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Showing 221 - 230 of 625 results for "Financial Sector"

ASIC report highlights insufficient penalties

LAURA MILLAN  |  MONDAY, 2 FEB 2015
... penalties, at a minimum, may be a multiple of three times the benefit. "Our view is that breaking the law in the financial sector is often a trade-off between fear and greed. Penalties need to amplify the fear of prosecution to outweigh the greed," the ...

Market wrap

AAP  |  FRIDAY, 16 JAN 2015
... ANZ had fallen 12 cents to $31.38 and National Australia Bank had dipped six cents to $33.46. Elsewhere in the financial sector, insurer QBE was off 32 cents at $10.45 after the insurance industry rating agency AM Best lifted its outlook for the company. ...

Government Cyber Security Strategy already out of date

MARK SMITH  |  TUESDAY, 9 DEC 2014
... target of cyber-crime and is under increasing threat as the number of high-value targets in the sector grows. "A financial sector cyber crisis could result in system-wide impacts and significant consumer detriment." The report also expressed concern ...

Market Wrap AM

AAP  |  TUESDAY, 9 DEC 2014
... Monday closed higher, lifted by banking stocks after investors responded positively to a federal review of the financial sector. The benchmark S&P/ASX200 index was was up 37.4 points, or 0.70 per cent, at 5,372.7. The broader All Ordinaries index was ...

Market wrap

AAP  |  THURSDAY, 13 NOV 2014
The share market is weaker as the financial sector comes under pressure from investors taking profit. It is the fourth straight day of falls for the market, after posting gains in the past four weeks, IG Market analyst Evan Lucas said. "Defensive stocks ...

Market wrap

AAP  |  THURSDAY, 6 NOV 2014
... about the banking inquiry but other than that the market looks positive." He said the Murray inquiry into the financial sector was turning investors slightly off the big banks because of the potential for new regulations that require them to put aside ...

Global re-regulation takes shine off investment banks

ALEX DUNNIN  |  MONDAY, 29 SEP 2014
Financial sector stocks are often seen as a safe investment with almost no downside regardless what happens to the world economy, but global re-regulation of finance is causing investment strategists to question whether the tide is turning. The re-regulation ...

Expect more regulation on 'too-big-to-fail': Hockey

LAURA MILLAN  |  MONDAY, 22 SEP 2014
... insurers that are so large, complex and interconnected that their failure could cause significant economic and financial sector disruption, and potentially result in serious taxpayer losses." However, Finance ministers and central bank governors announced ...

Market Wrap AM

AAP  |  FRIDAY, 19 SEP 2014
The Australian sharemarket is tipped to open higher, with solid gains on Wall Street overnight. The December share price index futures contract is up 30 points at 5,432. The Dow and S&P 500 have bolted to fresh records on continued momentum from Wednesday's ...

Market Wrap AM

AAP  |  FRIDAY, 12 SEP 2014
The Australian sharemarket is tipped to open higher despite a mixed session on Wall Street. The September share price index futures contract is up three points at 5,550. US stocks have finished little changed as concerns about the upcoming referendum ...