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

Search Results

Showing 10311 - 10320 of 10717 results for "May 1997"

No licence, no business: ASIC

Businesses who fail to meet the March 10 deadline for Australian financial services (AFS) licenses will face charges if they continue to operate, the Australian Securities and Investments Commission (ASIC) has said. ASIC said it approximately 900 applications ...

"Shocking" AFS applicants may miss out: ASIC

With only two months until the Australian Financial Services (AFS) licence deadline on March 10, the Australian Securities and Investment Commission (ASIC) has called on applicants to be more responsive to its requests for accurate information. ASIC ...

Revalued FX portfolio could reveal $600 million loss: NAB

AAP  |  TUESDAY, 20 JAN 2004
A revaluation of National Australia Bank Ltd's foreign exchange portfolio after a series of rogue trades may reveal losses of up to $600 million, chief executive Frank Cicutto said today. Embattled NAB extended its foreign currency lost by $5 million ...

NAB confirmed FX trading loss at $185 million

AAP  |  MONDAY, 19 JAN 2004
National Australia Bank Ltd today confirmed the pre-tax loss on the unauthorised foreign exchange trading is $185 million. The bank said its revaluation of its foreign exchange portfolio may mean a "low probability" of a loss of up to $600 million. ...

Economy continues to boom, but may start to slow: Access

AAP  |  MONDAY, 19 JAN 2004
The Australian economy will continue to shine through 2004 but may start to lose some of its gloss by next year, a leading economic forecaster predicts. In its latest Five-year Business Outlook, Access Economics predicts the end of the drought and a ...

Colonial First State platform passes $5 billion mark

Colonial First State (CFS) has announced its FirstChoice platform has exceeded $5 billion in funds under administration, since its launch in May 2002. A spokesperson said the platform increased by about $1 billion every three months and a significant ...

SelectingSuper releases 2003-04 benchmark fee survey

There is no clear relationship between overall super fund investment returns and total fees, the 2003-04 super fund benchmark fee survey, conducted by SelectingSuper, has found. However the survey did reveal a 1.5 per cent average in super fees across ...

Afternoon Market Wrap: Domestic market finishes down after busy day

The Australian share market ran out of steam today to finish in negative territory after a futures-related billion dollar-buying spree spurred the market at the opening of trading. The benchmark S&P/ASX 200 index lost 7.3 points to 3224.1 while the ...

Midday Market Wrap: AMP dominates local trade in lethargic market

WITH AAP  |  THURSDAY, 18 DEC 2003
The Australian share market at noon remained in positive territory after a slightly stronger US market overnight, with local trading dominated by the newly demerged AMP Ltd. AMP was trading at $4.79 as it began its life free of its ailing British businesses. ...

ASIC grants AFSL exemption to financial counselling agencies

The Australian Securities and Investments Commission (ASIC) has announced it has granted conditional relief from the Australian Financial Services (AFS) licensing requirements to financial counselling agencies that provide financial product advice. ...