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Showing 5641 - 5650 of 6266 results for "DET"

Centric snaps up lending firm

CHRIS NICHOLLS  |  MONDAY, 13 AUG 2007
Centric Wealth has acquired boutique lending and brokerage firm Kingsbridge & Eagle (K&E), expanding its lending division and taking it further down the path of a European-style private bank. K&E specialise in providing mortgages, commercial finance ...

US securitisation provisions cost Mariner Bridge

WWW.THESHEET.COM  |  FRIDAY, 10 AUG 2007
Mariner Bridge yesterday announced a full year net profit of $4.1 million, offset by a $10.4 million provision for the company's investments in the US securitisation market. Including a further $5 million provision for 2008, Mariner will have now written ...

ALP wants industry funds on awards

ALEX DUNNIN  |  WEDNESDAY, 8 AUG 2007
The Australian Labor Party (ALP) has attracted support from the financial services industry with their calls to cut foreign withholding tax, but their call to make industry funds the automatic default super choice for industrial awards is less likely ...

Rate hike to launch dollar?

SUZY MAC  |  WEDNESDAY, 8 AUG 2007
Higher inflation has proved too hot to handle for the Reserve Bank board who increased the cash rate by 25 basis points to 6.5 per cent - our highest cash rate since November 1996. Reserve Bank Governor, Glenn Stevens, highlighted that economic conditions ...

ASX updates corporate governance guidelines

CHRIS NICHOLLS  |  FRIDAY, 3 AUG 2007
The Australian Securities Exchange Corporate Governance Council today released its first update to the ASX's Corporate Governance Principles and Recommendations since 2003. To be launched officially this afternoon by Parliamentary Secretary to the Treasurer ...

Sub-prime dominoes falling

The sub-prime contagion's knock-on effect has so far collided with leveraged loans, investment grade bonds, high yield currencies and global equities. Now local councils are feeling the heat. While consensus has been that the sub-prime fallout would ...

Market wrap - midday

AAP  |  THURSDAY, 2 AUG 2007
The Australian share market is a sea of green this morning, despite wiping off nearly $60 billion in value yesterday, after US equities shot up shortly before close overnight. US investors picked up shares beaten down by worries over deteriorating credit ...

Four pillars policy no longer relevant

Westpac chief executive David Morgan has lambasted the government's 'four pillars policy', suggesting it would only make the country's four largest banks, Commonwealth Bank, ANZ, NAB and Westpac more vulnerable to foreign ownership. Speaking at the ...

IMF blames the world

SUZY MAC  |  FRIDAY, 27 JUL 2007
While the Federal Treasurer insists Australia's inflation remains within RBA targets, the International Monetary Fund warns central banks must tighten fiscal policies as global growth accelerates. In a July update to its 2007 World Economic Outlook ...

Absolute Capital suspends redemptions

WWW.THESHEET.COM  |  THURSDAY, 26 JUL 2007
Hedge fund manager Absolute Capital posted a notice on its website yesterday saying that it had "closed" its flagship fund, the $200 million Absolute Capital Yield Strategies Fund. The Yield Strategies Fund is an investor in the structured credit market ...