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

Search Results

Showing 571 - 580 of 748 results for "Senate - 52"

Future Fund not for sale: Wong

ELISE BURGESS  |  MONDAY, 12 SEP 2011
The Gillard Government has quickly shut down Opposition allegations that it was planning to withdraw funds from the Future Fund, clarifying its actions and criticising the Liberal party's lack of understanding. The Government's predicted revenue from ...

Future Fund posts higher returns, chairman warns of volatility

ALISON BEVEGE  |  WEDNESDAY, 10 AUG 2011
Australia's Future Fund has posted increased returns on the past year while chairman David Murray has warned that the new global debt crisis could take 20 years to resolve. The world's 13th largest sovereign wealth fund posted a 12.4% return for the ...

Market Wrap - Morning

AAP  |  TUESDAY, 2 AUG 2011
The Australian share market is expected to decline following falls on Wall Street overnight on scepticism about the deal to resolve the US debt crisis. At 0717 AEST on the ASX 24 on Tuesday, the September share price index futures contract was down ...

Agreement reached on debt ceiling

ALISON BEVEGE  |  MONDAY, 1 AUG 2011
The US has reached a last-minute agreement to raise its debt ceiling, narrowly averting what might have become a global economic disaster. US President Barack Obama announced that Democrat and Republican Party leaders in both the House of Representatives ...

It's a deal

BENJAMIN ONG  |  MONDAY, 1 AUG 2011
Deal! This single word was music to the ears of investors everywhere. After weeks of restless anxiety, it came to pass - the powers-that-are in Washington agreed to raise the nation's US$14,300,000,000,000 debt ceiling. True to script the negotiations ...

ASIC jobs cut as responsibilities rise

ALISON BEVEGE  |  FRIDAY, 22 JUL 2011
The Australian Securities and Investments Commission has axed 59 jobs in the year to May as part of 87 redundancies with a further 68 to go this financial year as part of a $10 million budget cut to the corporate watchdog, dependant on a funding review. ...

Market Wrap - Morning

AAP  |  FRIDAY, 15 JUL 2011
The Australian share market is set for a weaker start today as debt concerns in the United States and Europe saw markets fall despite some positive US economic news. At 0754 AEST the local September share price index futures contract was down nine points ...

Commonwealth trustee reforms passes Senate

ALEX DUNNIN  |  WEDNESDAY, 29 JUN 2011
Legislation consolidating the trustee arrangements of the Commonwealth's main military and civilian superannuation schemes into a single entity passed the Senate this week. In a statement, the government said the new structure will modernise commonwealth ...

Coalition adopts ALP super clearing house model

ALEX DUNNIN  |  THURSDAY, 9 JUN 2011
The Coalition has adopted the ALP's superannuation clearing house policy as their preferred way to simplify contribution payments for small businesses. Under the morphed policy, the Coalition has proposed small business employers send superannuation ...

Advisers aim for independents over FOFA

ALISON BEVEGE  |  THURSDAY, 19 MAY 2011
Financial planners on the warpath over Future of Financial Advice (FOFA) reforms were given a crash course in political lobbying today by Shadow Minister for Financial Services Senator Mathias Cormann, who told them to target the independents. Speaking ...