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Showing 3951 - 3960 of 5917 results for "March 22"

Excess contributions penalties soar to $400m

MATT WOODINGTON  |  FRIDAY, 10 JUN 2011
The Australian Tax Office has now raised $400 million through tax penalties on excess super contributions made between 2006 and 2010 with that figure likely to rise yet further. Speaking at an upper house enquiry of the economics legislation committee ...

PIF Investor action group claim small victory

RACHEL DAVIS  |  FRIDAY, 10 JUN 2011
Wellington Capital has agreed to suspend any further action in relation to a planned rights issue, until a full hearing on 12 June, following an injunction application by PIF Action Group (PIFAG). PIFAG is seeking an injunction to cancel units in the ...

Fear is in the air

BENJAMIN ONG  |  THURSDAY, 9 JUN 2011
... listening to Moody's any longer. If they did, they'd be purging US Treasuries off their portfolios - just as PIMCO did back in March - or simply not adding anymore. But that's not what current US bond market pricing indicates. Yields on 10-year US benchmark ...

State Street secures REST lending deal

MATT WOODINGTON  |  WEDNESDAY, 8 JUN 2011
REST Industry Super has appointed State Street Corporation as its global securities lending agent, building on their relationship established earlier this year. State Street will now deliver a securities lending programme for REST's global bond and ...

Dissident investors could prompt REIT revival

MATT WOODINGTON  |  TUESDAY, 7 JUN 2011
Corporate merger and acquisition activity could be set to spark the Australian REITs sector back to life as investors act to realise the value of net tangible assets (NTA). A-REITs continue to trade at an NTA discount with the sector still recovering ...

Market Wrap - Morning

AAP  |  TUESDAY, 7 JUN 2011
The Australian market has received negative leads from offshore trading overnight, with Wall St closing lower, along with oil, while precious metals rose. At 0700 AEST on the ASX 24, the June share price index futures contract was 31 points lower at ...

FTSE sees rising demand for after tax index

MATT WOODINGTON  |  MONDAY, 6 JUN 2011
FTSE Group's after-tax solution received a major boost as Sunsuper's new $700 million equity mandate will be benchmarked against the FTSE ASFA Australia 300 capital gains tax index. The FTSE ASFA Australia Index Series, which provides a range of industry ...

U-G-L-Y

BENJAMIN ONG  |  MONDAY, 6 JUN 2011
Let's cut to the chase and get straight to the point - the US employment report most of us have waited for all week was plain and simply U-G-L-Y ugly. There's no ifs, no ands and definitely no buts. Ugly, ugly, ugly. That's just what it is! Although ...

Market Wrap - Morning

AAP  |  MONDAY, 6 JUN 2011
The bad news is set to continue for Australian shareholders on Monday, with the share market tipped to fall following heavy losses in the US on Friday. The Dow Jones Industrial Average is in the midst of its longest streak of losses since 2004, following ...

Sunsuper awards $700m mandate

MATT WOODINGTON  |  FRIDAY, 3 JUN 2011
Sunsuper has undergone a slight re-weighting of its Australian Equities portfolio, handing a new $700 million mandate to Vinva Investment Management. The Vinva mandate, which went live last week, is part of a wider reallocation of funds in Sunsuper's ...