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| | | ... points (0.49 per cent). In local equities news, Country Road has agreed to buy fellow fashion retailer Witchery Australia for $172 million. Country Road shares were in a trading halt after last trading at $3.24. The big miners and the four major banks ... |
| | | | ... belonged to investors in Master Fund and 13 other schemes not registered with ASIC. ASIC had that money returned to Australia for the benefit of investors, including almost US$1 million for investors in Master Fund. ASIC is taking civil penalty action ... |
| | | | ... comply with G20 commitments following the GFC. In attempting to increase the use of centralised infrastructure in Australia for OTC derivatives trading, The Council of Financial Regulators recommended development of a legislative framework that allows ... |
| | | | ... affordability problem in Australia being amongst the worst in the western world. But Saul Eslake, chief economist in Australia for the Bank of America and long time observer of the housing market in Australia, has said numerous times that the broader ... |
| | | | ... value were down 61% in Australia and 4% in Asia for the same period. IPOs by value were down 48% in Asia and 87% in Australia for calendar year 2011 compared with 2010," said Moore. However, Macquarie's three annuity-style businesses - Macquarie Funds ... |
| | | | ... risk within our increasingly precarious financial systems," said Graeme Miller, director of investment services, Australia for Towers Watson. "At the same time, risk management processes have evolved somewhat to factor in more qualitative measures. However ... |
| | | | ... involvement in the development of the ASX Shares settlement system, the development of the Master Custody system in Australia for Super funds and later the Founder in 1994 of the Australian Custodial Services Association. Fergus Ryan was honoured with ... |
| | | | Bendigo and Adelaide Bank has acquired 100% of the Bank of Cyprus Australia for $130 million with a $120 million share placement to selected institutional investors also underway. Bendigo and Adelaide Bank (BEN) reached agreement with the Bank of Cyprus ... |
| | | | ... property funds management, said in a media briefing that AMP has a fairly optimistic view of direct real estate in Australia for 2012 with returns predicted of around 8.5 - 9.5%. When asked whether more super funds would invest in direct property, Judd ... |
| | | | ... resources news, Atlas Iron has bought Gondwana Resources' 90 per cent stake in the Corunna Downs project in Western Australia for $2.1 million in cash. Atlas shares were 0.5 cents, or 0.16 per cent, lower at $3.16. In other news, Tiger Airways has been ... |
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