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Showing 61 - 70 of 237 results for "BROKEN"

CBA owes staff $15 million

ELIZABETH MCARTHUR  |  THURSDAY, 18 APR 2019
... in their future, with fair pay and secure jobs they can count on," she said. "In banking, the rules are well and truly broken when the strongest, most profitable bank sets up systems that underpay already low-paid workers." CBA said in a statement the ...

Misconduct must end: Frydenberg

DARREN SNYDER  |  MONDAY, 4 FEB 2019
... price paid by our community has been immense and goes beyond just the financial," Frydenberg said. "Businesses have been broken, and the emotional stress and personal pain have broken lives." The Royal Commission conducted seven rounds of public hearings ...

OPINION: Post RC, where to now for retail super?

ALEX DUNNIN  |  MONDAY, 4 FEB 2019
... fast losing its premier mantle too. As for retail superannuation's regular business model, what wasn't already broken before, today the RC has taken to with a baseball bat. Super fund trustee conflicts of interest will be handled by laws tightened ...

Avenir eyes insto investors

KANIKA SOOD  |  FRIDAY, 25 JAN 2019
... equity, according to founder and now chief investment officer and managing director Adrian Warner. "We don't want to buy broken down businesses with structural challenges," Warner said. "We are looking for mispricing in the market in companies that ...

ASFA, ISA, FSC weigh in on the final report

KARREN VERGARA  |  THURSDAY, 10 JAN 2019
... final report reaffirms the strength of superannuation, but member advocates say the findings are wake up call to fix a broken system. CHOICE chief executive Alan Kirkland said the final report is a call for all political parties to fix an "outdated" ...

CBA board ignored key issues in deciding executive pay

KANIKA SOOD  |  WEDNESDAY, 21 NOV 2018
... 2016, when the committee met to decide the variable pay of CBA's top executives, news of its CommInsure conduct had already broken in the newspapers. Unknown to the public, APRA and ASIC was investigating the bank's conduct in fees-for-no-service, misselling ...

Labor commits $400m to gender super gap

JAMIE WILLIAMSON  |  WEDNESDAY, 19 SEP 2018
... predicts. ISA welcomed the announcement, labelling it a positive start to closing the gap. "The system is unforgiving of broken work patterns, and yet women still provide the lion's share of care. Once women return to the workforce, catching up on super ...

ETFs increasingly used to trade risk

HARRISON WORLEY  |  WEDNESDAY, 5 SEP 2018
... market, but they haven't disrupted the market overall." Petering noted just 10% of the asset universe was indexed, but when broken down further, less than 5% of the global equities market were comprised of ETFs. In fixed income, ETFs account for just ...

Chief economist update: Don't mind the gap

BENJAMIN ONG  |  FRIDAY, 17 AUG 2018
... we should hold that thought for a little while longer for as the chart below shows the correlation between the NAIRU has broken down since around the middle of 2016 - one that's puzzling central bankers around the world and recently voiced out by ...

Chief economist update: Small business is big business

BENJAMIN ONG  |  WEDNESDAY, 15 AUG 2018
... highest level in the survey's 45-year history. The details of the survey indicate that the July 1983 peak could even be broken over the next few months (if not next month) with the NFIB revealing that: "A net 8% of all owners (seasonally adjusted) ...