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| | | ... regulation of the banking sector, a lift in restrictions on the entry of overseas labour and an increase in the number of banks and financial services providers that can do business in Australia. FSU national secretary Leon Carter said: "It is widely ... |
| | | | The share market has opened lower as the major miners and big four banks all post losses. The market has come off Thursday's sharp gains, OptionsXpress market analyst Ben Le Brun said. "This is not unexpected considering yesterday's strong gains," he ... |
| | | | ... amounting to more than $US5 billion ($A5.41 billion) have been found at China's sovereign wealth fund and two large state-owned banks, according to the state auditor, offering a glimpse into the opaque management of government-controlled firms. China ... |
| | | | ... underline the why's and the wherefore's - and this is, what I've been typing so many times in the past - the kindness of central banks (and the politburo, in China's case). The CB's are in no hurry to lift interest rates. They would not lift a finger ... |
| | | | ... $5.455 on news it will axe about 500 jobs to help reduce costs by $90 million during the 2014/15 financial year. The major banks were also higher, with Commonwealth Bank up 78 cents $81.78, National Australia Bank up 36 cents at $33.37, Westpac up 37 ... |
| | | | ... representing some industry super funds said that the best interest duty has been diluted "by introducing loopholes lobbied for by banks" and added that the law allows "banks and other product providers to pay financial planners a range of incentives ... |
| | | | ... Westfield Retail Trust investors are expected to now support the $70 billion Westfield Group restructure. As for the major banks, the Commonwealth Bank had shed 29 cents to $81.31, Westpac was minus 12 cents to $34.18, National Australia Bank lost nine ... |
| | | | ... economy..." What happened since? We got Beijing's mini stimulus, we had the PBOC lowering reserve requirements for small and rural banks (and increased the number of those banks that qualifies to the cut) and, as per Bloomberg, "China's new yuan loans ... |
| | | | ... are asking for the legislation to specifically ban commissions and to clearly separate personal and general advice. But banks, the main providers of general advice, argue that an exemption to receive commissions in this area will guarantee that advice ... |
| | | | ... at $35.31, Rio Tinto was down 27 cents at $57.33 and iron ore miner Fortescue Metals lost nine cents to $3.97. The major banks were down, with National Australia Bank losing 19 cents to $33.02, Commonwealth Bank falling 43 cents to $81.30, ANZ shedding ... |
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