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Showing 631 - 640 of 4736 results for "Reserve"

La Trobe fined for misleading investors

ELIZABETH MCARTHUR  |  MONDAY, 29 NOV 2021
La Trobe Financial has been fined for misleading investors in its $5 billion fund. The Federal Court has ordered La Trobe Financial Asset Management to pay a $750,000 penalty for false and misleading marketing of the La Trobe Australian Credit Fund ...

Economic recap: Week to November 26

BENJAMIN ONG  |  MONDAY, 29 NOV 2021
... Bank of Canada announced the end of its quantitative easing programme. This was followed very, very soon after by the Reserve Bank of Australia's (RBA) decision to "discontinue the target of 10 basis points for the April 2024 Australian Government bond" ...

RBA names head of payments policy

ANNABELLE DICKSON  |  THURSDAY, 25 NOV 2021
The Reserve Bank of Australia (RBA) promoted a longstanding employee as head of the payments policy department. Ellis Connolly has been with the RBA for over 20 years and was most recently deputy head, financial markets infrastructure in payments policy ...

Pella Funds Management adds to advisory board

CHLOE WALKER  |  WEDNESDAY, 24 NOV 2021
... Bureau of Economic Research, research fellow at the Institute for Fiscal Studies, and economic consultant at the Federal Reserve Bank of Chicago. Woods brings over 20 years of experience across ESG and sustainable investment and was previously co-head ...

Treasurer announces FIRB, RBA appointments

CHLOE WALKER  |  MONDAY, 22 NOV 2021
Treasury has announced new appointments to the Foreign Investment Review Board and the Reserve Bank of Australia Carolyn Kay has been appointed a part-time member of the Foreign Investment Review Board for a five-year term by the Morrison government ...

Hume throws shade at trustee rainy day funds

KARREN VERGARA  |  MONDAY, 22 NOV 2021
... several super funds applied to the courts seeking permission to charge members a new fee that builds a financial contingency reserve. Cbus recently made a request to the Supreme Court to allow it to change its rules and create a pool that pays for future ...

APRA questions trustees on financial resilience

CHLOE WALKER  |  MONDAY, 22 NOV 2021
... meaning improvements need to be made. Some of the issues identified include RSE licensees not being sure of appropriate reserve target amounts and a lack of clearly articulated processes for periodic reviews or reserve management. With the need for funds ...

Economic recap: Week to November 19

BENJAMIN ONG  |  MONDAY, 22 NOV 2021
... rising prices at bay. Some central banks have already raised interest rates, others "tapered" their bond purchases, and the Reserve Bank of Australia (RBA) ditched its target to keep the April 2024 Australian government bond yield at 10 basis points ...

Sequoia buys general insurance book

JAMIE WILLIAMSON  |  THURSDAY, 18 NOV 2021
The ASX-listed wealth group is expanding its offering, obtaining a new general insurance AFSL and acquiring the customer book of a brokerage firm. Sequoia Financial Group has acquired the customer book of Tag Insurance Brokers, its associated business ...

Economic recap: Week to November 12

BENJAMIN ONG  |  MONDAY, 15 NOV 2021
Did the Reserve Bank of Australia (RBA) jump or was pushed by the bond market to scrap its target to keep the April 2024 Australian government bond yield at 10 basis points. The answer to this question becomes important because it would dictate future ...