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Showing 651 - 660 of 12167 results for "May"

Cointree hit with AUSTRAC fine

ELIZA BAVIN  |  MONDAY, 19 MAY 2025
... breaches and said the exchange was taking proactive steps to remediate its systems and controls. "Without these steps, Cointree may have been subject to a much more serious regulatory response," he said. In 2024, AUSTRAC released the Money Laundering ...

Tariffs were never the answer: Experts

JAMIE WILLIAMSON  |  MONDAY, 19 MAY 2025
... imbalance the US has with the rest of the world is a function of its savings and investment balance," he said. "... the tariffs may impact at the margin for them, but in the end all it does is increase costs, displaces competitive production and leads ...

RBA cut expected, but then what?

ELIZA BAVIN  |  FRIDAY, 16 MAY 2025
... said. "We continue to look for an end year cash rate of 3.35% and our base case has the RBA cutting the cash rate by 25bp in May, August and November." Aird said the current state of the global economy is too uncertain at this stage for the RBA to feel ...

FTX creditors await US$5bn distribution

KARREN VERGARA  |  FRIDAY, 16 MAY 2025
Collapsed cryptocurrency exchange FTX is set to pay out US$5 billion to creditors starting May 30. The proceeds will be distributed via the FTX Recovery Trust to eligible creditors either on BitGo or Kraken. This is the second round of distributions ...

Patience urged over 'shortsighted' super tax

ELIZA BAVIN  |  FRIDAY, 16 MAY 2025
... which "inexplicably includes unrealised capital gains". Burgess said this would penalise SMSF members for paper profits that may never materialise. "No one disputes Treasury's desire for a fair and equitable superannuation system, but to claim this tax ...

Panic selling of SMSF assets 'totally unnecessary'

ELIZA BAVIN  |  THURSDAY, 15 MAY 2025
... extreme as some think. Hamilton 21 managing director Richard McDougall said while the tax is controversial, franked dividends may become an efficient way to manage tax inside a large super account. "Division 296 will apply regardless of how a fund generates ...

Lendlease looks at royal joint venture

ELIZA BAVIN  |  THURSDAY, 15 MAY 2025
... Crown Estate - King Charles' property company in the United Kingdom. In line with the property giant's strategy announced in May 2024, Lendlease said it is aiming to accelerate the release of capital from international development through capital partnering ...

Advice bodies want efficiency, long-term solutions from Mulino

KARREN VERGARA  |  WEDNESDAY, 14 MAY 2025
... Financial Outcomes (DBFO) will be prioritised. Mulino was sworn in as assistant treasurer and minister for financial services on May 13, filling in the position previously held by Stephen Jones. Mulino's vast experience and academic qualifications ...

Benchmark-clinging passive investors risk meagre returns: Perpetual

ANDREW MCKEAN  |  TUESDAY, 13 MAY 2025
... Matt Sherwood has warned that passive investors banking on a repeat of the past 15 years of very strong global equity returns may be sleepwalking into a decade of disappointment. Sherwood said the past decade of US exceptionalism, marked by the extraordinary ...

Vision Super defends new but 'archaic' policy

ELIZA BAVIN  |  TUESDAY, 13 MAY 2025
... contact us to complete the account-related discussion." Looking at the Privacy Act, APP 8.19 also outlines that an entity may disclose personal information to an overseas recipient if the entity reasonably believes that the recipient is "subject to a ...