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| | | ... 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 ... |
| | | | 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 ... |
| | | | ... 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. |
| | | | ... 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." |
| | | | 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 ... |
| | | | 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 ... |
| | | | 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 ... |
| | | | 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 ... |
| | | | ... 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 ... |
| | | | 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. ... |
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