Search Results

Showing 51 - 60 of 107 results for "payments"

Thorn agrees to ASIC undertaking for refunds, write-offs for goods leases

RACHEL ALEMBAKIS  |  THURSDAY, 25 JAN 2018  |  NEWS
... refunds to customers and write-offs of default fees, plus an additional $13.8 million in customer refunds of excess lease payments. ASIC lodged the undertaking against Thorn because it determined that Thorn contravened responsible lending obligations ...

Increasing financial inclusion could yield increasing revenue to banks: EY

RACHEL ALEMBAKIS  |  THURSDAY, 25 JAN 2018  |  NEWS
... endangering their future growth story because these are the customers of the future." EY notes that mobile adoption and e-payments, national digital identity systems, open access to digital data and currency digitization are all "crucial technology considerations ...

Transparency around tax payments continues to be issue: CAER

RACHEL ALEMBAKIS  |  FRIDAY, 10 NOV 2017  |  NEWS
Disclosure and transparency about tax payments continues to be an issue for global companies, as witnessed by this week's release of the Paradise Papers. The Paradise Papers investigation has sparked a renewed discussion of tax payments and tax minimisation ...

Investec Australia provides development finance to Eco Energy World

RACHEL ALEMBAKIS  |  FRIDAY, 6 OCT 2017  |  NEWS
... utilised to fund late-stage development costs including network studies, grid applications fees and land acquisition payments. "We're a lender in the space, and we've been a player for more than 10 years across the full spectrum of equity demand, so ...

NAB, Life Without Barriers launch social benefit bond

RACHEL ALEMBAKIS  |  FRIDAY, 8 SEP 2017  |  NEWS
... performance in future years." The $8.2 million bond will pay a minimum coupon of 3% per annum over its 6.75 year life. Coupon payments from the third-year onward are dependent upon the performance level for the reduction in frequency of offending, as ...

ASX100 CEO pay remains below 2009 peak: ACSI

RACHEL ALEMBAKIS  |  FRIDAY, 25 AUG 2017  |  NEWS
... board discretion to reduce bonuses. However, we can't help wondering why these executives would have qualified for any payments in first place." The ACSI survey also found that among ASX101-200 CEOs, "the median bonus payment (as a proportion of maximum) ...

Social Ventures Australia launches $7 million Resolve Social Benefit Bond

RACHEL ALEMBAKIS  |  FRIDAY, 23 JUN 2017  |  NEWS
... participants' consumption of health services with that of a control group. The Resolve SBB will pay out % p.a. fixed interest payments over 4.75 years, then performance coupons based on the level of Resolve SBB Trust assets. Termination rights limit ...

UCA Funds Management continues online gambling engagement

RACHEL ALEMBAKIS  |  FRIDAY, 10 FEB 2017  |  NEWS
... Australian Bankers' Association (ABA) made statements supportive of legislation to stop the use of credit card gambling in Payments Compliance news. "This restriction would have to be done using technology through the card schemes system so the restrictions ...

Bribery and corruption cited as sustainability engagement theme for 2017

RACHEL ALEMBAKIS  |  FRIDAY, 27 JAN 2017  |  NEWS
... director at Regnan - Governance Research & Engagement cited recent news stories about allegations that Rio Tinto allowed payments of $US10.5 million to be made to a consultant providing advisory services on the Simandou iron ore project in Guinea, and ...

UCA Funds Management adds Nine Entertainment Company to exclusions

RACHEL ALEMBAKIS  |  FRIDAY, 23 SEP 2016  |  NEWS
... online activities, which can quickly rack up debt for financially vulnerable people. "Our engagement focus is on the payments system and the major banks," Walsh said. "They're two interrelated issues here - the fact that online betting companies have ...