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Showing 871 - 880 of 5392 results for "Federal"

Economic recap: Week to November 26

BENJAMIN ONG  |  MONDAY, 29 NOV 2021
... the target of 10 basis points for the April 2024 Australian Government bond" at it's 2 November Board meeting. The US Federal Reserve wasn't far behind, declaring on the 3rd of November that it would "taper" its US$120 billion a month purchases by US$15 ...

ASIC sues ANZ over home loan referrals

CHLOE WALKER  |  FRIDAY, 26 NOV 2021
ASIC has commenced proceedings in the Federal Court against ANZ for breaches of the Credit Act arising from referrals through its home loan 'introducer program' and from unlicensed individuals outside the introducer program. The program involved ...

Retirement Income Covenant hits parliament

KARREN VERGARA  |  FRIDAY, 26 NOV 2021
... Review's finding that there has been insufficient attention on assisting people to optimise their retirement income. The federal government reintroduced the CCIV regime in the 2021-22 budget following a period of delay. Assistant treasurer Michael ...

Plaintiff seeks to ring fence Dixon penalty

KARREN VERGARA  |  THURSDAY, 25 NOV 2021
... Residential Property Fund (URF) and related products between 2 September 2015 and 31 May 2019. ASIC ultimately dropped its Federal Court case against Evans & Dixon and instead ordered it to pay a $8.2 million penalty, of which $1 million will go to the ...

QSuper faces class action over excess premiums

JAMIE WILLIAMSON  |  THURSDAY, 25 NOV 2021
... policies by charging almost all members the same despite differing occupations. Shine Lawyers has filed the action in the Federal Court against QSuper, saying the fund changed life insurance policies and premiums on 1 July 2016 in a move that saw white ...

Pella Funds Management adds to advisory board

CHLOE WALKER  |  WEDNESDAY, 24 NOV 2021
... National Bureau of Economic Research, research fellow at the Institute for Fiscal Studies, and economic consultant at the Federal Reserve Bank of Chicago. Woods brings over 20 years of experience across ESG and sustainable investment and was previously ...

Caddick's assets will be sold

ELIZABETH MCARTHUR  |  TUESDAY, 23 NOV 2021
... alleged conwoman Melissa Caddick, including a Sydney home worth more than $6 million, must be sold to pay back victims. The Federal Court has found Caddick and her company, Maliver, carried out a financial services business without holding an AFSL. The ...

COVID-19 relief for SMSFs may require specialist input

CHLOE WALKER  |  MONDAY, 22 NOV 2021
... has commented on the need for SMSF specialist advice in the wake of extended COVID-19 relief measures implemented by the federal government. "Managing an SMSF can be complex at the best of times, particularly for those who have just begun their journey ...

MLC to face court over insurance failures

JAMIE WILLIAMSON  |  FRIDAY, 19 NOV 2021
... suing MLC over insurance failures spanning more than 20 years. The regulator commenced civil penalty proceedings in the Federal Court for insurance policy and service failures that occurred between 1999 and 2020. The action is against MLC Limited, the ...

Mawhinney lawyer accuses ASIC of trial by media

ELIZABETH MCARTHUR  |  THURSDAY, 18 NOV 2021
... on Tuesday, November 16 alleging contempt of court by Mawhinney. The over 800 pages of documents filed by ASIC in the Federal Court were allegedly not made available to Roberts Gray Lawyers until 5:39pm that same day. "It appears ASIC has rushed out ...