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Showing 821 - 830 of 13967 results for "State"

Victorian SMSF auditor fails to overturn disqualification

MATTHEW WAI  |  THURSDAY, 30 JAN 2025
A Victorian-based self-managed superannuation fund (SMSF) auditor will remain disqualified after he failed to overturn ASIC's initial verdict. ASIC originally disqualified Nazrul Islam, of Clayton South in Victoria, from being an approved SMSF auditor ...

Financial services minister Stephen Jones to retire from politics

ANDREW MCKEAN  |  THURSDAY, 30 JAN 2025
Labor frontbencher, assistant treasurer and minister for financial services Stephen Jones is retiring from politics and will not contest the upcoming federal election. Jones spent 15 years as the member for Whitlam - covering Illawarra and the Southern ...

ASIC calls out super trustees over 'weak' anti-scam practices

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
The Australian Securities and Investments Commission (ASIC) has written to superannuation trustees urging them to strengthen anti-scam practices, or risk exposing their members to harm. The open letter, signed by ASIC commissioner Simone Constant, outlined ...

ASIC bans adviser fraudster found with child abuse material

ANDREW MCKEAN  |  WEDNESDAY, 29 JAN 2025
... activities or controlling an entity that carries them out. Cubilla stole $637,735 from a deceased client's Colonial First State (CFS) superannuation account in what court documents described as a "sophisticated fraud." He used the funds to pay off personal ...

CPI nears RBA's target range, but rate cut remains in doubt: Experts

MATTHEW WAI  |  WEDNESDAY, 29 JAN 2025
... "mitigating" the cost-of-living crisis. However, the RBA is forecasting inflation will spill over its target range once state and federal governments pull back support. "Headline inflation is expected to temporarily be within the target range over the ...

WA best performing state, but economic growth lags

MATTHEW WAI  |  TUESDAY, 28 JAN 2025
... performing economy in the September quarter, ranking first in five of the eight economic indicators assessed in the CommSec State of States report. The state claimed the top spot twice over the past decade. It is now followed closely by Queensland, who ...

Climate funds see first year of outflows

ROSE MARY PETRASS  |  FRIDAY, 24 JAN 2025
Global climate funds suffered more withdrawals than deposits in 2024, with net outflows reaching US$24 billion, according to fresh data from Morningstar. In Europe, climate thematic funds experienced the largest outflows of any category during 2024. ...

Rest appoints first-ever chief of staff

ANDREW MCKEAN  |  FRIDAY, 24 JAN 2025
... recently, he served as head of product at Insignia Financial, and prior to that spent nearly 15 years at Colonial First State, where he was head of strategy. "Gideon is a highly respected superannuation leader and I'm delighted he is joining Rest ...

Chalmers' claims on super tax are 'misleading': SMSFA

MATTHEW WAI  |  FRIDAY, 24 JAN 2025
The SMSF Association (SMSFA) says Treasurer Jim Chalmers' claims that the $3 million superannuation tax followed extensive consultation are misleading, accusing the Treasurer of making several ambiguous statements in defence of the tax. SMSFA chief ...

Super moves: ART, QIC, Rest, CareSuper

ELIZABETH FRY  |  THURSDAY, 23 JAN 2025
QIC has welcomed two new starters to its state investments team: a portfolio manager in Brisbane and a senior portfolio manager in Sydney. Daniel Rigney has been appointed as portfolio manager, arriving from Rest Super, where he managed quantitative ...