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Showing 61 - 70 of 5638 results for "Money"

Bragg outraged over super fund payments to unions

ANDREW MCKEAN  |  WEDNESDAY, 31 JAN 2024
... expenses ranging from directors' fees to advertising. Concurrently, ISA received $21.5 million. "It's a huge amount of money when you consider that the funds are supposed to be funding retirements," Bragg argued on 2GB radio. He expressed concerns ...

Massive crypto Ponzi scheme unravels

KARREN VERGARA  |  TUESDAY, 30 JAN 2024
... illustrates yet again how noncompliance in the crypto space facilitates schemes where promoters capitalise on the promise of easy money, without providing the detailed investor protection disclosures required by the registration provisions of the federal ...

Tokenisation is the future: Northern Trust

CHLOE WALKER  |  TUESDAY, 30 JAN 2024
... (CBDC), their use has not reached the level of mainstream adoption," sleep said. "Besides CBDCs, other firms of digital money such as Commercial Bank Digital Money, tokenised deposits or tokenised money market funds can be considered." Sleep said that ...

Australian Ethical super chief goes for growth in 2024

ANDREW MCKEAN  |  TUESDAY, 23 JAN 2024
... sentiment, which we see across all age demographics, is a good thing, because it encourages people to engage with their money." ESG leadership The Australian Prudential Regulation Authority (APRA) last year clarified that it expects super funds to demonstrate ...

Aussies want advice from their super fund: CFS

CHLOE WALKER  |  TUESDAY, 23 JAN 2024
... unadvised Australians agree that those struggling financially need advice the most, followed by those with an average amount of money. By comparison, only 15% of respondents believe advice is most needed by the wealthy. "There is a common misconception ...

Gen Zs now 'loud budgeting': Research

CHLOE WALKER  |  MONDAY, 22 JAN 2024
... New NAB Economics consumer sentiment data has revealed more than half (56%) of Gen Z and younger Australians are using the money they're saving from cutting back on non-essentials to stash into their savings accounts instead. The data, based on a ...

BlackRock bags Global Infrastructure Partners for US$12.5bn

ANDREW MCKEAN  |  MONDAY, 15 JAN 2024
... average AUM, partially offset by higher technology services revenue. "As we've seen before, when investors were ready to put money back to work, they did it with BlackRock," Fink said. "We enter 2024 with strong momentum - $10 trillion in AUM, accelerating ...

Super viewed as lifeboat by Aussies: Survey

CHLOE WALKER  |  MONDAY, 15 JAN 2024
... financially struggling. The survey found close to 40% of Australians must watch their budget to make sure there's enough money to cover their bills. What's more, 14% said they are in serious financial difficulty, and being able to pay all their bills ...

Court fines Linchpin, Endeavour directors

KARREN VERGARA  |  THURSDAY, 11 JAN 2024
... Income Opportunity Fund for their personal use. Daly received loans totalling $130,000 while Raftery took a $40,000 loan. The money was also used to make loans to then-subsidiary Beacon Financial Group. All four were banned from providing financial services ...

Investors livid over fresh portfolio valuation: Mayfair 101

JAMIE WILLIAMSON  |  WEDNESDAY, 10 JAN 2024
... paid. Mayfair 101 said its investors are irate at the outcome of the sales process and the new valuation, saying taxpayer money is now being spent to "conceal the damage caused by the regulator's misguided campaign." Mayfair 101 has long held that ASIC's ...