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

Search Results

Showing 5551 - 5560 of 6266 results for "DET"

Ken Done sues over $53m bad advice

MICHAEL HOBBS  |  THURSDAY, 20 MAR 2008
Renowned artist Ken Done is suing his accountant, the accountancy firm, Bentley Barton & Partners and Commonwealth Bank-owned Financial Wisdom after receiving poor financial advice that cost him $53 million. Brian Fitzgerald, Commonwealth Bank spokesperson ...

AXA to invest $30m in life insurance

AXA Australia plans to invest more than double each year into its life insurance business to move from its position as a sixth rank provider to one of the top three in the sector. In previous years, AXA invested around $3 million to $5 million each ...

Building green for the future

RUTH LIEW  |  THURSDAY, 20 MAR 2008
Green buildings are gaining traction in Australia and superannuation funds should act now if they would like to cash in on the sustainable building sector, says an industry expert. Michael Drapac, managing director of green property funds manager Drapac ...

Time to get radical: IMF

ALEX DUNNIN  |  WEDNESDAY, 19 MAR 2008
In September when the sub-prime mess began unfolding, the big worry was whether it would spill over to the real economy. The International Monetary Fund (IMF) thinks this may now be happening and has taken the problem to a whole new level requiring ...

Macquarie shuts down US mortgage operation

WWW.THESHEET.COM  |  TUESDAY, 18 MAR 2008
A week after Macquarie Bank announced its decision to get out of the Australian mortgage market, the group's US subsidiary Macquarie Mortgages Inc of Jacksonville, Florida, wrote to brokers informing them that it would no longer be accepting applications ...

MTAA boosts insurance cover

MICHAEL HOBBS  |  MONDAY, 17 MAR 2008
MTAA Superannuation Fund has improved its group insurance cover for its members after renewing its contract with MetLife Insurance. The super fund member default insurance cover includes total and permanent disability (TPD) cover. In addition, many ...

Good billing helps SMSF admin

MICHAEL HOBBS  |  MONDAY, 17 MAR 2008
Outsourcing fund administration works if you have the right billing arrangement in place, said Andrew Bloore, chief executive of smartsuper, a self-managed super fund administrator. Speaking at the SPAA conference last week, Bloore said some accounting ...

Sentiment sinks on floats

MARK STORY  |  MONDAY, 17 MAR 2008
Failing business confidence, courtesy of the US-led sub-prime credit crisis has diminished corporate appetite for listing on the main board of the ASX. According to Pricewaterhousecoopers (PwC) latest survey of sharemarket floats, the number of business ...

Market Wrap - Morning

AAP  |  MONDAY, 17 MAR 2008
The Australian share market is expected to open lower on the back of a poor lead from Wall Street and a mixed metals market in London. At 0701 AEDT on the Sydney Futures Exchange, the March share price index contract was down 36 points at 5124. Today ...

Bluestone cuts back hard

WWW.THESHEET.COM  |  FRIDAY, 14 MAR 2008
Bluestone Group is the latest lender to make big cuts in its lending program in the face of increasingly risk-averse global debt markets. Bluestone, a specialist supplier of non-conforming loans, told staff and business partners yesterday that it would ...