Powered by MOMENTUM MEDIA
lawyers weekly logo
Advertisement

News

26 September 2023 • By • 1 min read

ANZ fined $15m for misleading customers

The bank has admitted to misleading its customers about the funds available to them. On Tuesday, the Federal Court ordered ANZ to pay a $15 million ...

READ MORE
icon

Regulators’ China economic alarm rings, fund managers savour optimism

A sharp slowdown in China is worrying the Council of Financial Regulators. In its latest quarterly statement issued late last week, the Council of ...

READ MORE
icon

Could rising petrol prices prompt another RBA rate hike?

The risks are tilted towards another rate hike in the upcoming months. The minutes from the recent Reserve Bank of Australia (RBA) meeting ...

READ MORE
icon

Asset manager says Aussie companies have slim odds of achieving net zero

An investment manager has suggested that the likelihood of companies in the Australian stock market achieving their climate targets is “worryingly ...

READ MORE
icon

Nanuk hires business development consultant

The sustainable investment specialist has added to its distribution team. Nanuk Asset Management has announced the appointment of Rory Irvine as a ...

READ MORE
icon

One of country’s last remaining corporate funds seeks merger partner

As well as being among the last remaining, it is also one of Australia’s largest corporate funds. Qantas Super announced on Monday it is seeking a ...

READ MORE
icon

Aussie consumers to determine the fate of the economy

The RBA may have already pushed too far, says a fund manager. Adam Scully, senior portfolio manager at Alexander Funds Management, is worried the ...

READ MORE
icon

‘Massive turnaround’ as tax revenue drives $22bn budget surplus

The federal government is celebrating the first budget surplus in 15 years, but another surplus is not anticipated in the current financial year, ...

READ MORE
icon

Treasurer working through ‘handful of issues’ from RBA review

While the government has agreed in-principle with all of the RBA review’s recommendations, a number of issues still need to be ironed out

READ MORE
icon

NAB’s $2.1m fine seen as inadequate by judge

The penalty is unlikely to have any real impact on the bank’s future conduct, according to a Federal Court judge. A Federal Court judge who handed ...

READ MORE