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Showing 4451 - 4460 of 6884 results for "Act2"

Market Wrap AM

AAP  |  WEDNESDAY, 2 OCT 2013
The Australian market looks set to open higher following gains on international markets amid hopes the partial US government shutdown will not seriously harm the economy and of a settlement to Italy's political crisis. At 0812 AEST on Wednesday, the ...

Senate to question ASIC over alleged RBA corruption

LAURA MILLAN  |  TUESDAY, 1 OCT 2013
The Senate inquiry into the performance of the Australian Securities and Investments Commission (ASIC) will "no doubt" question the regulator over its failure to act on the alleged corruption within subsidiary companies of the Reserve Bank of Australia ...

Boutiques squeezed out by increasing compliance costs

MARK SMITH  |  MONDAY, 30 SEP 2013
Industry consolidation arising from increased regulatory compliance cost is leading to an institutionalisation of the investment landscape and eroding the competitive advantage of boutique investment management firms, according to a new report published ...

Super funds hungry for global equities specialists

JAMES FERNYHOUGH  |  FRIDAY, 27 SEP 2013
Global equity funds would do well to exploit the growing interest in global equities from superannuation funds and other institutional investors, according to Lars Wincentsen, portfolio manager at Danish global equity fund Carnegie Asset Management. ...

RBA red flags SMSF property exposure

LAURA MILLAN  |  THURSDAY, 26 SEP 2013
The Reserve Bank of Australia (RBA) has joined the string of organisations that are concerned about self-managed superannuation fund (SMSF) exposure to property. In a Financial Stability Review, the RBA noted that changes to superannuation legislation ...

Most EM currencies bounce back

ALEX DUNNIN  |  THURSDAY, 26 SEP 2013
Emerging market currencies bouncing back so quickly after the US Fed reversed its signals that it would soon start tapering its economic stimulus confirms how far these markets have matured since the GFC. In May through June this year US Fed chairman ...

Accountant gets 6 years jail for promoting tax avoidance scheme

MARK SMITH  |  TUESDAY, 24 SEP 2013
A Gold Coast accountant has been sentenced to 6 years jail for promoting a tax avoidance scheme to clients after the case was successfully brought forward by Project Wickenby, a cross-agency Government taskforce fighting against tax evasion, avoidance ...

Market Wrap PM

AAP  |  MONDAY, 23 SEP 2013
Australian shares are weaker after a US Federal Reserve official said tapering of economic stimulus could begin in October. Resources and energy stocks were the worst performers on the market. St Louis Fed president James Bullard's comments weighed ...

Judge orders end of class action against WealthSure

LAURA MILLAN  |  MONDAY, 23 SEP 2013
The Federal Court of Australia has ordered the class action against WealthSure to stop, but it will allow members to continue the proceedings individually. Members of the class action were former clients of Colin James Oberg, a former WealthSure adviser ...

ASIC, "twin peaks" model faces review

LAURA MILLAN  |  MONDAY, 23 SEP 2013
Evidence that it took at least 16 months for ASIC to act on whistleblowers' information about misconduct within the Financial Planning division of Commonwealth Bank became a turning point in the long-running debate around the effectiveness of the current ...