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Showing 151 - 160 of 210 results for "Tranche 2"

Hero to Zero

BENJAMIN ONG  |  MONDAY, 7 NOV 2011
A week may not be all that much in the whole scheme of things, but a week was long enough for Greek Prime Minister George Papandreou to turn from hero to zero. Hero. All seemed well after the night of 27 October. Every finance minister and his dog literally ...

MySuper legislation introduced

ELISE BURGESS  |  FRIDAY, 4 NOV 2011
The superannuation system revamp continues with the introduction of legislation that will pave the way for MySuper. The Superannuation Legislation Amendment (MySuper Core Provisions) Bill 2011 proposes the introduction of MySuper, a low-cost default ...

Shape up or ship out

BENJAMIN ONG  |  THURSDAY, 3 NOV 2011
Germany and France has called Greek Prime Minister George Papandreou's all-in "referendum" gambit. Monsieur Sarkozy and Fraulein Merkel suspended the disbursement of the a,-8 billion rescue tranche until Greece makes up its mind to stay in the Eurozone ...

Work in no progress

BENJAMIN ONG  |  FRIDAY, 21 OCT 2011
Make that October 26 - maybe. Yes folks the can has been kicked further down the road to nowhere. Less than five days ago -- at the end of the G20 Summit in Paris -- there was optimism in the air, there seems to be consensus among the top 20 moneymen ...

FOFA reaches parliament with undisclosed feature

ELISE BURGESS  |  FRIDAY, 14 OCT 2011
After many months of discussion, the FOFA Bill has finally reached parliament but planning associations the AFA and the FPA have slammed the motion after a new feature was revealed without prior consultation with the industry. Minister for Financial ...

Market Wrap - Midday

AAP  |  THURSDAY, 13 OCT 2011
The Australian share market opened slightly higher, with broad-based gains against a positive international backdrop of growth. At the open (AEDT), the benchmark S&P/ASX200 index gained 40.8 points, or 0.97 per cent, at 4,245.1 and the broader All Ordinaries ...

Market Wrap - Midday

AAP  |  FRIDAY, 7 OCT 2011
Australian shares rose by almost two per cent, boosted by investors' confidence that a Greek default would not extend beyond Europe. The local market opened more than one per cent firmer on Friday, following strong European and US leads after a tranche  ...

Some hope

BENJAMIN ONG  |  FRIDAY, 30 SEP 2011
... saved quite a handsome amount. But all will be revealed on 13 October - D-day as to whether Greece will get its next tranche -- worth a,-440 billion - of rescue money. And you thought all's done and dusted, 'ey? No siree, not yet. Expect continued volatility ...

Government confirms ban on commissions

MATT WOODINGTON  |  THURSDAY, 29 SEP 2011
The Government's release of the second tranche of its Future of Financial Advice Reforms has provided few surprises, reinforcing plans to ban conflicted remunerations and soft dollar arrangements. Given the level of fanfare that has surrounded the entire ...

Second tranche of FOFA well received: industry

ELISE BURGESS  |  THURSDAY, 29 SEP 2011
The second tranche of FOFA reforms has earned a warm, albeit subdued, welcome from the industry with little or no reaction from large dealer groups but solid support from industry associations. In response to the Future of Financial Advice (FOFA) reforms ...