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| | | ... James Mawhinney has filed for special leave to appeal to the High Court, claiming ASIC being given the chance to have its case against him reheard is further denial of procedural fairness. Last month, the Full Federal Court overturned the 20-year ban ... |
| | | | Stockspot's Fat Cat Funds Report has named and shamed the worst performing superannuation funds in Australia, all of which are retail offerings. OnePath was named the overall worst performer, followed by Colonial First State, AMP, and ClearView. ... |
| | | | ... investors' money remains frozen, with about 500 people owed more than $210 million, according to the regulator. "ASIC pursued this case through the Federal Court because of the importance of accurate advertising of financial products. We were concerned ... |
| | | | ... have entered the interest rate tightening cycle with strong balance sheets and banks are well capitalised. This is also the case in Australia. However, the combination of higher interest rates and inflation will increase pressure on household budgets ... |
| | | | ... there's been a focus on getting larger to achieve better investment returns. Well, we don't think that's the case," he says. "The regulator telling us that if you're small, you can't you don't have the scale for investment opportunities ... |
| | | | ... basis points this month as it assesses the outlook for inflation and economic growth in Australia." Lowe noted that as is the case in most countries, inflation in Australia is too high. While global factors explain much of this high inflation, he believed ... |
| | | | The Federal Court dismissed ASIC's case against Commonwealth Bank and Colonial First State in relation to the distribution of Essential Super. CBA staff signed up over 390,000 people to CFS's Essential Super between July 2013 and June 2019. ... |
| | | | ... stability than would be achieved by holding the underlying share investments. "Of course, this comes with a price and in this case, investors sacrifice potential growth in order to secure an enhanced yield and a level of downside protection, a trade-off ... |
| | | | ... amount of eAUD issued will be capped at an amount to be determined by the RBA considering the requirements of selected use case providers. No interest will be paid by the RBA on any holdings of eAUD and only Australian-registered entities and Australian ... |
| | | | ... each of its offerings is meeting the needs of clients. It added that it continues to believe in the long-term investment case for factor investing. However, in May, Vanguard also terminated the ASX-listed Vanguard Global Multi-Factor Active ETF, also ... |
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