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Showing 81 - 90 of 292 results for "Ruling"

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 ...

Westpac cops BBSW fine

HARRISON WORLEY  |  MONDAY, 12 NOV 2018
... benchmark rates you are likely to have the maximum penalty imposed, whatever that is from time to time." As a result of the ruling, Westpac is also set to pay ASIC's costs of and incidental to the penalty hearing. ASIC Commissioner Cathie Armour was ...

Chief economist update: Stability is doing it for Japan

BENJAMIN ONG  |  MONDAY, 24 SEP 2018
... continued stability --in government and monetary policy. Japanese Prime Minister Shinzo Abe's victory in the just-concluded ruling party leadership vote indicates the continued progression on 'Abenomics'. At the same time, the Bank of Japan (BOJ) remains ...

Chief economist update: Japan's sun shines

BENJAMIN ONG  |  TUESDAY, 11 SEP 2018
... champion free trade." "Tit-for-tat trade sanctions don't benefit any country," Abe told a gathering of lawmakers from the ruling Liberal Democratic Party on Monday, without mentioning Trump by name. "Now is the time for Japan to take the lead in ...

Federal Court rules partly in favour of DomaCom

HARRISON WORLEY  |  TUESDAY, 14 AUG 2018
A Federal Court ruling on a potential breach of the Sole Purpose Test has been termed a "milestone" for the SMSF industry, however there are still hurdles to clear before sub-funds are not considered in-house assets or related trusts under the SIS (Superannuation ...