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Showing 5611 - 5620 of 9740 results for "Major"

WHK appoints SMSF head

MARK SMITH  |  THURSDAY, 21 FEB 2013
... appointed Susie Salmon as head of self managed super funds (SMSF). The appointment of a specialist senior SMSF professional by a major accountancy group highlights the additional resources financial services firms are ploughing into the sector to benefit ...

Puke on the punchbowl

BENJAMIN ONG  |  THURSDAY, 21 FEB 2013
So near, yet so far. Remember those back of the envelope calculations we did yesterday, Virginia? The one which showed that the S&P 500 is almost there - could reclaim the all-time peak it reached in October 2007 by this weekend or at the most by the ...

Don't stop me now

BENJAMIN ONG  |  WEDNESDAY, 20 FEB 2013
... index rallied by 6.8% in the year to 18 February 2011 (it's gained 7.3% over the same period this year). Guess what was the major news of that time? It was Nouriel "Dr. Doom" Roubini changing his spots. In a CNBC interview, Dr. Roubini announced his ...

Credit unions mount 'social' battle against banks

MICHELLE BALTAZAR  |  TUESDAY, 19 FEB 2013
... two out of three respondents want an independent review of the system. "Australians are angry about the dominance of the major banks," Abacus CEO Louise Petschler said. "[Our] Balance Banking campaign will lobby for change to address the imbalance in ...

CalPERS cry foul play, backs lawsuit

MICHELLE BALTAZAR  |  TUESDAY, 19 FEB 2013
... hold the ratings agencies accountable." The action was filed in the Central District of California where it wasn't just the major pension funds like CalPERS that were affected but hundreds of homeowners who took out subprime mortgage loans. "Institutional ...

Market Wrap PM

AAP  |  FRIDAY, 15 FEB 2013
... down, losing 27 cents to $38.62, while Fortescue Metals Group shed 11.5 cents to $5.275. ANZ was the biggest loser among the major banks, with its stocks dropping 21 cents, or 0.75 per cent, to $27.85 after it said its first quarter net profit had dropped ...

No fuss transition to 'no frills' super: Sunsuper

LAURA MILLAN  |  FRIDAY, 15 FEB 2013
... yesterday the first APRA authorisation. "This first authorisation is further evidence of the Gillard Government delivering on a major superannuation reform commitment made at the last election," Shorten said. "We don't need more inquiries into superannuation ...

Retail investors need new defensive investments

BEN COLLINS  |  FRIDAY, 15 FEB 2013
... chance that it could drop to as low as 2%. Bond yields have also already priced this rate in, he said. "They [Australia's major banks] will need to take the term deposit rate lower," he said. Earlier this month the Reserve Bank left the official cash ...

Beans means Buffet

BENJAMIN ONG  |  FRIDAY, 15 FEB 2013
Buffet buys beans (and ketchup) maker. I think this about sums up the major event of last night. Wall Street liked it. It closed on the up after a down opening buffeted (pardon the pun, or is this a pun?) by news of continuing contraction in the economies ...

Stop using super as political pawn: Narev

MARK SMITH  |  THURSDAY, 14 FEB 2013
Commonwealth Bank boss Ian Narev has urged politicians from both sides of the aisle not to use superannuation as a political pawn in the run up to the Federal election. "It is absolutely critical that we have a long-term position and certainty in superannuation," ...