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Showing 3191 - 3200 of 7101 results for "June 2011"

ACE forced to pay $1m for poor Combined sales culture

MARK SMITH  |  FRIDAY, 26 FEB 2016
ASIC has accepted an enforceable undertaking (EU) from ACE Insurance following an investigation into one of its divisions, Combined Insurance. Under the EU, ACE Insurance is required to appoint an independent expert to review Combined's compliance systems ...

Charter Hall reports $143m profit

MARK SMITH  |  THURSDAY, 25 FEB 2016
Charter Hall Group has reported statutory profit after tax of $143.5 million, up 259.6%, for the six months to 31 December. The number includes $89 million from property valuation gains. The company also saw 17% growth in funds under management to $15.9 ...

Australian wages grow slowest on record but real is better

BENJAMIN ONG  |  THURSDAY, 25 FEB 2016
The Australian Bureau of Statistics' (ABS) latest update on wages may have disappointed expectations but also confirmed what workers have been experiencing all along. The Wage Price Index - total hourly rates of pay excluding bonuses - grew by 2.2% ...

Blue Sky lifts profits

MARK SMITH  |  MONDAY, 22 FEB 2016
Blue Sky Alternative Investments has lifted its half year net profit after tax to $4.4 million, up 69% on the first half of FY15. The company also grew its revenue 44% to $23.8 million. The company now expects its underlying NPAT for the year ending ...

Returns gap fuels 'dashboard' debate

ALEX BURKE  |  MONDAY, 22 FEB 2016
A revival of industry fund outperformance could play a major role in ongoing policy debate that is splitting the superannuation industry into two distinct factions. New research from Rainmaker Information, released in the latest edition of the Rainmaker ...

IAG appoints new chair

ALEX BURKE  |  THURSDAY, 18 FEB 2016
IAG has appointed the former chief executive of Deutsche Asset Management Australia as its new chair. Elizabeth Bryan has been a director of IAG since December 2014 and became deputy chair in June 2015. She is also the chair of Virgin Australia and ...

ASFA chief executive Vamos to step down

MARK SMITH  |  WEDNESDAY, 17 FEB 2016
Association of Superannuation Funds of Australia (ASFA) chief executive Pauline Vamos has decided that the time is right to step down after eight and a half years in the role. The ASFA board will shortly commence recruitment for her replacement and ...

SMSFs sell-down ASX favourites for global stocks

MARK SMITH  |  MONDAY, 15 FEB 2016
SMSF trustees are reducing their exposure to the largest Australian companies and increasing investments in international equities through managed funds, according to the latest Multiport SMSF Investment Patterns Survey. In the December 2015 quarter ...

New super data adds more disclosure

DARREN SNYDER  |  THURSDAY, 11 FEB 2016
The first wave of new superannuation data collected and distributed by the Australian Prudential Regulation Authority (APRA) can only add to debate around disclosure rules for super funds. APRA's annual superannuation bulletin now has data that includes ...

More help wanted

BENJAMIN ONG  |  TUESDAY, 9 FEB 2016
If anything, the continued increase in Australian job advertisements affirm the Reserve Bank of Australia's (RBA) positive take on the domestic labour market. In its February Statement on Monetary Policy, the Australian central bank noted that, "A concentration ...