Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1001 - 1010 of 1954 results for "Default"

US bond market says not yet

BENJAMIN ONG  |  MONDAY, 4 AUG 2014
Is this it? Is this the beginning of the end? The start of that big one - the correction - that many have been talkin' 'bout, at the very least, since 2013 became 2014? Perhaps... maybe... possibly. For Houston, we have a problem! Oh sorry Houston ...

Market Wrap AM

AAP  |  MONDAY, 4 AUG 2014
... extended their declines with investors still concerned over conflicts in the Middle East and Ukraine and Argentina's debt default. At 0802 AEST on Monday, the September share price index futures contract was down 26 points at 5,473. Locally, in economic ...

Market wrap

AAP  |  FRIDAY, 1 AUG 2014
... per cent lower to 6,730.11. The falls were triggered by various factors including weak eurozone data, the Argentine debt default and disappointing US corporate earnings. Australian stocks had followed the trend, but could get a lift from expected positive ...

Market Wrap AM

AAP  |  FRIDAY, 1 AUG 2014
... points at 5,517. International markets plummeted on a range of factors, including weak eurozone data, the Argentine debt default and disappointing US corporate earnings. The Dow Jones Industrial Average tumbled 1.88 per cent, Frankfurt's main DAX index ...

Market Wrap PM

AAP  |  THURSDAY, 31 JUL 2014
The Australian share market is slightly lower, as investors digest the impact of Argentina's debt default and US and European Union sanctions against Russia. IG market strategist Stan Shamu said the market was relatively quiet as it tried to balance ...

Default pensions 'very logical' solution: Brogden

JAMES FERNYHOUGH  |  THURSDAY, 31 JUL 2014
A MySuper-style default retirement product could be "a very logical" way to encourage retirees to take income streams rather than lump sums, according to Financial Services Council (FSC) chief executive John Brogden. Brogden's comments came in response ...

Drastically limit number of default funds: Grattan CEO

JAMES FERNYHOUGH  |  WEDNESDAY, 30 JUL 2014
The government should limit the number of superannuation funds providing default super to around five if it wants to reduce fees, according to Grattan Institute chief executive John Daley. Speaking at a superannuation roundtable hosted by Bravura Solutions ...

Brogden rejects cross-selling enticement fears

JAMES FERNYHOUGH  |  TUESDAY, 29 JUL 2014
... provisions which prohibit superannuation funds and related entities from offering enticements to employers when selecting default funds." "This applies just as much to retail funds as it does to union-owned industry funds. The best outcome for consumers ...

NAB sells $1bn worth of UK property loans

JAMES FERNYHOUGH  |  TUESDAY, 29 JUL 2014
... portfolio, reducing the gross loans balance by 20% to A£2.38 billion. It said the sale of the loans, which are either in default, passed maturity or near maturity, would result in a "small gain above net book value" and release around A£127 million ...

Abetz backed FSC in case against FWC, Federal Court reveals

JAMES FERNYHOUGH  |  MONDAY, 28 JUL 2014
... Panel from further dealing with the matter at all." Nevertheless, the Fair Work Commission has suspended its review of default funds until a replacement expert has been appointed. This is in the hands of Abetz, who indicated in June that the process ...