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Showing 651 - 660 of 3969 results for "Law"

Investing in research generates threefold economic output

ROSE MARY PETRASS  |  THURSDAY, 7 SEP 2023
... earnings of up to $100 million per year by 2032. Funding research can also generate social benefits. The project "Changing the law to protect survivors of domestic and family violence", led to changes to domestic and family violence laws in Queensland ...

Government passes FAR legislation

KARREN VERGARA  |  WEDNESDAY, 6 SEP 2023
... Assent. For the insurance and superannuation industries, it will apply 18 months after Royal Assent. A key objective of the law "is to improve the operating culture of entities in the banking, insurance and superannuation industries and to increase transparency ...

Financial hardship neglect lands Westpac in court

KARREN VERGARA  |  TUESDAY, 5 SEP 2023
... proceedings in the Federal Court, alleging that Westpac failed to respond to hardship notices within 21 days as required by law. Between 2015 and last year, 229 customers experiencing financial hardship - many of whom were unable to work or had serious ...

Government consults on superannuation objective laws

ANDREW MCKEAN  |  FRIDAY, 1 SEP 2023
The federal government is consulting on proposed superannuation legislation that will enshrine an objective to "preserve savings to deliver income for a dignified retirement, alongside government support, in an equitable and sustainable way." The Superannuation ...

Latest CPI data provides case for rate pause

CHLOE WALKER  |  THURSDAY, 31 AUG 2023
Inflation in Australia has slowed to its lowest level in a year and a half, encouraging thoughts that the Reserve Bank of Australia (RBA) tightening cycle has peaked. The Australian Bureau of Statistics (ABS) revealed the consumer price index (CPI) ...

Commonwealth to disclose climate risks in sovereign bonds

ROSE MARY PETRASS  |  THURSDAY, 31 AUG 2023
The Commonwealth of Australia will disclose climate risk in sovereign bonds for the first time following the settlement of a world-first class action lawsuit. The case, filed in 2020 by retail investor Kathleen O'Donnell, was represented pro bono ...

Climate change to create 'portfolio manager 2.0':Robeco

CASSANDRA BALDINI  |  WEDNESDAY, 30 AUG 2023
... find a way into our investment models," he said. "Strategic allocation needs to incorporate climate change and nature's law scenarios in the market assumptions." He explained that relying on historical datasets and benchmarks also has limitations ...

Legacy issues, business overhaul plague E&P results

KARREN VERGARA  |  FRIDAY, 25 AUG 2023
Legacy issues and ongoing structural changes continue to plague E&P Financial Group as it looks for better performance under the new chief executive in FY2024. The ASX-listed firm reported sinking revenues and profits in the last financial year of $167.1 ...

Treasury names new ASIC commissioners

KARREN VERGARA  |  FRIDAY, 25 AUG 2023
... of work to become a leading data-informed regulator and strengthen our commitment to strong and decisive enforcement of the law," ASIC chair Joe Longo said. "The new commissioners will be powerful advocates for Australian consumers and investors, and ...

AMP settles class action for $110m

KARREN VERGARA  |  MONDAY, 21 AUG 2023
AMP has put to bed a class action relating to fee for no service scandals and misleading regulators as exposed by the Royal Commission but claims no responsibility in settling for $110 million. The class action filed in June 2018, affected AMP shareholders ...