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Showing 121 - 130 of 275 results for "ACCC"

ANZ and Macquarie fined for cartel conduct

DARREN SNYDER | THURSDAY, 15 DEC 2016

... eight instances of attempted cartel conduct in contravention of the CCA. The Australian Competition and Consumer Commission (ACCC) said its action against the banks in the Federal Court led to the multi-million dollar penalties. The banks were also ordered ...

Pillar sold to Mercer

DARREN SNYDER | FRIDAY, 2 DEC 2016

... date none has supplied [these services] to larger funds and so lack a demonstrated track record that they can do so," the ACCC said. The ACCC's comment came in its assessment of Pillar being potentially acquired by Link Group, Australia's largest super ...

Bank inquiry recommends breaking big four oligopoly

ALEX BURKE | FRIDAY, 25 NOV 2016

... big four's "oligopoly" and introducing competition into the sector. The report said this could be achieved by either the ACCC (or the proposed Australian Council for Competition Policy) establishing a "small team" to make half-yearly recommendations ...

ACCC slams Macquarie and ANZ for cartel conduct

ALEX BURKE | FRIDAY, 25 NOV 2016

... commencing proceedings against ANZ and Macquarie Bank for attempted cartel conduct. ANZ and Macquarie co-operated with the ACCC's investigation, and the parties have agreed that the court will be presented with two specific incidents. The first involves ...

Link makes Pillar bid

DARREN SNYDER | FRIDAY, 11 NOV 2016

... from the NSW government. In the past month Link has worked closely with the Australian Competition and Consumer Commission (ACCC) in developing its binding proposal. In an ASX announcement Link said it continues to "work constructively with the ACCC." ...

Doubts over Link bid for Pillar

JAMIE WILLIAMSON | THURSDAY, 13 OCT 2016

... passed on to fund members." Link made public its interest in purchasing Pillar from the NSW Government in August, with the ACCC stating at the time that it would launch a formal review in to the possible merger. As a result of that review, ACCC chairman ...

Canadian instos approved for Aussie ag investment

DARREN SNYDER | THURSDAY, 22 SEP 2016

... Australian arm of diversified natural resource company Glencore Agriculture. The Australian Competition and Consumer Commission (ACCC) said it will not oppose the proposed acquisitions of a 40% and 9.99% interest in Glencore Agriculture. Both the Canada ...

QIC and Future Fund win Port of Melbourne lease

DARREN SNYDER | MONDAY, 19 SEP 2016

... Government this morning. The lease was sold for more than $9.7 billion according to the Victorian Government. Last month the ACCC provided approval for the two Australian-led bids to progress. The IFM Investors-led group included Dutch pension fund manager ...

IFM and QIC to compete for Port of Melbourne

DARREN SNYDER | FRIDAY, 19 AUG 2016

... consortium bids to acquire the 50-year lease of the Port of Melbourne. The Australian Competition and Consumer Commission (ACCC) said it will not oppose the two separate proposals after carefully considering potential cross-ownership interests and vertical ...

Link considers Pillar bid

DARREN SNYDER | WEDNESDAY, 17 AUG 2016

... it decides to progress with a bid it may submit for Pillar's assets. The Australian Competition and Consumer Commission (ACCC) indicated that it will commence a public informal merger review in respect of Links' possible bid. "Link Group generally remains ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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