Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 381 - 390 of 605 results for "MEC"

The kindness of central banks

BENJAMIN ONG  |  TUESDAY, 10 JUN 2014
S&P 500 2000 here we come! It won't be long now. Yes Virginia, with the S&P 500 index less than 50 points away (or 2.5%) from the 2,000-point milestone it'll just a few more sleeps and it'll be there - my back of the envelope calculation show that the ...

Everything but the kitchen sink

BENJAMIN ONG  |  FRIDAY, 6 JUN 2014
Take that... and that... and that! Yes, Virginia, the European Central Bank (ECB) didn't disappoint market expectations - heavens forbid if it did - and acted, giving it all it's got, except for the proverbial kitchen sink (this it reserves for later). ...

ASIC asks FSI for more flexible toolkit

MARK SMITH  |  WEDNESDAY, 4 JUN 2014
The Australian Securities and Investments Commission (ASIC) has called on the Financial System Inquiry (FSI) to grant it a more flexible regulatory toolkit and increase its scope to address market problems. Giving a speech at the Corporate Governance ...

Treasury consults on unclaimed monies time window

ALEX DUNNIN  |  WEDNESDAY, 28 MAY 2014
Treasury has issued a discussion paper announcing a review into the period before which monies held in inactive bank accounts and life insurance policies are transferred to the government. In releasing the discussion paper this week, Finance minister ...

Janet puts it

BENJAMIN ONG  |  THURSDAY, 8 MAY 2014
"Whispering hope, Oh how welcome thy voice..." Greenspan's done it. Bernanke did it. Now, Yellen's doing it -- the Fed put, that is. If you still doubt it, Virginia, just have a look at last night's trading action on Wall Street. Sure, there was some ...

ECB to stay in May

BENJAMIN ONG  |  FRIDAY, 2 MAY 2014
Phew! That was close. No Virginia, we didn't hear this sigh of relief from European Central Bank president Mario Draghi yesterday, but we would have had the Fed's policy announcement and America's first quarter GDP growth update not drowned out the ...

ATO issues warning ahead of tax haven crackdown

STAFF WRITER  |  FRIDAY, 28 MAR 2014
The Australian Taxation Office (ATO) is urging all taxpayers with offshore assets to declare their interests, ahead of a global crackdown on international tax havens. The ATO's offshore voluntary disclosure initiative, 'Project DO IT: disclose offshore ...

FoFA amendments will reduce quality of advice: lawyer

JAMES FERNYHOUGH  |  TUESDAY, 11 MAR 2014
The government's proposal to amend the best interest duty section of the Future of Financial Advice (FoFA) reforms are "inconsistent with the nature of a best interests duty" and will "reduce the overall quality of financial advice", according to legal ...

Maybe slowing, definitely distorted, more likely rebalancing

BENJAMIN ONG  |  TUESDAY, 11 MAR 2014
Ayy-yay-yay-yay-yay! Here we go again. Weak economic reports out of China have again put a question mark about its economy and by extension, the economy of the world. Oh sowee Virginia, I stand corrected... it wasn't a question mark, China's headed ...

General advice exemption "irrelevant" to advisers: AFA

LAURA MILLAN  |  FRIDAY, 21 FEB 2014
The Association of Financial Advisers (AFA) has judged the general advice exemption to conflicted remuneration "irrelevant" in its submission to Treasury about the proposed amendments to the Future of Financial Advice (FoFA). "The AFA does not believe ...