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

Search Results

Showing 481 - 490 of 557 results for "Switch 2"

Unemployment rises to 4.1 pct

ALEX DUNNIN  |  THURSDAY, 10 APR 2008
The latest unemployment figures just released by the ABS fuel hopes that the economy might be finally slowing. The ABS has just reported that unemployment has increased by 0.1 percentage points to 4.1 per cent in seasonally adjusted terms. But the shift ...

Virgin Money drops out of cards

WWW.THESHEET.COM  |  FRIDAY, 4 APR 2008
Virgin Money is the latest victim of the liquidity crisis in the financial markets, announcing yesterday that it will hand over its credit card portfolio and license its brand to Westpac for the next 14 months. Westpac will pay $39 million and Virgin ...

Fighting inflation to make housing affordability worse

ALEX DUNNIN  |  WEDNESDAY, 13 FEB 2008
Housing affordability just seems to get worse, and our anti-inflationary strategies look set to make it worse. According to the Housing Industry Association (HIA), even despite slowing house prices last year, housing affordability still sunk to yet ...

Singapore and ME fund swoop on UBS

WWW.THESHEET.COM  |  TUESDAY, 11 DEC 2007
Government of Singapore Investment Corp and an unidentified Middle Eastern investor (rumoured to be a state controlled fund from Oman) have chipped in $11.6 billion in capital into UBS to lift it out of the sub-prime funding jungle. This is the latest ...

Reinventing financial planning

MICHAEL HOBBS, MICHELLE BALTAZAR  |  FRIDAY, 30 NOV 2007
More Australians will seek financial advice if the financial planning industry goes through a fundamental structural reform and gets rid of commission-driven fees. Chartered accountant Robert M.C. Brown has written a discussion paper debunking some ...

K2 floats on $20 million

CHRIS NICHOLLS  |  WEDNESDAY, 21 NOV 2007
K2 Asset Management's delayed initial public offering (IPO) has closed oversubscribed, giving the company a $20.48 million early Christmas present. K2 sold the nine per cent slice at $1.05 per share, giving the company a $228.6 million market cap from ...

Morningstar scores top ratings

MICHAEL HOBBS  |  WEDNESDAY, 31 OCT 2007
US-based investment data researcher Advisor Perspectives has found Morningstar's mutual fund rating system scores highly on rating bonds but not so much on international equities. Advisor Perspective did three separate studies, done in conjunction with ...

Fees drive super switchers

CHRIS NICHOLLS  |  WEDNESDAY, 3 OCT 2007
A new survey from the Investment and Financial Services Association (IFSA) has stated the majority of people who switch funds do so due to brand power and fees. The survey, titled 'Super Decisions: Communicating with Customers and Effective Disclosure' ...

DIY investors all cashed up

MICHAEL HOBBS  |  THURSDAY, 27 SEP 2007
Self managed super fund (SMSF) investors may not have a crystal ball on hand but a new survey found that many of them sold out of property and equities well before the July/August market correction. A joint study of more than 2,100 SMSFs back in May ...

Kelly switch shifts M&A landscape

WWW.THESHEET.COM  |  MONDAY, 20 AUG 2007
The appointment of Gail Kelly as Westpac's new chief executive is likely to change several merger and acquisition scenarios. Kelly is formally on six months leave (under the terms of her St George Bank contract) before taking the helm at Westpac in ...