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Showing 2851 - 2860 of 5005 results for "CAM"

Gunns chair pleads guilty to insider trading

JAMES FERNYHOUGH  |  TUESDAY, 6 AUG 2013
John Gay, the former chairman of forestry company Gunns Limited, has pleaded guilty to insider trading. In December 2009, Gay sold 3.4 million shares in Gunns when he had inside information that the company's was faring poorly. When the company's half-year ...

Industry asks for stronger consultation after elections

LAURA MILLAN  |  MONDAY, 5 AUG 2013
The financial services industry welcomed September 7 as the date for the federal elections, and has asked for stronger and more transparent consultation process once the result no matter what the result is. The Institute of Chartered Accountants Australia ...

Election too close to call

MARK SMITH  |  MONDAY, 5 AUG 2013
With Treasurer Chris Bowen's campaign influencing declaration that a re-elected Labor government wouldn't make any significant changes to policy affecting the nation's superannuation savings still being digested by conference delegates, the Financial ...

Industry applauds ISN-FSC union

JAMES FERNYHOUGH  |  MONDAY, 5 AUG 2013
The industry has reacted positively to Thursday's joint announcement that the Industry Super Network (ISN) and the Financial Services Council (FSC) will form a union. Pauline Vamos, chief executive of the Association of Superannuation Funds of Australia ...

Bank levy upsets senior lobby

JAMES FERNYHOUGH  |  FRIDAY, 2 AUG 2013
Lobby group National Seniors Australia have criticised the government's plan to put a 0.05% levy on bank deposits in 2016, saying it will force pensioners into riskier investment alternatives. National Seniors Australia chief executive Michael O'Neill ...

Cormann commits to change in face of Labor moratorium

MARK SMITH  |  THURSDAY, 1 AUG 2013
Shadow minister for financial services and superannuation Matthias Cormann has echoed Treasurer Chris Bowen's calls for super certainty but refused to back a five-year moratorium on changes to the system. Bowen laid down a challenge to the Coalition ...

Senior CBA exec puts blame on the bank for Storm disaster

LAURA MILLAN  |  THURSDAY, 1 AUG 2013
Senior Commonwealth Bank (CBA) executive Ian Bailey declared that the bank's retail division had a role in the collapse of Storm Capital in January 2009. A document detailing an examination to Bailey by the Australian Securities and Investments Commission ...

ASFA calls for clarity on Labor's super law freeze

JAMES FERNYHOUGH  |  THURSDAY, 1 AUG 2013
The Association of Superannuation Funds of Australia has called on the government to clarify whether the announced but yet-to-be-legislated superannuation reforms will be dropped as part of Labor's promise of a five-year super tax freeze. ASFA chief ...

Market Wrap AM

AAP  |  THURSDAY, 1 AUG 2013
The Australian market looks set to open flat following gains on Wall Street after data showed second-quarter US gross domestic product grew better than had been expected. US GDP grew 1.7 per cent in the quarter, above the 1.1 per cent pace expected ...

Financial literacy in retirement a human rights issue: AHRC

JAMES FERNYHOUGH  |  WEDNESDAY, 31 JUL 2013
Financial literacy among retirees has become a human rights issue, with the release of a manual aimed at helping people prepare for retirement by the Australian Human Rights Commission (AHRC). The release coincided with a call from National Seniors ...