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Showing 81 - 90 of 923 results for "Maximum"

Three AFS licensees pinged over compliance breaches

ANDREW MCKEAN  |  WEDNESDAY, 9 APR 2025
... into account when determining its enforcement approach, which may explain why the $31,300 penalty is half the $62,200 maximum a court can impose for each contravention. The registration requirement has applied since February 16. It requires a relevant ...

Pearler Super launches, new FHSSS product imminent

KARREN VERGARA  |  MONDAY, 31 MAR 2025
... match your home-buying timeline and take control of your investment fees." The scheme allows members to contribute up to a maximum of $15,000 in any one financial year and up to a maximum of $50,000 across all years into their super fund to build a deposit ...

Chalmers boosts Help to Buy scheme, construction sector

KARREN VERGARA  |  TUESDAY, 25 MAR 2025
... territories on the National Planning Reform Blueprint to build homes faster," he said. For renters, Chalmers will increase maximum rates of Commonwealth Rent Assistance (CRA) by 45%, saying this will be the first back-to-back increase in 30 years. "Combined ...

Budget deficit to balloon to $42.1bn

ELIZA BAVIN  |  TUESDAY, 25 MAR 2025
... loan debts, and the government will raise the minimum repayment threshold and reduce repayment rates. On healthcare, the maximum price for a PBS script will be cut from $31.60 to $25 and pensioners and concession cardholders will still pay $7.70 a script. ...

Metrics acquires BC Investment Group

ELIZA BAVIN  |  MONDAY, 3 MAR 2025
... payable based on the financial performance of BCI against defined targets in the 12-month period after completion. Then maximum additional payment is $6.9 million. The purchase will refinance shareholder loans currently provided by FEC to BCI, which ...

'Less revenue for us': AustralianSuper on closing multiple accounts

ELIZA BAVIN  |  THURSDAY, 27 FEB 2025
... sought a significantly higher penalty of $140 million against the fund. Bragg questioned ASIC as to why it did not seek the maximum penalty, despite the very large number of member accounts that were impacted. However, Court explained that because members ...

Platinum rolls out major leadership reshuffle

ELIZA BAVIN  |  WEDNESDAY, 26 FEB 2025
... fixed remuneration of $1.1 million, with retrospective effect from 1 March 2025. He may also be eligible to receive a maximum of $1.32 million (120% of fixed remuneration), in short-term incentives. For long-term incentives, Peters is eligible to receive ...

SMSFs outperform APRA funds over five years: Research

MATTHEW WAI  |  WEDNESDAY, 12 FEB 2025
... top quartile SMSFs (11.6%) outperformed APRA funds (9.3%), while the bottom quartile of SMSFs underperformed, achieving maximum RORs of only 1.6% versus 8% for the lowest APRA fund quartile. University of Adelaide senior lecturer in finance George Mihaylov ...

Most retirees who rent live in poverty: Grattan Institute

ANDREW MCKEAN  |  MONDAY, 10 FEB 2025
... still afford other essentials. "Rent Assistance materially reduces housing stress among low-income Australians. But the maximum payment rate is inadequate. Rent Assistance covers only 30% of the cost of renting a cheap one-bedroom home in an Australian ...

Former adviser pleads guilty to $1m theft

MATTHEW WAI  |  MONDAY, 3 FEB 2025
... currently being prosecuted by the Office of the Director of Public Prosecutions following the referral by ASIC. In WA, the maximum penalty is seven years imprisonment for each offence of stealing and fraud, with the latter to be penalised for 10 years ...