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Showing 2831 - 2840 of 2989 results for "ARRA"

ASIC halts illegal early release super schemes

The Federal Court has issued permanent injunctions against Nigel McRae, also known as Ross McKenzie, and Stephen Evans for their involvement in illegal schemes arranging the early release of over $3.5 million in Australian superannuation benefits accumulated ...

Insurance agent sentenced for fraud

The Melbourne County Court has sentenced John Raymond Burton-Clay to 15 months imprisonment suspended for two years after he pleaded guilty to obtaining a financial benefit by deception, theft and obtaining property by deception between July 2001 and ...

Fujitsu super outsourced to Russell

Fujitsu super has outsourced its $160 million supernnuation fund to Russell Investment's corporate master trust, Super Solution. The move follows Russell's recent acquisition of Towers Perrin's HR Services business in Australia. Russell's managing director ...

Macquarie, Leighton shares up after tollway news

AAP  |  THURSDAY, 14 OCT 2004
Shares in Macquarie Bank Ltd and Leighton Holdings Ltd surged today after a consortium in which they are members was named preferred tenderer for the $2.5 billion Mitcham-Frankston freeway project. The Victorian government today named the ConnectEast ...

Qantas announces $1.9 billion bank facility

AAP  |  WEDNESDAY, 6 OCT 2004
Qantas Airways Ltd today announced a $1.9 billion bank facility, slightly lower than its intention to refinance $2.1 billion. Qantas chief financial officer Mr Peter Gregg said the refinancing had been launched in August and was heavily oversubscribed ...

Challenger mortgage business launches record bond issue in Aust

AAP  |  FRIDAY, 1 OCT 2004
Challenger Financial Services Group today said its wholly-owned wholesale mortgage finance business Interstar Securities had successfully launched the largest issue of net interest margin bonds ever offered publicly in the Australian market. The $180 ...

ASIC bans options broker and adviser for 5 years

AAP  |  FRIDAY, 1 OCT 2004
An unlicensed financial adviser and a former options broker have been banned from providing financial services for five years over a failed trading strategy that cost nearly 100 clients $15 million. The Australian Securities and Investments Commission ...

Qantas flies its fixed interest with Perennial

Qantas Superannuation has appointed Perennial Investment Partners to manage its fixed interest mandate. Perennial's head of fixed interest Glen Feben will be responsible for managing the new Australian Core Plus mandate of $210 million. "Qantas has ...

MFS acquires 18.85 per cent stake in BreakFree

AAP  |  THURSDAY, 30 SEP 2004
Boutique fund manager MFS Group on Wednesday acquired an 18.85 per cent stake in resorts operator BreakFree for $24.9 million. MFS acquired the stake, or 8.3 million shares, primarily from the Breakfree co-founders the Frawley family and managing director ...

Choice a good place to start: MLC

The introduction of choice of fund will be a major encouragement for Australians to take a greater interest in their superannuation, MLC said on Tuesday. But the country's largest wealth manager also said it thought the new regime which takes effect ...