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Showing 1471 - 1480 of 1729 results for "Provisio"

Who's next to confess?

BENJAMIN ONG  |  TUESDAY, 29 JUL 2008
The Australian equity market slumped yesterday, dragged down by a sell-off in the Financials sector after ANZ announced increased provisioning for bad debts would hit its earnings. In making the announcement, ANZ Chief Executive Mike Smith said that ...

Market Wrap - Morning

AAP  |  TUESDAY, 29 JUL 2008
The Australian stock market is expected to open sharply lower after Wall St fell two per cent on predictions the worst of the housing crisis was yet to come. On the Sydney Futures exchange, the September share price index futures contract dropped 99 ...

Market Wrap - Midday

AAP  |  MONDAY, 28 JUL 2008
The Australian stock market was down over one per cent at noon after ANZ Banking Group Ltd flagged a $1.2 billion provision and forecast its annual earnings to fall by up to a quarter. At 1200 AEST the benchmark S&P/ASX200 index was down 60.7 points ...

Market Wrap - Midday

AAP  |  FRIDAY, 25 JUL 2008
The Australian stock market was down about three per cent at noon after National Australia Bank (NAB) reported further losses related to its exposure to complex US mortgage-backed debt securities. The local bourse was also following Wall Street, which ...

Goodbye ACMSF, hello Sunsuper

RUTH LIEW  |  WEDNESDAY, 9 JUL 2008
The $165 million Anglican Church Master Superannuation Fund (ACMSF) closed its doors last month - prompting the transfer of all members and assets to the $13 billion Sunsuper. According to a statement on the ACMSF website, the fund's Trustee has been ...

Zurich extends political risk insurance to EMs

MICHAEL HOBBS  |  FRIDAY, 6 JUN 2008
Zurich Financial Services Australia is providing political risk insurance for carbon credit projects in the emerging markets for the first time. This development will protect companies against risk of a range of government actions that might prevent ...

ML picks Praemium for admin

RUTH LIEW  |  THURSDAY, 5 JUN 2008
Praemium Limited's V-Wrap service has been chosen by Merrill Lynch Equities Australia to provide portfolio administration services to its private client wealth management division. The deal will see Praemium provide consolidated reporting to the Merrill ...

AXA buys Challenger's Genesys

RUTH LIEW  |  WEDNESDAY, 4 JUN 2008
AXA's influence in Australia's financial advice industry is set to escalate with today's $150 million purchase of Challenger's financial planning business Genesys Wealth Advisers and proprietary platform Synergy. The deal, which is expected to be finalised ...

Wash sales left to dry: GMK Centric

MICHAEL HOBBS  |  FRIDAY, 30 MAY 2008
Financial planners, accountants and individual investors could face massive fines if they promote the use of 'wash sale' strategies to gain a tax break for their clients, warns chartered accountancy GMK Centric. A wash sale is when an investor buys ...

Abu Dhabi opens investment doors

MARK STORY  |  MONDAY, 19 MAY 2008
Despite having 9 per cent of the world's proven oil reserves, Abu Dhabi, the biggest of the seven United Arab Emirates (UAEs) is still looking for outside investment to transform itself into an international capital city, industry-hub, and tourism Mecca. ...