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Showing 741 - 750 of 6445 results for "Fed"

Fed seeks feedback on rules to resolve large bank failures

ANDREW MCKEAN  |  MONDAY, 17 OCT 2022
... comment on an advance notice of proposed rulemaking to enhance regulators' ability to resolve large bank failures. The Fed said recent merger activity and growth has increased the size of large US banking organisations, which could lessen regulators' ...

Government to boost paid parental leave

JAMIE WILLIAMSON  |  MONDAY, 17 OCT 2022
The federal government plans to extend the Commonwealth paid parental leave scheme to six months come 2026. Over the weekend, prime minister Anthony Albanese said the government's October 25 Budget will introduce reforms to improve the systems' flexibility ...

Piecemeal super taxes won't fix budget deficit: FSC

ANDREW MCKEAN  |  FRIDAY, 14 OCT 2022
Financial Services Council (FSC) research shows that proposed increases to super taxes will not deliver a sustainable Federal Budget position. The FSC engaged DeltaPearl Partners to perform economic modelling of six possible measures adjusting the current ...

CPI rises despite Fed rate hikes

ANDREW MCKEAN  |  FRIDAY, 14 OCT 2022
The US Consumer Price Index (CPI) rose 0.4% in September, up 8.2% over the last year. Increases in the shelter, food, and medical care indexes were the largest of many contributors to the monthly seasonally adjusted all items increase. Though, these ...

Mayfair 101 bids for High Court appeal

JAMIE WILLIAMSON  |  THURSDAY, 13 OCT 2022
Mayfair 101's James Mawhinney has filed for special leave to appeal to the High Court, claiming ASIC being given the chance to have its case against him reheard is further denial of procedural fairness. Last month, the Full Federal Court overturned ...

Global X drops management fees

CHLOE WALKER  |  WEDNESDAY, 12 OCT 2022
... may be nearing or at its peak, creating opportunities to start allocating back to fixed income. "At the same time, the US Fed is maintaining its hawkish stance on rate increases and is steadfast on curbing inflation," Metcalf said. "We see this presenting ...

Court dismisses Mayfair 101 appeal

JAMIE WILLIAMSON  |  TUESDAY, 11 OCT 2022
The Full Federal Court dismissed an appeal by Mayfair 101 to overturn the findings of misleading advertising and the $30 million fine it was handed in December last year. In March 2021, the Federal Court found Mayfair 101's group of companies engaged ...

FPA seeks broader scope for CSLR

CHLOE WALKER  |  MONDAY, 10 OCT 2022
In its pre-budget submission, the Financial Planning Association of Australia (FPA) has called on the federal government to broaden its proposed compensation scheme of last resort (CSLR) and to extend the ASIC levy freeze for advisers for another year. ...

Data sharing laws updated in response to Optus breach

JAMIE WILLIAMSON  |  FRIDAY, 7 OCT 2022
The government is proposing changes to the Telecommunications Regulations 2021 following the Optus breach that will impact how APRA-regulated entities respond to cybersecurity incidents and risks. Changes from the government are expected to provide ...

RBA tipped for another rate rise

CHLOE WALKER  |  TUESDAY, 4 OCT 2022
... the hand of the RBA," he said. Janus Henderson investment strategist Frank Uhlenbruch agreed with Solomon's forecast. "Given Fed signalling, we now look for a 50bps tightening from the RBA in October, which would take the cash rate to 2.85% and policy ...