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Showing 1111 - 1120 of 1832 results for "Bill 2014"

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Mariner Corporation has withdrawn its takeover offer for Austock after a "blatant attempt" to block its bid.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 ...

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 ...