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Showing 2991 - 3000 of 5919 results for "March 24"

Accountant pays $10,000 fine for $100,000 fraud

LAURA MILLAN  |  FRIDAY, 3 OCT 2014
A former Perth company director will have to pay a $10,000 fine after inducing a 70-year-old investor to give his business a cheque for $100,000 and then using it for his own purposes. Andy Kay Hooi Lim saw his 12 months jail sentence wholly suspended ...

Market Wrap AM

AAP  |  FRIDAY, 3 OCT 2014
The Australian market looks set to open lower after an almost flat end to trading in on Wall Street and a fall in metals prices. At 0651 AEST on Friday, the September share price index futures contract was down 21 points at 5,262. The stock market in ...

New masters of universe

BENJAMIN ONG  |  THURSDAY, 2 OCT 2014
Looks like Halloween has come early to Wall Street. Equity indices fell -- big time -- on 'The Street' right at the stroke of October. The Dow's down 1.4% (with Transport down 2.5%); the S&P 500 fell 1.3%; the Nasdaq's off 1.6% and the Russell 2000's ...

Misleading PDS costs NAB $10,200

LAURA MILLAN  |  WEDNESDAY, 1 OCT 2014
Making potentially misleading statements in a product disclosure statement (PDS) has seen National Australia Bank (NAB) get a $10,200 penalty from the Australian Securities and Investments Commission (ASIC). The regulator was concerned that the PDS ...

October h(a)unting

BENJAMIN ONG  |  WEDNESDAY, 1 OCT 2014
an you feel it? Can you feel it? Can you feel it? The heebie-jeebies, that is, coz it's October. September maybe the month which, on average, is the worst month of the year but October - few and far between they may be - is the month of spectacular ...

BlackRock opens global fixed income fund to local investors

MARK SMITH  |  TUESDAY, 30 SEP 2014
BlackRock has opened its Fixed Income Global Opportunities Fund (FIGO) to Australian investors. FIGO is a flexible global multi-sector fixed income strategy that seeks to achieve a positive total return. While the fund is not tied to a benchmark, it ...

Hot property on notice

BENJAMIN ONG  |  THURSDAY, 25 SEP 2014
Cool it or we'll hose you down! That's the overriding message to the property market of the Reserve Bank of Australia's (RBA) September Financial Stability Review. While the Australian central bank also warned against rising property prices in March  ...

Dover in search of compliance staff

LAURA MILLAN  |  TUESDAY, 23 SEP 2014
Dealer group Dover Financial Advisers has appointed a new executive to the compliance team and identified the need for at least two more to accommodate advice firms' growth. According to the latest Rainmaker Advantage report from March 2014, Dover is ...

Aluminum windows and ferries: the case for small-cap investing

LAURA MILLAN  |  MONDAY, 22 SEP 2014
With most investors allocating much of their equity towards the big four and resources, Perennial Investment Partners has made a case for investing in small companies that make aluminum windows or own the Kangaroo Island ferries. "We see some near-term ...

Regal named Australian hedge fund of the year

ALICE URIBE  |  FRIDAY, 19 SEP 2014
Sydney based long/short equity manager Regal Funds Management (Regal) was the big winner at last night's Hedge Fund Awards held at the Westin Hotel in Sydney. Now in their 12th year the awards were handed out at Hedge Funds Rock, an event that also ...