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Showing 6591 - 6600 of 28267 results for "NOT"

ISA ramps up campaign against super reforms

ELIZA BAVIN  |  MONDAY, 14 DEC 2020
... underperforming funds and ensured the disgraceful misconduct by super trustees revealed at the Banking Royal Commission could not happen again," ISA said. ISA said it has made a submission in response to the proposed reform outlining several issues it ...

Chief economist update: An extra mile for a deal

BENJAMIN ONG  |  MONDAY, 14 DEC 2020
... could face delays too for obtaining treatment for patients. All these sectors will also have deal with a weaker sterling." Not good... for the UK. But before you cry, "the sky is falling", note that the UK has left a European grouping not so long ago ...

How far are we from a trillion-dollar super fund?

KANIKA SOOD  |  FRIDAY, 11 DEC 2020
... in new capital to stabilise their businesses." Rainmaker Information executive director Alex Dunnin said AustralianSuper is not far from $500 billion if the current growth rate continues. "They are growing at 10 to 20% each year. If this continues and ...

360 Capital raises bid for Evans Dixon

KANIKA SOOD  |  FRIDAY, 11 DEC 2020
... reversed their recommendation after the October 27 bid. The company's original offer was conditional on EP1's shares/options plan not getting through at the AGM - but the resolution passed. 360 Capital on November 17 flagged it is considering whether ...

Financial services' biggest tax bills revealed

ANNABELLE DICKSON  |  FRIDAY, 11 DEC 2020
... years or expensing projects operating in a start-up phase. "The ATO takes steps to verify that losses in the large market are not created through contrived schemes, but actual losses that can be traced back to commercial operations," ATO deputy commissioner ...

GE, Cheesecake Factory pursued for disclosure violations

ELIZABETH MCARTHUR  |  FRIDAY, 11 DEC 2020
... internal projections indicated it only had 16 weeks of cash remaining. The SEC found that although the Cheesecake Factory did not disclose this internal information in its March 23 and April 3 filings, the company did share this information with potential ...

Mayfair 101 heads to mediation

ELIZABETH MCARTHUR  |  FRIDAY, 11 DEC 2020
... approach." Justice O'Callaghan ordered that the parties attend mediation in January 2021, in the event that a resolution is not reached the matter will proceed to trial in February 2021. ASIC first commenced proceedings against Mayfair 101 group in April ...

Clive Palmer ramps up calls for Shipton's head

ELIZABETH MCARTHUR  |  FRIDAY, 11 DEC 2020
... to pay for the chair's personal tax advice. Shipton has stepped aside, pending ASIC's own review into the matter, but has not resigned. Palmer has previously claimed that ASIC is refusing to release freedom of information material on Shipton and has ...

SMSFs dump $30bn in shares

ANNABELLE DICKSON  |  FRIDAY, 11 DEC 2020
Self-managed superannuation funds have not been spared by the market impact of COVID-19, with members dumping their allocation to listed shares over the past year, new data shows. The Australian Taxation Office quarterly statistical report for September ...

Chief economist update: ECB expands PEPP

BENJAMIN ONG  |  FRIDAY, 11 DEC 2020
... restrictions there. As ECB president Christine Lagarde intimated, while the central bank expected the second wave, it did not anticipate "the depth of it, the duration of it and the extent of the containment measures". And going forward, "While the rebound ...