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Showing 891 - 900 of 16734 results for "The Australian"

Australian ETFs reach $233bn in FUM

ELIZA BAVIN  |  TUESDAY, 12 NOV 2024
The Australian ETF industry continues to see strong inflows, according to the VanEck ETF Industry Pulse October 2024, reaching a record $233 billion in funds under management. This is up 2.7% from September 2024 and up 54.5% from October 2023. Betashares ...

Systemic issues impact 20k consumers: AFCA

MATTHEW WAI  |  MONDAY, 11 NOV 2024
The Australian Financial Complaints Authority (AFCA) revealed some of the most common systemic issues it saw in the second half of FY24, including continued non-compliance with the Protecting Your Super regime. According to the Systemic Issues Insights ...

HESTA red flags MinRes for governance failures

ANDREW MCKEAN  |  FRIDAY, 8 NOV 2024
... Ellison was found to have engaged in widespread misconduct, including underreporting income from offshore entities to the Australian Taxation Office. Ellison will face board-imposed financial penalties totalling $8.8 million, along with the loss of up ...

RBA seeks input on CBDC research project

MATTHEW WAI  |  FRIDAY, 8 NOV 2024
... overarching aim here is to help address the larger question of how innovation in our financial system can best support the Australian economy in the digital age." Responses to the consultation paper must be received by Wednesday, December 11. In July ...

Commonwealth Super reports strong investment performance

ANDREW MCKEAN  |  THURSDAY, 7 NOV 2024
... to be evolving from pension administrator to a retirement partner that will help current and former employees of the Australian Public Service and Australian Defence Force achieve a comfortable retirement. "With three-in-four contributing CSC members ...

NAB profits, earnings slide

MATTHEW WAI  |  THURSDAY, 7 NOV 2024
... remain elevated and together with cost-of-living pressures causing customers to tighten their belts," Irvine said. "The Australian economy has remained resilient, however the impact of higher interest rates and cost of living is challenging for our customers... ...

Trump tariffs cause for concern among Australian investors

ELIZA BAVIN  |  THURSDAY, 7 NOV 2024
... more known for China and Europe, there is some guess work on how it will impact Australia. "The direct impact on the Australian economy is less clear. Historically we were spared from Trump's steel and aluminium tariffs, so there is a chance we can dodge ...

ACCC urges parliament to pass new merger laws

ELIZA BAVIN  |  MONDAY, 4 NOV 2024
... essential for protecting consumers and small businesses from conduct that currently falls outside the scope of the Australian Consumer Law. "In recent years, we have identified numerous examples of concerning business conduct which is unlikely to breach ...

ANZ suspected of more mistakes amid bond saga

MATTHEW WAI  |  MONDAY, 4 NOV 2024
... are taken to ensure these conduct failures do not re-occur," ANZ chief executive Shayne Elliott said. Further, the Australian Prudential Regulation Authority (APRA) has also increased the capital penalty over ANZ's non-financial risk management practices. ...

Cbus names chief strategy officer

ELIZABETH FRY  |  FRIDAY, 1 NOV 2024
... from bank-owned funds and influence government policy. Before working in super, Dean worked as an organiser with the Australian Council of Trade Unions in the mid-1990s before becoming a political adviser to former Victorian premier Steve Bracks. He ...