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Showing 681 - 690 of 5346 results for "War"

PwC picks senior leaders to oversee review

CASSANDRA BALDINI  |  TUESDAY, 16 MAY 2023
Former Telstra boss Ziggy Switkowski has been picked to lead an independent review of the firm and its own Tony O'Malley has been appointed chief risk and ethics leader amid the ongoing tax crisis. The independent review, originally announced last ...

AustralianSuper mistake spurs call for regulatory intervention

ANDREW MCKEAN  |  MONDAY, 15 MAY 2023
Super Consumers Australia (SCA) is urging all superannuation funds to review their account handling processes in the wake of AustralianSuper refunding $70 million to approximately 100,000 members who held multiple accounts with the fund. Last week ...

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 ...

What you need to know about the 2023-24 budget

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
Cost of living pressures and the 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 ...

How this budget was built

ALEX DUNNIN  |  TUESDAY, 9 MAY 2023
... explaining the downward tilt is that the commodities sector which boomed in 2022 thanks to the impact of the Russia-Ukraine war, is now experiencing falling prices for the nation's export staples of LNG, iron ore, coking coal and rural outputs. Recall ...

Budget cuts advisers' power bills, admin burden

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
Operating a financial advice practice is set to become easier and cheaper under a raft of measures the federal government has introduced, which includes buffering the rising costs of power bills and reducing administration burdens. Federal treasurer ...

Issuers must lift DDO game: ASIC

CASSANDRA BALDINI  |  THURSDAY, 4 MAY 2023
The regulator issued a warning to investment product issuers after a review found woeful compliance in meeting the design and distribution obligations (DDO). Since last July, ASIC has placed interim stop orders on 26 investment products from 18 issuers ...

Uptick in adviser numbers: Research

KARREN VERGARA  |  WEDNESDAY, 3 MAY 2023
The financial advice industry bucked the trend for the first time in more than three years, adding 626 advisers during the March 2023 quarter. A new report by Rainmaker Information shows that the advice profession gained several advisers in the non-aligned ...

Reserve Bank raises cash rate to 3.85%

JAMIE WILLIAMSON  |  TUESDAY, 2 MAY 2023
The Reserve Bank of Australia (RBA) has opted to increase the cash rate target to 3.85%. Meeting today, the RBA board chose to go with a 25 basis point increase, and also increased the rate paid on Exchange Settlement balances by 25 basis points to ...

RBA verdict on knife edge: Economists split

ANDREW MCKEAN  |  TUESDAY, 2 MAY 2023
As anticipation builds for today's Reserve Bank of Australia (RBA) meeting, economists are sharply divided on the outcome. Last month, the RBA held the cash rate steady at 3.6%. However, leading economists cautioned Australians not to discount the possibility ...