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Showing 831 - 840 of 4457 results for "October"

Economic recap: Week to November 5

BENJAMIN ONG  |  MONDAY, 8 NOV 2021
... forward rate hike expectations, and for good reasons. The Reserve Bank of New Zealand (RBNZ) started proceedings at its 6 October meeting when it doubled the official cash rate from 0.25% to 0.5% -- the first rate hike since June 2014 - in order to "maintain ...

ASIC shuts down unlicensed investment scheme

KARREN VERGARA  |  THURSDAY, 4 NOV 2021
... vehicles in their names. In addition, more than $2.4 million has been transferred from A One Multi to buy crypto assets. On October 21, the court made an order to put A One Multi into the receivership of John Ross Lindholm and Timothy James Michael ...

ASIC sues timeshare company

KARREN VERGARA  |  WEDNESDAY, 3 NOV 2021
... is in the firing line for providing bad financial advice, following an investigation by ASIC. ASIC alleges that between October 2017 to March 2019 the advice was provided by authorised representatives promoting the Ultiqa Lifestyle Scheme did not meet ...

Most shorted companies on ASX: Report

ELIZABETH MCARTHUR  |  TUESDAY, 2 NOV 2021
... accounting software firm Xero. That's according to new analysis from US-based researcher Fintel. It reported that as of October 31, it considers Crown to be the company on the ASX most likely to be exposed to a short squeeze - where prices rise despite ...

AMG Super launches platform, product

KARREN VERGARA  |  TUESDAY, 2 NOV 2021
... a major project that will be rolled out over the next 12 months. The new product, Acclaim Super & Pension, launched on October 27. Head of distribution and partnerships Terry Constable said the Acclaim Super & Pension is a viable alternative to a self-managed ...

Netwealth proposes merger with Praemium

ANNABELLE DICKSON  |  TUESDAY, 2 NOV 2021
... sale of Praemium's international business. The proposed offer is at a 29% premium to Praemium's closing price of $1.16 on October 27 and a 25% premium on the five-day volume weighted average prices of Praemium and Netwealth to the date same. Later this ...

CBA pleads guilty to selling junk insurance

ANNABELLE DICKSON  |  MONDAY, 1 NOV 2021
... against CBA. These interventions were necessary because the industry did not put customers front and centre." Between October 2011 and July 2015, the maximum penalty for these offences increased from $1,100,000 to $1,700,000 per offence.

Economic recap: Week to October 29

BENJAMIN ONG  |  MONDAY, 1 NOV 2021
By most accounts, Jacinda Ardern's island has succeeded in combatting the coronavirus pandemic. As at October 26, worldometer.com data showed that New Zealand ranked among one of the countries in the world with the lowest case of COVID-19 infections ...

Sunsuper, QSuper merger legislation passes

JAMIE WILLIAMSON  |  THURSDAY, 28 OCT 2021
... week. The Superannuation (State Public Sector) (Scheme Amendment) Bill 2021 was passed by the Queensland Parliament on October 26, enabling the merger. The bill saw a relatively speedy turnaround, having only been introduced on September 1. "Subject ...

Natixis hires sales director from First Sentier

KARREN VERGARA  |  WEDNESDAY, 27 OCT 2021
... institutional sales director who spent nearly a decade at First Sentier Investors. Sydney-based Edward Tighe joined Natixis IM in October. He finished up as director of institutional business at First Sentier, formerly known as Colonial First State Global ...