Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 12651 - 12660 of 21796 results for "Dec"

Packer launches $200 million philanthropic fund

MARK SMITH  |  WEDNESDAY, 23 JUL 2014
Gaming billionaire James Packer has launched a $200 million philanthropic fund to support the arts and Indigenous education for the next 10 years. The Foundation will be funded jointly by the Packer Family Foundation and the Crown Resorts Foundation ...

Arrows and more arrows

BENJAMIN ONG  |  WEDNESDAY, 23 JUL 2014
It's so stupid, it's become not funny anymore. Talks about easing geo-political risk causing investors to go back into risk assets overnight -- the same way increased geo-political risk sent them away the night before. Geo-political risk down, Wall ...

Govt begins long-awaited retirement income review

JAMES FERNYHOUGH  |  TUESDAY, 22 JUL 2014
The government has launched its much-anticipated review of Australia's underdeveloped retirement income industry with the release of a comprehensive discussion paper. The 21-page paper discusses measures to overhaul the entire regulatory regime of the ...

FSC's Storniolo leaves to join BT

LAURA MILLAN  |  TUESDAY, 22 JUL 2014
The Financial Services Council (FSC) senior policy manager for advice Cecilia Storniolo left the organisation last week to join BT Financial Group. An FSC spokesperson confirmed that the departure is unrelated to FSC chief executive John Brogden's decision ...

IOOF launches defensive equity portfolio

LAURA MILLAN  |  TUESDAY, 22 JUL 2014
The IOOF MultiMix investment team has launched a defensive equity portfolio as a response to the decline in cash and bond yields. "The decline in cash and bond yields has meant that income needs to be sought elsewhere," IOOF portfolio manager of Australian ...

Market Wrap AM

AAP  |  TUESDAY, 22 JUL 2014
The Australian market looks set to open flat after Wall Street fell as geopolitical worries weigh on sentiment. At 0811 AEST on Tuesday, the September share price index futures contract was down four points at 5,496. Geopolitical concerns, with the ...

Senate saves the LISC

JAMES FERNYHOUGH  |  MONDAY, 21 JUL 2014
The low income superannuation contribution (LISC) scheme has been saved after the Senate blocked the repeal of measures related to the mining tax. The LISC, which was a spending measure associated with the Minerals Resource Rent Tax, was saved after ...

CBA to fund adviser education and association membership

LAURA MILLAN  |  FRIDAY, 18 JUL 2014
The Commonwealth Bank (CBA) has confirmed that it will provide full funding to cover costs involved with the tougher adviser education standards announced last week. As revealed by Financial Standard, CBA decided to raise adviser standards in the wake ...

SMSFs stung by $1M property Ponzi scheme

LAURA MILLAN  |  FRIDAY, 18 JUL 2014
Barry John Patrick, a 71-year-old man from Victoria, has been charged for illegally obtaining more than $1 million from self-managed super fund (SMSF) investors to fund property development. Patrick obtained the money from 14 investors between 2007 ...

The 60-year-old investing idea that keeps on giving

MICHELLE BALTAZAR  |  FRIDAY, 18 JUL 2014
An investment product that rose out of a fund manager's 60 year mortgage lending experience has just notched up its fourth positive research recommendation. The La Trobe Financial Pooled Mortgages Option (PMO) has just been rated 'recommended' by Zenith ...