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Showing 4901 - 4910 of 6515 results for "Jul"

Budget 2011: "Benign" Budget a relief for finance sector

ALISON BEVEGE  |  WEDNESDAY, 11 MAY 2011
Extended relief for compulsory pension fund draw-downs, encouragement for super funds to invest in infrastructure and a reiteration of the promise to increase the super guarantee to 12 per cent were functions of a budget that commentators labeled bland. ...

Budget 2011: minor investors cut short

ELISE BURGESS  |  WEDNESDAY, 11 MAY 2011
Investments on behalf of minors may now be cut short after the federal budget has shut down minor access to the Low Income Tax Offset (LITO). As part of the budget, minors, children under the age of 18, will no longer be able to access the LITO to reduce ...

Planners make their budget wishes

ALISON BEVEGE  |  TUESDAY, 10 MAY 2011
As the Federal Government goes into budget lockdown, financial advisers have named their dearest wishes - and it's not for free set top boxes. Concessional caps, tax concessions for advice fees and a cut in the company tax rate were at the top of the ...

UBS expanding Asian fund business

MATT WOODINGTON  |  MONDAY, 9 MAY 2011
Colin Lunn will join UBS to lead the bank's fund administration business development out of Hong Kong, as it bids to enhance its asset services offering in the Asia Pacific region. Lunn recently resigned from HSBC, where he was head of business development ...

Market Wrap - Morning

AAP  |  THURSDAY, 5 MAY 2011
The Australian market is expected to open lower on Thursday following strongly negative leads from overseas markets overnight. On the ASX 24 at 0731 AEST, the June share price index futures contract was 22 points lower at 4,703. In economics news on ...

Swan names new ASIC, ACCC heads

ELISE BURGESS  |  WEDNESDAY, 4 MAY 2011
ASIC commissioner Greg Medcraft and economist Rod Sims have been recommended as new regulatory heads by Treasurer Wayne Swan. In a statement from the Treasury, current ASIC commissioner Greg Medcraft has been put forward as the next ASIC chairman in ...

Super funds fail on carbon disclosure

ELISE BURGESS  |  TUESDAY, 3 MAY 2011
Australian super funds accused of not 'walking the walk' after the nation's first climate change resolution did not pass, despite voting funds saying they support carbon disclosure. The vote was held at Australian oil and gas company Woodside's annual ...

Market Wrap

AAP  |  MONDAY, 2 MAY 2011
The Australian share market has begun the week weaker on Monday morning after heavy losses last week. At 1036 AEST, the benchmark S&P/ASX200 index was 16.1 points lower at 4807.1 while the broader All Ordinaries index slipped 17.3 points to 4880.7. ...

Up, down or sideways

BENJAMIN ONG  |  MONDAY, 2 MAY 2011
1.00,1.03,1.05,1.08,1.10,1.20 - no these are not random numbers. These are the numbers marking the Australian dollar's recorded fresh - and fresher - after-float highs against its big brother, the US dollar. The last time I wrote about the value of ...

Opposition attacks opt-in concession

ALISON BEVEGE  |  THURSDAY, 28 APR 2011
Minister for Financial Services Bill Shorten has eased reforms on financial planners by extending the opt-in period but the Opposition has attacked, saying it would still cost an average firm $50,000. Adviser groups have lobbied hard against the opt-in ...