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Showing 4081 - 4090 of 6884 results for "Act2"

Government Cyber Security Strategy already out of date

MARK SMITH  |  TUESDAY, 9 DEC 2014
Financial System Inquiry (FSI) chair David Murray has called for government and other financial system stakeholders to tighten processes to counter the growing threat of cyber-crime. Recommendation 38 in the final report of the FSI said the government's ...

NZ Super Fund takes big stake in LanzaTech

AAP  |  TUESDAY, 9 DEC 2014
The New Zealand Superannuation Fund (NZSF) has taken a 17% stake in gas-to-liquid company LanzaTech. The stake, purchased for invested $US60 million ($A64.92 million) values the company at about $US400 million and makes the super fund the second-biggest ...

SPAA "disappointed" by the FSI's SMSF borrowing recommendations

ALICE URIBE  |  MONDAY, 8 DEC 2014
The SMSF Professionals Association of Australia (SPAA) has rejected the Financial System Inquiry's (FSI) recommendation that the government reinstate the prohibition on direct borrowing for limited recourse borrowing arrangements (LRBAs) by superannuation ...

Share market rallies on Murray report

AAP  |  MONDAY, 8 DEC 2014
The share market is stronger, with banks rallying on the Financial System Inquiry's recommendation that banks hold more capital. Shares in the major banks and the small regional players are firmer, a day after former Commonwealth Bank boss David Murray's ...

Murray calls for end to LRBAs

ALICE URIBE  |  SUNDAY, 7 DEC 2014
The Murray Inquiry has recommended that government reinstate the prohibition on direct borrowing for limited recourse borrowing arrangements (LRBAs) by superannuation funds. It said that the government should restore the general prohibition on direct ...

Boost impact investing, says FSI

MARK SMITH  |  SUNDAY, 7 DEC 2014
Impact investment was singled out in the final report of the Financial System Inquiry as an area that needs to be given greater attention. Recommendation 32 called for ways to facilitate development of the impact investment market and encourage innovation ...

Altius launches ethical bond fund

MARK SMITH  |  THURSDAY, 4 DEC 2014
Altius Asset Management has launched a new sustainable bond fund designed to align with investors' social values without compromising investment returns over the long-term. The Altius Sustainable Bond fund invests in a diversified portfolio of Australian ...

Market Wrap AM

AAP  |  THURSDAY, 4 DEC 2014
The Australian market looks set to open higher after Wall Street made moderate gains as energy and commodity shares rallied while data boosted confidence in the economy. At 0844 AEST on Thursday, the December share price index futures contract was up ...

High-calibre superannuation: 2014 CIO and COO Award recipients announced

MICHELLE BALTAZAR  |  WEDNESDAY, 3 DEC 2014
Leading superannuation fund executives were recognised at the 2014 Chief Investment Officer (CIO) and Chief Operating Officer (COO) Awards held in Melbourne last night. When Sam Sicilia's name was announced as this year's recipient of the annual Chief ...

Small tech providers tempt aligned advisers to defect

LAURA MILLAN  |  WEDNESDAY, 3 DEC 2014
Aligned advisers are finding large platforms slow to react to the changing environment, with some starting to "defect" and to small independent providers, AdviceInnovation members said. "People are beginning to defect. A couple years ago there wasn't ...