Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 471 - 480 of 588 results for "CIV"

Market Wrap AM

AAP  |  WEDNESDAY, 28 AUG 2013
The Australian market looks set to open lower following a plunge on Wall Street as the US investors eye possible military intervention in Syria. At 0800 AEST on Wednesday, the September share price index futures contract was down 55 points at 5,068. ...

Market Wrap AM

AAP  |  TUESDAY, 27 AUG 2013
The Australian market looks set to open lower after Wall Street fell following a disappointing durable goods report which raised fresh concerns about the strength of the US economy. The fall was sharply exacerbated when Secretary of State John Kerry ...

ASIC takes action against diamond trading scheme

LAURA MILLAN  |  WEDNESDAY, 7 AUG 2013
The Australian Securities and Investments Commission (ASIC) has started legal action against what could be an elaborate diamond trading scheme designed to avoid the operation of the consumer credit laws. ASIC filed proceedings in the Federal Court in ...

Gina Rinehart offers olive branch

AAP  |  MONDAY, 5 AUG 2013
Mining magnate Gina Rinehart has written to her two children, making an offer which she hopes will bring their litigation to an end, a court has heard. Ms Rinehart's barrister, David Russell QC, told the Supreme Court on Monday that the "open letter" ...

ASIC's powers heightened under FoFA

LAURA MILLAN  |  WEDNESDAY, 17 JUL 2013
The Australian Securities and Investments Commission (ASIC) will act more strongly on cases of misconduct in the wake of Future of Financial Advice (FoFA) the regulator said. The new FoFA regulation has allowed ASIC to take civil penalty actions, whereas ...

Storm founders will face trial

LAURA MILLAN  |  MONDAY, 1 JUL 2013
Storm Financial founders Emmanuel and Julie Cassimatis are set to face trial after the Federal Court decided to dismiss their application for a summary dismissal of the case. The Australian Securities and Investments Commission (ASIC) will pursue its ...

SPAA raises alarm on draft SMSF rules

ALEX DUNNIN  |  WEDNESDAY, 20 MAR 2013
Draft legislation rules for self managed super funds on related party transactions has alarmed industry association SPAA, which claims the provisions are unnecessarily complex and will add compliance costs. The new provisions are contained in Schedule ...

EM corp bonds better than US: CFSGAM

MARK SMITH  |  WEDNESDAY, 6 MAR 2013
Investors can get a better return on emerging markets corporate bonds than they can on US corporates with the same credit rating, according to Colonial First State Global Asset Management's Helene Williamson. Previously only deemed appropriate for speculators ...

AvSuper appoints Perpetual for a $75m equities mandate

LAURA MILLAN  |  TUESDAY, 26 FEB 2013
AvSuper has appointed Perpetual Investments for a $75 million Australian equities mandate. This is the first appointment that the Canberra-based superannuation fund has done in the last year and it is also the first time that it does business with Perpetual. ...

CalPERS cry foul play, backs lawsuit

MICHELLE BALTAZAR  |  TUESDAY, 19 FEB 2013
The largest public pension fund in the US, CalPERS, has expressed its support for the US government's civil lawsuit against credit rating agency Standard & Poor's Rating Services. Early this month, the US Department of Justice sued the agency for fraud ...