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08 May 2014 • By James Mitchell • 1 min read

Bank lobbyist questions FSI scope

The Murray Inquiry should "stop looking for problems" with Australia's financial system, argues Australian Bankers' Association chief executive Steven ...

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Zurich pulls plug on group life

Zurich Financial Services has announced its intention to withdraw from the group life insurance market, citing "extremely challenging conditions"

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Federal Court rebuffs S&P in Lehman case

US-based Standard & Poor’s (S&P) has lost its bid to have a claim brought against it in the Federal Court set aside. Ratings agency S&P ...

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More to ASIC than disclosure, says academic

ASIC’s role as a regulator should go far beyond promoting investor confidence through disclosure and enforcement, argues UNSW professor Dimity ...

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FSC and ISA to clash in Federal Court

The Financial Services Council (FSC) has filed an application in the Federal Court regarding the default fund selection process, with Industry Super ...

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Brogden outlines FSI ‘great concern’

Financial Services Council chief John Brogden has expressed his “great concern” about the Murray Inquiry’s scope and potential outcomes, pointing to a ...

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Super system ‘not sustainable’: Deloitte

The Australian superannuation system is not “sustainable”, with the forecast for the next 20 years showing people retiring with low super balances and ...

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Victoria abolishes life insurance stamp duty

Victorian Treasurer Michael O’Brien has announced that from 1 July 2014, the duty payable on all life insurance products in Victoria will be entirely ...

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Super fund earnings a potential Budget booster

The government should look at the “declining taxation yield from super” and consider how super fund earnings taxes can be increased if it wants to ...

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Institutional trader pays $110,000 penalty

An institutional trading and stock market advisory firm has paid a $110,000 infringement notice penalty following its failure to prevent the entry of ...

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