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Showing 4201 - 4210 of 6940 results for "% December"

Harsh ASIC ban on Seagrim slashed

BEN COLLINS  |  FRIDAY, 7 SEP 2012
An ASIC ban on the directors of planning business Seagrims Pty Ltd has been reduced by the Administrative Appeals Tribunal (ATT), allowing them to again work in financial services. Peter Seagrim and Anne-Marie Seagrim appealed to the independent appeals ...

Market wrap

AAP  |  FRIDAY, 7 SEP 2012
SYDNEY - The Australian sharemarket looks set to open one per cent higher after the European Central Bank (ECB) announced measures to help tackle the region's sovereign debt crisis. At 0813 AEST on Friday, the September share price index futures contract ...

BlackRock loses $1.2 billion iPac Securities mandate

LINDA HAUSKEN  |  THURSDAY, 6 SEP 2012
It is understood that the multinational investment management firm BlackRock has lost a $1.2 billion active long only equity mandate awarded to them by iPac Securities. The mandate is comprised exclusively of Australian equities and has been in existence ...

Australia: all good and wishing for the worst

BENJAMIN ONG  |  THURSDAY, 6 SEP 2012
It's her birthday and she'll cry if she wants to. Economic growth of 0.6% in the June quarter and 3.7% over the year marked exactly 21 years since Australia last experienced a recession. Yes folks, a year and 20! America has had 2 since then - Q1 to ...

Swift resolution sought on Storm trial

MELANIE TIMBRELL  |  WEDNESDAY, 5 SEP 2012
Lawyers representing ASIC, the Commonwealth Bank, Macquarie and Bank of Queensland are expected to hold an emergency meeting tomorrow ahead of Federal Court proceedings on the 2008 collapse of Storm Financial. The meeting will attempt to negotiate a ...

Bond boom or bust?

BENJAMIN ONG  |  TUESDAY, 4 SEP 2012
We've peered through the Hole and we saw something - we think. Now it's the Europeans turn. Yes Virginia, the Europeans are back in town! And yes, Virginia, we can tell because we're hearing the same rhetoric from the usual suspects being replayed on ...

ANZ CEO sells shares to fund debt, tax

BEN COLLINS  |  MONDAY, 27 AUG 2012
ANZ chief executive officer Michael Smith has sold $10.8 million worth of shares in the bank. In a statement to the Australian Securities Exchange (ASX) on Friday, ANZ said that Smith sold the shares "to fund a forthcoming income tax payment and to ...

BetaShares expands coverage

MARK STORY  |  MONDAY, 27 AUG 2012
BetaShares has significantly expanded its distribution coverage since the beginning of 2012 with its ETFs now available on a much larger list of dealer group approved product lists and on multiple platform menus. This year there have been 54 counts ...

Commbank knew of potential Storm collapse: lawyers

BEN COLLINS  |  WEDNESDAY, 22 AUG 2012
Lawyers for victims of the Storm Financial collapse said they have uncovered a document which proves that the Commonwealth Bank knew investors would lose their money during the global financial crisis. Barrister Tony Morris told the Federal Court in ...

Write-down clouds Bendigo's 43% profit tumble

BEN COLLINS  |  MONDAY, 20 AUG 2012
Bendigo and Adelaide Bank will be running a tight ship, after announcing a 43% decline in full-year profit this morning. The bank said that its $195 million profit was affected by a $95 million write-off of goodwill in December 2011, after declines ...