Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 881 - 890 of 16658 results for "The Australian"

Lack of talent challenging DDO compliance

JAMIE WILLIAMSON  |  MONDAY, 23 SEP 2024
... whether they continue to fall within the target market. More recently, ASIC chair Joe Longo, while on stage at the Australian Compliance Institute Annual Conference, conceded that the workload for compliance teams has "dramatically multiplied in the ...

ASIC updates and reissues RG 121

ELIZA BAVIN  |  MONDAY, 23 SEP 2024
The Australian Securities and Investments Commission (ASIC) has reissued RG 121 to provide updated guidance to individuals and companies from outside Australia that wish to conduct a financial services business in Australia. The newest version replaces ...

ASIC, RBA handed new financial market infrastructure powers

ANDREW MCKEAN  |  FRIDAY, 20 SEP 2024
... reforms significantly enhance ASIC's regulatory toolkit for financial market infrastructures, clarify the scope of the Australian licensing regime for overseas markets and clearing and settlement facilities, and empower us to make rules to promote the ...

Inquiry urges government to consider paid reproductive leave

JAMIE WILLIAMSON  |  FRIDAY, 20 SEP 2024
... Australia and overseas with consideration to introducing it in the National Employment Standards. Modelling by the Australian Institute of Superannuation Trustees (AIST) estimates menopause is costing Australian women about $17 billion in lost earnings ...

Fed cut will not move the dial for RBA

ELIZA BAVIN  |  FRIDAY, 20 SEP 2024
... stage is faced with relatively "stickier" inflation and arguably a better-performed, if fragile, labour market. "The Australian circumstance is perhaps no coincidence given that the RBA has been less aggressive than the Fed in raising the policy rate ...

RBA doubling down on wholesale CBDC

MATTHEW WAI  |  THURSDAY, 19 SEP 2024
... engagement with industry and other stakeholders on the question of how our monetary arrangements could better support the Australian economy in the digital age." The focus on a wholesale CBDC development would mean that a retail CBDC is left out in the ...

Payday Super penalties ramped up ahead of legislation

JAMIE WILLIAMSON  |  WEDNESDAY, 18 SEP 2024
... out." Over the last nine years, Australians have missed out on $41.6 billion in unpaid super, the lobby group said. The Australian Council of Trade Unions also urged the government to introduce legislation swiftly, with ACTU president Michele O'Neil ...

Hanson backs Dixon Advisory inquiry

KARREN VERGARA  |  WEDNESDAY, 18 SEP 2024
... doesn't happen again." Total compensation for Dixon Advisory victims has reached $338.6 million, according to the Australian Financial Complaints Authority (AFCA), affecting nearly 2800 victims. Evans and Partners did not respond to Financial Standard's ...

Arrowpoint launches new fund

ELIZA BAVIN  |  WEDNESDAY, 18 SEP 2024
... Investments, will hold around 20% of the funds raised in the second fund, which would be one of the highest in the Australian private debt market. "This is significant as it aligns the interests of the fund managers with investors," McDonnell said. "Our ...

Investment boutique calls time after seven years

JAMIE WILLIAMSON  |  TUESDAY, 17 SEP 2024
... over rolling five-year periods. Since inception it's returned 6.4% against the benchmark's 4.3%. Meantime, the Australian product aimed to deliver income by outperforming the S&P/ASX200 Franking Credit Adjusted Daily Total Return Index (Tax-Exempt) ...