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Showing 721 - 730 of 5346 results for "War"

Dodgy advice bill nears $5bn: ASIC

CASSANDRA BALDINI  |  FRIDAY, 10 MAR 2023
Providing its final update on institutions' financial advice remediation programs, ASIC calculated AMP, ANZ, Commonwealth Bank (CBA), Macquarie, NAB and Westpac have so far paid a combined $4.7 billion. The remediation programs included in ASIC's update ...

Senate inquiry to scrutinise proposed franking credit rules

ANDREW MCKEAN  |  THURSDAY, 9 MAR 2023
A Senate Economics Committee inquiry will scrutinise the government's proposed changes to franking credits, which target share buybacks and capital raisings. In February, assistant treasurer and minister for financial services Stephen Jones introduced ...

US interest rates may go higher than expected: Powell

CASSANDRA BALDINI  |  THURSDAY, 9 MAR 2023
Interest rates may well be higher than previously anticipated following stronger economic data, said Federal Reserve chair Jerome Powell before the House Financial Services Committee. Providing testimony yesterday, Powell explained the Fed will continue ...

In need of repair: Gender stereotypes and advice

KARREN VERGARA  |  TUESDAY, 7 MAR 2023
If a male and female customer, each experiencing the same car troubles, take their vehicles for repairs to the same mechanic, who is more likely to get ripped off? That a woman will end up paying more is a tired cliché that continues to play out in ...

Airlie founder to step down, successor named

KARREN VERGARA  |  TUESDAY, 7 MAR 2023
The founder of Airlie Funds Management will retire in mid-2023 after spending more than 30 years in the industry. John Sevior established Airlie in 2012 after working 17 years at Perpetual Investments, serving as its head of equities, and overseeing ...

Bravura $80m restructure underway

KARREN VERGARA  |  TUESDAY, 7 MAR 2023
Bravura Solutions has raised $80 million that will fund a business restructure under its newly minted chief executive. Bravura announced this morning that it raised $66 million, split between a $43 million institutional entitlement offer and $23 million ...

Capital markets spearhead next recession: CIO

KARREN VERGARA  |  FRIDAY, 3 MAR 2023
Capital markets will be potentially the epicentre of the next financial crisis, according to an investment expert, as unsustainable debt levels could tip global economies into a recession. In her recent visit to Australia, Ariel Investments chief investment ...

Chalmers' promise to end super wars foiled by criticism

ANDREW MCKEAN  |  THURSDAY, 2 MAR 2023
Last month, Treasurer Jim Chalmers pledged to end the super wars, but opposition to proposed super tax changes suggest a resolution is unlikely. Opposition leader Peter Dutton stated that he's "dead against" the government's proposed tax changes ...

Australian dividends surge in 2022: Report

CASSANDRA BALDINI  |  WEDNESDAY, 1 MAR 2023
... strong dividend recovery of 2021, growing their payouts by 5.9% over the year. "Despite rampant inflation, interest-rate hikes, war and asset price declines in 2022, global dividends continued to grow highlighting their importance to investors all round ...

Super tax break crackdown to hit $410bn in savings

ANDREW MCKEAN  |  WEDNESDAY, 1 MAR 2023
... super funds (SMSFs), Rainmaker Information said. This is another case study of how retail super has lost the superannuation war, it added. According to the ATO, SMSFs with balances over $5 million account for only 4.7% of all funds, yet they hold a substantial ...