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Showing 121 - 130 of 215 results for %22National Credit Act%22

Mortgage broker first offender under new law

LINDA HAUSKEN  |  WEDNESDAY, 26 SEP 2012
... home loans for his clients. The charges laid against Nguyen, 45, are the first to ever be brought on by ASIC under the National Consumer Credit Protection Act. Nguyen yesterday appeared before the Sydney's Downing Centre Local Court where he admitted ...

Market Wrap

AAP  |  TUESDAY, 18 SEP 2012
... it said it expected its first half profit to be well ahead of that in the previous corresponding period. At 1209 AEST, national turnover was 655.8 million securities worth $1.35 billion, with 432 stocks down, 288 up, and 337 unchanged.

APRA probe key in NAB case: Lawyers

BEN COLLINS  |  WEDNESDAY, 5 SEP 2012
It's APRA's understanding that National Australia Bank's (NAB) risk assessment of investments linked to toxic US subprime mortgages was insufficient, according to documents filled in the Supreme Court of Victoria yesterday. An affidavit tendered to ...

ASIC cancel Morrison Carr AFSL

LINDA HAUSKEN  |  TUESDAY, 31 JUL 2012
... Australian financial services and credit license of Morrison Carr Financial Services following a surveillance of the national planning business The sole director of Morrison Carr Financial Services, Dennis Cardakaris, has also been permanently banned ...

Market Wrap

AAP  |  FRIDAY, 8 JUN 2012
... were sold off, with Westpac leading the big four banks down, losing 19 cents, or 0.91 per cent, to $20.58. By 1032 AEST national turnover reached 262 million securities, worth $729.7 million, with 207 stocks trading up, 343 down and 241 steady.

Market Wrap

AAP  |  WEDNESDAY, 23 MAY 2012
... to 1,316.63, while the tech-heavy Nasdaq lost 8.13 (0.29 per cent) to 2,839.08. The markets got early help after the National Association of Realtors reported US existing home sales across all regions in the United States increased in April, by 3.4 per ...

PIMCO lands OnePath advice mandate

ELISE BURGESS  |  WEDNESDAY, 14 MAR 2012
... over the past 12 months," said Peter Dorrian PIMCO head of global wealth management. PIMCO will participate in OnePath's national roadshow in March to discuss the new strategies with advisers.

Market Wrap - Morning

AAP  |  TUESDAY, 6 MAR 2012
... creditors said as the deadline for the deal draws near. AMSTERDAM - Dutch populist politician Geert Wilders has called for a national referendum on abandoning the euro and reintroducing the guilder. BRUSSELS - Spain is hurtling towards an embarrassing ...

Market Wrap

AAP  |  WEDNESDAY, 1 FEB 2012
... reliance on shaky global debt markets. Investors are also cautious ahead of trading updates from the banks, including National Australia Bank and Macquarie Group next week, and ahead of the NAB business survey for December. "With a second RBA (Reserve ...

Market Wrap - Midday

AAP  |  THURSDAY, 15 DEC 2011
... financials, the big four were hit by the weakness in offshore banks and concerns that their lending costs are likely to rise. National Australia Bank is using Thursday's annual general meeting of shareholders to remind the public that its borrowing costs ...