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-
ESG factors now a standard
Funds managementESG is now a core focus for asset owners, asset managers, consultants, and banks, according to FTSE Russell. -
Low rates unable to offset high mortgage costs
NewsThe September quarter saw a decline in housing affordability nationally and the continuation of a decline in first home buyers. -
Vision Super recovers $5m in lost super
SuperannuationOver 200 Vision Super members have been reunited with their lost superannuation earnings in the last quarter. -
Industry divided on single EDR scheme
Policy & regulationsWhile the Government and FOS have supported the single ombudsman scheme, the CIO has rejected the recommendation by calling it ‘vexing’. -
Should advisers get whistle-blower protection?
Policy & regulationsASIC has recommended that certain types of advisers should be covered by whistle-blower protections. -
Super contributions loophole hurts average earners
SuperannuationThe legal loophole that allowed employers to pocket benefits of salary sacrifice super contributions hurts average earners, according to Industry Super Australia. -
Blame the insurers not the advisers says AIOFP
Insurance & propertyParliamentarians need to understand that the major life insurers, not advisers, set and control the dynamics of the life insurance industry, according to the AIOFP. -
Wall St posts moderate gains, Australian economy set to shrink
via abc.net.auUS stocks edge higher in a volatile session as investors look to next week's likely US rate rise, while Australia is poised for a quarter where the economy probably shrank. -
Political donations top $1b thanks to big business donors
via abc.net.auDeclared donations and payments to Australian political parties is about to top $1 billion, a new analysis of data shows, revealing the property industry has been the most generous since returns have been published. -
Claims donor laws corrupt as political donations near $1 billion
via abc.net.auDeclared donations and payments to Australian political parties are about to top $1 billion, a new analysis of data shows, revealing the property industry has been the most generous since returns have been published. -
'I didn't like who I was': Bank staff paid bonuses to hard-sell products
via abc.net.auWorkers at some of Australia's biggest banks accuse the industry of having an aggressive sales culture which rewards bad behaviour and can have devastating consequences for consumers. -
Anti-mining tax ad yanked amid row with Busselton Mayor
via abc.net.auThe Chamber of Minerals and Energy pulls an anti-mining tax television advertisement after one of the participants complained he was misrepresented. -
'It's not critical': Adani claim for federal loan in question after admission
via abc.net.auQuestions are being asked about whether mining giant Adani's proposed rail link in north Queensland is eligible for public financing, after a company spokesman admitted federal support is not critical to its construction. -
Energy Minister 'irresponsible' over Basslink cable remarks
via abc.net.auBasslink claims the Tasmanian Government's rejection of its Bass Strait cable failure explanation is "misinformed", and the Energy Minister is either "misadvised or he's a part-time international cable expert". -
Multi-million-dollar Ipswich CBD redevelopment unveiled
via abc.net.auFinals plans for a multi-million-dollar redevelopment of the Ipswich CBD, west of Brisbane, unveiled to include a new library, council administration building and large water play area. -
Govt signals support for single EDR scheme
Financial planningThe Government has signalled its support for the recommendations of the special panel reviewing financial services external dispute resolution for a single body amalgamating the FOS, the CIO and the SCT. -
RBA leaves interest rates on hold
via abc.net.auThe Reserve Bank of Australia leaves interest rates on hold at an historic low of 1.5 per cent as widely expected. -
Financial planning firm agrees to external compliance review
Financial planningBrisbane financial planning firm, Carwardine Financial Services, has agreed to undergo an independent external review of its compliance following ASIC surveillance. -
ASIC concludes Lionsgate monitoring
Financial planningASIC has concluded monitoring dealer group, Lionsgate Financial Group after it imposed additional conditions on the firm’s AFSL in 2013 for failure to ensure its advisers complied with the laws. -
Current account deficit narrows sharply but exports continue to drag on GDP
via abc.net.auAustralia's current account deficit narrows sharply thanks to surging coal and iron ore prices. -
Industrial Court prosecutions criticised in case of cleaner who fell from plane
via abc.net.auThe ACT Chief Magistrate lashes out over Industrial Court prosecutions saying they are plagued with a lack of diligence, as she considers whether to dismiss a case about a man who fell from the door of a plane he was cleaning. -
Queensland-first workforce promised for Carmichael mine
via abc.net.auWorkers for Adani's mega coal mine will be sourced from regional Queensland, with the Indian giant's chairman agreeing not to use foreign workers on 457 visas. -
'We meant a small t': Government backs away from banking tribunal
via abc.net.auThe Government is backing away from its commitment to establish a banking tribunal, insisting it was only talking about a "small 't' tribunal" when it floated the idea in October. -
Origin to spin off conventional gas assets to cut debt
via abc.net.auOrigin Energy has taken advantage of the upturn in oil prices to spin off its conventional oil and gas assets and cut the massive debt that has been weighing heavily on the company's share price. -
Deputy Prime Minister backs refugee resettlement in regional Australia
via abc.net.auDeputy Prime Minister Barnaby Joyce supports the rollout of more refugee programs in regional areas. -
Adani protests ahead of Premier's meeting with chairman
via abc.net.auAlmost 200 people take to the street in Townsville to protest what will be Australia's largest coal mine, ahead of a meeting today between the Premier and Indian mining giant Adani.
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