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Showing 10531 - 10540 of 10710 results for "May 2012"

Afternoon market wrap: Local shares lose ground in late trade

The Australian share market pared earlier gains in the afternoon session, with AMP remaining the major drag on the All Ordinaries. The besieged financial services group ended the day off 40c, at $4.35, after leaked reports of possible compliance breaches ...

Moody's rates Westpac trust preferred securities issue

Moody's Investors Service has assigned a rating of A2 to Westpac Banking Corp's $US750 million issue of trust preferred securities. The outlook for the rating is stable. Moody's said the A2 rating is two notches lower than Westpac's senior debt obligations ...

Federal, State and Territory governments to deal with property hustlers

The Commonwealth, States and Territories have agreed to set up a working party to establish a common regulatory framework to deal with high-pressure property investment marketers. "This is a positive first step by all the parties to effectively tackle ...

Midday market wrap: Australian shares open lower

The Australian share market took the lead from major international bourses Friday, with the All Ordinaries trading almost half a per cent lower in trade Monday morning. At midday the index was down 14.8 points from Friday's close, at 3,111.2. Even relatively ...

Perth man sentenced for insider trading

A Perth company director, Michael John MacDermott, has been sentenced to 18 months jail for each of six counts of insider trading in the shares of Roehampton Resources NL. Additionally the Court imposed a $20,000 fine on the sixth count, which must ...

ASIC obtains undertakings over misleading website

The Australian Securities and Investments Commission (ASIC) has announced it has obtained undertakings from Rural & General Insurance Broking Pty Ltd (Broking), and Rural & General International Insurance Ltd (International) in the Federal Court in ...

Australian banks jostle for pole position in NBNZ race

Despite two major Australian banks falling behind in the race to buy the National Bank of New Zealand (NBNZ), all New Zealand's five major banks may soon be in Australian hands. The field is narrowing in the race NBNZ with the Commonwealth Bank of Australia ...

Retail turnover rises 1.1% in June: ABS

Turnover among Australian retailers and in the hospitality sector rose by 1.1% in June, according to data released today by the Australian Bureau of Statistics (ABS). The level of turnover was also 5.5% than in the corresponding month of 2002, the ABS ...

Midday market wrap: local shares, bonds lower

Broadbased losses pushed the All Ordinaries index lower in morning trade, and following a further retreat in US equity markets overnight. At midday the market barometer had slipped 17.5 points to 3,075.5. Even the resources sector, which has been among ...

FPA mandates degree entry for CFP in 2007

The Financial Planning Association (FPA) has announced that from 1 January 2007, all applicants its Certified Financial Planner (CFP) education program will have to hold a degree to be eligible. The FPA also announced that it would establish a Graduate ...

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Treasury responds to Debelle's review into the AOFM

KARREN VERGARA

Treasury has responded to the Guy Debelle-led review into the Australian Office of Financial Management (AOFM), agreeing to all six recommendations.

Bravura ups guidance, reports earnings increase

RIDDHIMA TALWANI

Bravura Solutions informed investors cost discipline will protect its full year earnings result after a client migrated to a Business Process Outsourcing (BPO) early in the year.

MaxCap hires from Vanguard, AustralianSuper

MATTHEW WAI

MaxCap has welcomed two senior directors, including a portfolio manager from Australia's largest super fund, reporting to the recently named chief executive Kylie Robb.

Zenith snags mandate from Granite Bay

MATTHEW WAI

Granite Bay Private Wealth has selected Zenith Investment Partners to support their investment governance and due diligence.

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When geopolitics becomes a portfolio risk

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Blake Briggs

CHIEF EXECUTIVE OFFICER
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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.

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