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

Search Results

Showing 3401 - 3410 of 4761 results for "July 2011"

JPMorgan execs to resign over US$2bn trading loss

MELANIE TIMBRELL  |  MONDAY, 14 MAY 2012
Three JPMorgan Chase executives will resign this week following a US$2bn trading loss of synthetic credit securities, according to reports out of New York. The Wall Street Journal has named Ina Drew, chief investment officer and head of the risk-management ...

Budget increase may damage property business growth

RACHEL DAVIS  |  MONDAY, 14 MAY 2012
An increase in the withholding tax rate for international investors could damage the growth prospects of the Australian property investment management business, according to Atchison Consultants. The Government announced last week in the Budget that ...

MIT Budget inconsistencies spark concern

MELANIE TIMBRELL  |  THURSDAY, 10 MAY 2012
The surprise doubling of withholding tax for foreign investment in managed investment trusts has been criticised as inconsistent with the IMR initiative. In a budget analysis, Russell Investments has called the move on MIT withholding tax a "significant ...

Scare me not

BENJAMIN ONG  |  THURSDAY, 10 MAY 2012
Hang on to your hats folks, cause here we go again. Back to extrapolating current gloom into doom and forgetting that these were exactly the ones that provided good entry points in the markets. The scaredy cats are running for the hills again. Want ...

Market Wrap

AAP  |  THURSDAY, 10 MAY 2012
The Australian market looks set to open lower after the US and European bourses fell as investors sought shelter from strains in the eurozone driven by political upheaval in France and Greece. At 0855 AEST on Thursday, the June share price index futures ...

Australia's finely balanced $376bn budget

ALEX DUNNIN  |  WEDNESDAY, 9 MAY 2012
Australia's $376 billion government budget announced last night included a forecast $1.5 billion surplus in 2012-13 that will increase steadily to $7.5 billion over the next four years. This turnaround in Australia's fiscal position is remarkable given ...

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 ...

Merlon fund switches to monthly distributions

BEN COLLINS  |  MONDAY, 7 MAY 2012
The Merlon Wholesale Australian Share Income Fund will pay investors on a monthly basis in the future, with the aim of better aligning the fund with the income needs of post-retirement investors. The monthly distributions will be effective from July  ...

Bumps along the way

BENJAMIN ONG  |  MONDAY, 7 MAY 2012
US Payrolls. What is it good for? Absolutely nothing. Yes Virginia, the greatly speculated, the much awaited, the indicator that'll set the tone in the financial markets over the next four weeks, that mother of all eco stats -- the US Non-farm Payrolls ...

Wealthtrac re-signs Oasis

MELANIE TIMBRELL  |  FRIDAY, 4 MAY 2012
Independent platform provider Wealthtrac has re-signed with ANZ OnePath's Oasis Asset Management in a six-year service level agreement. "The Wealthtrac model is different to many platforms, as the advisers who use it become beneficiaries of the Trust ...