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Showing 841 - 850 of 5392 results for "Federal"

Federal Reserve mulls central bank digital currency

JAMIE WILLIAMSON  |  FRIDAY, 21 JAN 2022
The US Federal Reserve Board is examining the pros and cons of a central bank digital currency (CBDC) as it considers whether the creation of one would improve the domestic payments system. Considering the current state of the US domestic payments system ...

Cbus adds to board

KARREN VERGARA  |  THURSDAY, 20 JAN 2022
... information officer and chief operating officer at Intrepid Travel, Open Universities Australia, and IDP Education Former federal treasurer Swan has commenced as chair of Cbus this month, taking over from Steve Bracks. Cbus chief executive Justin Arter ...

E&P pulls the plug on DASS

KARREN VERGARA  |  WEDNESDAY, 19 JAN 2022
... made to AFCA, as well as civil penalties agreed between DASS and ASIC. Piper Alderman commenced the class action in the Federal Court last November, defending investors who received dodgy advice in the group's beleaguered ASX-listed US Masters Residential ...

Federal Court imposes $4m penalty on industry fund

CHLOE WALKER  |  TUESDAY, 18 JAN 2022
The Federal Court has imposed combined penalties of $4 million on Statewide Super for providing members with misleading information regarding their insurance and failing to report the issue to ASIC in the time required. Between 2017 and 2020, Statewide ...

Financial watchdog warns on crypto

CHLOE WALKER  |  TUESDAY, 18 JAN 2022
... $2.4 million was transferred from A One Multi to buy crypto-assets. ASIC obtained interim orders and injunctions from the Federal Court in Queensland against A One Multi and its directors Aryn Hala and Heidi Walters to protect investors.

More work needed to end financial abuse

ELIZABETH MCARTHUR  |  MONDAY, 17 JAN 2022
As the federal government released its draft plan to end violence against women and children, the superannuation industry is calling for action on financial abuse and control. The Australian Institute of Superannuation Trustees (AIST) chief executive ...

DIY investors embrace Meta Platforms

CHLOE WALKER  |  FRIDAY, 14 JAN 2022
... rates. The Bank of England became the first major central bank last month to raise rates from record lows, while the US Federal Reserve has warned investors to expect up to three rate rises this year. Despite that, electric vehicle company, Tesla, remained ...

How to invest in China: Capital Group

JAMIE WILLIAMSON  |  WEDNESDAY, 12 JAN 2022
... year, making sure to invest "carefully and in select areas like pharmaceuticals". The International Monetary Fund and US Federal Reserve expect China's economy to grow at a healthy rate, with a forecast growth rate of 5.6% on the back of global trade ...

Inflation to persist in 2022: Aviva

KARREN VERGARA  |  TUESDAY, 11 JAN 2022
... will be reduced, Grady sees a number of longer-term public sector investment projects in the pipeline, and a boost in federal spending ahead of the next federal election, which is expected to take place around May. As the pandemic fades, coupled with ...

Smart default fund to boost retirement incomes

CHLOE WALKER  |  MONDAY, 10 JAN 2022
... one-size-fits-all, approach." "We improve the competitive performance of superannuation funds enabling them to exceed the Federal Government performance targets and deliver superior outcomes to their members," Bucknell said.