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Showing 1091 - 1100 of 1832 results for "Bill 2014"

Treasury seeks to boost APRA powers

MELANIE TIMBRELL  |  THURSDAY, 13 SEP 2012
Proposed new changes from Treasury would see the prudential regulator awarded pre-emptive powers to remove trustees, directors or officers of a superannuation fund where a breach of law was anticipated. The move was part of a broad-reaching consultation ...

Mid-level PE an outstanding opportunity

BEN COLLINS  |  THURSDAY, 13 SEP 2012
This year will be an excellent vintage for private equity investments, said former Hyperion Asset Management founder and managing director, Dr Manny Pohl. Outstanding opportunities exist at the mid-level of the market, said Pohl, whose new private equity ...

Altius: Role of fixed interest hazy

LINDA HAUSKEN  |  TUESDAY, 11 SEP 2012
Australian investors do not fully understand the role and benefits of fixed interest in a portfolio because of the statistical and complex nature of this asset class, according to an industry expert. There is increasing evidence that many investors ...

Gonski calls for NFP director liability review

MELANIE TIMBRELL  |  WEDNESDAY, 5 SEP 2012
A safe-harbour provision for board directors of not for profit organisations should be of prime concern for the Australian Charities and Not-for-profits Commission (ACNC), David Gonski told an industry event yesterday. Speaking at Philanthropy Australia's ...

Asset Super and CareSuper merger set for October

MELANIE TIMBRELL  |  MONDAY, 3 SEP 2012
After a year of delays, industry super funds Asset Super and CareSuper said Friday they would merge on October 26 this year. The boards of the two funds agreed to in-principle support for the merger in September last year subject to due diligence, although ...

Market Wrap

AAP  |  FRIDAY, 31 AUG 2012
Australian stocks have opened firmer amid broad-based gains as local market players looked past a poor night on Wall Street. At 1031 AEST on Friday, the benchmark S&P/ASX200 index was up 12.6 points, or 0.29 per cent, at 4,328.3 points, while the broader ...

Passing of IMR bill to attract foreign investors: Shorten

BEN COLLINS  |  FRIDAY, 24 AUG 2012
Australia's financial services industry will benefit from a tax law amendment, which removes uncertainty that had been a barrier to overseas investment, said Bill Shorten, minister for financial services and superannuation. Amendments to the Investment ...

MySuper flipping ban passes lower house

BEN COLLINS  |  THURSDAY, 23 AUG 2012
Tranche one of the Federal Government's MySuper legislation has passed through the House of Representatives, with some last-minute amendments. A push by Greens deputy leader and employment spokesperson Adam Bandt to stop employers gouging additional ...

Shorten reins in employer involvement in default super

MELANIE TIMBRELL  |  THURSDAY, 23 AUG 2012
Minister for Financial Services Bill Shorten has been accused of 'gazumping' the Productivity Commission inquiry into default super by moving to head off options that would give employers more choice in fund selection. The Minister yesterday pointed ...

No change - no mas, no less

BENJAMIN ONG  |  WEDNESDAY, 22 AUG 2012
If you have something better to do today do that, rather than expending your time reading what took place in financial markets overnight. It was more of the same -- the exact same suspenseful, seemingly endless wait for policymakers to deliver what ...