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Showing 1091 - 1100 of 1807 results for "Bill 2014"

Mariner lodges TO panel complaint

BEN COLLINS  |  MONDAY, 16 JUL 2012
Mariner Corporation has gone to the Takeovers Panel to try and stop the sale of Austock's property business. Austock last week announced plans for an $11 million sale of Austock Property Funds Management and its related entities to Folkestone Limited ...

Austock sells PFM to Folkstone

BEN COLLINS  |  TUESDAY, 10 JUL 2012
Austock Funds Management has reached an agreement to sell its Property Funds Management business to Folkstone Limited, leaving Mariner Corporation's takeover bid in doubt. Darren Olney-Fraser, Mariner chief executive officer, told Financial Standard ...

Austock bid on ice

BEN COLLINS  |  FRIDAY, 6 JUL 2012
A trading halt placed on the Austock Group may impact Mariner Corporation's takeover bid for the company. The trading halt followed reports that Austock chief executive Bill Bessemer was in talks with Folkestone Limited about a joint venture to run ...

Trio fraud victims demand compensation

ALEX DUNNIN  |  THURSDAY, 5 JUL 2012
A group of Trio fraud victims is meeting with Bill Shorten, minister for superannuation and financial services, to demand that they be compensated for their losses just as members of regular super funds were compensated. John Telford, secretary of the ...

$2.8bn in lost super found

LINDA HAUSKEN  |  WEDNESDAY, 4 JUL 2012
The federal government's initiative to reduce lost super appears to be working with the total amount of missing retirement savings now at $17.4bn, a 14% fall from the previously reported total of $20.2 billion. Bill Shorten, minister for financial services ...

Market Wrap

AAP  |  WEDNESDAY, 4 JUL 2012
The Australian sharemarket has opened more than three quarters of a per cent higher, following strong leads on Wall Street. At 1017 AEST on Wednesday, the benchmark S&P/ASX200 index was up 31.6 points, or 0.77 per cent, at 4,158.8, while the broader ...

Former Ansett workers get $16m super payback

LINDA HAUSKEN  |  MONDAY, 2 JUL 2012
A decade after the collapse of Ansett, Australia's second largest airline at the time, former workers have finally been paid $16 million in super entitlements. Ten years ago the airline's 11,000 workers had their superannuation entitlements frozen after ...

Mariner revises Austock offer

MELANIE TIMBRELL  |  MONDAY, 2 JUL 2012
Mariner Corporation has revised the conditions of its intended takeover of Austock Group, including a small rise in bid price for shareholders. On June 25 Mariner announced an intention to purchase all shares in Austock at 10.5 cents per share. Shareholders ...

Wins and losses in PC default super report

ALEX DUNNIN  |  FRIDAY, 29 JUN 2012
The Productivity Commission has handed down its draft report on default superannuation funds, and while its recommendations were predictable, they represent big wins and yet severe threats for both sides of the industry. The inquiry was called in 2009 ...

AGEST merger put on hold

BEN COLLINS  |  FRIDAY, 29 JUN 2012
AGEST Super has put its merger with AustralianSuper on hold until after December when a deferral of capital gains tax becomes legislation. The legislation will extend capital gains tax (CGT) rollover relief until 2017 for superannuation funds that will ...