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Showing 851 - 860 of 5158 results for "rest"

QAR leaves insurance commissions alone

JAMIE WILLIAMSON  |  THURSDAY, 3 NOV 2022
... consultation. Now, a separate paper devoted to the topic of conflicted remunerations has been made available. The paper has put to rest uncertainty around the fate of commissions, with the QAR saying commissions in relation to financial product advice ...

MySuper index records worst rolling return since 2009

JAMIE WILLIAMSON  |  THURSDAY, 3 NOV 2022
... median, all the top performing property options reported positive returns. Hostplus topped the pack with 15.9%, followed by Rest with 14.9%, Acumen on 14.3%, Telstra Super with 12.9%, and CareSuper with a 12.3% return. Over the same 12-month period ...

US recession probability reaches 75% - is Australia at risk?

ANDREW MCKEAN  |  TUESDAY, 1 NOV 2022
... is highly likely," Saxena said. Assuming the US recession does materialise, Saxena claimed lower growth would plague the rest of the world, especially countries that export to the US. Also, the outflow of capital from lower interest rate countries could ...

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 ...