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Showing 3401 - 3410 of 6681 results for "Sale"

FWC halts default super review

JAMES FERNYHOUGH  |  WEDNESDAY, 11 JUN 2014
The Fair Work Commission (FWC) has said it will halt its selection of MySuper funds as default funds under modern awards, after the full Federal Court found the expert panel was incorrectly constituted. In a statement released yesterday the president ...

Wanted: $20bn electricity investor for NSW

ALEX DUNNIN  |  WEDNESDAY, 11 JUN 2014
... parliamentary caucus has agreed to a sell-off part of its state's electricity poles and wires distribution network, with an expected sale price of $20 billion to be presented to institutional investors. The agreement was reached after NSW Nationals MPs ...

Market wrap

AAP  |  WEDNESDAY, 11 JUN 2014
The share market is weaker than expected in early trade due to a fall in iron ore prices and weak consumer confidence. Local stocks had been expected to open flat or slightly higher after a steady session in the US overnight and European stocks rose. ...

Power sell off approved by NSW govt

AAP  |  TUESDAY, 10 JUN 2014
The NSW government has approved the multi-billion dollar partial sale of its electricity network assets and will take the controversial policy to the next election. Coalition MPs agreed to privatise 49 per cent of the poles and wires assets on 99-year ...

Abbott eyes Canadian pension money

JAMES FERNYHOUGH  |  TUESDAY, 10 JUN 2014
Prime Minister Tony Abbott has encouraged Canadian pension funds to invest in Australian infrastructure. Speaking alongside Canadian Prime Minister Stephen Harper in Ottawa, Abbott said he wanted to see more Canadian investment in Australia. "I know ...

FSC and ISA both claim Federal Court victory

JAMES FERNYHOUGH  |  TUESDAY, 10 JUN 2014
Both the Financial Services Council (FSC) and Industry Super Australia (ISA) have claimed a victory in the Federal Court, even though the court's orders essentially uphold the FSC's objections. At the end of Friday's hearing over the composition of ...

Market wrap

AAP  |  TUESDAY, 10 JUN 2014
The share market has opened higher after positive leads from the United States. With trade resuming after a public holiday, local investors were pricing in further gains that took Wall Street to fresh highs in recent sessions, IG market strategist Stan ...

EQT receives approval for ANZ Trustees acquisition

STAFF WRITER  |  FRIDAY, 6 JUN 2014
... Treasurer Mathias Cormann has provided the approval, the company told the Australian Securities Exchange (ASX). "As such, the sale and purchase agreement with ANZ is now unconditional," EQT said. EQT added that the relevant employees at ANZ Trustees ...

NAB business growth manager joins Fortnum

LAURA MILLAN  |  FRIDAY, 6 JUN 2014
National Australia Bank (NAB) Wealth and MLC business growth manager for New South Wales will join Fortnum Financial Group as national sales manager. Joel Taylor will be responsible for building relationships with new and existing member firms, and ...

FEATURE: Bulldozing the infrastructure roadblocks

JAMES FERNYHOUGH  |  FRIDAY, 6 JUN 2014
In May, Prime Minister Tony Abbott made good on his promise to be an 'infrastructure prime minister', dedicating billions of dollars to infrastructure development in the budget. But is this enough to get the bulldozers bulldozing? James Fernyhough takes ...