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Showing 851 - 860 of 2104 results for "Funding"

Financial Standard unwrapped: Our top stories in 2018

HARRISON WORLEY  |  WEDNESDAY, 19 DEC 2018
... 2018 Budget means for you The 2018 Federal Budget brought more changes to the superannuation system and beefed up the funding of APRA and ASIC as the Royal Commission began to shed light on various instances of misconduct in Australia's financial ...

MYEFO: Regulatory funding increases, Budget surplus doubles

DARREN SNYDER  |  MONDAY, 17 DEC 2018
... up from the $2.2 billion estimate in this year's Budget. Financial services regulators have also received increased funding in the government's Mid-Year Economic and Fiscal Outlook (MYEFO). The Australian Taxation Office (ATO) will receive more ...

$200k on the life-line for new Freedom chief

HARRISON WORLEY  |  MONDAY, 17 DEC 2018
... paid depending on strategic KPI targets met relating to cashflow management, corporate restructuring, cost management and funding. Freedom has so far not responded to Financial Standard's questions on the structure of Williamson's employment ...

DomaCom raises more capital

HARRISON WORLEY  |  TUESDAY, 11 DEC 2018
... to capitalise on its success by recapitalising. In a press release this week, the firm said it secured $2.95 million in funding by issuing a convertible security to a Melbourne-based institutional investor, Thundering Herd. DomaCom said the security ...

Industry dubious about one regulatory body: Survey

KARREN VERGARA  |  MONDAY, 10 DEC 2018
... shortcomings in how the two bodies police the financial services sector, and both often blamed a lack of resources and funding. Commissioner Kenneth Hayne criticised APRA and ASIC in his September interim report, highlighting several instances of inefficiencies ...

ASIC appoints second deputy chair

KARREN VERGARA  |  FRIDAY, 7 DEC 2018
... across all corporations for the protection of Australian consumers. ASIC has received about $70.1 million in additional funding to support its new strategic direction, enhancing its ability to detect and address misconduct in financial services and protect ...

ASIC funding numbers released

HARRISON WORLEY  |  THURSDAY, 6 DEC 2018
Investment managers and financial advisers were among the leading sectors responsible for funding ASIC last financial year. Publishing its regulatory costs for FY17-18, ASIC issued a bill worth more than $28 million on the financial advice sector as ...

Future Fund to manage new drought fund

KANIKA SOOD  |  TUESDAY, 4 DEC 2018
... of drought resilience projects, while the balance is reinvested the fund," Cormann said in a statement. "A predictable funding stream for drought resilience will enable Australia's $60 billion agricultural industries to fulfil their potential." Federal ...

New Zealand reviews life insurance commissions

JAMIE WILLIAMSON  |  TUESDAY, 4 DEC 2018
... compromise the efficiency of the sector, because policyholders may not be matched with the best policies, and ultimately end up funding high commissions through high premiums," the report reads. The country's Financial Markets Authority and the RBNZ ...

Fiducian acquires Perth financial planning firm

KANIKA SOOD  |  MONDAY, 3 DEC 2018
... planning firm will take Fiducian's total funds under management, administration and advice to $6.46 billion. Fiducian had funding set aside to acquire five planning businesses across Western Australia, New South Wales and Victoria to raise $83 million ...