Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 11 - 20 of 21 results for "Handshake"

Can this latest kick of the can can?

BENJAMIN ONG  |  MONDAY, 2 JUL 2012
... before the measures "agreed" upon at the summit come into effect. One example used to support this argument is that the handshake to recapitalise banks directly wouldn't come into force until a "single supervisory mechanism is established." And this ...

PIG now officially PIGS

BENJAMIN ONG  |  TUESDAY, 12 JUN 2012
... Ireland and Portugal, and that's that. You can tell Rajoy must be so pleased with himself after getting the 100 bil handshake that he flew to Poland almost straight after. No. Not to get Poland's backing but to be at ringside watching the soccer match ...

Hero to Zero

BENJAMIN ONG  |  MONDAY, 7 NOV 2011
... a,-14.09 in taxes over five years. Zero. And then, wham bam, dear George crossed his fingers and announced that Europe's handshake shouldn't be with him but with the Greek people. He's putting the deal to a referendum. We gave the world democracy. We're ...

Disagreeing to agree

BENJAMIN ONG  |  THURSDAY, 20 OCT 2011
... Chancellor Merkel and finance minister Schaeuble's reply the very next day. The there were reports of a Merkel-Sarkozy handshake over expanding the EFSF from a,-440 bil to up to a,-2 tril until other reports quoting unnamed EU officials saying, "no ...

It's a deal

BENJAMIN ONG  |  MONDAY, 1 AUG 2011
... despite not a single soul - ok, maybe a few -- really convinced that the debt ceiling negotiations wouldn't end in a handshake when the clock strikes 12. Even those making the negotiations said so themselves. Before the "deal" announcement, Senate Majority ...

All clear for a bail

BENJAMIN ONG  |  WEDNESDAY, 22 JUN 2011
... start holding a garage sale of Greek assets. The EU/ECB/IMF would see this as good and Greece will be rewarded with a handshake and a suitcase containing a,-12 billion. News flash: "Papandreou Wins Confidence Vote, Raising Rescue Chances" (Bloomberg). ...

ESG a fiduciary duty: Sherry

ALEX DUNNIN  |  THURSDAY, 7 MAY 2009
Trustees have a fiduciary duty to take long term factors, including ESG considerations, into account when selecting and managing investments, said Senator Nick Sherry. Senator Sherry, speaking at this morning's Finsia's leadership forum, said this is ...

Pay to perform

MICHELLE BALTAZAR  |  THURSDAY, 19 MAR 2009
The Federal Government is granting super funds and fund managers more powers to reject or approve executive remuneration schemes, marking the end of an era blotted by outrageous 'golden handshakes' and excessive bonuses. Under legislative reforms announced ...

NAB prompts Labor to take aim at golden handshakes

AAP  |  TUESDAY, 3 FEB 2004
... outgoing executives against tax, Labor said today, as bank boss Frank Cicutto prepared to receive a $3 million golden handshake. Mr Cicutto announced his resignation from the National Australia Bank (NAB) yesterday amid ongoing fallout over $360 million ...

Labor to crack down on corporate crooks

AAP  |  FRIDAY, 30 JAN 2004
Labor will crack down on corporate crooks and give shareholders a vote on executive pay packages and golden handshakes under reforms endorsed by the ALP national conference today. Labor's economic platform will also clear the way for Opposition Leader ...