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

Search Results

Showing 81 - 90 of 296 results for "Ruling"

Permanent ban follows alleged SMSF theft

HARRISON WORLEY  |  WEDNESDAY, 5 FEB 2020
... with. In July 2019 Tran was one of three New South Wales SMSF auditors disqualified by ASIC, with the corporate regulator ruling she was "not a fit and proper person". Tran had already been deregistered from a statutory role by another regulator when ...

Platform hints at aggressive expansion

ELIZABETH MCARTHUR  |  FRIDAY, 1 NOV 2019
... what the technology could do or was the business clear about what it could do. We will be asking AusIndustry to review the ruling. Then they'll go through the process again." Wright confirmed that Xplore has had conversations with ASIC as part of ...

ASIC wins appeal against Westpac companies

KANIKA SOOD  |  MONDAY, 28 OCT 2019
... blow to Westpac, the Federal Court this morning delivered the corporate regulator a win in its appeal against a previous ruling on Westpac's telephone campaigns. The full court this morning said ASIC's appeal will be allowed with costs, while ...

Chief economist update: Global easing

BENJAMIN ONG  |  TUESDAY, 13 AUG 2019
... But this was before the advent of fears over a German recession and the latest political uncertainty in Italy where the ruling party faces a no-confidence vote. The Bank of England (BOE) despite earlier alluding to higher interest rates, has kept the ...

Chief economist update: Iron ore on the up and up

BENJAMIN ONG  |  MONDAY, 1 JUL 2019
... slowing below this year's GDP targeted growth of 6.0-6.5%. Infrastructure equals steel equals iron ore. Even before this ruling, China's steel mills were busily lifting production. Reuters reports: "The world's top steel maker produced 89.09 ...

AAT upholds AFSL rejection

OSKAH DUNNIN  |  TUESDAY, 15 JAN 2019
... Services Industry saw ASIC scrutinised for its lack of regulatory enforcement. ASIC senior executive Warren Day says this ruling is a reminder that "ASIC is not simply a rubber stamp." ASIC noted "that under s 1308(8) of the Act, it is an offence of ...

The problem the Productivity Commission is trying to fix

ALEX DUNNIN  |  THURSDAY, 10 JAN 2019
Australia's superannuation sector in trying to digest the Productivity Commission's 700-page report with its 31 recommendations need to keep in mind the massive structural problems it is trying to fix. The fundamental problem that has perplexed ...

ASIC and Westpac court battle sees mixed outcome

DARREN SNYDER  |  FRIDAY, 4 JAN 2019
A landmark Federal Court judgment has provided greater clarity between general and personal financial advice, ruling in favour of Westpac's position. Yet the bank still managed to breach the Corporations Act. Judge Jacqueline Gleeson said ASIC failed ...

Former Paradice managers launch LIT

KANIKA SOOD  |  MONDAY, 17 DEC 2018
... Conviction Fund closed to new investors in March, as the boutique applied to the Australian Taxation Office to get a tax ruling for rollover release to prevent its current investors from accruing additional capital gains taxes in moving to the new listed ...

BEAR should be expanded, ASIC included: Shipton

JAMIE WILLIAMSON  |  FRIDAY, 23 NOV 2018
... inclusion of non-executive members on ASICs governing body wouldn't assist in the good governance of the regulator. "I'm not ruling that out. What I am saying is that I believe... the optimal model is full-time Commissioners who do not have executive ...