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Showing 3981 - 3990 of 4946 results for "MIS"

Timbercorp trio face the music

ALISON BEVEGE  |  MONDAY, 23 MAY 2011
Failed agribusiness Timbercorp's former directors must today face a class-action suit filed against them in 2009 by more than 2000 investors in the Supreme Court. The investors have made allegations of conflicts of interest, breaches of directors' duties ...

Burned investors drink bitter cup: ASIC

ALISON BEVEGE  |  FRIDAY, 20 MAY 2011
Investors who suffer financial losses thanks to misconduct often don't know how to seek redress and recover only a few cents on the dollar if at all according to new research from finance industry regulator ASIC. The organisation studied the social ...

Chapel Road appeal forces ASIC to show the goods

RACHEL DAVIS  |  THURSDAY, 19 MAY 2011
A decade on, the Chapel Road v Australian Securities and Investments Commission (ASIC) battle rages on, with the NSW Supreme Court ordering ASIC to hand over documents relating to the investigation. Back in 2001 Chapel Road's AFSL was revoked when ASIC ...

Market Wrap - Morning

AAP  |  TUESDAY, 17 MAY 2011
The Australian market is expected to open lower on Tuesday, following falls on Wall Street in both commodities and equities. On the ASX 24 at 0735 AEST, the June share price index futures contract was 16 points lower at 4,653. In economics news on Tuesday ...

May day mayday

BENJAMIN ONG  |  THURSDAY, 12 MAY 2011
Rising inflation. Sagging earnings. Sliding oil price. They were the culprits! They sucker punched Wall Street down to its knees while we were sleeping. No Virginia, not again. Don't tell me that just days after the "no one can deny" good news brought ...

Budget 2011: Advisers granted budget wish

ALISON BEVEGE  |  WEDNESDAY, 11 MAY 2011
Financial advisers have been granted at least one wish in this year's budget. From July 1 those who breach the concessional contributions cap by up to $10,000 have been given the option to withdraw the excess funds to avoid penalty tax rates. The concession ...

NGS Super merger too late for tax relief

MATT WOODINGTON  |  TUESDAY, 10 MAY 2011
NGS Super expects to complete a merger with UCSuper by early 2012, missing out on capital gains tax relief, having signed a memorandum of understanding to create a combined $4.4 billion fund. The optional capital gains tax (CGT) roll-over for capital ...

Regulators cautioned on world exchanges

ELISE BURGESS  |  TUESDAY, 10 MAY 2011
Tony D'Aloisio, chairman, Australian Securities and Investments Commission, has warned regulators of the dangers of misunderstanding stock exchange mergers speaking at an international conference for the last time as chairman. At the 2011 International ...

ASIC bans "deceptive" planner for five years

ALISON BEVEGE  |  FRIDAY, 6 MAY 2011
Corporate watchdog ASIC has banned a financial planner for five years after he tricked his clients with shonky advice which included arranging margin loans for them, it said today. ASIC said Ian John Weaver of Clear Island Waters, Queensland, broke ...

Super fund returns fall again to 5 per cent

PRESS RELEASE  |  THURSDAY, 5 MAY 2011
Volatility is back in vogue for super fund rolling 12 month returns as they have again fallen back to 5.0 per cent for the 12 months to end March 2011. Three and five year returns are even less impressive at just 1.3 and 2.3 per cent per annum respectively. ...