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Showing 3271 - 3280 of 5860 results for "West"

FOFA misses the mark on investment fraud

RACHEL DAVIS  |  FRIDAY, 18 MAY 2012
A finance industry lawyer has warned that the FOFA regulations will not prevent Trio, Storm and Westpoint-type disasters from occuring in the future. "There has been no real change to rules making early detection and pre-emptive enforcement easier against ...

Research: Australian private banks fall behind

MELANIE TIMBRELL  |  THURSDAY, 17 MAY 2012
Australian private banks have fallen behind the UK in satisfaction levels, according to research from CoreData. A quarterly survey of 1,722 Australians with more than $1 million excluding residence and superannuation found that only 33.1% currently ...

Grexit and the games people play

BENJAMIN ONG  |  WEDNESDAY, 16 MAY 2012
It is ironic that the country that brought the world the story of the "Sword of Damocles" is itself now that very sword dangling precariously above the heads of world financial markets. Any moment now. Events in Greece over the past few days have jacked ...

Aussie fund wins $1.1bn PNG super mandate

BEN COLLINS  |  TUESDAY, 15 MAY 2012
Ascalon aligned PacWealth Capital has been awarded a $1.1bn mandate to manage assets for the Papua New Guinea National Superannuation Fund. The National Superannuation Fund (NASFUND) was the first approved superannuation fund to be licensed by the central ...

Market Wrap

AAP  |  MONDAY, 14 MAY 2012
Australian shares were slightly higher at noon as the local market bounced back despite falls on Wall Street and European stocks. At 1200 AEST on Monday, the benchmark S&P/ASX200 index was up 6.8 points, or 0.16 per cent, at 4,291.9 points, while the ...

Hastings consortium snaps up de-sal plant

MELANIE TIMBRELL  |  FRIDAY, 11 MAY 2012
An international consortium including the Ontario Teachers Pension Plan and two funds owned by Westpac subsidiary Hastings Funds Management has signed off on a $2.3bn deal to lease the NSW desalination plant. Finalised only six days after offers were ...

Market Wrap

AAP  |  THURSDAY, 10 MAY 2012
Australian stocks were higher at noon, led by gains among resources-linked companies and in defiance of a weak lead from Wall Street. At 1210 AEST on Thursday, the benchmark S&P/ASX200 index was up 7.1 points, or 0.17 per cent, at 4,282.2 points, while ...

Market Wrap

AAP  |  WEDNESDAY, 9 MAY 2012
Australian shares opened lower after falls on Wall Street and the absence of an expected company tax reduction in the federal budget. At 1022 AEST on Wednesday, the benchmark S&P/ASX200 index was down 21.2 points, or 0.49 per cent, at 4,352.7 points ...

Compensation report finds against last resort scheme

RACHEL DAVIS  |  WEDNESDAY, 9 MAY 2012
The St. John report on compensation arrangements for consumers of financial services recommends strengthening existing compensation arrangements before implementing a 'last resort' scheme. The Compensation Arrangements for Consumers of Financial Services ...

Market wrap

AAP  |  TUESDAY, 8 MAY 2012
Australian shares were slightly higher at noon, after the local market bounced back in response to a better than expected day of trading on Wall Street. At 1200 AEST on Tuesday, the benchmark S&P/ASX200 index was up 5.5 points, or 0.13 per cent, at ...