Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 61 - 70 of 773 results for "Block"

ASIC takes Block Earner case to High Court

ELIZA BAVIN  |  WEDNESDAY, 21 MAY 2025
... intends to appeal the Full Federal Court's decision, now seeking special leave from the High Court in its case against Block Earner. The Federal Court decision found that a product issued by Block Earner, which allowed consumers to earn fixed yield ...

ASIC loses Block Earner case

KARREN VERGARA  |  WEDNESDAY, 23 APR 2025
The Federal Court has vindicated Block Earner by overturning a decision that it needed an AFSL to offer its Earner product and dismissing ASIC's appeal to impose penalties on the digital asset platform. Justices O'Callaghan, Abraham and Button ...

Tariff impact on super 'profoundly worrying'

ELIZA BAVIN  |  TUESDAY, 8 APR 2025
... $100 billion in a single session yesterday as markets were rocked by US President Donald Trump's newly imposed tariffs. H&R Block director of tax communications Mark Chapman said the volatility will be felt for a long time. "In terms of superannuation ...

Fink takes private markets to next level

KARREN VERGARA  |  TUESDAY, 1 APR 2025
BlackRock chief executive Larry Fink says the fund manager can upend the public-private market divide in the same way it has capitalised on active and passive investing. In his annual letter to investors, Fink said assets in the form of data centres ...

ASIC told to 'end the chaos' of ASX CHESS issues

ELIZA BAVIN  |  FRIDAY, 28 MAR 2025
... discusses ASIC actions under new intervention powers granted after the Hayne Royal Commission, including step-in powers to block poorly targeted financial products, for which ASIC was praised. "The committee was pleased to see early signs of success ...

Chalmers boosts Help to Buy scheme, construction sector

KARREN VERGARA  |  TUESDAY, 25 MAR 2025
Treasurer Jim Chalmers will boost the Help to Buy scheme and revive the drooping housing construction sector in a bid to build more homes faster and tackle housing unaffordability. As part of the Federal Budget, Chalmers is expanding the Help to Buy ...

Non-compete, restraint clauses to be outlawed

JAMIE WILLIAMSON  |  TUESDAY, 25 MAR 2025
... impose non-compete clauses on employees earning less than $175,000. They will also not be able to exploit loopholes that block staff from joining competitors. Announced as part of the Federal Budget for the impact it's expected to have on wages, non-compete ...

Government plans to develop 'fit for purpose' digital asset regime

ANDREW MCKEAN  |  MONDAY, 24 MAR 2025
Treasurer Jim Chalmers and special envoy for cyber security and digital resilience Andrew Charlton have announced plans to develop a digital asset regime, aimed at providing clarity and certainty to the sector. They said this initiative would help to ...

Luxury asset investment platform launches for high-net-worth investors

ANDREW MCKEAN  |  TUESDAY, 11 MAR 2025
Local technology firm MUSE has developed a platform that links high-net-worth investors and family offices with sellers of investment-grade luxury assets and high-end collectibles. The platform currently offers access to US$150 million worth of investment-grade ...

SEC drops civil enforcement case against Coinbase

ANDREW MCKEAN  |  MONDAY, 3 MAR 2025
The Securities and Exchange Commission (SEC) has filed a joint stipulation to dismiss its civil enforcement action against Coinbase Inc, and its parent company, Coinbase Global. The decision follows the formation of the SEC's Crypto Task Force in January ...