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Showing 611 - 620 of 4546 results for "October"

Super tax break changes open for consultation

KARREN VERGARA  |  TUESDAY, 3 OCT 2023
... dignified retirement, alongside government support, in an equitable and sustainable way." The consultation period runs until October 18. HLB Mann Judd wealth management partner Michael Hutton said in a recent Financial Standard podcast that the proposed ...

Inflation rises to 5.2%

CASSANDRA BALDINI  |  THURSDAY, 28 SEP 2023
... said. "We do not think that this monthly CPI indicator print will be enough to get the RBA over the line to hike at its October meeting next week." Rather, he said the RBA is likely to wait for the official quarterly CPI due on October 25 and the next ...

Skynet adviser stole $10.2m: Court

KARREN VERGARA  |  THURSDAY, 28 SEP 2023
... jail. Terence Rio Nugara, who was permanently banned by ASIC in April, stole $10,152,061.93 from 38 clients between 10 October 2014 and 9 January 2019, documents from the Country Court of Victoria show. In most cases, Nugara convinced clients to transfer ...

NextGen Financial Group forced into liquidation

KARREN VERGARA  |  MONDAY, 25 SEP 2023
... for it to be wound up after the latter failed to pay more than $270,000 it is owed. The Federal Court hearing is set for October 3 in Melbourne, according to an ASIC notice. Last year, WJ & V Drakoulis Super took NextGen to AFCA, alleging it provided ...

HMC Capital reaches first close on fund

CASSANDRA BALDINI  |  MONDAY, 25 SEP 2023
... Healthscope hospitals in May. UHF will settle the remaining $470 million with third-party institutional capital in early October. According to HMC Capital, the fund possesses a substantial brownfield development pipeline within the current Healthscope ...

MLC Life unveils retail discounts

KARREN VERGARA  |  FRIDAY, 22 SEP 2023
... offer better discounts and value for customers is one of the ways we're continuing to do that," Downey said. Last October, the insurer updated the income replacement ratios for both Income Assure and Income Assure+ by raising it for customers with ...

Trading platform pays $830k over suspicious trades

JAMIE WILLIAMSON  |  THURSDAY, 21 SEP 2023
... industry, ASIC added. The client's trading triggered ASIC alerts, which the regulator notified Interactive Brokers of in October 2021, and triggered 44 'marking the close' alerts on Interactive Brokers' own systems during the period. ASIC's Market Disciplinary ...

ASIC takes legal action against crypto exchange

ANDREW MCKEAN  |  THURSDAY, 21 SEP 2023
... margin products offered to Australian customers. Since the introduction of the design and distribution obligations (DDO) in October 2021, ASIC claims over 1160 Australian customers have suffered financial losses totalling around $12.95 million while ...

Treasury consults on PwC-linked reforms

CASSANDRA BALDINI  |  WEDNESDAY, 20 SEP 2023
... bolstering the TPB earlier this year. He said $30 million of funding was injected into the TPB, which was included in the October 2022-23 budget. Chalmers said the government also strengthened Commonwealth procurement frameworks. "The four sets of draft ...

Adviser registration deadline extended again

KARREN VERGARA  |  WEDNESDAY, 20 SEP 2023
... extended the date for financial advisers' registration requirements to 1 February 2024. Advisers previously had until October 1 to register on ASIC's Financial Advisers Register. The original deadline date was set for 1 January 2023. Advisers who ...