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Showing 6001 - 6010 of 10706 results for "May 2012"

Governor Glenn lets his jaw drop

BENJAMIN ONG  |  MONDAY, 7 JUL 2014
Reserve Bank of Australia (RBA) Governor Glenn Stevens was in Tasmania letting it all rip at the same time that most of us were co-celebrating Dow 17K with our American brethrens on 'Independence Day' eve. On 3 July, Governor Glenn spoke before 'The ...

CBA reaction too slow, too little, too late

LAURA MILLAN  |  FRIDAY, 4 JUL 2014
Commonwealth Bank's initiative to set up a program to review financial advice given to its clients from 2003 to 2012 has been slammed by several stakeholders for being too slow, too little and too late. Speaking at a Melbourne Institute event yesterday ...

Independence Day for the US economy

BENJAMIN ONG  |  FRIDAY, 4 JUL 2014
... (that followed an upwardly revised 224K add in May) and the unemployment rate to a better-than-expected 6.1% from 6.3% in May - suggest that Uncle Sam's country could now grow unaided. Uh-oh, looks like I owe Federal Reserve Bank of St. Louis President ...

ASIC jails AMP former adviser

HARRY PAGE  |  THURSDAY, 3 JUL 2014
A former authorised representative of AMP Financial Planning has been jailed for 13 years after being convicted for 181 counts of theft. The Australian Securities and Investments Commission (ASIC) has permanently banned former Tina Louise McPhee in ...

So good but for the wrong spin

BENJAMIN ONG  |  WEDNESDAY, 2 JUL 2014
The sun is shining, the sky is blue and the butcher, the baker and the candlestick maker appears to have celebrated America's 'Independence Day' three-days early. You'd be jingling your bells and singing hallelujah too, Virginia, when you look at what ...

Third arrow, broken arrow

BENJAMIN ONG  |  TUESDAY, 1 JUL 2014
... month before. The good news is that the latest update showed retail sales fell by a smaller than expected 0.4% in the year to May - they dropped by 1.4% year-on-year in May 1997. The bad news is that real household consumption continues to fall, dropping ...

Market wrap AM

AAP  |  TUESDAY, 1 JUL 2014
The Australian market looks set to open higher despite a mixed performance on Wall Street following a jump in US pending home sales and General Motors' announcement of another massive car recall. At 0645 AEST on Tuesday, the September share price index ...

Market wrap

AAP  |  MONDAY, 30 JUN 2014
The share market is slightly lower as investors wait for more signs on the economy's health. Investors have shrugged off strong leads from the US to take profits as the 2013-14 financial year comes to an end, CMC Markets chief market analyst Ric Spooner ...

ATO closing in on undisclosed offshore income

MARK SMITH  |  MONDAY, 30 JUN 2014
The Australian Taxation Office (ATO) is mining data to track down people with undisclosed offshore income and assets. The ATO is examining information from a range of sources including: data from overseas tax authorities on Australians with offshore ...

Henderson set to acquire US fund manager Geneva

MARK SMITH AND AAP  |  MONDAY, 30 JUN 2014
Henderson Global Investors has entered into an agreement to acquire the entire issued share capital of Geneva Capital Management (Geneva). Henderson said taking over Geneva - with its $US6.3 billion ($A6.82 billion) assets under management (AUM) in ...