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FICAP gives support to The Shepherd Centre charity

STAFF WRITER  |  FRIDAY, 16 JAN 2015
... Redkite and Weave Youth & Community Services as FICAP's chosen charities in 2015. Since 1970, The Shepherd Centre has assisted close to 2,000 children who are deaf or hearing impaired to improve their quality of life. The organisation is recognised as ...

Oil price shock, nice

BENJAMIN ONG  |  TUESDAY, 13 JAN 2015
I thought that in my lifetime I would never see someone out there in this galaxy wishin' and hopin' and prayin' higher oil prices to be. (Apart from those extracting, producing, investing in and lending to oil companies and nations, that is). And oh ...

WAM Capital announces $100m share purchase plan

STAFF WRITER  |  MONDAY, 12 JAN 2015
... SPP) with a registered address in Australia or New Zealand will be entitled to participate in the SPP. The SPP offer will close on 5 March 2015. WAM expects to despatch a SPP Offer Booklet along with a SPP Application Form to eligible shareholders on ...

Assistant Treasurer Sinodinos resigns

AAP  |  FRIDAY, 19 DEC 2014
... Abbott to reshuffle his frontbench as early as this weekend. "I will be resigning as assistant treasurer with effect from close of business today," Senator Sinodinos said in a statement on Friday. He had stood aside from the role to give evidence in ...

Australian Unity acquires two $80 million mortgage funds

STAFF WRITER  |  MONDAY, 15 DEC 2014
Australian Unity Real Estate Investment (AUREI) has A acquired Owenlaw Trust Limited, the manager of the $60 million Owenlaw First Mortgage Income Fund and the $20 million Owenlaw Mortgage Trust. The Owenlaw First Mortgage Income Fund is a 'contributory ...

Season's Greetings from Financial Standard

ALICE URIBE  |  FRIDAY, 12 DEC 2014
... end the year with clarity (as I'm sure many of you would have hoped), there remains some uncertainty. As 2014 comes to a close, the Financial Standard team would like to thank you for your continued readership and support. And speaking of endings, this ...

FEATURE: 2014 year in review

MARK SMITH, LAURA MILLAN, JAMES FERNYHOUGH  |  FRIDAY, 12 DEC 2014
This year has been another busy one for the financial servives industry. FoFA remained on the radar and the Financial System Inquiry has the potential to change things in a big way. The Financial Standard team takes a look at the issues that made waves ...

Market wrap AM

AAP  |  FRIDAY, 12 DEC 2014
The Australian market looks set to open flat despite a surge on Wall Street where stocks rebounded from a sell-off in energy shares after positive retail and unemployment data came out. At 0645 AEST on Friday, the December share price index futures ...

Market Wrap AM

AAP  |  THURSDAY, 11 DEC 2014
... under $US65 ($A70) a barrel to reach its lowest level since July 2009. London's benchmark FTSE 100 slipped 0.45 per cent to close at 6,500.04 points. The Paris CAC 40 lost 0.84 per cent to 4,227.91, while the DAX 30, edged up 0.06 per cent to 9,799.73 ...

Hastings partners with Japanese bank

JAMES FERNYHOUGH  |  WEDNESDAY, 10 DEC 2014
... infrastructure debt opportunities in Europe. Under the partnership, Hastings and Tokyo-based SuMi Trust have already reached first close on two debt funds, one targeting investment in junior European infrastructure debt and the other in senior European ...