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17 February 2022 • By Neil Griffiths • 1 min read

Federal Court imposes $20m penalty on Aware FS

The company has been ordered to pay the penalty by the Federal Court. On Thursday (17 February) ASIC confirmed that Aware, then StatePlu, has been ...

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‘Governments must make tough policy decisions in 2022’

A think tank says governments will need to make tough policy decision in 2022 to drive economic momentum. Committee for Economic Development of ...

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CSLR model won’t protect investors, FPA says

The FPA is concerned the government’s proposed CSLR model won’t provide adequate protection for Australian investors and financial planners

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RBA to lag the Fed, but a rate hike in Q3 is ‘likely’

The RBA is likely to begin hiking the cash rate in the third quarter, an expert has predicted.  The HSBC expects the Reserve Bank of Australia to ...

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ESG and crypto amongst top priorities for ASIC in 2022

The corporate regulator chair has outlined its biggest areas of focus this year. Addressing the parliamentary joint committee on Friday (11 ...

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US inflation spike surprises governor Lowe

US high inflation has come as a surprise to governor Philip Lowe. US inflation has hit a 40-year high after food, electricity, and shelter ...

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Legislation paves way for new export opportunities for fund managers

The corporate collective investment vehicle and the retirement income covenant have sailed through Parliament.  Following bipartisan support, ...

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Tribunal upholds ban for former Provident director

The Administrative Appeals Tribunal (AAT) has upheld a ban and disqualification imposed by the ASIC on a former director in 2015. On Monday, (7 ...

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RBA forecasts inflation peak in June

Inflation is forecast to peak at 3.75 per cent in June. The Reserve Bank of Australia (RBA) has predicted CPI inflation to peak at 3.75 per cent in ...

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Bipartisan support for CCIV confirmed

The FSC has been advocating for the introduction of the CCIV for years. A Senate inquiry report has confirmed bipartisan support for the corporate ...

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