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

Search Results

Showing 551 - 560 of 677 results for "Shorte"

Coalition still unconvinced on 12 pc SG

ALEX DUNNIN  |  THURSDAY, 28 OCT 2010
Coalition superannuation spokesperson and shadow assistant treasurer Senator Mathias Cormann has given the strongest signal yet that the opposition is unlikely to support lifting SG to 12 per cent. Senator Cormann said Bill Shorten, the Assistant Treasurer ...

Singapore makes $8.4bn grab for ASX

JOHN MCDULING  |  MONDAY, 25 OCT 2010
The Singapore stock exchange, SGX, has made an $8.4 billion bid for the ASX - a move that could see Australia's major exchange become a mere divisional office to Singapore's, if the deal receives regulatory approval. Australian Securities Exchange shareholders ...

Full steam ahead for MySuper

RUTH LIEW  |  MONDAY, 25 OCT 2010
Superannuation minister Bill Shorten has cited Australians' concerns that super is too complex as a key reason why MySuper will be implemented as planned. Minister Shorten quoted research from Colmar Brunton that showed consumers generally find information ...

ACCC responds to NAB/AXA deal criticism

RUTH LIEW  |  FRIDAY, 1 OCT 2010
The Australian Competition & Consumer Commission has hit back at criticisms of its "lack of timeliness" in making decisions about NAB's merger with AXA. In a speech made in Sydney yesterday, Graeme Samuel, chairman of the ACCC, called the timeliness ...

Shorten takes on superannuation portfolio

RUTH LIEW  |  MONDAY, 13 SEP 2010
Bill Shorten, former Parliamentary secretary for disability services and AustralianSuper and Victorian Funds Management Corporation director, has been appointed minister for superannuation while former superannuation minister Chris Bowen takes on the ...

Goldman Sachs pay $620m to settle SEC lawsuit

SEC RELEASE, BLOOMBERG  |  FRIDAY, 16 JUL 2010
Goldman Sachs & Co has paid the US regulator more than $620 million (US$550 million), the largest penalty ever levelled against a financial firm, for allegedly misleading investors regarding the deals behind its sub-prime mortgage product. Goldman Sachs ...

Short form PDS gets green light

RUTH LIEW  |  FRIDAY, 25 JUN 2010
Super fund members can look forward to an eight-page product disclosure statement (PDS) rather than 80, as new laws announced this week kick in. The new regulations are an important step forward to a new era in disclosure for fund members, said super ...

GVI launches unhedged global industrial fund

COMPANY RELEASE  |  THURSDAY, 10 JUN 2010
International equities investment manager Global Value Investors has launched an unhedged version of its Global Industrial Share Fund (GISF). Head of investments at GVI, Roy Chen, said the new fund would provide greater choice for investors at both ...

Turning Bear

BENJAMIN ONG  |  TUESDAY, 8 JUN 2010
Dear Abby, I have a confession to make...I think I'm losing my horns and my tail is growing shorter. My body is slowly being covered with fur, what used to be hooves are now claws and I am getting an unusual craving for honey. OMG! I think I'm turning ...

Local unis smash US funds returns

RUTH LIEW  |  THURSDAY, 3 JUN 2010
Local university endowment funds investments performed three times better than their US counterparts - a trend that looks set to continue as local institutions up the ante on alternative assets. According to a Mercer report that surveyed 27 institutions ...