The song remains the sameBY BENJAMIN ONG | FRIDAY, 9 NOV 2012 9:40AMThe big macro events of this week hasn't changed one iota of the future. It was status quo all around. |
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ASIC cancels AFSL of Australian Fiduciaries
|ASIC has cancelled the Australian financial services licence (AFSL) of Queensland-based Australian Fiduciaries, which is currently in liquidation.
Treasury expects regulators to do the heavy lifting
|Treasury has released new Statements of Expectations for APRA and ASIC, with an emphasis on how the regulators should promote a more sustainable and secured financial ecosystem.
NGS Super names head of strategy
|NGS Super has appointed the former ASFA chair as head of strategy, as the fund aims to strengthen its retirement offering.
SS&C axes jobs, shifts roles offshore
|US software services giant SS&C Technologies has slashed 170 Australian roles in the operations, technology and delivery teams.
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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.
I have heard from a number of Independant Economists that the US would slow by as much as 3 to 4% sending the US into a deep recession if Congress fails to prevent the measures from kicking in!! That seems a huge difference to 0.5%. I would have thought that $1.2 trillion in spending cuts and tax increases would affect there economy more than by 0.5%. What are your thoughts?