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Showing 771 - 780 of 2458 results for "Court"

NAB denies underpaying full-time workers

KARREN VERGARA  |  WEDNESDAY, 26 MAY 2021
... colleagues," NAB said in a statement, addressing media reports that the FSU is taking legal action against the bank in the Federal Court. "NAB has identified 3200 current and former colleagues impacted by the part time issue. We have paid all current ...

Fund manager hit with serious charges

KARREN VERGARA  |  FRIDAY, 21 MAY 2021
... been slapped with criminal charges for dishonest conduct and providing dodgy information about the fund's affairs. The court determined that Holly Grofski, the fund's investment and risk management director, carried out her powers and discharged ...

Former van Eyk chief charged

JAMIE WILLIAMSON  |  FRIDAY, 21 MAY 2021
... counts of dishonestly using his position within the firm for personal advantage. Mark Thomas appeared in Downing Centre Local Court earlier this week, facing several allegations from ASIC. Thomas was chief executive of van Eyk - and its largest shareholder ...

ASIC takes action against Equiti

KARREN VERGARA  |  FRIDAY, 21 MAY 2021
... (Equiti FS) - which is now called DOD Bookkeeping and is in liquidation - will see the corporate regulator in the Federal Court for several alleged breaches of the Corporations Act 2001. Between 26 October 2015 to 27 August 2018, ASIC alleges that Equiti ...

Labor to push for YFYS stapling amendments

KANIKA SOOD  |  WEDNESDAY, 19 MAY 2021
Stapling is expected to be the thorn in the Liberals' side when the Your Future, Your Super bill hits parliament next week, as shadow treasurer Stephen Jones digs his heels in on the start date and exclusions for members in hazardous occupations. ...

Generational wealth gap continues to widen

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 MAY 2021
... argued that this is because the ageing population in Australia means there are more voters of an older age, and politicians court those votes. The super tax concession, Arakkal said, is part of the policy structure that has exacerbated intergenerational ...

ASIC bans Theta managing director

KARREN VERGARA  |  MONDAY, 17 MAY 2021
... responsible entity of the Sterling Income Trust (SIT), which ASIC commenced civil penalty proceedings against in the Federal Court of Western Australia. SIT is a registered managed investment scheme that invested in property targeting mums and dads. ...

ASIC to wind up PE Capital

ELIZABETH MCARTHUR  |  FRIDAY, 14 MAY 2021
... ASIC claims PE Capital made misleading and deceptive statements in product disclosure statements. ASIC wants the Federal Court to wind up PE Capital and its unregistered schemes and obtain declarations that the company acted in contravention of the Corporations ...

Former Westpac chief executive in new role

KANIKA SOOD  |  TUESDAY, 11 MAY 2021
... afterword. He was the chief executive of Westpac from 2015 to 2020. ASIC last week commenced proceedings in the Federal Court against Westpac on allegations of insider trading, unconscionable conduct and breaches of its AFSL obligations in relation to ...

ASIC not recommending general advice change

JAMIE WILLIAMSON  |  WEDNESDAY, 5 MAY 2021
... needed to protect consumers," chief executive Dante De Gori said. The findings follow ASIC's win over Westpac in the High Court in February, confirming that Westpac Securities Administration and BT Funds Management did provide personal financial ...