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Showing 3921 - 3930 of 4761 results for "July 2011"

Westpac's Chronican joins ANZ

COMPANY RELEASE  |  TUESDAY, 29 SEP 2009
Westpac Institutional Bank group executive Philip Chronican has jumped ship to ANZ - taking up the post of chief executive Australia in November. Chronican will report to ANZ chief executive, Mike Smith. Chronican, who will be based in Melbourne, will ...

Undue credit (ratings)

BENJAMIN ONG  |  THURSDAY, 24 SEP 2009
When is a triple A rating not AAA? When the credit rating agencies say it is - in our case, Moody's. But first, a very big yawn with a matching upward stretch of both arms! I am talking about the Federal Open Market Committee (FOMC) meeting, of course. ...

Up, down and sideways

BENJAMIN ONG  |  WEDNESDAY, 23 SEP 2009
Ouch! This is the sound Australian exporters must be making these days, quickly followed by a groan when they read what this fiscal year has in store for them. Exports according to ABARE. The Australian Bureau of Agriculture and Resource Economics (ABARE) ...

Switching super funds on the rise: survey

MICHAEL HOBBS  |  WEDNESDAY, 16 SEP 2009
The number of active super fund members looking to switch funds has risen over nine months to July, with the number of industry fund members thinking of changing funds almost doubling, a survey found. An Investment Trends report found the number of ...

NAB buys Lodestar Capital stake

COMPANY RELEASE  |  WEDNESDAY, 16 SEP 2009
NAB's direct asset management business, nabinvest, has bought a 33 per cent stake in long-term absolute return boutique fund manager, Lodestar Capital Partners. Lodestar Capital Partners investment management team owns the remaining stake in the business ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 16 SEP 2009
The Australian share market is expected to open higher after strong US retail sales figures boosted confidence in an economic recovery. At 0723 AEST on the Sydney Futures Exchange, the September share price index contract was up 21 points at 4568. In ...

Garvan and Apogee adopt fee for service

RUTH LIEW  |  TUESDAY, 15 SEP 2009
MLC-backed Apogee Financial Planning and Garvan/MLC Financial Planning are transitioning to a fee for advice model from 1 July next year. In a press statement released today, MLC confirmed that both Apogee and Garvan would adopt the new model for all ...

Mercer restructures outsourcing business, Walters exits

MICHAEL HOBBS  |  MONDAY, 14 SEP 2009
Mercer is revamping its outsourcing business resulting in several new roles being created and senior executives including financial advice leader Scott Walters leaving the firm. As part of the changes, Mercer has replaced the financial advice leader ...

FOS swamped with complaints

MICHAEL HOBBS  |  MONDAY, 14 SEP 2009
The Financial Ombudsman Service (FOS) is changing how it deals with investments, life insurance and superannuation complaints to cope with rising complaint volumes, particularly in financial planning. The service noted it saw a 77 per cent increase ...

Hermaphrodite economy

BENJAMIN ONG  |  FRIDAY, 11 SEP 2009
... improvement from the record high posted in July. No ovaries for Japan either. Japanese machinery orders fell by 9.3 per cent in July - the lowest level since the survey started in 1987. Machinery orders are a leading indicator of business investment. ...