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Showing 5371 - 5380 of 9319 results for "Red"

The bad and the bad and the bad

BENJAMIN ONG  |  MONDAY, 20 APR 2015
It's bad, it's bad, it's bad you know it. They say bad news come in threes - we've got all three at the end of last week. Greece running out of money and reform deal still looks unlikely heading into its meeting with 'the institutions' four days and ...

NAB fined $40m over British bank failings

DARREN SNYDER  |  THURSDAY, 16 APR 2015
National Australia Bank's British bank (Clydesdayle) recently received a record fine nearing $40 million for lying to the United Kingdom's Financial Ombudsman Service as well as adopting inappropriate complaint policies. The UK's Financial Conduct Authority ...

Now for Australia's debt surge

BENJAMIN ONG  |  THURSDAY, 16 APR 2015
Sufferin' succotash! Now we're really in trouble. Australians all, let's not rejoice for the bad news is piling up on us... one after the other. There's slowing China - GDP decelerated to 7.0% in the first quarter from 7.4% in 2014 - and is pushing ...

Media Super doubles investment menu

STAFF WRITER  |  WEDNESDAY, 15 APR 2015
Boutique public offer fund Media Super has defied industry trends by more than doubling the size of its investment menu. Following a strategic redesign, Media Super has increased the number of pooled investment choices from 10 to 23, not including the ...

FOS decries unpaid compensation

DARREN SNYDER  |  TUESDAY, 14 APR 2015
The Financial Ombudsman Service believes a limited compensation scheme is the missing piece from regulatory discussions and suggested improvements in Australia's financial system. The call comes as part of the service's submission to the Financial System ...

China's trade trouble

BENJAMIN ONG  |  TUESDAY, 14 APR 2015
Crrr-unch! That's the sound of China's trade numbers collapsing. And it was a thunderous thud, Virginia. The country's trade surplus shrank to US$3.08 billion in March from $60.6 bil in February and expectations for a US$40 bil print. With imports dropping ...

Even simple funds pose risks: IMF

DARREN SNYDER  |  FRIDAY, 10 APR 2015
Even simple investment funds, including long only mutual funds, can pose financial stability risks, warns the International Monetary Fund (IMF). The international body's recent update to its Global Financial Stability Report offered five policy messages ...

Views sought on super form changes

DARREN SNYDER  |  WEDNESDAY, 8 APR 2015
Federal treasury is calling for submissions on draft legislation that will see employers no longer obligated to provide a standard choice of fund form to temporary residents or to employees when their superannuation funds merge. In November last year ...

Strike three

BENJAMIN ONG  |  WEDNESDAY, 8 APR 2015
It's a hat trick. It's three for three. Three times that the Reserve Bank of Australia (RBA) wrong-footed market expectations. Governor Glenn Stevens cut interest rates by 25 basis points to a record low 2.25% back in February when markets expected ...

Super industry views sought on data collection

DARREN SNYDER  |  TUESDAY, 7 APR 2015
Industry representatives are encouraged to comment on changes to new superannuation reporting requirements proposed for the Australian Bureau of Statistics. The Australian Prudential Regulation Authority (APRA) published a recent ABS letter regarding ...