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Showing 901 - 910 of 3801 results for "APPEA"

UniSuper wins in court judgement on board

KANIKA SOOD  |  THURSDAY, 10 DEC 2020
The Victorian Supreme Court on Tuesday decided in favour of the $83 billion industry fund after a union asked the court to decide on its rights in nominating a director for the UniSuper board. The Community and Public Sector Union (CPSU) on September ...

US regulator, states sue Facebook

JAMIE WILLIAMSON  |  THURSDAY, 10 DEC 2020
Facebook appears unfazed by antitrust lawsuits filed by 46 US states and the Federal Trade Commission seeking to force the social media giant to divest key assets, labelling the actions 'revisionist history'. The FTC and 48 Attorneys General ...

Chief economist update: Japan's five minutes of sunshine

BENJAMIN ONG  |  WEDNESDAY, 9 DEC 2020
However it's measured, economic growth has rebounded in the Land of the Rising Sun from the depths of the huge contraction recorded in the June 2020 quarter. Japanese GDP surged at an annualised rate of 22.9% in the September quarter (from a 29.2% ...

Chief economist update: China turns crisis into opportunity

BENJAMIN ONG  |  TUESDAY, 8 DEC 2020
"When written in Chinese, the word 'crisis' is composed of two characters. One represents danger and the other represents opportunity." Although already debunked as incorrect by Sinologists, this quotation attributed to John F. Kennedy regained ...

AAT refuses Allegra AFSL

ANNABELLE DICKSON  |  THURSDAY, 3 DEC 2020
The Administrative Appeals Tribunal (AAT) has refused the provision of an Australian financial services licence to Allegra Financial Services after it was initially rejected by ASIC. Allegra applied to ASIC for an AFSL in 2018 to provide personal financial ...

Funds' net-zero ambitions collide with Santos

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 DEC 2020
Australian oil and gas company Santos' carbon reduction plan has been heavily criticised, with critics pointing out many super funds invested in the company have made declarations on climate change that don't match their actions. According to ...

ASIC takes action against missing woman

ELIZABETH MCARTHUR  |  FRIDAY, 27 NOV 2020
ASIC has taken action against Maliver and its sole director, Melissa Caddick - who has been missing in unclear circumstances for over a week - over concerns investor funds were misappropriated. The Federal Court has made interim orders against Maliver ...

SMSF fraudster sentenced

ELIZABETH MCARTHUR  |  FRIDAY, 27 NOV 2020
Craig Gore was sentenced to five years' imprisonment with a non-parole period of two years on six counts of fraud involving $345,000. Gore was initially arrested on 14 April 2017 after being charged with fraud relating to obtaining funds from self-managed ...

Reverse mortgages used to extinguish debt

KARREN VERGARA  |  THURSDAY, 26 NOV 2020
More older Australians are increasingly using reverse mortgages to pay off debt, a new survey found. RMIT University found two in five (44%) seniors used reverse mortgages to refurbish their homes after surveying over 9700 customers of Heartland Seniors ...

Retail superannuation funds grilled on member priorities

KARREN VERGARA  |  TUESDAY, 24 NOV 2020
A parliamentary inquiry has again cast doubt over retail superannuation funds' ability to put the best financial interests of members ahead of profit and shareholders. The most recent Standing Committee on Economics into super heard instances of ...