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Showing 2811 - 2820 of 4761 results for "July 2011"

New players need support to enter financial services: Coles

LAURA MILLAN  |  FRIDAY, 5 SEP 2014
Large banks' commercial competitive advantage over smaller organisations is a barrier to the entrance of new players in the financial services industry, Coles has said The retailer expressed support for a proposal laid out in the Financial System Inquiry ...

Bipartisan Senate inquiry to grill financial services again

LAURA MILLAN  |  FRIDAY, 5 SEP 2014
Labor Senator Sam Dastyari has obtained the support from the Coalition to conduct a new Senate Economics Committee inquiry to scrutinise the financial services industry. The inquiry will continue the task of last year's Senate Economics Committee inquiry ...

Super Mario to the rescue (again)

BENJAMIN ONG  |  FRIDAY, 5 SEP 2014
Financial markets didn't get the kitchen sink they were hoping for but the fridge - along with the promise that the kitchen sink would come later - was good enough. With the eurozone economy in a coma - second quarter real GDP growth was zero - and ...

Super returns dip but still strong

STAFF WRITER  |  TUESDAY, 2 SEP 2014
The SelectingSuper MySuper and Workplace rolling 12 month performance index fell during July to return 10.6% compared to 12.7% at end June and 11.7% at end May. Rainmaker, which conducts the research for SelectingSuper, noted that three year super fund ...

Govt seeks discretion to freeze super guarantee

JAMES FERNYHOUGH  |  TUESDAY, 2 SEP 2014
The Treasurer may soon have discretionary power to further delay the rise of the superannuation guarantee to 12%, following the passage of legislation in the lower house yesterday. The legislation was part of a large suite of amendments labelled the ...

Ex-Deutsche Bank exec joins Woolworths board

JAMES FERNYHOUGH  |  FRIDAY, 29 AUG 2014
Woolworths has appointed Deutsche Bank's former head of corporate finance for Australia and New Zealand Scott Perkins as a non-executive director. Prior to his role as head of corporate finance, Perkins was chief executive of Deutsche Bank New Zealand ...

Equity Trustees lifts profit 12%

MARK SMITH  |  FRIDAY, 29 AUG 2014
Equity Trustees after tax profit rose 12% for the full year following the acquisition of ANZ Trustees. The purchase of the business, now known as Equity Trustees Wealth Services, for around $150 million in July almost doubled EQT's market capitalisation ...

PROFILE: ME Bank CEO Jamie McPhee

JAMES FERNYHOUGH  |  WEDNESDAY, 27 AUG 2014
Adelaide boy Jamie McPhee never worked a day in the profession for which he trained: civil engineering. Instead, on leaving university he headed straight to England to pursue a cricketing career in the Birmingham League. The highlight of his cricketing ...

Stagflation is real in Brazil

BENJAMIN ONG  |  WEDNESDAY, 27 AUG 2014
... the economy by 10 billion Brazilian real (US$4.5 billion)". This follows the lowering in required reserves announced on 24 July (estimated to release 30 billion reals into the financial system) and is in addition to lowered risk capital requirements ...

Heads up to where Wall Street's heading

BENJAMIN ONG  |  TUESDAY, 26 AUG 2014
It didn't happen overnight, but it is happening. The S&P 500 index flirted above its 2,000-point milestone -2001.95 points to be exact in intra-day trade - before closing at 1997.92 points. There's always tomorrow. With just another 2.1 points (0.1%) ...