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Showing 761 - 770 of 2997 results for "February 11"

ASIC drags CommSec to court

ELIZABETH MCARTHUR  |  MONDAY, 1 MAR 2021
ASIC has commenced civil proceedings against CommSec and AUSIEX in the Federal Court. CommSec overcharged brokerage fees to customers on 120,933 occasions totalling $4,352,194 between August 2010 and February 2020, ASIC alleges and CommSec has admitted. ...

NEOS shakes up leadership team

KARREN VERGARA  |  MONDAY, 1 MAR 2021
NEOS Life has made several senior appointments, including new leads for its actuary, claims and implementation departments. Kirshan Reddy joined as chief actuary in February after working at MLC Life Insurance as the head of profitability and performance ...

CPP Investments chief steps down

KARREN VERGARA  |  MONDAY, 1 MAR 2021
The chief executive of the Canada Pension Plan Investment Board (CPP Investments) has exited the top job amid reports he left the country to receive a COVID-19 vaccination. CPP Investments announced that Mark Machin resigned shortly after he "decided ...

Remains of Melissa Caddick found

ELIZABETH MCARTHUR  |  FRIDAY, 26 FEB 2021
A foot in a shoe has been identified as belonging to missing woman Melissa Caddick, the woman who claimed to be a financial adviser and is the subject of an ongoing ASIC investigation. The human remains were discovered on a beach on the NSW South Coast ...

ASIC takes NAB to court

KANIKA SOOD  |  THURSDAY, 25 FEB 2021
The corporate regulator has taken NAB to the Federal Court, alleging the bank wrongly charged customers fees for at least 12 years. The regulator yesterday filed initial documents with the Federal Court's Queensland registry, seeking orders that NAB ...

ATO begins stimulus fraud convictions

ELIZA BAVIN  |  THURSDAY, 25 FEB 2021
The Australian Taxation Office (ATO) has started cracking down on those who fraudulently accessed government stimulus measures in relation to COVID-19 with the first conviction. Raed Saleh was convicted in the Heidelberg Magistrates Court of three counts ...

Chief economist update: Australia's virtuous cycle

BENJAMIN ONG  |  THURSDAY, 25 FEB 2021
... points as "unemployment expectations" dropped by 3.8% over the month and by 15.0% from a year ago to 114.5 points in February - below its long term average of 130.1 points. Wait there's more! The unemployment rate dropped to 6.4% in January from ...

ASIC extends olive branch to inside traders

KANIKA SOOD  |  WEDNESDAY, 24 FEB 2021
ASIC is encouraging people to dob in others who worked with them on market manipulation, insider trading or dishonest conduct in financial services - in exchange for immunity. ASIC says it can offer such individuals immunity from civil proceedings ...

Macquarie to profit off severe weather

ANNABELLE DICKSON  |  MONDAY, 22 FEB 2021
Macquarie Group has increased its short-term guidance as demand rises for gas and power in Texas after severe weather conditions caused the collapse of its local electricity supply. Macquarie expects its annual profit to increase by between 5% and 10% ...

Chief economist update: The vaccine has landed

BENJAMIN ONG  |  MONDAY, 22 FEB 2021
No more tears, fears... and hopefully snap lockdowns. Today, 22 February 2021, will go down in Australian history as VAC (vaccine against covid-19) Day (although Australian Prime Minister Scott Morrison and Chief Medical Officer Paul Kelly and 84-year-old ...