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Showing 3501 - 3510 of 4013 results for "Accounts"

Macq to sell investment lending arm

MICHELLE BALTAZAR, MICHAEL HOBBS  |  FRIDAY, 26 SEP 2008
... not be financially material to the overall group as the investment lending business, which takes up $3 billion in the accounts, contributes less than one per cent of group profits. Meanwhile, David Curry, St.George Bank general manager of margin lending ...

NAB Super ups employer contribution

RUTH LIEW  |  WEDNESDAY, 24 SEP 2008
... insurance and administration costs remain the same. This means 9.5 per cent of TRP will now be allocated to employee member accounts from that date, an increase from 9.4 per cent. However this new rate does not apply to members of the A3 (Defined Benefit) ...

AMP taps first home saver market

RUTH LIEW  |  MONDAY, 22 SEP 2008
AMP Banking is offering first home saver accounts (FHSAs) which boasts an 8 per cent interest rate per annum. AMP is launching the new account from the beginning of October, which will see borrowers pay an introductory variable interest rate of eight ...

AusSuper saves members $15m

MICHAEL HOBBS  |  THURSDAY, 18 SEP 2008
... campaign, who were at risk of paying the penalty tax rate, received total contributions of almost $48 million into their accounts during 2007/2008 tax year," said Ian Silk, AustralianSuper chief executive. "The non-supply of tax file numbers remains ...

Korean fund administrator hires SmartStream

RUTH LIEW  |  WEDNESDAY, 17 SEP 2008
... calculations and reports across their portfolios and is implementing TLM Corporate Actions to feed corporate events into these accounts. TLM's functionality will enable Shinhan Aitas to manage timely responses to events and monitor their processing requirements ...

ASIC freezes $1m investor funds

MICHAEL HOBBS  |  TUESDAY, 16 SEP 2008
... gaining an interim order from the Supreme Court of New South Wales. The court order freezes offshore securities trading accounts in the Secured Bond Master Fund scheme, which is made up of funds from over 40 Australian investors. These investors are ...

Mariner to shed more light on restructure

MICHELLE BALTAZAR  |  MONDAY, 15 SEP 2008
... recapitalisation of the business. Shares in Mariner were suspended on 1 September after the group failed to lodge its accounts for the year to June with the ASX on time. The day before, the company said that it is "in discussions with an investor group" ...

ShareInvest gets Lonsec approval

MICHAEL HOBBS  |  MONDAY, 15 SEP 2008
... they know it's been given the big tick by Lonsec, who've checked it for functionality and scaleability of our management accounts platform," said Stephen Karrasch, OneVue head of sales. The product requires a $25,000 minimum investment and third party ...

AUSCOAL switches to weekly

MICHELLE BALTAZAR  |  MONDAY, 8 SEP 2008
... financial year, investment earnings, which may be positive or negative, will be declared weekly and applied to member accounts on a weekly basis. For benefit and pension withdrawals, the latest weekly crediting rate will be applied for the period where ...

Weak growth confirms RBA cut

BENJAMIN ONG  |  THURSDAY, 4 SEP 2008
The latest National Accounts figures gave credence to the Reserve Bank of Australia's decision to lower the official cash rate by 25 basis points to 7 per cent. Australian real gross domestic product advanced by a meagre 0.3 per cent in the June quarter ...