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Showing 2541 - 2550 of 4761 results for "July 2011"

Fund managers not ready to enter new MIT tax regime

DARREN SNYDER  |  MONDAY, 21 MAR 2016
A tax partner at business law firm Hall & Wilcox believes some small to mid-size fund managers will struggle to be ready to enter the new tax regime for managed investment trusts (MITs). The new tax regime is expected to become law from 1 July 2016 ...

ME lifts profit 8pct

MARK SMITH  |  THURSDAY, 17 MAR 2016
Industry super fund-owned bank ME has posted an after-tax underlying net profit of $30.2 million for the six months to 31 December 2015, a rise of 8% on the previous corresponding period. ME chief executive Jamie McPhee said it was a strong result in ...

Labor wants stronger LIF rules

ALEX BURKE  |  FRIDAY, 4 MAR 2016
Legislation based on the Life Insurance Framework doesn't go far enough according to Shadow Minister for Financial Services and Superannuation, Jim Chalmers. Discussing the Corporations Amendment (Life Insurance Remuneration Arrangements) Bill 2016 ...

NAB supports ex-adviser ban

ALEX BURKE  |  FRIDAY, 4 MAR 2016
NAB has come out in support of ASIC's decision to ban one of its former advisers for five years. ASIC said that Gerard McCormack engaged in "misleading and deceptive conduct between June and July 2013, when he was a NAB adviser." Specifically, McCormack ...

With pretty numbers like these, who needs a rate cut?

BENJAMIN ONG  |  FRIDAY, 4 MAR 2016
At the time of this writing, the A$ is fetching around US$0.7350 - after appreciating from US$0.7175 to US$0.7295 after the National Statistician released the Australian economy's scorecard that showed much higher growth than expected in the last quarter ...

Perpetual Private partners law firm to help accountants with AFSLs

MARK SMITH  |  THURSDAY, 3 MAR 2016
Perpetual Private has announced a new partnership with Cowell Clarke Commercial Lawyers to help support accounting practices looking to obtain their own limited Australian Financial Services Licence (AFSL) as part of new rules coming in on July 1. The ...

Consumer (un)confidence

BENJAMIN ONG  |  WEDNESDAY, 24 FEB 2016
"Consumers' short-term outlook grew more pessimistic, with consumers expressing greater apprehension about business conditions, their personal financial situation, and to a lesser degree, labor market prospects. Continued turmoil in the financial markets ...

Synchron announces LIF tech and referral arrangements

ALEX BURKE  |  TUESDAY, 23 FEB 2016
Following on from its partnership with AIA to create a Life Insurance Framework-friendly insurance product, Synchron has announced two new LIF support initiatives. The first is SyncAdvsr, a software package designed to automatically produce fee disclosure ...

Blue Sky lifts profits

MARK SMITH  |  MONDAY, 22 FEB 2016
Blue Sky Alternative Investments has lifted its half year net profit after tax to $4.4 million, up 69% on the first half of FY15. The company also grew its revenue 44% to $23.8 million. The company now expects its underlying NPAT for the year ending ...

Zurich launches LIF support initiative

MARK SMITH  |  THURSDAY, 18 FEB 2016
Zurich Financial Services Australia is launching a life insurance framework (LIF) support package for financial advisers, via a national roadshow. The 'Blueprints for the Future' comprise five pillars of LIF support, designed to help advisers position ...