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Showing 2451 - 2460 of 3265 results for "January 1"

ASIC achieves settlement for Westpoint investors

CLAIRE MCGREAL  |  MONDAY, 5 DEC 2011
A group of investors in the failed Westpoint Group stand to receive over $1.39 million in compensation in a settlement reached by ASIC against Queensland firm Strategic Joint Partners. ASIC started proceedings against Strategic Joint Partners (SJP) ...

PJC: Government needs to re-think payday reforms

RACHEL DAVIS  |  MONDAY, 5 DEC 2011
The Government's proposed reforms aimed at tightening controls over payday lenders need to be reassessed, the Joint Committee on Corporations and Financial Services has found. On 22 September 2011, the House of Representatives referred the Consumer ...

BlackRock launches sovereign risk management fund

CLAIRE MCGREAL  |  MONDAY, 5 DEC 2011
BlackRock Investment Management has launched a new sovereign risk management fund for Australian institutions. BlackRock said its Global Screened Government Bond is supported by the firm's Sovereign Risk Index, and is a proprietary index ranking the ...

Market Wrap- Midday

AAP  |  MONDAY, 21 NOV 2011
The Australian share market at noon was lower as investors remained concerned about the European debt crisis and awaited developments on the US economy. At 1200 AEDT on Monday, the benchmark S&P/ASX200 index was 23.8 points, or 0.57 per cent, lower ...

ASX names former ASIC head new Corp Governance chair

ELISE BURGESS  |  THURSDAY, 10 NOV 2011
Alan Cameron AO has been appointed chair of the ASX Corporate Governance Council, replacing retiring chair of 16 years and ASX's executive general manager, regulatory and public policy, Malcolm Starr. The Corporate Governance Council is a collection ...

Adviser charged with fraud

ELISE BURGESS  |  THURSDAY, 10 NOV 2011
A former senior adviser at Sydney firm, Noall & Co, faced charges of fraud in court this week following an ASIC investigation. James Patrick Hobson, a senior financial adviser, faced Downing Centre Local Court for allegations that he defrauded four ...

MySuper legislation introduced

ELISE BURGESS  |  FRIDAY, 4 NOV 2011
The superannuation system revamp continues with the introduction of legislation that will pave the way for MySuper. The Superannuation Legislation Amendment (MySuper Core Provisions) Bill 2011 proposes the introduction of MySuper, a low-cost default ...

Uncertainty here we come (again)

BENJAMIN ONG  |  WEDNESDAY, 2 NOV 2011
OMG! What in the effing world was he thinking? Just when we thought Europe was moving forward in the right direction, Greek Prime Minister George Papandreou had to open his mouth and announce a "referendum" on whether or not his people would accept ...

ASIC releases equity market structure paper

ELISE BURGESS  |  MONDAY, 24 OCT 2011
Submissions are now being received for ASIC's second-phase consultation paper on equity market structure issues assessing the latest developments in Australia's financial markets. Looking at proposed market integrity rules for a variety of products ...

Credit Suisse: Aus second highest average wealth in the world

CLAIRE MCGREAL  |  THURSDAY, 20 OCT 2011
Australia has the second highest average wealth in the world at US $397,000 behind only Switzerland with US $540,010. The Credit Suisse 2011 Global Wealth report, which surveyed the world's 4.5 billion adults, also revealed that Australia's median wealth ...