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Showing 801 - 810 of 5346 results for "War"

Breach reporting improvements needed: ASIC

JAMIE WILLIAMSON  |  FRIDAY, 28 OCT 2022
Just 6% of licensees lodged a breach report in the first nine months of the reportable situations regime, with ASIC raising concerns that licensees still lack the systems and policies to identify and address issues. ASIC has released insights from the ...

Budget deficit pressured by debt costs

ANDREW MCKEAN  |  WEDNESDAY, 26 OCT 2022
... this is heroic to say the least. In our view a global recession is very likely as a consequence from the fallout from the war in Ukraine, but more importantly, the price that will have to be paid for reining in excess inflation." Lawson predicts that ...

CommSec, AUSIEX to pay $27m penalty

JAMIE WILLIAMSON  |  WEDNESDAY, 26 OCT 2022
CommSec and AUSIEX will pay the largest penalty ever handed down for breaches of Market Integrity Rules. CommSec has been ordered to pay $20 million while AUSIEX will pay $7.12 million for systemic compliance failures over a nine-year period. In a case ...

Members stick with dud super funds

ANDREW MCKEAN  |  FRIDAY, 21 OCT 2022
Members of funds that failed the inaugural Your Future, Your Super (YFYS) performance test aren't leaving, with new modelling showing just 10% have found a new fund. According to Industry Super Australia (ISA) analysis, only 10% of members switched ...

BlackRock to develop super battery

CHLOE WALKER  |  THURSDAY, 20 OCT 2022
BlackRock's Akaysha Energy has been selected by the NSW government to build one of the largest committed utility scale batteries in the world. The Waratah Super Battery is understood to be the largest committed battery project in the southern hemisphere ...

Link seeks to offload Fund Solutions

ANDREW MCKEAN  |  THURSDAY, 20 OCT 2022
Link Group is exploring divestment options for the troubled Link Fund Solutions business, which includes Link Fund Solutions Limited, and has appointed Macquarie Capital and UBS Securities as advisers. As previously reported by Financial Standard, in ...

Partners Group expands Australian team

CASSANDRA BALDINI  |  WEDNESDAY, 19 OCT 2022
Partners Group made two new appointments amid changes to global executive board member and director Martin Scott's role. Andrew Kateiva has been hired as head of institutional and managing director client solutions, Australia. He will commence in ...

CPI rises despite Fed rate hikes

ANDREW MCKEAN  |  FRIDAY, 14 OCT 2022
... related to the pandemic, higher food and energy prices, and broader price pressures." "Participants recognised that Russia's war against Ukraine was causing tremendous human and economic hardship. Participants judged that the war and related events ...

US state public pensions fragile: Report

ANDREW MCKEAN  |  TUESDAY, 11 OCT 2022
... estimated US$5.7 billion. Efforts to divest from Russian assets were formally adopted in 23 states but the primary effect of the war has been to put downward pressure on financial markets generally.

First Super: Merger pressure fizzles out

ELIZABETH FRY  |  FRIDAY, 7 OCT 2022
The blind rush to consolidate that gripped the $3.4 trillion superannuation sector in recent times may be finally over, according to First Super chief executive Bill Watson. Instead of seeing big funds gobbling up smaller rivals, Watson expects more ...