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Showing 3511 - 3520 of 6251 results for "December 29"

Challenger in $602m alliance with Federation shopping malls

MARK SMITH  |  THURSDAY, 6 JUN 2013
Challenger has entered into an agreement to buy half shares in six Federation shopping malls in a deal worth $602 million. The asset manager will take a 50% stake in regional shopping centres in Bankstown and Roselands in New South Wales as well as ...

APRA sets dates for ERF transitions

JAMES FERNYHOUGH  |  MONDAY, 3 JUN 2013
The Australian Prudential Regulation Authority (APRA) has published the final superannuation prudential standard SPS 450 Eligible Rollover Fund (ERF) Transitions together with the response to consultation. This prudential standard will take effect on ...

Banks shift gears on technology spend

LAURA MILLAN  |  MONDAY, 3 JUN 2013
After years of technology investment focused on developing infrastructure, banks and fund managers are pinning their hopes on better customer-centric IT solutions to gain market share. "Technology is going to be paramount for this industry," Colonial ...

March sees moderate growth in super contributions

LAURA MILLAN  |  FRIDAY, 31 MAY 2013
Contributions to superannuation funds were moderate in March, with discretionary contributions growing strongly, but compulsory flows slightly falling. The latest Bond Report by the Financial Services Council (FSC) shows that discretionary contributions ...

Two Storm victims to receive $1.1m in compensation

MARK SMITH  |  WEDNESDAY, 29 MAY 2013
BOQ, Senrac and Macquarie have agreed to pay $1,100,000 in compensation for losses made by former Storm investors Barry and Deanna Doyle. The figure was calculated by independent experts and Australian Securities and Investment Commission (ASIC) under ...

ATO reveals dip in number of new SMSFs

JAMES FERNYHOUGH  |  TUESDAY, 28 MAY 2013
The growth of self-managed superannuation funds (SMSFs) slowed significantly in the first quarter of 2013, according to figures released by the Australian Tax Office (ATO). Only 5,840 new SMSFs were created in the March quarter, compared with 9,748 ...

New chairman appointed at BOQ

ALICE URIBE  |  TUESDAY, 28 MAY 2013
Current Bank of Queensland director Roger Davis will take over the role of chairman, after the retirement of incumbent Neil Summerson. Summerson announced at the annual general meeting in December 2012 that he intended to step aside in 2013. He will ...

Careful of the recession you wish for

BENJAMIN ONG  |  MONDAY, 27 MAY 2013
More often than not, it's good to know that one is in good company. I bet not a few of you gentle readers believed more the "Fed would unwind soon" headlines than this column's musing that, "that time is not yet". Yeah, the equity markets' performance ...

APRA delays collection of super reporting form

LAURA MILLAN  |  FRIDAY, 24 MAY 2013
The Australian Prudential Regulation Authority (APRA) has delayed the collection of the Superannuation Reporting Form under the SuperStream reform. APRA had scheduled the beginning of the collection of the form for the first quarter of 2013-2014, but ...

AUI investors approve property fund merger

MARK SMITH  |  FRIDAY, 24 MAY 2013
Investors in Australian Unity Investments' (AUI) Second Industrial Trust (SIT) have voted in favour of a merge with AUI's Office Property Fund (OPF) at a meeting of investors in Melbourne. The proposal, which had the support of 89.8% of voters, will ...