Treasury profits down 57pc but positive outlookBY MICHAEL HOBBS | FRIDAY, 28 AUG 2009 11:15AMTreasury Group's normalised profit for the past financial year fell by 57 per cent to $7.5 million as funds under management dropped more than 12 per cent to $10 billion. |
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Corporate, governance issues fuel whistleblower tipoffs: ASIC
|The corporate regulator received nearly 2000 tip offs from whistleblowers in the last financial year, a whopping 183% jump annually, the majority of which relate to corporate and governance issues.
Platinum awards mandate, changes fund name
|Platinum Asset Management has awarded a mandate to a US-based investment manager to oversee investment capabilities in a 20-year-old fund, simultaneously altering the name to reflect the update.
Workplace mental ill-health can cost Australia $27bn: Report
|Workplace mental health issues are directly costing the Australian economy $12 billion per annum in lost gross domestic product (GDP), with the cost set to rise by more than 125% over the next 15 years in excess of $27 billion a year.
ASX turns up heat on Clime Capital following KPMG scrutiny
|The ASX has also raised concerns over Clime Capital's valuation of its unlisted assets portfolio and the qualified opinion that was eventually handed down by its auditor KPMG.
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Featured Profile
David Sharpe
CHAIRMAN
FINANCIAL ADVICE ASSOCIATION AUSTRALIA
FINANCIAL ADVICE ASSOCIATION AUSTRALIA
A family man, business owner, cricket fanatic and financial adviser, David Sharpe has many facets. One of his biggest legacies, as he steps down as chair of the Financial Advice Association Australia, is leaving the profession stronger than he found it.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
