Search ResultsShowing 1 - 10 of 100+ results for Eliza Bavin
Regulation costly, time consuming: CSIRO
ELIZA BAVIN  |  FRIDAY, 17 JAN 2020
The CSIRO has recommended a more lenient approach to regulation in the corporate world in a submission to the Senate Select Committee on Financial Technology and Regulatory Technology. The science body noted that Australia's strong regulatory environment ...
New fund invests $45m in SA
ELIZA BAVIN  |  FRIDAY, 17 JAN 2020
A new fund has invested $45 million into the South Australian health and biotech industries. The Chinese fund has invested the money to accelerate the development and commercialization of health and medical research outcomes from South Australia. The ...
ASIC increases levy costs
ELIZA BAVIN  |  THURSDAY, 16 JAN 2020
The Australian Securities and Investment Commission has hiked the levies owed by superannuation trustees, up over 22% from what the regulator estimated in March 2019. ASIC had published the indicative levies for superannuation trustees as a minimum ...
Goldman Sachs $1b corruption bill
ELIZA BAVIN  |  THURSDAY, 16 JAN 2020
Goldman Sachs has taken a fresh US$1 billion blow to its quarterly profit, as the bank foots the litigation bill for its involvement in the ongoing 1MDB corruption scandal. The US-based bank posted quarterly revenue of US$9.96 billion, beating expectations ...
Insurers halt sales to fire-affected areas
ELIZA BAVIN  |  WEDNESDAY, 15 JAN 2020
Two of the nation's largest insurers have temporarily halted sales of insurance policies to fire-affected areas in New South Wales and Victoria. Suncorp and IAG have put a temporary embargo on areas across both states in a move to stop people from panic-buying ...
GAM partners with SimCorp
ELIZA BAVIN  |  WEDNESDAY, 15 JAN 2020
GAM Investments has signed a new long term licence agreement with investment management solutions provider SimCorp. The global asset manager will partner with SimCorp to consolidate its external front and middle office systems on to a single platform. ...
Dixon cuts US property fund value
ELIZA BAVIN  |  TUESDAY, 14 JAN 2020
Dixon Advisory has slashed the value of its US property fund by 30%, in yet another blow to the wealth management firm. The responsible entity for the US Masters Residential Property Fund (URF), Walsh & Company, blamed general weakness in the New York ...
ASIC confirms SMSF negative returns
ELIZA BAVIN  |  TUESDAY, 14 JAN 2020
The Australian Securities and Investment Commission has told the House of Representatives Standing Committee on Economics that SMSF's below $200,000 have a negative return on assets. Providing the most recent data from the ATO, ASIC answered the question ...
UniSuper on climate chopping block
ELIZA BAVIN  |  MONDAY, 13 JAN 2020
Market Forces has put UniSuper on the chopping block in a divestment campaign aimed at pressuring the fund to ditch shares in fossil fuel companies. "UniSuper does not have fund-wide exclusions on fossil fuel investments of any kind. Instead, it claims ...
Free advice for bushfire victims
ELIZA BAVIN  |  MONDAY, 13 JAN 2020
AMP has announced it will provide free financial advice to Australians who have suffered from the current bushfires. AMP said it has partnered with its advisers to offer the pro-bono service which includes general and personal advice and is available ...
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