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Showing 1941 - 1950 of 2605 results for "WAI"

Former Ansett workers get $16m super payback

LINDA HAUSKEN  |  MONDAY, 2 JUL 2012
A decade after the collapse of Ansett, Australia's second largest airline at the time, former workers have finally been paid $16 million in super entitlements. Ten years ago the airline's 11,000 workers had their superannuation entitlements frozen after ...

Can this latest kick of the can can?

BENJAMIN ONG  |  MONDAY, 2 JUL 2012
Spectacularly fantabolous! This was the financial markets' reaction to Europe's kinder surprise on the last day of the last trading week of the last month of the second quarter. Wall Street gained big time - the Dow ended 2.2% up, the S&P 500 closed ...

Market Wrap

AAP  |  FRIDAY, 29 JUN 2012
The Australian sharemarket has opened flat as investors look for signs of a solution in Europe on the last trading day of the financial year. At 1015 AEST on Friday, the benchmark S&P/ASX200 index was down 6.5 points, or 0.16 per cent, at 4,038.3, while ...

AGEST merger put on hold

BEN COLLINS  |  FRIDAY, 29 JUN 2012
AGEST Super has put its merger with AustralianSuper on hold until after December when a deferral of capital gains tax becomes legislation. The legislation will extend capital gains tax (CGT) rollover relief until 2017 for superannuation funds that will ...

Good one day, no good the next

BENJAMIN ONG  |  FRIDAY, 29 JUN 2012
"U.S. stocks fell, snapping a two-day rally in the Standard & Poor's 500 Index, after jobless-claims data fueled concern over the economy..." (Bloomberg) Ah, so grasshoppuh, America is good one day, no good the next. No sensei, just another dose of ...

Market Wrap

AAP  |  FRIDAY, 29 JUN 2012
The Australian market looks set to open slightly lower. At 0635 AEST on Friday, the June share price index futures contract was down seven points at 4,013. In economic news on Friday, the Reserve Bank of Australia (RBA) is set to release May's financial ...

Market Wrap

AAP  |  THURSDAY, 28 JUN 2012
Australian stocks were higher at noon, with the consumer discretionary sector leading the broader market on fresh reports concerning News Corporation's proposed corporate restructure. At 1242 AEST on Thursday, the benchmark S&P/ASX200 index was up 8.5 ...

Go ahead Europe, make my day

BENJAMIN ONG  |  WEDNESDAY, 27 JUN 2012
Stop right there. If you believe that last night's reversal of fortune on Wall Street was really, truly because of "improved data on the US housing market" as the Australian Financial Review puts it or "as Home Data Tempers Economic Concern," as per ...

Mariner launches Austock takeover bid

MELANIE TIMBRELL  |  TUESDAY, 26 JUN 2012
Listed investment firm Mariner Corporation has made a takeover bid on Austock Group at a slim 5% premium. Mariner yesterday informed the market that it intends to make an offer to Austock shareholders to acquire all issued shares. Mariner expects to ...

Is this the crisis moment?

BENJAMIN ONG  |  TUESDAY, 26 JUN 2012
This may be the one we've all been waiting for - the 'crisis moment' that pushes the region that shares a single currency into a unified course of action. Equity markets dropped big time overnight from New York to Rio and old London town - and of course ...