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Showing 1561 - 1570 of 2331 results for "Dun"

US Senate passes bail-out 74 to 25

ALEX DUNNIN  |  THURSDAY, 2 OCT 2008
The bail-out legislation has been overwhelmingly approved by the US Senate, but the bigger test will be the congressional vote tomorrow, which isn't expected to get such a smooth ride. This morning Australian time, the Senate voted in favour of the ...

Blame planners, not me: Costello

ALEX DUNNIN  |  WEDNESDAY, 1 OCT 2008
Just when you thought the financial crisis couldn't get any crazier, former Treasurer Peter Costello said planners are to blame for super fund members losing money from their super fund accounts following the stockmarket rout. "The government didn't ...

APRA rebuffs super stats critics

ALEX DUNNIN  |  WEDNESDAY, 1 OCT 2008
APRA has smacked down criticism by retail groups that the regulator's superannuation fund performance research is flawed. Ross Jones, APRA deputy chairman, in a letter accompanying the release of their report, A Response to [the] Review of APRA's Investment ...

AIG not impacted by bail-out failure

ALEX DUNNIN  |  TUESDAY, 30 SEP 2008
This morning's bail-out failure does not impact AIG, whose funding has already been approved and put in place. Congress this morning rejected the bail-out legislation 228 votes to 205 after two-thirds of Republican legislators dismissed the bill's pre-conditions ...

Markets are a public good: PM

ALEX DUNNIN  |  MONDAY, 29 SEP 2008
Australia may be a small country but it took Prime Minister Kevin Rudd's 2,700 word speech to the United Nations on Friday to articulate a way out of the global financial mess. The speech was in contrast to US Treasury secretray Henry Paulson's widely ...

Clear focus to drive age pension reform

ALEX DUNNIN  |  THURSDAY, 25 SEP 2008
In reviewing the appropriate pension payment level, the government must decide if the fundamental purpose of the age pension is to reduce poverty or to replace income, argues the Institute of Actuaries (IA) in a new discussion paper. The paper, New ...

Bail-out might breach US constitution

ALEX DUNNIN  |  WEDNESDAY, 24 SEP 2008
Rising concerns that the $1 trillion investment bank bail-out breaches the US constitution are making it difficult for Congress to quickly approach the bill. At Senate Banking Committee hearings on Capitol Hill, Senator Christopher J Dodd, a Democrat ...

AIG Australia insulated from US woes

ALEX DUNNIN  |  WEDNESDAY, 17 SEP 2008
While the US Fed has offered to provide AIG Life $100 billion in liquidity funding, AIG's Australian customers are well insulated from any fall-out. "Acting to avert a possible financial crisis worldwide, the Federal Reserve reversed course on Tuesday ...

Climate change funds tick all the boxes

ALEX DUNNIN  |  WEDNESDAY, 17 SEP 2008
Dow Jones' decision to remove AGL from its Sustainability World Index (DJSWI) illustrates the overlap that now exists between infrastructure investments, traditional and alternative energy and sustainable investments. AGL was recently removed from the ...

ASFA proposes asset classification standards

ALEX DUNNIN  |  TUESDAY, 16 SEP 2008
A background paper on how super funds should classify assets in their diversified investment options, prepared by the Association of the Super Funds of Australia (ASFA), has recommended funds and research groups standardise how they classify assets ...