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Showing 1081 - 1090 of 1807 results for "Bill 2014"

Super funds urged to include macro-level ESG principles

BEN COLLINS  |  THURSDAY, 9 AUG 2012
Institutional investors are increasingly demanding that Environmental, Social and Governance principles be considered in mandate design - and it needs to be from a macro-level, said Solaris Investment Management. "Several of Solaris' institutional clients ...

MFOs take growth from banks

MELANIE TIMBRELL  |  TUESDAY, 7 AUG 2012
Boutique multi-family offices are outgrowing bank-affiliated organisations worldwide, according to a Bloomberg Markets study. Of the top 10 fastest-growing firms ranked, only HSBC Private Wealth Solutions was part of a big bank with the other nine on ...

Austock seeks liquidity for shareholders who want out

BEN COLLINS  |  TUESDAY, 7 AUG 2012
The Austock Group has announced plans for an on-market buy-back of up to 27 million fully paid ordinary shares, approximately 20% of its total shares on issue. Bill Bessemer, Austock Group chief executive offer, said that the buy-back was to provide ...

CGT relief for super funds backdated

LINDA HAUSKEN  |  MONDAY, 6 AUG 2012
Financial Services and Superannuation Minister, Bill Shorten, has released exposure draft legislation on income tax relief for merging superannuation funds for public comment. The draft legislation takes into account several of the issues raised by ...

No roadblocks to success: Cormann

BEN COLLINS  |  FRIDAY, 3 AUG 2012
Mathias Cormann, Shadow Assistant Treasurer and Shadow Minister for Financial Services and Superannuation, came out swinging yesterday, accusing the Federal government of implementing "chaotic and unpredictable" regulations. Cormann swore a "blood oath ...

Vision for the future

LINDA HAUSKEN  |  THURSDAY, 2 AUG 2012
Financial services minister Bill Shorten said that by 2017, the industry will be unrecognisable, predicting the age of commission-free super and greater convergence of retail and industry super funds. The minister said that within five years, the transition ...

Mariner calls it quits on Austock offer

BEN COLLINS  |  WEDNESDAY, 25 JUL 2012
Mariner Corporation has withdrawn its takeover offer for Austock after a "blatant attempt" to block its bid. In a statement to the Australian Stock Exchange (ASX) yesterday Mariner Corporation said that the sale of the Austock property management business ...

Market Wrap

AAP  |  FRIDAY, 20 JUL 2012
SYDNEY, July 20 AAP - The Australian share market has opened lower, despite a positive lead from Wall Street. At 1010 AEST on Friday, the benchmark S&P/ASX200 index was down 13.8 points at 4,192.9, while the broader All Ordinaries index was down 13 ...

Market Wrap

AAP  |  TUESDAY, 17 JUL 2012
The Australian shares are higher despite falls on Wall Street and European markets overnight. At 1022 AEST on Tuesday, the benchmark S&P/ASX200 index was up 10.1 points, or 0.25 per cent, at 4,1115.2, while the broader All Ordinaries index was up 9.1 ...

Govt targets early release schemes; defers SMSF transfer ban

MELANIE TIMBRELL  |  MONDAY, 16 JUL 2012
Promoters of illegal early release superannuation schemes will face tough penalties as part of the Government's Stronger Super reforms. Minister for superannuation, Bill Shorten, announced the crack down targeting schemes promoted as a means of accessing ...