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Showing 61 - 70 of 159 results for %22Money Works%22

ASIC appoints receiver for derivatives issuer

ELIZABETH MCARTHUR  |  FRIDAY, 26 APR 2019
... sought the appointment of receivers because it was concerned about Berndale's financial records; how it handled clients' money; and the adequacy of its reconciliation reports. The regulator also purports that Berndale client monies were held outside ...

Record Budget spend for older Australians

ELIZABETH MCARTHUR  |  TUESDAY, 2 APR 2019
... tonight's Federal Budget, Treasurer Josh Frydenberg announced a record $21.6 billion for older Australians. He said the money will go towards ensuring that older people can access higher-quality and safer aged care in 2019-20 and will be an increase ...

Special Report: Hitting new ETF goals

KARREN VERGARA  |  FRIDAY, 16 NOV 2018
... passive investing, revealed ETFs are not as passive as many people believe. Putnins defines passive investing as putting money in a broad market portfolio that doesn't outperform the market but makes enough to earn the market return. It's generally ...

When aged care advice takes an emotional toll

KARREN VERGARA  |  TUESDAY, 13 NOV 2018
... pension benefits, he said. After more than 30 years in the industry, Fenton said he is still often asked, 'how much money can I have and still get a full pension?' He reminded advisers that couples who own their home can have up to $848,000 of ...

What the RC can teach us about trust: Deloitte

DARREN SNYDER  |  MONDAY, 29 OCT 2018
... behaviours that genuinely build trust." Punt added there is no indication that consumers do not trust banks to keep their money safe. "Being trusted becomes even more critical in an open banking environment where banks will have to contend with the possibility ...

RBA calls for more innovation

KANIKA SOOD  |  FRIDAY, 26 OCT 2018
... settled the payments between ADIs across accounts at the Reserve Bank in real time. The end result? The recipient gets the money in their account as soon as it is transferred. Johnston said FSS was built after RBA's concluded that its current system ...

CBA fires up over Dollarmites criticism

HARRISON WORLEY  |  FRIDAY, 5 OCT 2018
... for the program's administration. According to CBA, Australian schools have received an average of $380 so far this year. Money - it says - that generally goes towards sporting equipment and library books. "The purpose of these payments has always been ...

Zuper opens its doors

KARREN VERGARA  |  FRIDAY, 27 JUL 2018
... Three-in-four Australians believe superannuation companies should allow members to have a say about how they invest their money, the survey of 1500 participants shows. About one-in-three will likely review their super fund in the next 12 months as a ...

Qualitas creates LIT, enters retail market

DARREN SNYDER  |  FRIDAY, 29 JUN 2018
... return," he said. "The flipside is you can't earn more than you're interest rate and you can't get more than your money back. That's the way a loan works. "But in return for that, somebody else takes a view as to where the market's ...

Cryptocurrencies on radar but not priority: RBA

KANIKA SOOD  |  WEDNESDAY, 27 JUN 2018
... US$250 billion as compared to US$80 trillion in global equity markets, US$15 trillion in currency and US$90 trillion in broad money markets, Richards said. A digital dollar? Richards also ruled out the possibility of an electronic Aussie dollar, at least ...