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

Search Results

Showing 941 - 950 of 16659 results for "The Australian"

AFCA urges super trustees to improve processes

ELIZA BAVIN  |  TUESDAY, 13 AUG 2024
The Australian Financial Complaints Authority (AFCA) said the average loss on a superannuation scam complaint was just under $90,000. AFCA said of the nearly 11,000 complaints in relation to scams last financial year, less than 20 came from superannuation ...

BHP, Rio Tinto, Qantas back carbon credits fund

JAMIE WILLIAMSON  |  MONDAY, 12 AUG 2024
... sector to decarbonise," he said. "Importantly, the fund will help to scale quality, nature-based carbon credits in the Australian market with social and economic benefits for local communities." Also commenting, BHP vice president, climate Graham Winkelman ...

Vanguard, Betashares, iShares neck and neck in battle for inflows

ANDREW MCKEAN  |  MONDAY, 12 AUG 2024
... Equal Weight ETF at $44 million, and Vanguard US Total Market Shares Index ETF with $41 million. Interestingly, the Australian ETF industry reached a new all-time high in assets under management (AUM), hitting $215.6 billion, driven by record net flows ...

FAAA calls on advisers: 'We ask for your support'

ELIZA BAVIN  |  FRIDAY, 9 AUG 2024
... to the CSLR legislation and failed to do a regulation impact statement for the CSLR. The FAAA also took aim at the Australian Securities and Investments Commission (ASIC) for "failing to take action against Dixon Advisory in a timely manner" and for ...

Australia sees jump in zombie companies

ELIZA BAVIN  |  THURSDAY, 8 AUG 2024
... potential interest rate hikes pose significant risks for Australian businesses," Kearney said. The report comes after the Australian Securities and Investments Commission (ASIC) said fewer than one in 10 liquidators have adopted a simplified liquidation ...

Global X loses another senior talent

ANDREW MCKEAN  |  WEDNESDAY, 7 AUG 2024
... later this month, after an almost 11-year stint. Mann joined ETF Securities in Hong Kong before transitioning to the Australian business in 2016. Global X said he was instrumental in building and expanding the eight-person portfolio management and operations ...

AFSLs can lose licence on CSLR intervention

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2024
... making the claim up to $150,000," he said. While AFSLs ultimately have the responsibility to pay the compensation, the Australian Financial Complaints Authority (AFCA) and the CSLR, in some cases, have had to rope in the PII. "We are sensitive to that ...

No one immune to cost-of-living pain: ABS

ELIZA BAVIN  |  WEDNESDAY, 7 AUG 2024
Living costs have risen for all Australian household types in the June quarter, according to data from the Australian Bureau of Statistics (ABS). ABS head of prices statistics Michelle Marquardt said increases in living costs in the June quarter ranged ...

Chalmers 'confident but not complacent' on economic prospects

ELIZA BAVIN  |  WEDNESDAY, 7 AUG 2024
... Chalmers said despite the volatility, he has a positive outlook for Australia's economy. "We are confident about the Australian economy, we are confident we can continue to see inflation moderate," Chalmers said. "We're confident that we can continue ...

Former wealth management chief ousted from financial services

ANDREW MCKEAN  |  FRIDAY, 2 AUG 2024
... entities. The regulator also advised UGC clients to seek independent advice and consider lodging complaints with the Australian Financial Complaints Authority if they have concerns about the advice they received. Last June, ASIC obtained interim orders ...