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Showing 10451 - 10460 of 18276 results for "Plan"

Wealth down as ANZ posts $4.5bn profit

MELANIE TIMBRELL  |  FRIDAY, 17 AUG 2012
ANZ has posted unaudited underlying profit for the nine-month period to June 30 of $4.5bn, a rise of 5.5% on the prior corresponding period, driven by increases in income across divisions, with wealth the notable exception. Cash profit for the June ...

Life readies for new cap increases

BEN COLLINS  |  FRIDAY, 17 AUG 2012
Insurers are preparing for the impact of the Life and General Insurance Capital (LAGIC) reforms, increasing their capital reserves. Challenger yesterday revealed that the Australian Prudential Regulation Authority (APRA) had proposed transition arrangements ...

Greens plan to fell Westpac-backed logging

MELANIE TIMBRELL  |  FRIDAY, 17 AUG 2012
Greens senator Lee Rhiannon yesterday moved a motion calling on the Government to get involved in the debate over Westpac's financial backing of logging operations in the Solomon Islands. Earlier this week Westpac was identified as the guarantor of ...

ACSI lends weight to ASX plan for rights issues

MELANIE TIMBRELL  |  THURSDAY, 16 AUG 2012
The Australian Council of Superannuation Investors (ACSI) supports an ASX proposal to reduce the timetable for rights issues to 16 days. The ASX consultation on modernising the timetable for rights issues would see 10 days sliced off the current standard ...

Macquarie focuses on independents with Visor

MELANIE TIMBRELL  |  THURSDAY, 16 AUG 2012
Macquarie has renamed its financial planning software for independent advisers Visor, following last week's sale of the COIN business to Rubik. The sale saw the business divided into two software offerings. While Rubik Financial will service the institutional ...

Shareholders force RE change

BEN COLLINS  |  THURSDAY, 16 AUG 2012
Shareholders with around 10% of issued capital in the direct property investor, 360 Capital Industrial Fund, are attempting to replace the responsible entity. The group of investors is seeking to have 360 Capital RE limited replaced with Denison Funds ...

Bad news sells

BENJAMIN ONG  |  THURSDAY, 16 AUG 2012
Don't bother reading today about what Wall Street did last night - it didn't. 'Twas another DD (dull day) folks. Nothing new -- just that what's now become a too familiar refrain of investors fearing slowing global growth counterbalanced by hope that ...

New AFS CEO

BEN COLLINS  |  WEDNESDAY, 15 AUG 2012
... for unfair dismissal. Daley said he was suddenly forced out despite a satisfactory track record, and a budget and business plan approved the board of directors. He also said that downsizing plans at AFS had been discussed in the weeks before his departure. ...

Vision Super issues shortfall liability notices

MELANIE TIMBRELL  |  WEDNESDAY, 15 AUG 2012
... state WorkCover premiums, in addition to having the scheme return to an exempt public sector superannuation scheme. The DB Plan was an exempt public sector superannuation scheme until 1998, when it was transferred to the Commonwealth regulated system. ...

Mariners bid underdone

BEN COLLINS  |  TUESDAY, 14 AUG 2012
Mariner Corporation was this morning considering an appeal, after the Takeovers Panel ruled that it couldn't count on the funding for its proposed bid for Austock. Darren Olney-Fraser, Mariner CEO, was unable to confirm the appeal, but said a meeting ...