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Showing 2401 - 2410 of 2989 results for "ARRA"

Plan B buys Strategic

RUTH LIEW  |  THURSDAY, 26 FEB 2009
Australian Securities Exchange-listed Plan B Group has acquired a 62 per cent stake in boutique advisory firm, Strategic Financial Management. Plan B's acquisition of Strategic will see it control a 62 per cent interest in the Melbourne-based company ...

Nationalisation - that ugly word

BENJAMIN ONG  |  MONDAY, 23 FEB 2009
... President Barack Obama declared these words right after he signed the US$787 billion American Recovery and Reinvestment Act (ARRA) last week. His signature on the Act has barely dried when he again inked the presidential pen to unveil another morally ...

Moral hazard on Main Street

BENJAMIN ONG  |  THURSDAY, 19 FEB 2009
... Program), the TALF (Term Asset-Backed Securities Loan Facility), and the recently signed FSP (Financial Stability Plan) - renamed ARRA (American Recovery and Reinvestment Act )were designed to prevent the obese lending institutions and greedy investment ...

ING wins $270m QBE mandate

RUTH LIEW  |  WEDNESDAY, 18 FEB 2009
ING Australia has won a $270 million mandate to manage QBE's $350 million default corporate super fund. According to ING, the new mandate will combine QBE's three separate superannuation plans under one umbrella. QBE's main fund has approximately $270 ...

AUI adds three

COMPANY RELEASE  |  TUESDAY, 17 FEB 2009
Australian Unity Investments (AUI) has made three new appointments, including the creation of a new position of capital markets manager. Carolyn Ireland has been appointed as capital markets manager, Linda D'Intino as senior compliance manager, and ...

More donations to help Bushfire Appeal

MICHELLE BALTAZAR  |  FRIDAY, 13 FEB 2009
Donations continue to pour from the financial services industry for those affected by the bushfires in Victoria. In a massive outpouring of support for the victims and their families, many firms have donated cash (at least $7.2 million in total on last ...

E*Trade signs on Praemium

RUTH LIEW  |  THURSDAY, 12 FEB 2009
Praemium Limited has signed a deal with E*Trade Australia to provide the tech firm's tax reporting solution to all 350,000 of the latter's Australian clients. Praemium said the arrangement will enable E*Trade clients to manage their investment tax reporting ...

Meat fund invests in high growth

RUTH LIEW  |  THURSDAY, 12 FEB 2009
The $529 million Meat Industry Employees Superannuation Fund is defying the super industry's flight to cash when it recently introduced a new "high growth" investment option to members. Up until the start of this year, MIESF did not offer investment ...

GESB plans on hold

MICHAEL HOBBS  |  THURSDAY, 12 FEB 2009
Western Australian public sector super fund, GESB's planned mutualisation process has again been shelved after the local government cited tax and bad financial market concerns. Western Australian treasurer, Troy Buswell said significant progress had ...

Master trusts and industry funds drive risk growth

COMPANY RELEASE  |  MONDAY, 9 FEB 2009
Employer master trusts and industry funds will provide more risk insurance over the next 15 years, according to Rice Warner Actuaries research. The actuary's research found life risk insurance sold within employer master trusts is expected to grow at ...