Tax cuts will trigger rates hike: EconomistsBY KATE HAGE | WEDNESDAY, 5 APR 2006 11:58AMThe Reserve Bank of Australia (RBA) left interest rates on hold for the 13th month in a row, but Access Economics tips that rates will go north following any possible tax cuts in in May's budget announcement. |
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ASIC boasts $830m record civil penalties
|ASIC has scored a whopping $830 million in civil penalty orders in the last financial year alone, a Freedom of Information (FOI) request revealed.
Infinity AM wins SMID fund mandate
|Viridian Financial Group's Infinity Asset Management won a mandate to oversee a small to mid-capitalisation fund that was previously under the remit of Renaissance Asset Management.
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|An innovative financial product, known as perpetual futures contract (perps), are currently under the scope of the market regulator, spreading concerns that the "speculative" product may be unlawfully distributed towards retail investors.
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Featured Profile
Blake Briggs
CHIEF EXECUTIVE OFFICER
FINANCIAL SERVICES COUNCIL
FINANCIAL SERVICES COUNCIL
Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.
