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| | | ... conduct an independent review as part of our AML/CTF program. "We recognise that Buy Now Pay Later is a new and maturing sector not only for our customers, but also for regulators. And we will continue to work closely with AUSTRAC to develop a leading ... |
| | | | The Australian Securities and Investment Commission said it does not believe accountants provide "more compliant or better financial advice" than financial advisers. In its submission to the Review of the Tax Practitioners Board released by Treasury ... |
| | | | ... Reserve Bank of Australia (RBA) to announce no change in interest rates before the running of the horses today. The RBA would not want to disappoint market expectations for cutting rates on this day would only exacerbate concerns that something wicked ... |
| | | | ... chair Andrew Fraser said that, as trustees, the chairs were examining ways to benefit fund members. Merging their funds was not out of the picture, they said. "There is an absolute responsibility upon trustees to consider how to best serve their members' ... |
| | | | Westpac chief executive Brian Hartzer relinquished a $1.6 million cash bonus for the year, as income for the group's wealth management business fell significantly. Releasing its annual report and full year results to the market this morning, Westpac ... |
| | | | ... system would see it as "fundamentally broken" and, ultimately, producing less than optimal outcomes for the consumer. "It's not right for competition in Australia," Aikins said. Somes pointed out that in a recent report the International Monetary Fund ... |
| | | | ... investing in global equity managers. "It is designed to address shortcomings of typical approaches. One such shortcoming has been not enough capital committed to highest conviction ideas," Goss said. |
| | | | ... indices rallied at the close of trading last week: The S&P 500 added 1.0% to a new all-time high; the Nasdaq closed 1.1% up but not after setting a fresh record level; the Dow jumped by 1.1%; and, the Russell 2000 index soared by 1.7%. "There's a ... |
| | | | ... approximately $33 million plan service fees from 220,000 members of MLC MasterKey Business and MLC MasterKey Personal Super who did not have Plan Adviser (No-Adviser Members). In doing so, the two organisations failed to ensure its services were provided ... |
| | | | ... that ability. They then submitted research and development claims to AusIndustry, AusIndustry has in essence said they are not sure that everything that was put up is claimable," Wright explained. "The technicality is whether the hypothesis was strong ... |
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