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Showing 651 - 660 of 3464 results for "Response"

Budget of missed opportunities: Industry

CASSANDRA BALDINI  |  WEDNESDAY, 10 MAY 2023
Stakeholder responses to the federal budget are mixed at best, with many believing key measures require further consideration and consultation. Perhaps the measure that will most impact the financial services industry, the government remained firm in ...

NALI measure receives mixed response

JAMIE WILLIAMSON  |  WEDNESDAY, 10 MAY 2023
The federal government provided clarity on the Non-Arm's Length Income (NALI) provisions related to expenditure incurred by superannuation funds - however, the industry says it requires further consideration. In last night's budget, the government ...

What you need to know about the 2023-24 budget

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
... transition to clean energy took centre stage on federal budget night as the Labor Party unveiled a package of measures in response to mounting economic uncertainties. Federal treasurer Jim Chalmers delivered the 2023-24 federal budget against a backdrop ...

Labor strengthens economic equality initiatives

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
Women facing disadvantage are poised to benefit from this year's budget, as Labor promises to expand initiatives introduced in October 2022 that aim to tackle economic inequality. Federal treasurer Jim Chalmers introduced a number of measures on ...

Budget delivers surplus, with a catch

ANDREW MCKEAN  |  TUESDAY, 9 MAY 2023
... 2023-24. A more pronounced slowdown in the world economy could result from continued tightening in global monetary policy in response to persistent inflation or a deterioration in financial conditions. This would affect commodity prices, consumer and ...

ASIC revises IDR reporting framework

JAMIE WILLIAMSON  |  MONDAY, 8 MAY 2023
... industry, consumer groups and ultimately consumers themselves." ASIC also updated the IDR data reporting handbook in response to industry feedback. Financial firms have been required to record all complaints received and have an effective system for ...

Ord Minnett cops $888k fine over buyback

JAMIE WILLIAMSON  |  WEDNESDAY, 3 MAY 2023
... controls to prevent or detect the contravention and on being alerted to the contravention, did not take remedial steps in response," ASIC said. For this, it was fined $111,000.

Adopt QAR recommendations now: Levy

CASSANDRA BALDINI  |  TUESDAY, 2 MAY 2023
... also somewhat dismayed by the apparent weight given to their views." She believes that consumer groups picked such a response due to views that banks, insurers and superannuation funds will have more freedom to provide financial advice. "They think that ...

Global investors look to strike gold: Study

CHLOE WALKER  |  FRIDAY, 28 APR 2023
... as well as family offices, are increasing their allocations due to price optimism. "This surge in demand for gold is a response to growing concerns about a potential global banking crisis, emphasising the traditional role of gold and gold mining as a ...

YFYS sanctions don't help existing members: ISA

CHLOE WALKER  |  THURSDAY, 27 APR 2023
... Matt Linden said. "In a compulsory system, disengaged members should not be left languishing in a dud super fund." In response to the heatmaps, Super Consumers Australia (SCA) stated too many super funds are funds are serving up poor performance and ...