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Showing 521 - 530 of 819 results for "Settlement"

Mortgage Choice booms, invests in planners

AAP AND ALICE URIBE  |  FRIDAY, 22 AUG 2014
... profit rose 17% and 23%, respectively. Mortgage Choice wrote $10.4 billion in loans in the year - its highest ever settlement figure - up 18.1%. "We have embraced the opportunities that the strong market has presented us with and managed to deliver some ...

IOOF completes SFGA buyout

LAURA MILLAN  |  WEDNESDAY, 20 AUG 2014
... consideration and the issue of new IOOF shares will happen today. However, the new IOOF shares started trading on a deferred settlement basis on August 7. Regular trading of the new shares is expected to start on August 21. In July this year, SFG Australia ...

Allan Gray funds to access mFund through OneVue

STAFF WRITER  |  FRIDAY, 15 AUG 2014
... members of mFund. OneVue chief operating officer Lisa McCallum said the company will act as Allan Gray's product issuer settlement participant (PISP) and facilitate connectivity to mFund. "One of the key benefits is OneVue's connectivity to the ASX's ...

Folkestone acquires land for planned community

STAFF WRITER  |  TUESDAY, 5 AUG 2014
... the completion in April 2014 of an Independent Panel Report into the PSP3. The Project is being acquired on a staged settlement basis with a series of payments required between now and 2016. Folkestone is underwriting the Fund offer of $18.25m. Folkestone ...

ASX agrees to changes after ASIC review

MARK SMITH  |  MONDAY, 28 JUL 2014
... The changes will affect the way the ASX monitors market participants and enforces compliance as well its clearing and settlement operations. The issues did not cause ASIC to qualify the conclusion that ASX adequately met its obligations for the assessment ...

Bendigo and Adelaide Bank reaches agreement in Great Southern case

ALICE URIBE  |  THURSDAY, 24 JUL 2014
... interest) that is payable by borrowers in default, which is accrued and unpaid up to the date the Court approves the settlement. Bendigo and Adelaide Bank managing director Mike Hirst, said he was pleased with the settlement. "We have always maintained ...

CBA whistleblower casts doubts over compensation scheme

LAURA MILLAN  |  THURSDAY, 24 JUL 2014
... 4. "The program invites those customers to call a dedicated team and discuss the advice they have received and any settlement that may be due as a result of that advice. It then extends to offer them independent advice from a customer advocate following ...

Praemium reports strong rise in SMA funds

MARK SMITH  |  MONDAY, 21 JUL 2014
... for the preceding quarter. Included in this quarter were receipts relating to recent market announcements, namely the settlement of legal proceedings in Hong Kong and milestone payments under the Dah Sing Bank contract. Positive operating cash flow has ...

Hedge funds risk collapse without middle office upgrades

MARK SMITH  |  WEDNESDAY, 16 JUL 2014
... reputational risk is also significant." The industry is currently consulting on introducing regulation to shorten trade settlement times from the current three days to two. This will only increase the pressure on managers to tighten up their systems. ...

Market wrap

AAP  |  WEDNESDAY, 16 JUL 2014
... to $1.3475 after agreeing to pay $500 million to survivors of Victoria's Black Saturday bushfires. The class action settlement - the largest in Australian history - follows claims faulty equipment ignited the Kilmore East/King Lake bushfire in February ...