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Showing 1611 - 1620 of 2151 results for "AUD"

Discretion strictly case-by-case in new SMSF audit scheme

BEN COLLINS  |  MONDAY, 24 SEP 2012
Discretion will be applied on a strictly case-by-case basis, for accountants registering with the Australian Securities & Investments Commission's self managed super fund auditor program. Requirements such as tertiary qualifications, an exam and other ...

ATO stands up for compliant SMSFs on levy use

MELANIE TIMBRELL  |  FRIDAY, 21 SEP 2012
ATO assistant commissioner Stuart Forsyth has told an industry event it is unfair compliant SMSFs have to see a portion of their levy go towards catching out those funds which do not operate properly. Forsyth said the current open registration system ...

ASIC civil case a dead duck: Storm founders

MELANIE TIMBRELL  |  THURSDAY, 20 SEP 2012
Lawyers for Storm founders Emmanuel and Julie Cassimatis have urged Federal Court judge John Reeves to dismiss ASIC's civil action, saying the regulator has no reasonable prospect of success in prosecuting the couple for breach of director duties. ASIC ...

Super concession cuts ignite SMSF debate

MELANIE TIMBRELL  |  MONDAY, 10 SEP 2012
Reports that tax concessions to super will be cut by the Government to fund upcoming health and education initiatives have sparked debate in the industry over whether high balance super members and SMSFs in particular are paying their share. Recent ...

Changes sent packing

BEN COLLINS  |  THURSDAY, 6 SEP 2012
The separation between group and retail insurance will influence how superannuation funds package benefits for members in the future, said AIA Australia CEO Peter Crewe. Traditionally the two segments have been treated separately by insurers. But new ...

Lofty A$ supports offshore ETFs

MELANIE TIMBRELL  |  TUESDAY, 4 SEP 2012
The high Aussie dollar (AUD) is leading to more active use of ETFs as investors seek to use the strong currency to tap markets outside Australia and gain access to a broader set of industrial sectors. Mark Oliver, head of iShares Australia said that ...

IAG board member steps down

LINDA HAUSKEN  |  FRIDAY, 31 AUG 2012
Insurance Australia Group board member of six years, Phillip Colebatch, has retired from his position. Insurance Australia Group chairman Brian Schwartz said he thanks Philip for his contribution over almost six years, during a time of significant change ...

Market down 5%: Resources look ugly

MARK STORY  |  TUESDAY, 28 AUG 2012
... the key driver (-25%) as earnings have slid in line with commodity prices, without any of the usual cushion from a softer AUD. Deutsche Bank expects investor eyes to be focused on the full year 2013 reporting - which they expect to deliver further downgrades ...

ANZ CEO sells shares to fund debt, tax

BEN COLLINS  |  MONDAY, 27 AUG 2012
ANZ chief executive officer Michael Smith has sold $10.8 million worth of shares in the bank. In a statement to the Australian Securities Exchange (ASX) on Friday, ANZ said that Smith sold the shares "to fund a forthcoming income tax payment and to ...

Premium Wealth creates accountant licensing program

LINDA HAUSKEN  |  THURSDAY, 23 AUG 2012
Premium Wealth is in process of finalising an accountant licensing program that it claims will increase the uptake of advice and advance the professional status of financial planning. The new program will offer accountants the three tiers of licensing ...