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Showing 1821 - 1830 of 4757 results for "July 2011"

New SG laws hit Senate

KARREN VERGARA  |  FRIDAY, 7 DEC 2018
New laws giving the ATO stronger powers to enforce superannuation guarantee obligations has progressed before the Senate. If the Treasury Laws Amendment (Measures No.4) Bill 2018 is passed, the Commissioner of Taxation will be able to issue a written ...

Property fund hires manager

KANIKA SOOD  |  WEDNESDAY, 5 DEC 2018
The fund manager of a $450 million office real estate trust has jumped ship to another manager. Grant Nichols who ran the roughly $450 million Australian Unity Office Fund is taking over as the fund manager of the $850 million Centuria Metropolitan ...

Future Fund to manage new drought fund

KANIKA SOOD  |  TUESDAY, 4 DEC 2018
The Federal Government has introduced a bill to set up a $5 billion fund for drought-related spending that will be managed by the Future Fund Board of Guardians. Minister for Finance and the Public Service Mathias Cormann said the fund will kick off ...

New MD for AMP Capital NZ

KARREN VERGARA  |  MONDAY, 3 DEC 2018
AMP Capital announced a new managing director will lead its New Zealand subsidiary in the New Year. A new global head of fixed income has also been appointed. Bevan Graham will be the New Zealand managing director and chief economist from 1 January ...

Stop undermining franking credit refunds: Wilson

KARREN VERGARA  |  FRIDAY, 30 NOV 2018
Wilson Asset Management chair Geoff Wilson warned the proposed changes to franking credit refunds will not only damage the Australian economy but undermine the tax system. Wilson presented an economic case on why both sides of politics should safeguard ...

APRA not clear how to police BEAR breaches

KANIKA SOOD  |  FRIDAY, 30 NOV 2018
APRA chair Wayne Byres said the prudential regulator still hasn't locked in how it will enforce the BEAR regime if a bank executive breaches it, five months on from the change. Continuing his testimony on the Royal Commission's final day, Byres told ...

Rest restructures senior management

KARREN VERGARA  |  THURSDAY, 29 NOV 2018
Rest announced several changes to its senior leadership team including five positions being made redundant and the creation of two new executive roles. A spokesperson confirmed the following positions have been made redundant: general manager of customer ...

Miscalculations delay remediation, more issues emerge: AMP

JAMIE WILLIAMSON  |  WEDNESDAY, 28 NOV 2018
AMP has issued a clarifying statement following interim chief executive Mike Wilkins' testimony to the Royal Commission that the fees-for-no-service issue was initially expected to cost $1.2 billion and take nine years to remedy. He also flagged ...

Lenders must recognise millennial wealth strategies

DARREN SNYDER  |  TUESDAY, 27 NOV 2018
More than 12% of online investors are gearing their investment portfolio and this could double in the next 12 months, the latest Investment Trends study reveals. And millennials are playing catchup. The research house recently released its 2018 Borrowing ...

Royal Commission: ASIC rethinks negotiation tactics

KARREN VERGARA  |  FRIDAY, 23 NOV 2018
ASIC chair James Shipton has admitted the corporate regulator was too reliant on negotiating resolutions with financial services firms and flagged litigation could take precedence, the Royal Commission heard. Shipton told counsel assisting Rowena Orr ...