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Showing 821 - 830 of 4503 results for "Case"

The future of defined contribution asset allocation

ANDREW MCKEAN  |  MONDAY, 7 NOV 2022
... questions whether it would be a good idea to introduce private market assets into US 401(k)s as has successfully been the case in the Australian super system. To date, target date funds have been the norm in the US 401(k) system, growing to comprise ...

Equipsuper investment chief on re-energising his team

ELIZABETH FRY  |  MONDAY, 7 NOV 2022
... long-term investor, Equipsuper can afford to be patient and take advantage of opportunities as they arise. This is certainly the case when facing volatility, such as currently faced by the market. A great example of leveraging market volatility is fixed ...

ASIC probes super fund, investment manager greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 4 NOV 2022
ASIC chair Joe Longo said the market regulator is currently investigating several listed companies, super funds, and managed funds for potential greenwashing. "Only last week we issued our first greenwashing penalty, and we're currently investigating ...

Interest rates will jump to slay "the evil of inflation": Lowe

ANDREW MCKEAN  |  WEDNESDAY, 2 NOV 2022
... target. After a seventh straight rate rise, whereby the bank lifted the interest rate to 2.85%, Lowe said the board's base case remains that interest rates will need to go higher to bring inflation back to target. While cognisant that higher interest ...

CPI poses awkward optics for RBA: Economist

ANDREW MCKEAN  |  MONDAY, 31 OCT 2022
... chief economist David Bassanese said: "Despite this week's higher than expected CPI inflation result, there remains a good case for the RBA to stick with only a 25-basis point interest rate increase on Melbourne Cup day." "By continuing to raise interest ...

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 ...

Government enshrines new rule for Aussie Bitcoin owners

ANDREW MCKEAN  |  FRIDAY, 28 OCT 2022
In the budget, the federal government introduced new rules for Bitcoin owners, clarifying that digital currencies are not taxed as foreign currency. The government said it will introduce legislation to clarify that digital currencies (such as Bitcoin) ...

ANZ told to pay $25m for 20-year failure

JAMIE WILLIAMSON  |  THURSDAY, 27 OCT 2022
... of inadequacies within ANZ's systems, which were compounded by inaction or ineffective action." This matter was the final case brought by ASIC out of the Royal Commission. In total, about $160 million in penalties has resulted from the Royal Commission ...

ASIC appeals CFS, CBA decision

JAMIE WILLIAMSON  |  THURSDAY, 27 OCT 2022
ASIC is appealing the Federal Court's ruling in its conflicted remuneration case against Commonwealth Bank and Colonial First State. The case related to the Essential Super product, with ASIC alleging the two entities breached conflicted remuneration ...

Budget deficit pressured by debt costs

ANDREW MCKEAN  |  WEDNESDAY, 26 OCT 2022
... The time for talking is over, and the time for action was ideally last night. In short, the budget could be described as a case of delayed fiscal reckoning."