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Showing 2321 - 2330 of 3163 results for "Owner"

Perpetual sells registry business

BEN COLLINS  |  TUESDAY, 3 JUL 2012
... or in line with our efficiency objectives." "Registry is subscale and not a core activity for us, we are not the natural owner of this business and it is worth more to another company, such as MainstreamBPO." The process involved an intermediary outsourcing ...

Pacific Hydro joins $315m renewable energy JV

LINDA HAUSKEN  |  MONDAY, 25 JUN 2012
Prime Minister Julia Gillard has announced a $320 million consortium agreement between the industry fund owned Australian renewable energy company Pacific Hydro and Brazil's mining company Vale. The agreement formalises Vale's and Pacific Hydro's intentions ...

IFM commits $90m to ConnectEast

LINDA HAUSKEN  |  THURSDAY, 21 JUN 2012
... into ConnectEast through a senior secured debt facility. The investment forms part of a $1.2 billion refinancing by the owner and operator of Melbourne's Eastlink Freeway. The investment was made on behalf of IFM's Alternative Fixed Income Fund (AFIF) ...

SuperStream passes Lower House

ALEX DUNNIN  |  TUESDAY, 19 JUN 2012
Super Stream legislation passed through the Lower House yesterday but while the government is upbeat, the superannuation industry is still wary. The measures were contained in the Superannuation Legislation Amendment (Stronger Super) Bill 2012 that ...

ATO warns on structured products

MELANIE TIMBRELL  |  FRIDAY, 15 JUN 2012
The Australian Tax Office has issued a warning on sophisticated structured financial products that claim to offer franking credits among tax benefits to investors. Michael D'Ascenzo, tax commissioner at the ATO has said the products involved claimed ...

Wealthy clients need consumer protections too: FPSB

ALEX DUNNIN  |  WEDNESDAY, 6 JUN 2012
... warns the global interest group the Financial Planning Standards Board. The Financial Planning Standards Board (FPSB) is the owner of the Certified Financial Planner certification. They were responding to the issue, following release of an IOSCO report ...

Market Wrap

AAP  |  TUESDAY, 5 JUN 2012
... $21.26. Telstra's stock was steady at $3.66. Consumer staples and discretionary stocks also bounced, with department store owner Myer Holdings up two cents, or 1.09 per cent, to $1.86 and Billabong surging 5.5 cents, or 3.06 per cent, to $1.855. Shares ...

APRA: Third line of defence in Trio-style fraud

BEN COLLINS  |  FRIDAY, 1 JUN 2012
While accepting that the Australian Prudential Regulation Authority could have done more, deputy chairman Ross Jones has moved to distance the regulator from the Trio disaster, placing the blame with trustees and auditors. "APRA's prudential supervision ...

Market Wrap - Midday

AAP  |  THURSDAY, 31 MAY 2012
... Consumer staples stocks bucked the market's downward trend, with Woolworths gaining 26 cents to $26.45 and Wesfarmers - owner of Coles supermarkets - up 25 cents to $29.20. Retailers were mixed. Department stores owner David Jones firmed 1.5 cents to ...

Market Wrap

AAP  |  WEDNESDAY, 30 MAY 2012
... Banking Corporation which dropped 25 cents, or 1.22 per cent to $20.30. Retailers were mostly lower, with department store owner David Jones falling five cents, or 2.17 per cent, to $2.25 and Billabong slipping three cents, or 1.49 per cent, to $1.98. ...