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Showing 91 - 100 of 101 results for %22Debt Action Plan%22

Funny Mae, Froggy Mac

BENJAMIN ONG  |  TUESDAY, 9 SEP 2008
... delinquency rates rising and repossessions multiplying, the Treasury could ultimately be left with the hot potato - toxic debt - in its hands. CEOs of both companies have been replaced. Mr. Herb Alison, former Vice-Chairman of Merrill Lynch was named ...

Market Jitters Redux

BENJAMIN ONG  |  TUESDAY, 15 JUL 2008
... companies. Their support for the housing market is particularly important as we work through the current housing correction. GSE debt is held by financial institutions around the world. Its continued strength is important to maintaining confidence and ...

AMP gives free advice to Salvos

MICHAEL HOBBS  |  WEDNESDAY, 30 APR 2008
... and confidential service provided for predominantly low-income earners who are having trouble paying debts, facing legal action on those debts or having problems budgeting. Northside Women's Service is a confidential service for female victims of domestic ...

Super fund repays financial assistance

... fund by the Commonwealth Government under the Superannuation Industry (Supervision) Act (the SIS Act). The settlement of the debt marks the first time an amount payable of its kind has been refunded. The grant was initially given to the fund under the ...

ATO calls on SMSF trustees to get it right

... be a trustee of any superannuation fund. The ATO says there have been cases where the funds of an SMSF have been seized in debt proceedings relating to the trustee as the assets were not marked as belong to the fund. ATO deputy commissioner for superannuation ...

New look DKN confirms rosy future

... today that is has a war chest of approximately $6 million of cash that can be used for acquisitions without incurring any debt.

Regulators act to stamp out illegal early access to super

... investors of schemes that falsely claim to be able to deliver superannuation entitlements ahead of retirement to pay off debt or meet everyday expenses. "We are concerned that people's hard-earned retirement savings could end up in the pockets of these ...

Fitch assigns senior unsecured rating of A-minus to PBL

AAP  |  MONDAY, 21 JUN 2004
... Burswood, the owner of the Burswood Casino in Perth. PBL's rating outlook is stable. About $2 billion of senior unsecured debt was affected by this action, Fitch said. Fitch said Burswood was a similar asset to PBL's Crown Casino complex in Melbourne ...

Judicial advice to be sought on AMP Income Securities

... securities would be repayable at face value."AMP post demerger will be a well-capitalised, investment grade issuer. Pro-forma debt levels of A$2.6 billion as at June 2003 are likely to fall significantly over the medium term as a result of the use of ...

S&P leaves POF ratings on CreditWatch

WITH AAP  |  THURSDAY, 14 AUG 2003
... of seven IPG securities and $5.70 cash for each 12 POF units expires on 25 August. "The future rating of POF and related debt issues will track the credit worthiness of IPG," S&P said. The ratings agency said it would seek to meet with IPG's management ...