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| | | ... to pursue its 'Justified Trust' initiative which seeks to embrace the OECD view that tax risk management should be part of good corporate governance. The initiative identifies the top 1000 taxpayers (large multinational and public companies) to participate ... |
| | | | ... "rip-off" fees and putting consumers' needs first. The Duty comprises an overarching principle - "a firm must act to deliver good outcomes for retail customers" - as well as new rules all regulated firms will have to follow; firms must act in good faith ... |
| | | | The US Federal Reserve raised its policy interest rate by 0.75 basis points to 2.5% and indicated further increases will likely be appropriate. Explaining the decision, Federal Reserve chair Jerome Powell said: "From the standpoint of our congressional ... |
| | | | ... shareholders, Macquarie has been working with APRA to strengthen the voice of Macquarie Bank (MBL) within the Group. "We have made good progress on a comprehensive plan, which includes detailed programs of work across governance, remuneration, risk culture ... |
| | | | ... over $30 million. Jacobsen said the reasons behind positive returns were simple. "We've got established businesses with good brands in the market that are succeeding," he explained. "So, we're experiencing good growth and we're also benefiting ... |
| | | | Australia's annual CPI inflation grew to 6.1% in the June quarter, slightly below the consensus forecast of 6.3%. Consumer prices rose 1.8% this quarter, again less than the 1.9% forecast. "Annual CPI inflation increased 6.1% in the June quarter ... |
| | | | ... its people are well-placed to continue to manage future challenges," he said. Against that backdrop, Byres said now is a good time to hand the reins to a new chair. "Just as we expect the financial institutions we regulate to carefully consider how they ... |
| | | | ... Nevertheless, as previously reported by Financial Standard, RBA deputy governor Michele Bullock said households are in a fairly good position to meet rising interest rates. This is because, "much of the debt is held by high-income households that have ... |
| | | | ... individual borrows will be varied, Bullock concluded: "On balance, I would conclude that as a whole, households are in a fairly good position." "While in aggregate it seems unlikely that there will be substantial financial stability risks arising from ... |
| | | | ... drive returns today, it also quantifies their precise contribution to overall performance, showing asset owners exactly how good managers are at making the decisions that matter in modern investment portfolios," he said. "Asset owners want control and ... |
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