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

Search Results

Showing 551 - 560 of 820 results for "Gear"

Of bulls, bears and flatliners

BENJAMIN ONG  |  TUESDAY, 7 JUL 2009
Quo Vadis Wall Street? A sell-off in the first quarter that rebounded towards the end. A strong rally in the second quarter that fizzled towards the end. Where is Wall Street going in the next three months? The next year? Your guess is as good as mine. ...

Bankrupts jump on the web

ASIC RELEASE  |  WEDNESDAY, 1 JUL 2009
The record number of companies including managed funds and planning firms that filed for bankruptcy last year prompted ASIC to create a website tailored for those dealing with financial difficulties. The site, www.asic.gov.au/insolvency, aims to give ...

Not a happy EOFYS on Wall Street

BENJAMIN ONG  |  WEDNESDAY, 1 JUL 2009
Just when you thought the last day of the month, the quarter and the halfway mark of 2009 would end on a high note for Wall Street, it ended with a whimper. Yes, while we were recharging our batteries -- and dreaming about winning that A$106 million ...

ASIC flags end-of-year signposts

RUTH LIEW  |  MONDAY, 29 JUN 2009
The financial services watchdog ASIC is calling on listed financial services companies to provide more disclosure on their 'going concern' assumptions, asset valuations and hedging arrangements when they file their 30 June 2009 financial reports. Following ...

ING battles longevity risk

MICHELLE BALTAZAR  |  WEDNESDAY, 10 JUN 2009
After more than a year at the helm, ING Australia's chief executive Harry Stout said the group is gearing up to launch a new suite of income and investment products tailored around longevity risks. At a time when most investment houses are hunkering ...

TOWER profit down, life business up

COMPANY RELEASE  |  THURSDAY, 28 MAY 2009
TOWER Australia posted a 12 per cent fall in net profit after tax to just over $27 million in the firm's first half results, while new individual life sales continue to increase. Despite the fall in net profit after tax, TOWER Australia's underlying ...

FOS gears up to combat record complaints

MICHAEL HOBBS  |  WEDNESDAY, 27 MAY 2009
The Financial Ombudsman Service (FOS) is on a hiring spree, increasing staff numbers by around 25 per cent in around nine months to cope with record levels of complaints across the financial services market. Colin Neave, chief ombudsman at FOS, said ...

Great Southern falls into administration

COMPANY RELEASE  |  MONDAY, 18 MAY 2009
Agribusiness fund manager Great Southern has appointed administrators after its banks withdrew support for its ongoing restructuring program. The directors of Great Southern Limited and Great Southern Managers Australia Limited have appointed Martin ...

Thrift is the new cool: K2

MICHELLE BALTAZAR  |  TUESDAY, 12 MAY 2009
From high-speed railway to high-tech alarms, fund manager K2 Asset Management banks on stocks that will flourish in the face of a global recession. Nick Griffin, the group's head of international strategy, said that investors should tap into mega-trends ...

Pockets of income in property

MICHELLE BALTAZAR  |  WEDNESDAY, 29 APR 2009
GDI Property Group notched a bargain when it purchased a CBD office centre known to Adelaide locals as the Black Stump - a landmark building that will underpin a new fund that promises a regular income distribution of at least 10 per cent per annum. ...