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Showing 4441 - 4450 of 9317 results for "Red"

Oil's not so slick

BENJAMIN ONG  |  TUESDAY, 20 JUN 2017
It has only been less than a month - 25 May -- since the Organisation of Petroleum Exporting Countries (OPEC) announced the extension of crude oil production cuts by nine months to the last day of March 2018 but oil prices are sliding again. The deal ...

Broaden levy to foreign banks: Big four

KARREN VERGARA  |  MONDAY, 19 JUN 2017
Large foreign banks should also be subjected to the proposed $6.2 billion bank levy, Australia's four major banks told the Senate Standing Committee on Economics reviewing the levy Bill last week. Many multinational banks, while active in the institutional ...

Actor linked to Malaysian pension fund scandal

ALEX BURKE  |  MONDAY, 19 JUN 2017
... from that last point: Malaysian Prime Minister Najib Razak's stepson, Riza Shahriz Abdul Aziz, co-founded production company Red Granite Pictures, which co-financed the 2013 Jordan Belfort biopic The Wolf of Wall Street. When news of the scandal broke ...

Equip confirms merger, names CEO and directors

EMMA RAPAPORT  |  MONDAY, 19 JUN 2017
Industry super fund Equip confirmed its merger with the Rio Tinto Staff Superannuation Fund in a move which will double funds under management to $14 billion. Equip chair Andrew Fairley said since the earlier announcement that the funds were in merger ...

PAC secures $33m in insto capital

ALEX BURKE  |  MONDAY, 19 JUN 2017
Pacific Current Group (PAC) successfully completed an institutional placement of $33 million partly to repay debts stemming from the acquisition of a US boutique. The placement, which was fully underwritten by Ord Minnett, comprised approximately $12 ...

Central Banks fail to disappoint

BENJAMIN ONG  |  MONDAY, 19 JUN 2017
Central bank decisions, forward guidance or even a word change in policy statements move markets. Not that anyone has to be reminded about this truism of course. The world's four major central banks - the Fed, the ECB, the BOJ and the BOE - and the ...

Industry stars recognised at 2017 MAX Awards

JAMIE WILLIAMSON  |  FRIDAY, 16 JUN 2017
A record number turned out for the 22nd annual Financial Standard Marketing, Advertising and Sales Excellence Awards last night, recognising Australia's leading individuals and organisations in the financial services industry. The MAX Awards recognised ...

Super tax reforms take effect

KARREN VERGARA  |  FRIDAY, 16 JUN 2017
The suite of superannuation taxation reforms affecting contributions, CGT relief and transition to retirement income streams have passed through Parliament. Revenue and Financial Services Minister Kelly O'Dwyer said the amendments under the Treasury ...

Centuria consolidates funds

KARREN VERGARA  |  THURSDAY, 15 JUN 2017
Two of Centuria's listed property trusts will merge to create a $600 million fund aiming to be "the largest metropolitan office-focused REIT on the ASX." Centuria Metropolitan REIT (ASX: CMA) invests in office and industrial real estate at valued at ...

Queensland DB super liabilities tipped to fall 18pct

ALEX DUNNIN  |  THURSDAY, 15 JUN 2017
Queensland's public sector superannuation liability is expected to fall $7 billion over the next five years, and this is despite the state's defined benefit scheme surplus being partially repatriated. The figures were published in the Queensland Government ...