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

Search Results

Showing 61 - 70 of 5983 results for "September"

Wages growth reaches unsustainable level: Mousina

CASSANDRA BALDINI  |  THURSDAY, 16 NOV 2023
The quarterly Wage Price Index (WPI) jumped by 1.3% to 4% in September, beating inflation, but AMP deputy chief economist Diana Mousina says it's not economically sustainable. According to the Australian Bureau of Statistics (ABS), September's ...

COG drops bid for Diverger

CASSANDRA BALDINI  |  WEDNESDAY, 15 NOV 2023
... a valuation of $1.14 per Diverger ordinary share, calculated with reference to Count's closing share price as of September 21, which stood at $0.56. The cash component amounts to $14.6 million, which Count said would be financed through its newly ...

ASIC to crack down on superannuation misconduct

ANDREW MCKEAN  |  WEDNESDAY, 15 NOV 2023
... maintaining trust and integrity in the financial system. The corporate regulator's update highlighted its actions from July to September, including a civil penalty imposed on AustralianSuper for not merging duplicate accounts, a lapse that led to members ...

Wealth managers shirk cybersecurity priorities

KARREN VERGARA  |  MONDAY, 13 NOV 2023
... third parties, it will be exposed to supply chain vulnerabilities." ASIC released preliminary findings of the survey in September, highlighting that 44% of participants are not managing third-party or supply-chain risks. Latitude Financial and Perpetual ...

GQG's PAC acquisition attempt hits snag

KARREN VERGARA  |  MONDAY, 13 NOV 2023
... non-binding indicative offer to acquire all shares in PAC. Together, they own 31% of the multi-boutique asset manager. In late September, Regal withdrew its proposal, saying that it has only received "limited and high-level due diligence information ...

Betashares to bring Cash Flow Kings ETF to market

JAMIE WILLIAMSON  |  FRIDAY, 10 NOV 2023
... launched Betashares Direct, offering self-directed investors access to any ETF traded on the ASX at zero brokerage, and in September, it carved itself a slice of the superannuation sector when it acquired Bendigo and Adelaide Bank's super division.

More than $17m paid in CFD-related remediation

JAMIE WILLIAMSON  |  THURSDAY, 9 NOV 2023
... classification of retail clients as wholesale clients. This was paid in two tranches, first in May and June 2023 and then in September 2023. The further $4.3 million was paid to more than 1500 retail clients across the other seven providers because of ...

Base rate lifts to 4.35%

KARREN VERGARA  |  WEDNESDAY, 8 NOV 2023
... still too high and is proving more persistent than expected a few months ago". This is despite inflation declining in September from 6% to 5.4% on a year-on-year basis. On a quarterly basis, however, inflation climbed 1.2% in the third quarter, outpacing ...

Morningstar executive lands at ART

KARREN VERGARA  |  TUESDAY, 7 NOV 2023
... manager selection and portfolio management team. Aman Ramrakha, the director for manager selection services, left in September after more than seven years. Director of manager research APAC Tim Murphy left in late December 2022 and recently resurfaced ...

ASIC updates qualified tax relevant provider definition

KARREN VERGARA  |  TUESDAY, 7 NOV 2023
... Register on November 3 to record that individuals who are both a relevant provider and a registered tax agent on 20 September 2023 can provide tax (financial) advice services to retail clients on relevant financial products. A qualified tax relevant ...