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Labor questions Murray, calls for another inquiry

LAURA MILLAN  |  WEDNESDAY, 9 JUL 2014
... said. Labor will also seek to disallow the government's amendments to the Future of Financial Advice (FoFA) reforms over the next two weeks. Greens Senator Peter Whish-Wilson revealed yesterday that he has written a letter to Prime Minister Tony Abbott ...

Intra-fund advice exemptions in doubt

JAMES FERNYHOUGH  |  TUESDAY, 8 JUL 2014
... discuss these issues with Mr Palmer, PUP Senators and all other crossbench Senators with an interest in this issue over the next week."

All that jazz, all nonsense

BENJAMIN ONG  |  TUESDAY, 8 JUL 2014
... duh! Last time I looked, consensus expectations had always been for the first rate hike to happen in the third quarter of next year... 'twas, perhaps, only GS et al recalibrating their guesses toward consensus. Should have thought of that when the headlines ...

EQT completes ANZ Trustees acquisition

STAFF WRITER  |  MONDAY, 7 JUL 2014
... advice, estate planning, investment management and alternative investment capabilities. "The focus for the business over the next 18 months will be to integrate the ANZT business into the existing operation, as well as continue the organic growth and ...

Market Wrap AM

AAP  |  MONDAY, 7 JUL 2014
... better-than-expected US figures helped regional shares finish on an upbeat week on a high note as investors look ahead to the release next week of key Chinese indicators. Tokyo rose 0.53 per cent, Hong Kong climbed 0.33 per cent, Sydney added 0.69 per ...

So good but for the wrong spin

BENJAMIN ONG  |  WEDNESDAY, 2 JUL 2014
... the world's largest economy and fueling speculation growth is robust enough for the Federal Reserve to raise interest rates next year." Bloomberg was undoubtedly referring to the ISM manufacturing and Markit manufacturing PMI reports released last night... ...

Superpartners suspends platform development

JAMES FERNYHOUGH  |  TUESDAY, 1 JUL 2014
Superpartners has suspended development of a major IT project four years after it was due to be completed. The Australian Financial Review today reported that the aborted project exceeded its budget by $180 million. Superpartners did not respond to ...

US bond yields zipped by ZIRP?

BENJAMIN ONG  |  MONDAY, 30 JUN 2014
... interest rates is coming soon. However, the Fed's updated forecasts indicate that this would not be in the first quarter of next year as Reserve Bank of St. Louis President James Bullard declared in his interview with Fox Business News last week. At ...

Netwealth unveils key changes to advice business

LAURA MILLAN  |  FRIDAY, 27 JUN 2014
... 1,100 financial planners. "The creation of a dedicated sales team across netwealth Advice has evolved the business to the next level in relation to the growth aspirations we have for the group," head of netwealth advice Simon Micallef said. Micallef ...

Financial services stars named in rich list

MARK SMITH  |  FRIDAY, 27 JUN 2014
... executive chairman Kerry Stokes (14th place) and hedge fund guru and CQS founder Michael Hintze (23rd place). Greg Coffey is the next professional investor on the list in 87th place. Known as "the Wizard of Oz", Coffey has accumulated his $532 million ...