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Showing 2821 - 2830 of 5518 results for "September 29 2013"

Growth and QE - will this time be different?

BENJAMIN ONG  |  FRIDAY, 30 AUG 2013
This is it...it's all systems go! There's only one conclusion that can be concluded from the upward revision in second quarter US real GDP growth - up at annualised rate of 2.5% from the prelim 1.7% estimate - and Wall Street's positive reaction to ...

Market Wrap AM

AAP  |  FRIDAY, 30 AUG 2013
The Australian market looks set to open lower despite gains on Wall Street which rose as fears of an imminent strike against Syria receded. An upgrade to US second-quarter economic growth, also helped US markets. It came in at an annual rate of 2.5 ...

PIS could face class action over "inadequate" advice

LAURA MILLAN  |  THURSDAY, 29 AUG 2013
Slater & Gordon are considering a class action against Professional Investment Services (PIS) after retail investors face losses from the collapse of a Queensland olive farm investment scheme. Over 350 Australians had ploughed approximately $25 million ...

Delay of execution

BENJAMIN ONG  |  THURSDAY, 29 AUG 2013
I thought this would happen, but not to happen so soon. Yes Virginia, Wall Street's reaction to the looming war with Syria is playing out according to the script of the 1991 Iraq War and its 2003 sequel. There's the sell orders that comes with the anxiety ...

Market Wrap AM

AAP  |  THURSDAY, 29 AUG 2013
The Australian market looks set to open flat after Wall Street made modest gains but European bourses fell amid nervousness over possible action against Syria. At 0800 AEST on Thursday, the September share price index futures contract was up one point ...

Coalition to save $1.6bn via SG delay

AAP & ALICE URIBE  |  WEDNESDAY, 28 AUG 2013
The Coalition has confirmed that it will make $1.6 billion budget saving A by delaying the increase of the compulsory superannuation guarantee from 9% to 12%. After pressure from Labor shadow treasurer Joe Hockey released a seven-page document that ...

Banned adviser faces jail time over 'tombstoning'

LAURA MILLAN  |  WEDNESDAY, 28 AUG 2013
A former financial adviser has pleaded guilty to dishonest conduct after using dead people's documents and fictitious clients to increase his revenue. The practice is known as 'tombstoning' and this time it was Pavan Vyas, former adviser from Lionsgate ...

NZ Super posts record annual return

LAURA MILLAN  |  WEDNESDAY, 28 AUG 2013
The New Zealand Superannuation Fund has posted a record return of 25.8% in the 12 months to June 20, 2013. The fund is now worth $23 billion, $4 billion more than a year ago, when it was worth $19 billion. NZ Super previous highest annual return was ...

Market Wrap AM

AAP  |  WEDNESDAY, 28 AUG 2013
The Australian market looks set to open lower following a plunge on Wall Street as the US investors eye possible military intervention in Syria. At 0800 AEST on Wednesday, the September share price index futures contract was down 55 points at 5,068. ...

Bowen and Cormann at odds over adviser enshrinement

LAURA MILLAN  |  TUESDAY, 27 AUG 2013
The debate around the enshrinement of the term 'financial planner' has revealed division between Treasurer Chris Bowen and shadow Minister for Financial Services and Superannuation Mathias Cormann. "An important priority for a re-elected Rudd Labor ...