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Showing 351 - 360 of 364 results for "ASC"

ASIC conducts searches in Sydney for Alpine Investigation

AAP  |  FRIDAY, 14 NOV 2003
... Securities Commission that he did not know who owned the stake, which was held in the names of two Swiss banks. At the time, the ASC began legal action to force the banks to reveal the investors' identities but was unsuccessful because of strict Swiss ...

Government says tax reforms will assist public private partnerships

AAP  |  TUESDAY, 11 NOV 2003
Federal tax reforms targeting joint ventures between governments and private investors should ensure benefits go to the parties who bore the economic risk of a project, a business conference was told yesterday. Federal Treasury business income general ...

Macarthur Cook announces expansion plans

The St George Bank group has taken a strategic stake in listed boutique property fund manager Macarthur Cook Limited, which in turn has announced the acquisition of National Australia Fund Management Limited. Ascalon Capital Managers Limited, the vehicle ...

Host Super changes name to Intrust

Hospitality and tourism industry fund Host Super has changed its name to Intrust Super Fund, it has announced. However, it said the name of the trustee company that governs the Fund would, for legal reasons, remain as Host-Plus (Qld) Pty Ltd. "The superannuation ...

S&P research reveals turnover frequency of funds impacts long-term returns

In recent research conducted by Standard and Poor's in the US of 15,000 domestic mutual funds, it was ascertained that funds with a lower than average turnover had outperformed their high turnover peers in all nine domestic fund styles on a three and ...

ASIC clarifies action relating to chairman's former legal partner

... Collie's role in the scheme, and subsequent consideration by ASIC and its antecedent, the Australian Securities Commission (ASC), to disqualify Mr Collie from being a company director. The report did not allege any involvement of Mr Knott in the tax ...

Morning market wrap: US bonds weaker on strong labour data

US bond yields renewed their ascent of recent weeks, spurred by data from the US Labor Department showing a sharp drop in initial claims for unemployment benefits in mid-July. Claims fell 29,000 to 386,000 in the week to 19 July, the first time the ...

Morning market wrap: US Shares up, Australian dollar slumps

US shares continued their ascent Tuesday, buoyed by a wave of merger and acquisition activity. Data storage company EMC Corp. announced the acquisition of Legato Systems Inc., while auto parts manufacturer ArvinMeritor Inc. launched a hostile cash bid ...

Midday market wrap: Australian shares open lower

Australian shares opened lower, following a night of losses on US markets. Major US indexes all finished lower as the Federal Reserve opted to cut the funds rate by 25 basis points, in contrast to 50 points expected by some investors. Local declines ...

Two company directors jailed: ASIC

The Australian Securities and Investments Commission (ASIC) announced today that two former directors of Acts Net have been sentenced to jail today following their guilty pleas to a number of charges brought by the commission. Geoffrey Milner of Mildura ...