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Showing 3481 - 3490 of 7101 results for "June 2011"

Blue Sky reports $2.6 million profit

STAFF WRITER  |  TUESDAY, 24 FEB 2015
Blue Sky Alternative Investments has reported an underlying net profit after tax of $2.6 million for the half year ending 31 December 2014. Underlying revenue stood at $16.5 million, up from $7.2 million in the prior corresponding period. The directors ...

Mind over matter

BENJAMIN ONG  |  TUESDAY, 24 FEB 2015
Unlike the Greek tragedies of bailout past, investors appear to be taking a mind over matter attitude towards Grexit these days - that is, if you don't mind, it doesn't matter. The performance of the markets' fear gauge - the VIX index - tells us so. ...

Suncorp Life appoints distribution GM

LAURA MILLAN  |  MONDAY, 23 FEB 2015
Suncorp Life has appointed an executive general manager of distribution to face the challenging conditions of the life insurance industry. Andrew Mair will take over the role on March 9 and will report to Suncorp Life chief executive Geoff Summerhayes. ...

Breathing space or gasping room?

BENJAMIN ONG  |  MONDAY, 23 FEB 2015
"ATHENS - After nearly two weeks of tense negotiations, Greece and its troika of foreign creditors said Monday that they had clinched an agreement on economic measures that Athens must enforce to secure the release of further crucial rescue money." ...

Assistant Treasurer to consult with financial advice stakeholders

ALEX BURKE  |  FRIDAY, 20 FEB 2015
Assistant Treasurer Josh Frydenberg has announced he will discuss issues pertaining to professional, standards within the financial services industry with all relevant "stakeholders" prior to making any policy decisions. Noting the value of the Parliamentary ...

Insurers grow market share at cost of profits

ALEX BURKE  |  FRIDAY, 20 FEB 2015
The market share consolidation of Australia's four biggest wholesale insurers (TAL, AIA Australia, CommInsure and Metlife) is offset by declining profits in the long-term, according to Rice Warner's Wholesale Risk Insurance Report. The "big four" group ...

Magellan doubles profit, consolidates global presence

LAURA MILLAN  |  FRIDAY, 20 FEB 2015
Magellan Financial Group doubled its profit after tax to $77.4 million in the first half of financial year 2014-2015, while it kept strengthening its global presence. The group reported a revenue increase of 91% to $128.5 million during the six months ...

Market Wrap AM

AAP  |  MONDAY, 16 FEB 2015
The Australian market looks set to open higher following rises on international markets amid hope for Greece's bailout plan and a Ukraine ceasefire and strong economic data out of Germany. At 0807 AEDT on Monday, the March share price index futures ...

Ex-ANZ adviser sent to jail over $6m fraud

LAURA MILLAN  |  WEDNESDAY, 11 FEB 2015
A former ANZ financial adviser was jailed for six years and three months for defrauding over $5.9 million over a period of 20 years. Melinda Scott will serve three years and ten months in jail before being eligible for parole, the NSW District Court ...

Tsipras has a dream

BENJAMIN ONG  |  TUESDAY, 10 FEB 2015
... billion - reportedly what the government needs to meet debt repayments (a,-5 billion due next month) and its budget through June - with nary a condition. Talk about having your cake and eating it too and downing it with Moet & Chandon! The troika wouldn't ...