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

Search Results

Showing 3911 - 3920 of 7106 results for "June 2023"

Gunns chairman avoids jail for insider trading

MARK SMITH  |  FRIDAY, 23 AUG 2013
Former Gunns chairman John Eugene Gay has avoided jail and instead been fined $50,000 and banned from managing a corporation for five years. Gay is the most senior executive to be convicted of insider trading in Australia and pleaded guilty to the crime ...

Super assets hit $1.6 trillion, investment returns at 4-year high

ALEX DUNNIN  |  THURSDAY, 22 AUG 2013
Superannuation assets surged 15.5% last financial year to reach $1.6 trillion, reveals the regulator APRA in its just released June report. The pace of the asset surge corresponds with the super fund industry achieving its best investment returns in ...

Liquidnet appoints sales manager for Australia

LAURA MILLAN  |  THURSDAY, 22 AUG 2013
Trading network Liquidnet has appointed a sales and relationship manager in Australia to manage the growing demand for the company's pool of liquidity to source and execute block trades As Liquidnet sales and relationship manager, Tristan Baldwin will ...

Australia outstrips US and UK in online trading

MARK SMITH  |  THURSDAY, 22 AUG 2013
Australia's adoption of online share trading platforms is outstripping the US and UK, according to a recent Investment Trends report. More than 530,000 Australians placed at least one share trade in the 12 months to June 2013, equating to 3.2% of the ...

Suncorp Life set for overhaul after 76% profit plunge

LAURA MILLAN  |  THURSDAY, 22 AUG 2013
Suncorp will overhaul its life risk business after net profit after tax dropped 76% in the past year and accounts now for less than 10% of Suncorp Group. Suncorp Life net profit after tax was $60 million, while its underlying profit was $120 million ...

Market Wrap

AAP  |  THURSDAY, 22 AUG 2013
Australian stocks are sharply lower as global markets continue to react to the latest news on stimulus tapering from the US Federal Reserve. At 1015 AEST on Thursday, the All Ordinaries was down 61.5 points, or 1.21 per cent, at 5,028. IG market analyst ...

Market Wrap

AAP  |  TUESDAY, 20 AUG 2013
Australian shares are lower as grim company outlooks and falls on international markets weigh down the market. At 1017 AEST on Tuesday, the All Ordinaries was down 49.7 points, or 0.97, at 5,052.6. CMC market analyst Michael McCarthy said the bleak ...

Investment income fuels life insurance sector

ALEX DUNNIN  |  TUESDAY, 20 AUG 2013
Life insurance industry figures released today by the Australian Prudential Regulation Authority (APRA) paint a picture of a robust industry albeit one preparing for some adjustment. In its June 2013 life insurance statistics report the regulator has ...

Annuity sales reinforce solid Challenger result

MARK SMITH  |  MONDAY, 19 AUG 2013
Challenger Limited's total assets under management (AUM) has risen 34% to $44.8 billion in the 12 months to 30 June 2013 following record flows into its annuities and funds management businesses. Earnings before interest and tax stood at $365 million ...

Performance fees boost K2 profits in 2013

MARK SMITH  |  MONDAY, 19 AUG 2013
K2 Asset Management has announced an after tax profit of $13.2 million and final dividend of 4 cents per share for the year to 30 June 2013, after strong investment performance triggered performance fees. In an announcement on the Australian Securities ...