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Showing 851 - 860 of 5155 results for "Rest"

ASIC welcomes second ASX market resilience consultation

CASSANDRA BALDINI  |  TUESDAY, 1 NOV 2022
ASIC has welcomed the latest ASX industry consultation on improving market resilience, following the exchange's outage in November 2020. The consultation paper covers potential future ASX capabilities to enhance market resilience, with submissions to ...

Don't water down YFYS: Grattan Institute

JAMIE WILLIAMSON  |  TUESDAY, 1 NOV 2022
Grattan Institute has warned the government against watering down the Your Future, Your Super reforms, saying it should instead focus on implementing the remaining recommendations of the Productivity Commission. In its submission, Grattan Institute ...

Credit Suisse restructures investment bank

JAMIE WILLIAMSON  |  FRIDAY, 28 OCT 2022
Following a strategic review, Credit Suisse will undertake a "radical" restructure of its investment bank and cut thousands of jobs. Credit Suisse chair Axel P. Lehmann said the group has "become unfocused" in recent years and the new strategy is "the ...

ASIC takes first action over greenwashing

ANDREW MCKEAN  |  THURSDAY, 27 OCT 2022
ASIC has taken its first action for greenwashing against ASX-listed energy company Tlou Energy. Tlou has paid a total of $53,280 to comply with four infringement notices issued by ASIC over concerns about alleged false or misleading sustainability-related ...

Budget deficit pressured by debt costs

ANDREW MCKEAN  |  WEDNESDAY, 26 OCT 2022
The government has blamed its predecessor for inheriting a budget burdened by $1 trillion in gross debt and deficits projected for at least the next decade. Consequently, new fiscal policies have largely been offset for this year and the next. "We face ...

Affordable housing in Budget spotlight

JAMIE WILLIAMSON  |  TUESDAY, 25 OCT 2022
... interests of our CareSuper members to deliver on the pressing economic and social needs to house our nation." Also commenting, Rest chief executive Vicki Doyle said: "Rest has been an investor in institutional residential developments overseas since ...

RBA downplays exchange rate inflationary impacts

ANDREW MCKEAN  |  TUESDAY, 25 OCT 2022
At the Commonwealth Bank Global Markets conference, Reserve Bank of Australia (RBA) assistant governor Christopher Kent said inflation is too high in most economies, reflecting disruptions to supply coupled with strong demand. In his presentation, Kent ...

Retirees are silent casualties of inflation: Challenger

ANDREW MCKEAN  |  MONDAY, 24 OCT 2022
... Alternatively, the report recommended a guaranteed CPI-linked lifetime annuity that pays retirees an income stream for the rest of their life that adjusts in line with inflation changes. Moreover, regarding lifetime annuities there's been an innovation ...

Westlawn Financial Services cops stop orders

CHLOE WALKER  |  MONDAY, 24 OCT 2022
ASIC has placed an interim stop order on the distribution of Westlawn Financial Services' income fund, due to non-compliant target market determinations (TMDs). The interim stop order will restrict the Grafton-based firm from issuing interests in, giving ...

Jarden restructures, shuffles team

JAMIE WILLIAMSON  |  FRIDAY, 21 OCT 2022
Having grown at a faster rate than anticipated, Jarden has implemented a new business structure which has required several changes to its management team, including a new role for the chief executive. Jarden said it set itself a target in 2016 of quadrupling ...