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Showing 661 - 670 of 2575 results for "Treasury"

PIMCO eyes ETFs

KANIKA SOOD  |  MONDAY, 22 FEB 2021
... mFunds, in January 2020 PIMCO tried to raise for a $1 billion listed investment trust (LIT) but pulled the brakes as Treasury announced a public consultation on stamping fees for LICs and LITs. Treasury eventually removed stamping fees from LICs and ...

Review of AFCA underway

ELIZABETH MCARTHUR  |  MONDAY, 22 FEB 2021
... review of the Australian Financial Complaints Authority, asking for stakeholder feedback. The review will be conducted by Treasury, aiming to test whether AFCA is operating effectively and achieving its objectives. The terms of reference consider how ...

Continuous disclosure laws to stay

KARREN VERGARA  |  WEDNESDAY, 17 FEB 2021
... continuous disclosure laws, he said, noting that during the temporary provision period (due to expire in March 2021), Treasury found an increase in the number of material announcements to the market, relative to the same period last year. "These changes ...

Chief economist update: Amber alert

BENJAMIN ONG  |  WEDNESDAY, 17 FEB 2021
... thereafter. It could be that this time is different. But there's also Murphy's Law. The recent rise in 10-year US Treasury bond yields - up to a one-year high of 1.31% -- serves as a yellow light -- an amber alert -- to the equity markets. But ...

To keep or not to keep JobKeeper

BENJAMIN ONG  |  MONDAY, 15 FEB 2021
"Never ask a barber if you need a haircut," Warren Buffett once famously advised. The barber's nod will invariably be met with opposition from shampoo manufacturers. Such is the divide between the Morrison government (the barber) and labour unions ...

Chief economist update: The US inflation dilemma

BENJAMIN ONG  |  TUESDAY, 9 FEB 2021
"Anything worth doing is worth overdoing. Moderation is for cowards." - Shane Patton Did current US Treasury Secretary Janet Yellen (under Biden's administration) just call former US Secretary Lawrence Summers (under Clinton's) a coward? I refer of ...

APRA releases final ERS figures

ELIZA BAVIN  |  MONDAY, 8 FEB 2021
... billion was removed from the superannuation industry from 20 April 2020 to 31 December 2020. The ERS scheme surpassed Treasury's initial estimates of $29 billion but has fallen short of its revised estimates of $42 billion being removed. Of the 3.5 million ...

Shipton to leave ASIC

JAMIE WILLIAMSON  |  FRIDAY, 29 JAN 2021
... made no adverse findings against Shipton or former deputy chair Daniel Crennan. However, Thom did say it was open to Treasury to seek legal advice as to whether Shipton breached applicable codes of conduct and what action could be taken if so. "After ...

Chief economist update: Taper talks are premature

BENJAMIN ONG  |  FRIDAY, 29 JAN 2021
... track to moderately exceed 2% for some time." "In addition, the Federal Reserve will continue to increase its holdings of Treasury securities by at least $80 billion per month and of agency mortgage-backed securities by at least $40 billion per month ...

Super concerns over legislation: Schroders

ANNABELLE DICKSON  |  FRIDAY, 22 JAN 2021
... seen as a positive but the performance benchmarking remains the biggest challenge for funds. "The industry has engaged Treasury on the details of the performance benchmarking and the consultation ended before Christmas so some tweaks might come in," ...