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Showing 2551 - 2560 of 4774 results for "July 8"

ASX chief announces immediate resignation

ALEX BURKE  |  MONDAY, 21 MAR 2016
ASX chief executive and managing director Elmer Funke Kupper has announced his immediate departure. Funke Kupper, who has been ASX chief executive since October 2011, is currently involved in an Australian Federal Police investigation into allegations ...

July 1 will end the "amateur" SMSF era

ALEX BURKE  |  MONDAY, 21 MAR 2016
New entry and licensing requirements for SMSF auditors and accountants from July 1 will likely result in many funds being wound up, according to industry consultant John Wiseman. Wiseman noted that, as at December 2015, SMSFs represented 30% of the ...

Lonsec and Zenith upgrade Fidelity ratings

KERRIE SYDEE  |  MONDAY, 21 MAR 2016
Lonsec has upgraded the Fidelity Future Leaders Fund to "Highly Recommended" and Zenith has increased its rating of Fidelity's Australian mid- and small-cap fund managed by James Abela to "Recommended". In a statement Lonsec said, "James Abela is a ...

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 ...