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Showing 631 - 640 of 7371 results for "Consumer"

Crypto fintech needed AFSL, court says

JAMIE WILLIAMSON  |  MONDAY, 12 FEB 2024
ASIC has had its first court win in relation to cryptocurrency, with fintech Block Earner found to have offered a financial product to retail investors without a licence. However, it was a mixed outcome for the regulator, with another allegation quashed. ...

EQT winds up Mirae Asia equity fund

CHLOE WALKER  |  FRIDAY, 9 FEB 2024
Equity Trustees (EQT) is set to close the Mirae Asset Asia Great Consumer Equity Fund, with final termination expected on or around April 5. As the fund's responsible entity, EQT said the decision to close the Asia Great Consumer Equity Fund was ...

Cash rate unchanged at 4.35%

KARREN VERGARA  |  WEDNESDAY, 7 FEB 2024
... commodities exporter, relatively less restrictive monetary policy and supportive fiscal policy. Wang expects to see Australian consumer sentiment moderately improve in the coming months, helped by declining inflation and possible tax and rate cuts this ...

Unlicensed crypto investor faces jail time

CHLOE WALKER  |  TUESDAY, 6 FEB 2024
A Queensland man has been charged with nine offences and is facing imprisonment for running a financial services business without a licence. The charges were filed after an investigation by ASIC, which discovered that Aryn Hala had made promises to ...

ASIC to tighten grip on super fund misdemeanours

ANDREW MCKEAN  |  FRIDAY, 2 FEB 2024
ASIC deputy chair Sarah Court has reaffirmed that the corporate regulator is targeting member service failures, greenwashing, and inappropriate fees and charges, cautioning the superannuation industry to lift its game. At an industry event, Court said ...

AI is not the 'Wild West': Longo

CHLOE WALKER  |  THURSDAY, 1 FEB 2024
Despite the rapid progress of artificial intelligence (AI), existing obligations around good governance and the provision of financial services remain robust, according to ASIC chair Joe Longo. Addressing the crowd yesterday at the UTS Human Technology ...

Norway's oil fund returns 16% in 2023

JAMIE WILLIAMSON  |  WEDNESDAY, 31 JAN 2024
... from technology companies like Microsoft, Apple, Nvidia, and Meta. The technology sector contributed $129 billion, while consumer discretionary followed, delivering $52 billion. Elsewhere, another significant contributor to the return was Novo Nordisk ...

Quinn family rescues beloved Sara Lee

CHLOE WALKER  |  TUESDAY, 30 JAN 2024
... millionaire Tony Quinn, founder of VIP Petfoods. FTI Consulting noted that the Quinn family have been successful in fast-moving consumer goods businesses, most recently involved in the purchase of Darrell Lea after it had gone into voluntary administration ...

Insignia Financial touts strong start to FY24, simplification

JAMIE WILLIAMSON  |  THURSDAY, 25 JAN 2024
... chief transformation officer, but will now oversee the professional services advice teams, advice enablement services, consumer and commercial marketing, and member engagement and wellbeing. Another of its key initiatives, its new advice services partnership ...

Australian Ethical super chief goes for growth in 2024

ANDREW MCKEAN  |  TUESDAY, 23 JAN 2024
... things we actively target, and the destructive sectors we exclude from our portfolios," he said. "We believe that growing consumer awareness and sentiment, which we see across all age demographics, is a good thing, because it encourages people to engage ...