's new chair, replacing Danny Casey. Taking over in November, Cameron will lead Equip Super's nine-person board, consisting of three independent directors, three member directors, and three employer directors. ...