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Showing 951 - 960 of 16734 results for "The Australian"

Inflation cools but RBA unlikely to budge

ELIZA BAVIN  |  WEDNESDAY, 25 SEP 2024
... indicator rose 2.7% in the 12 months to August 2024 - down from 3.5% in July, according to the latest data from the Australian Bureau of Statistics (ABS). Falls in fuel (-7.6%) and electricity (-17.9%) were significant moderators of annual inflation ...

The University of Sydney Endowment Fund taps new custodian

ANDREW MCKEAN  |  WEDNESDAY, 25 SEP 2024
... unlisted, and, public and private. It's sought a new provider following the withdrawal of NAB Asset Servicing from the Australian market, ultimately selecting BNP Paribas. The University of Sydney Endowment Fund chief investment officer - investment ...

Vanguard to pay $13m in greenwashing case brought by ASIC

JAMIE WILLIAMSON  |  WEDNESDAY, 25 SEP 2024
... penalty imposed is the highest yet for greenwashing conduct. Greenwashing is a serious threat to the integrity of the Australian financial system and remains an enforcement priority for ASIC," she said. "The size of the penalty should send a strong deterrent ...

Nudging pre-retirees has 'little effect'

ELIZA BAVIN  |  WEDNESDAY, 25 SEP 2024
The Australian government has recommended super funds use 'nudging' to help encourage members to engage more with their retirement savings, however new research from Yale University in the US has found the practice doesn't work as well as initially ...

Early release of super scammer sent to prison

KARREN VERGARA  |  TUESDAY, 24 SEP 2024
... Court on September 19 with a non-parole period of 18 months. She plead guilty in November 2023 to 30 charges after the Australian Federal Police (AFP) launched an investigation in 2020 into her activities on the back of the Australian Taxation Office's ...

APRA calls out high-cost super platforms

ELIZA BAVIN  |  TUESDAY, 24 SEP 2024
The Australian Prudential Regulation Authority (APRA) has put superannuation platform products under the microscope, saying their higher fees and costs are eroding members' retirement savings. Platform TDPs charged higher administration fees and costs ...

Lack of talent challenging DDO compliance

JAMIE WILLIAMSON  |  MONDAY, 23 SEP 2024
... whether they continue to fall within the target market. More recently, ASIC chair Joe Longo, while on stage at the Australian Compliance Institute Annual Conference, conceded that the workload for compliance teams has "dramatically multiplied in the ...

ASIC updates and reissues RG 121

ELIZA BAVIN  |  MONDAY, 23 SEP 2024
The Australian Securities and Investments Commission (ASIC) has reissued RG 121 to provide updated guidance to individuals and companies from outside Australia that wish to conduct a financial services business in Australia. The newest version replaces ...

ASIC, RBA handed new financial market infrastructure powers

ANDREW MCKEAN  |  FRIDAY, 20 SEP 2024
... reforms significantly enhance ASIC's regulatory toolkit for financial market infrastructures, clarify the scope of the Australian licensing regime for overseas markets and clearing and settlement facilities, and empower us to make rules to promote the ...

Inquiry urges government to consider paid reproductive leave

JAMIE WILLIAMSON  |  FRIDAY, 20 SEP 2024
... Australia and overseas with consideration to introducing it in the National Employment Standards. Modelling by the Australian Institute of Superannuation Trustees (AIST) estimates menopause is costing Australian women about $17 billion in lost earnings ...