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

Search Results

Showing 981 - 990 of 9451 results for "Made"

Active Super found guilty of greenwashing

ANDREW MCKEAN  |  THURSDAY, 6 JUN 2024
... social, and governance (ESG) credentials. The profit-to-member fund, which is set to merge with Vision Super in March 2025, made claims on its website and social media, and through public statements - including from former chief executive Phil Stockwell ...

More businesses fold, unpaid super recovery measure to launch

KARREN VERGARA  |  THURSDAY, 6 JUN 2024
... considering the commerciality of funding actions, DEWR will now "assess whether the claims will result in a return of advances made under FEG as and whether the claims will result in a better recovery of superannuation guarantee charge (SGC)." The Australian ...

Australian Unity lashed by ASIC over TMD questionnaire

JAMIE WILLIAMSON  |  THURSDAY, 6 JUN 2024
... retail clients are unlikely to understand the questionnaire used to determine whether they would be in the target market. ASIC made an interim stop order preventing the fund manager from issuing or distributing interests in the Australian Unity Select ...

Sequoia chief learns his fate at EGM

ELIZA BAVIN  |  THURSDAY, 6 JUN 2024
... resulting in an increase in collective voting power above 20% which breached Corporations Act section 606. The stoush was made messier by Jones and Glennon hoping to elect Brent Jones - son of Tony Jones - as the new chief executive. "They are proposing ...

ASIC cancels AFSL of XTrade

ELIZA BAVIN  |  THURSDAY, 6 JUN 2024
... 2024, the AAT refused XTrade's stay application. This means that XTrade's AFSL remains cancelled until a final decision is made by the AAT on the substantive review application.

Inflation debate: Older Australians accused of driving crisis

JAMIE WILLIAMSON  |  WEDNESDAY, 5 JUN 2024
... Australians as "cannon fodder" in the fight against inflation after it conceded people aged over-65 are spending more, having "made bank" on the back of increased interest rates. Appearing at the Senate Economics Legislation Committee this morning, RBA ...

Who is the highest paid S&P500 company chief?

KARREN VERGARA  |  WEDNESDAY, 5 JUN 2024
... S&P500 chief executives rose by 12.6% to US$16.3 million year on year. "In line with the average CEO pay package, stock awards made up approximately 70% of total compensation in 2023. The median value of stock awards jumped 10.7% to $9.4 million in 2023 ...

Block Earner dodges massive fine

KARREN VERGARA  |  WEDNESDAY, 5 JUN 2024
... let alone guilty of carelessness or imprudence of such a degree as to demonstrate that no genuine attempt at all had been made to carry out the requirements of the Act or the general law." Judge Jackman concluded that "it is appropriate that no penalty ...

QIC backs startup investor

ANDREW MCKEAN  |  TUESDAY, 4 JUN 2024
Queensland Investment Corporation's (QIC) Venture Capital Development Fund has made an investment in technology investor Tidal Ventures. The undisclosed investment sum will support Tidal Ventures, which focuses on vertical AI, to invest in high-growth ...

Broken promises leave survivors in the lurch

ANDREW MCKEAN  |  TUESDAY, 4 JUN 2024
... victims of child sexual abuse access to their abuser's superannuation for compensation purposes, little headway has been made. At the same time, experts say the government's proposals are redundant anyway. Former Bega Cheese chief executive and ...