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Showing 3931 - 3940 of 6884 results for "Act2"

Market to open lower

AAP  |  WEDNESDAY, 22 JUL 2015
The Australian market looks set to open lower after Wall Street and European markets fell as volatile commodity prices and company results hit shares. At 0802 AEST on Wednesday, the September share price index futures contract was down 27 points at ...

SMSF admin reacts to criticism: don't like it, don't use it!

LAURA MILLAN  |  TUESDAY, 21 JUL 2015
A provider of self-managed super fund (SMSF) administration services has reacted to allegations that platform providers are charging high commissions: "If you don't like it, don't use it!" Xpress Super and SuperGuardian chief executive Olivia Long said ...

Philanthropic LICs a triple win: Wilson

LAURA MILLAN  |  MONDAY, 20 JUL 2015
Philanthropic listed investment companies (LICs) are unique to Australia and represent a win for investors, fund managers and charities, Future Generation founder Geoff Wilson said. The Future Generation Investment Fund (FGX) is a $200 million fund ...

American IRAs not super funds

DARREN SNYDER  |  MONDAY, 20 JUL 2015
A recent decision by the Australian Administrative Appeals Tribunal (AAT) ruled that an American Individual Retirement Account (IRA) is not a superannuation fund for Australian Tax Purposes. In the case of Baker and Commissioner of Taxation, tribunal ...

Australian funds turning to bourgeoning Asian REITs

MARK SMITH  |  WEDNESDAY, 15 JUL 2015
A growing market and attractive returns are seeing Australian institutions take an interest in the burgeoning Asian REIT market, according to one specialist in the asset class. Before 2000 it was all but impossible to invest in real estate investment ...

Chartered accountants' response 'clumsy'

AAP  |  WEDNESDAY, 15 JUL 2015
The New Zealand Institute of Chartered Accountants was unused to competition and made a "clumsy response" to new rival CPA Australia, a court has heard. In the High Court at Wellington on Tuesday, Bruce Gray QC defended NZICA's marketing campaign and ...

ASIC bans auditor and adviser

ALEX BURKE  |  WEDNESDAY, 15 JUL 2015
ASIC has permanently banned an insurance adviser and disqualified an SMSF auditor. Abhinav Gupta provided insurance advice via ACE Insurance's Victorian Combined Insurance division from October 2013 to May 2014. He was not a salaried employee of Combined ...

Climate change to impact financial systems

ALEX BURKE  |  MONDAY, 13 JUL 2015
Research by The Climate Institute concludes Australia's financial system may be vulnerable to climate change. The institute argues this is based on several factors, including the country's "carbon-intensive economy, lack of policy clarity and reliance ...

Glass-Steagall Act reintroduced to US Senate

ALEX DUNNIN  |  THURSDAY, 9 JUL 2015
The Glass-Steagall Act that used to require US banking groups to separate their traditional activities from their investment management activities has been re-introduced into the US Senate. The legislation has been sponsored by GOP, Democrat and Independent ...

ASIC bans former risk adviser

ALEX BURKE  |  THURSDAY, 9 JUL 2015
ASIC has banned a life insurance adviser from former Macquarie Group subsidiary Risk Advice Specialists. Risk Advice Specialists, which described itself as "100% backed by Macquarie," was a boutique risk-focused dealer group established in 2012. It ...