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Showing 791 - 800 of 5391 results for "Federal"

Westpac fined $1.5m for mis-selling insurance

ANDREW MCKEAN  |  FRIDAY, 8 APR 2022
The Federal Court has ordered Westpac to pay a $1.5 million penalty for mis-selling consumer credit insurance with its credit cards and Flexi Loans, to customers who hadn't agreed to buy insurance policies. This penalty has come as a result of Westpac's ...

Key investor trends unveiled in latest IFM report

ANDREW MCKEAN  |  THURSDAY, 7 APR 2022
... significant opportunity for governments to partner with the private sector in the long-term. In an Australian context, the federal government is planning to invest $250 million in its new future fuels policy. These emerging opportunities will contribute ...

CareSuper appoints new chair

JAMIE WILLIAMSON  |  THURSDAY, 7 APR 2022
... a councillor on the City of Sydney Council and was formerly deputy Lord Mayor. She also works with the National Reform Federal Council, the Commonwealth government's Regional Banking Taskforce and the NSW Environmental Trust. "Linda brings in-depth knowledge ...

Consumer confidence rises as inflation expectations drop

ANDREW MCKEAN  |  WEDNESDAY, 6 APR 2022
... sharply." "We think this explains much of the lift in sentiment, though the focus on relieving cost of living pressures in the Federal Budget may have also played a part. "The fall in petrol prices is likely due to lagged effects of the drop in crude ...

ASIC takes Federal Court action against Macquarie Bank

ANDREW MCKEAN  |  TUESDAY, 5 APR 2022
ASIC has started civil penalty proceedings in the Federal Court against Macquarie Bank Ltd over alleged failures to monitor third party withdrawals from customer accounts. The corporate watchdog said that limited monitoring by Macquarie of transactions ...

Tax, welfare reform on election agenda

ELIZABETH MCARTHUR  |  TUESDAY, 5 APR 2022
... Vincent de Paul Society on a new report highlighting reforms that could make the tax and welfare systems fairer ahead of the federal election. The report examines three options for helping families and individuals at risk of deep poverty and financial ...

Colonial First State settles super class action for $56.3m

ELIZABETH MCARTHUR  |  MONDAY, 4 APR 2022
... these cheaper options, which also happened to perform better. Maurice Blackburn brought the action in October 2019 in the Federal Court (Victoria), against Colonial First State Investments Limited, the trustee of the Colonial First State FirstChoice ...

Recession-style policy but no recession: Grattan

ELIZABETH MCARTHUR  |  MONDAY, 4 APR 2022
Grattan Institute chief executive Danielle Wood has argued the federal government is spending as though there is a recession or a crisis, although there is no such situation. Speaking at the Financial Standard Chief Economist Forum in Sydney today ...

Labor promises cheap childcare, climate action

ELIZABETH MCARTHUR  |  FRIDAY, 1 APR 2022
In his reply to the 2022 Federal Budget, opposition leader Anthony Albanese has promised cheaper childcare and an investment in renewable energy. Like Treasurer Josh Frydenberg, Albanese focused much of his Budget reply speech on the cost of living. ...

Not enough Budget for women: Industry

JAMIE WILLIAMSON  |  WEDNESDAY, 30 MAR 2022
Contrary to most other years, the superannuation industry has escaped unscathed from the Federal Budget, but not everyone is happy about it. Last night's Federal Budget saw no major changes to superannuation, with the Association of Superannuation Funds ...