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Showing 71 - 80 of 920 results for "Maximum"

Telegram pump and dump schemers plead guilty

JAMIE WILLIAMSON  |  WEDNESDAY, 11 JUN 2025
... one count of dealing with money or other property that was proceeds of crime, valued at $10,000 or more. They all face a maximum penalty for the conspiracy offence of 15 years' imprisonment and a fine of over $1 million. ASIC alleges the four individuals ...

BUSSQ lowers administration fees

ELIZA BAVIN  |  TUESDAY, 27 MAY 2025
... account balance of $50,000 would have been charged, or have deducted, $100 in administration fees and costs of up to a maximum of $1000 per year, plus $91 regardless of the account balance. After the change, a member with $50,000 in their account will ...

Aware Super cuts fees for retiree members

JAMIE WILLIAMSON  |  MONDAY, 26 MAY 2025
... retirement transition members from June 1. The fee will drop from 0.23% of a member's balance to 0.17%. At the same time, the maximum annual admin fee on a retirement account is dropping to $1300, down from $1500. This could equate to a 25% cut or, for ...

Super tax debate suffocates action for low-income Australians

ANDREW MCKEAN  |  FRIDAY, 23 MAY 2025
... by boosting their super savings." Under the current settings, an apprentice earning $27,778 per year would reach their maximum LISTO entitlement early, long before they receive the full benefit. "Boosting the cap to $810 would ensure workers aren't ...

Former director sentenced over 'test' trading accounts

MATTHEW WAI  |  THURSDAY, 22 MAY 2025
... offending, reiterating the impact was "significant" and "life changing", while causing emotional and financial devastation. The maximum penalty for an offence of dishonestly obtaining financial advantage by deception under s192E(1)(b) of the Crimes Act ...

Ascent Investment mastermind cops 33 criminal charges

KARREN VERGARA  |  MONDAY, 12 MAY 2025
... Commonwealth Director of Public Prosecutions. Each offence of fraud under the Criminal Code in Western Australia carries a maximum penalty of seven years imprisonment or 10 years if the person deceived is 60 years or older. The maximum penalty for each ...

AMP shareholders approve executive pay

KARREN VERGARA  |  MONDAY, 14 APR 2025
... week, newly appointed AMP chair Mike Hirst said: "As a result, the committee agreed that it was appropriate to reduce the maximum short-term incentive for the chief executive and executive team from 200% of fixed remuneration, to 150% from 1 January ...

Three AFS licensees pinged over compliance breaches

ANDREW MCKEAN  |  WEDNESDAY, 9 APR 2025
... into account when determining its enforcement approach, which may explain why the $31,300 penalty is half the $62,200 maximum a court can impose for each contravention. The registration requirement has applied since February 16. It requires a relevant ...

Pearler Super launches, new FHSSS product imminent

KARREN VERGARA  |  MONDAY, 31 MAR 2025
... match your home-buying timeline and take control of your investment fees." The scheme allows members to contribute up to a maximum of $15,000 in any one financial year and up to a maximum of $50,000 across all years into their super fund to build a deposit ...

Chalmers boosts Help to Buy scheme, construction sector

KARREN VERGARA  |  TUESDAY, 25 MAR 2025
... territories on the National Planning Reform Blueprint to build homes faster," he said. For renters, Chalmers will increase maximum rates of Commonwealth Rent Assistance (CRA) by 45%, saying this will be the first back-to-back increase in 30 years. "Combined ...