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

Search Results

Showing 3431 - 3440 of 6696 results for "Securities"

ASX flags concerns over losing single operator status

LINDA HAUSKEN  |  TUESDAY, 14 AUG 2012
The Australian Securities Exchange raises a red flag over any loss of its current monopoly on clearing and settlement - claiming the country's financial market stability might be at risk. Up until now the ASX have been the single operator of clearing ...

Swan talks up bank reforms for competition

MELANIE TIMBRELL  |  MONDAY, 13 AUG 2012
... said banking reforms including banning mortgage exit fees on new home loans; investing in residential mortgage-backed securities; establishing a permanent scheme to protect deposit funding; introducing a mandatory one-page fact sheet for home loans and ...

Conflicts of interest worry ASIC

LINDA HAUSKEN  |  FRIDAY, 10 AUG 2012
Following its recent review of the asset consultant industry, the Australian Securities & Investments Commission (ASIC) has expressed concerns over fee structure conflicts of interest based on preferring services. ASIC conducted the review as part of ...

APA ups HDF offer

BEN COLLINS  |  FRIDAY, 10 AUG 2012
... superior to the Pipeline Partners Australia offer for HDF," APA chairman Len Bleasel said in a statement to the Australian Securities Exchange (ASX). If the offer is accepted, APA said that it would raise $350 million to help fund the takeover by issuing ...

ASIC bans ABC LC auditor

BEN COLLINS  |  THURSDAY, 9 AUG 2012
The Australian Securities & Investments Commission has banned an ABC Learning Centres auditor from practicing for five years. The Australian Securities & Investments Commission (ASIC) said it has accepted an enforceable undertaking (EU) from Brisbane ...

Bendigo offloads IOOF stake

LINDA HAUSKEN  |  THURSDAY, 9 AUG 2012
... has sold its 7.8% stake in wealth management firm IOOF Holdings, worth $110 million. In a statement to the Australian Securities Exchange (ASX) Bendigo and Adelaide Bank said the sale was conducted at $6.16 a share and is expected to improve its statutory ...

Folkestone forced to pay cash

BEN COLLINS  |  THURSDAY, 9 AUG 2012
... sale agreement, Folkestone has elected to pay the entire consideration in cash," the company said in an Australian Securities Exchange (ASX) announcement yesterday. The PDF is an arm of Innovation Australia - an independent statutory body established ...

Market Wrap

AAP  |  THURSDAY, 9 AUG 2012
... September share price index futures contract was four points higher at 4,284, with 6,497 contracts traded. Cameron Securities adviser Henry Jennings said resources were performing well at the open after Rio Tinto on Wednesday provided a bullish outlook ...

Brierley bids for wound-down scheme

BEN COLLINS  |  WEDNESDAY, 8 AUG 2012
... he took control of the India Equities Fund in January. Shares in Mercantile rose 2.5% to 8.2 cents on the Australian Securities Exchange (ASX) yesterday and have gained 18% this year. Before the Adelaide Managed Funds Asset Banked Yield Trust was removed ...

Dunn loses bonus shares

BEN COLLINS  |  WEDNESDAY, 8 AUG 2012
... performance hurdles, measured over a three year period, from 1 August 2009 to 31 July 2012. In a statement to the Australian Securities Exchange (ASX) yesterday, AMP said "These rights have lapsed as the performance hurdles were not met." In 2009 AMP ...