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Showing 1 - 10 of 235 results for "BROKEN"

Vale Lang Walker

CHLOE WALKER  |  MONDAY, 29 JAN 2024
... been remembered as a nation-builder with "remarkable" generosity. In a statement, the Walker family said their hearts are broken by the loss of a great man who "changed the lives of so many people through his visionary projects and philanthropy." "Lang ...

AFCA tightens wholesale investor remit

KARREN VERGARA  |  FRIDAY, 17 NOV 2023
... retail or non-retail. "For non-retail investors, there are two categories - wholesale and sophisticated. That can be further broken down into four categories, which is by wealth, by professional investor status, investment amount, and by knowledge and ...

Financial services marketing is broken: Study

JAMIE WILLIAMSON  |  WEDNESDAY, 20 SEP 2023
A new study shows that while most local financial services marketers believe compliance teams get in the way of them getting their job done, those same compliance specialists think marketers are just looking for someone else to blame when marketing ...

Industry bodies respond to QAR recommendations

KARREN VERGARA  |  TUESDAY, 13 JUN 2023
... protections," he said. The Financial Services Council (FSC) thinks Jones is making the right move to prioritise fixing the broken state of financial advice under Stream One, which aims to lower the cost of providing advice and improve consumers' ...

High Court rejects Mayfair 101 plea

JAMIE WILLIAMSON  |  MONDAY, 24 APR 2023
... in the way it did. I anticipate this new trial, and the Parliamentary Inquiry into ASIC's conduct, will reveal just how broken ASIC really is." Separately, the Federal Court of Western Australia has scheduled a trial to commence December 4 in the defamation ...

The unique experience of a single woman

CASSANDRA BALDINI  |  TUESDAY, 21 MAR 2023
... baby in the future, while others will need to have further rounds. "There is also a yearly storage fee of $500 which is broken up into six-month payments," she says. "On the other hand, women who opt to start a family on their own will also face costs ...

Chalmers' promise to end super wars foiled by criticism

ANDREW MCKEAN  |  THURSDAY, 2 MAR 2023
... reiterated that the doubling of the concessional tax rate for superannuation balances over $3 million was a "supersized broken election promise." In reference to the proposed changes, Taylor also dismissed the notion that only a limited number of people ...

Government to double tax for high super balances

ANDREW MCKEAN  |  TUESDAY, 28 FEB 2023
... in its first year, he said. Though Shadow Treasurer Angus Taylor called the additional taxes to superannuation another broken election promise from the government. The Prime Minister and Treasurer's decision to impose taxes on superannuation is a ...

Whole of portfolio solutions running hot: BlackRock

CHLOE WALKER  |  THURSDAY, 9 FEB 2023
... nimbler with portfolio allocations, and there's probably a new playbook that needs to be used... Correlations have broken down, and bonds and equities have been both falling together. Therefore, the traditional correlations and expectations of markets ...

Australia's 1% just keep getting richer: Study

CHLOE WALKER  |  TUESDAY, 17 JAN 2023
... director of programs Anthea Sprinks said the enormous gains seen by the world's richest people are stark evidence of a broken system. "While ordinary people in Australia and around the world are making daily sacrifices on essentials like food, the super-rich ...
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