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Showing 3931 - 3940 of 6939 results for "% December"

NZ Super offloads mining shares on RE concerns

LAURA MILLAN  |  TUESDAY, 14 MAY 2013
The New Zealand Superannuation Fund (NZ Super) has excluded global mining company Barrick Gold Corporation and its subsidiary African Barrick Gold from its $22 billion investment portfolio on responsible investment grounds. Barrick's mines in Papua ...

Rate cuts prompt SMSF cash exodus

MARK SMITH  |  FRIDAY, 10 MAY 2013
A wave self-managed super fund (SMSF) trustees are swaping their cash holdings for fixed interest and direct property investments, according to the latest Multiport SMSF Investment Patterns Survey. Falling cash rates mean that term deposits and savings ...

RBA to raise rates in Wayne's world

BENJAMIN ONG  |  TUESDAY, 7 MAY 2013
Stop right there! Thank you very much. If you still haven't made up your mind which way to bet on which way the Reserve Bank of Australia (RBA) would go on interest rates at 230 PM AEST today, stop! I'll spare you the anguish, the anxiety, the suspense. ...

No decision yet on QIC sale

ALEX DUNNIN  |  THURSDAY, 2 MAY 2013
The government Queensland Commission of Audit Report recommendation that the Queensland Investment Corporation (QIC) be privatised puts the spotlight on the significant funds management businesses that several state governments are now running. The ...

PIF Action Group questions ASIC decision on Wellington

LAURA MILLAN  |  WEDNESDAY, 1 MAY 2013
The Australian Securities and Investments Commission (ASIC) decision to drop the investigation into the Wellington Premium Income Fund (PIF) has angered the PIF Action Group. PIF Action Group president Peter Grenadier told Financial Standard that in ...

Banksia sells loan portfolio to Deutsche Bank

LAURA MILLAN  |  MONDAY, 29 APR 2013
Receivers and managers of Banksia Securities Limited, McGrathNicol, and trustee, The Trust Company announced the sale of Banksia's performing loan portfolio to Deutsche Bank with a face value of $238.8 million. McGrathNicol announced that there will ...

On austerity, growth and expectations

BENJAMIN ONG  |  MONDAY, 29 APR 2013
What grows when it's stimulated? No Stuart, I'm not thinking what you're thinking. According to Economics 101, economies tend to grow given enough stimulation. Forget Reinhart and Rogoff - last Friday they just did a Dijsselbloem (remember him? he ...

Market Wrap

AAP  |  WEDNESDAY, 17 APR 2013
The Australian stock market looks set to open firmer after a positive finish on Wall Street and a rebound in commodities prices. At 0756 AEST on Wednesday, the June share price index futures contract was 33 points firmer at 4,979 points, with 4,602 ...

Major reshuffle in insurance league tables

LAURA MILLAN  |  MONDAY, 15 APR 2013
While AMP retained its top-ranking in the recent Plan for Life research, the numbers suggest big swings in market share and the top ten list.. The research focused on the life insurance risk market inflows and sales during 2012 and revealed that MLC ...

ASIC charges former financial adviser

LAURA MILLAN  |  FRIDAY, 12 APR 2013
The Australian Securities and Investments Commission (ASIC) has charged a former financial adviser for failing to provide appropriate advice to clients. Kevin Maxwell George Whitting, of Rosebud, Victoria, provided inappropriate advice to five investors ...