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Showing 11911 - 11920 of 17967 results for "Bank"

Market Wrap - Midday

AAP  |  TUESDAY, 1 MAR 2011
The Australian dollar was higher on Tuesday, as the market waits on the results of the central bank's board meeting later in the day. At 1200 AEDT on Tuesday, the local unit was trading at 101.93 US cents, up from 101.75 cents on Monday. Since 0700 ...

ASIC brings charges against Opes Prime chief

ELISE BURGESS  |  TUESDAY, 1 MAR 2011
... of these companies, with the regulator alleging that on 20 March 2008, Opes Prime directors signed documentation with ANZ Bank, gaining a term loan for Opes Prime Stockbroking and its parent company, Opes Prime Group, pledging the companies' assets as ...

Super industry warned of hack attacks

ALISON BEVEGE  |  TUESDAY, 1 MAR 2011
One of Australia's top fraud cops has warned that the wealth-management industry is a sitting duck for cyber crime and must take steps to safeguard itself against future attack. Detective-Inspector Bruce van der Graaf of the NSW Police Fraud Squad shocked ...

Market Wrap - Morning

AAP  |  TUESDAY, 1 MAR 2011
... AEDT, the March share price index futures contract was 20 points higher at 4,846. In economics news on Tuesday, the Reserve Bank of Australia (RBA) holds its monthly board meeting to consider, inter alia, the official interest rate, with a decision to ...

Alphinity grows new business

ALISON BEVEGE  |  MONDAY, 28 FEB 2011
New funds management firm Alphinity Investment Management has enjoyed a flying start after taking over two Challenger products late last year. The Alphinity Concentrated Australian Share Fund, formerly known as the Challenger Select Australian Share ...

New rules on bank liquidity clarified

ALISON BEVEGE  |  MONDAY, 28 FEB 2011
... with the highest level of security and liquidity. APRA has defined level one assets as: cash, balances held with the Reserve Bank of Australia (RBA), and Commonwealth Government and semi-government securities - otherwise known as bonds. As yet APRA has ...

Market Wrap

AAP  |  FRIDAY, 25 FEB 2011
... 2.12 per cent, at $10.10. In banking, NAB was down five cents at $25.75, Westpac was off three cents at $23.45, Commonwealth Bank had lost 34 cents to $52.39 and ANZ was four cents lower at $24.04. Woolworths reported an increase in first half profit ...

ATO shifts gears on SMSF regos

MATT WOODINGTON  |  FRIDAY, 25 FEB 2011
... assessable income of the fund'. "You need to look at a two-step process. The contribution needs to go into the trustees' bank account and then into the super fund to ensure it's not a concessional contribution. If it comes direct from someone else, it ...

Market Wrap

AAP  |  THURSDAY, 24 FEB 2011
... 76 cents lower at $84.20. In banking, NAB was down 13 cents at $25.69, Westpac was off eight cents at $23.58, Commonwealth Bank had lost 30 cents to $52.89 and ANZ was one cent higher at $24.22. Insurance Australia Group Ltd on Thursday posted a 51 per ...

IOOF profits surge 22 pc

ALISON BEVEGE  |  THURSDAY, 24 FEB 2011
... the industry as a whole. Kelaher said the popularity of its fund management platforms could in part be because it's not a bank. "It's a flatter structure, more intimate," he said. The company was prolific and successful, and was fast becoming the leader ...