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Showing 1311 - 1320 of 4272 results for "Yesterday"

Government limits general advice exemption in FoFA amendments

LAURA MILLAN  |  THURSDAY, 20 MAR 2014
The Future of Financial Advice (FoFA) amendments bill that was introduced into the Parliament yesterday has limited the general advice exemption, but does not explicitly forbid commissions. The Corporations Amendment (Streamlining of FoFA) Bill 2014 ...

Assistant Treasurer Sinodinos to stand aside amid ICAC inquiry

ALICE URIBE  |  WEDNESDAY, 19 MAR 2014
... motion relating to Senator Sinodinos' failure to comply. This motion was also supported by the Greens in the Senate. Yesterday, Shadow Treasurer Chris Bowen said that Senator Sinodinos needed to "provide and full and proper account." However this morning ...

Senate pushes for Sinodinos to explain corruption allegations

ALICE URIBE  |  WEDNESDAY, 19 MAR 2014
... Senator Sinodinos to stand aside during the hearings into AWH, a company which has links to Labor figure Eddie Obeid. Yesterday Labor MP Kelvin Thomson, who was Shadow Assistant Treasurer between 1998 and 2001, said that "it would be in the best interest ...

Advisers have to act in client's best interests: PM

ALEX DUNNIN  |  TUESDAY, 18 MAR 2014
... legislation that financial advisers will still have undefined best interests obligations. Speaking at Parliament House yesterday regarding the government's commitment to reducing red tape, Abbott said all professionals are bound by fiduciary requirements ...

Calls for Sinodinos to "step aside" amid ICAC allegations

LAURA MILLAN  |  TUESDAY, 18 MAR 2014
... him to gain $20 million for assisting AWH to secure contracts worth $200 million. Speaking to journalists in Canberra yesterday Labor MP Kelvin Thomson who was Shadow Assistant Treasurer between 1998 and 2001, said that "it would be in the best interest ...

China's art of currency war

BENJAMIN ONG  |  TUESDAY, 18 MAR 2014
... today, they're lauding China's latest move - that of doubling the renminbi's trading band against the US dollar to 2.0% yesterday (from 1%) on either side of the Peoples Bank of China's (PBOC) daily reference rate fixing. According to the PBOC, this ...

This means war (again)

BENJAMIN ONG  |  FRIDAY, 14 MAR 2014
... production. Not to mention, New Zealand. Its economy is gaining such momentum that the RBNZ raised interest rates there only yesterday. Only yesterday, too, we learned that while the unemployment rate remained at 6.0%, Australia added a total of 47,300 ...

Market Wrap AM

AAP  |  THURSDAY, 13 MAR 2014
... of a $US11.9 billion surplus. "Although copper prices have bounced slightly today, the drop through three-year lows yesterday unnerved markets," said Chris Beauchamp, an analyst at trading firm IG. "Throw in some headlines about Russian movements in ...

Maybe slowing, definitely distorted, more likely rebalancing

BENJAMIN ONG  |  TUESDAY, 11 MAR 2014
Ayy-yay-yay-yay-yay! Here we go again. Weak economic reports out of China have again put a question mark about its economy and by extension, the economy of the world. Oh sowee Virginia, I stand corrected... it wasn't a question mark, China's headed ...

LGS to white label MetLife's latest offering

JAMES FERNYHOUGH  |  WEDNESDAY, 5 MAR 2014
... new offering, which offers accumulation, transition to retirement (TTR) and lifetime annuity products, was unveiled yesterday. LGS chief executive Peter Lambert said the agreement with MetLife was in response to member demand for a retirement option ...