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

Search Results

Showing 911 - 920 of 4166 results for "Action"

Mining vital to low carbon solutions: Fidelity

ANDREW MCKEAN  |  WEDNESDAY, 10 AUG 2022
... "Paradoxically, the same awareness and concern for environmental and social issues from societies that has led us to climate action is also what we see as one of the key barriers to the expansion of clean technologies." "This is because the minerals ...

Berkshire posts $53bn investment loss

ANDREW MCKEAN  |  MONDAY, 8 AUG 2022
Berkshire Hathaway has reported a US$53 billion loss on its investments during the quarter. However, Berkshire Hathaway's quarterly report explained that unrealised gains and losses arising from changes in market price of investments in equity securities ...

Government strengthens multinationals tax laws

CASSANDRA BALDINI  |  MONDAY, 8 AUG 2022
... deductions for MNEs in line with the Organisation for Economic Cooperation and Development (OECD)'s recommended approach under Action 4 of the Base Erosion and Profit Shifting (BEPS) program. It also looks to introduce a new rule limiting MNEs' ability ...

APRA releases annual corporate plan

CASSANDRA BALDINI  |  MONDAY, 8 AUG 2022
... products that fail the performance test or otherwise demonstrate poor performance and use its prudential powers to take action against trustees where warranted. It added that it will accelerate beneficial industry consolidation to establish viable and ...

NGS Super divests oil, gas producers

RACHEL ALEMBAKIS  |  FRIDAY, 5 AUG 2022
... physical asset risk, and we were also in discussions with our active managers, what their position was in terms of the price action on these particular companies." Squires said that in light of geopolitical tension and supply shocks resulting in the ...

Contact AFCA now: ASIC urges Dixon Advisory clients

JAMIE WILLIAMSON  |  THURSDAY, 4 AUG 2022
... and the outcome of Dixon Advisory's ongoing administration process. Many of these same factors will also influence what action AFCA takes thereafter, which is also dependent on any class action litigation.

Advisers receive guidance on rights under FSCP

JAMIE WILLIAMSON  |  THURSDAY, 4 AUG 2022
... hearing. "A hearing by a sitting panel is an inquiry to determine the facts and help the panel determine what, if any, action it should take against a financial adviser based on those facts. The hearings are 'inquisitorial' in nature, rather than adversarial-that ...

FSC guidance looks to eliminate greenwashing

ANDREW MCKEAN  |  WEDNESDAY, 3 AUG 2022
... for fund managers will signal government, regulators, and consumers that the Australian investment community sees climate action as a top priority. "The FSC wants consumers to have confidence fund managers who set net zero targets are assessing their ...

ASIC continues crack down on deceptive advertising

CHLOE WALKER  |  TUESDAY, 2 AUG 2022
... lower risk investments, benchmarks, and indices; and used outdated performance numbers. It added that further regulatory action in relation to the Fund and Fawkner may be considered. The regulator has issued several stop orders recently for varying reasons. ...

APRA to improve strategic planning, member outcomes rules

JAMIE WILLIAMSON  |  MONDAY, 1 AUG 2022
... resources. APRA is proposing licensees adopt and clearly articulate financial management related performance measures, action plans, objectives and targeted outcomes for members. They should also monitor the adequacy of financial resources in relation ...