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Showing 6011 - 6020 of 10709 results for "May 1997"

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 ...

Retirement innovation deadlock continues

JAMES FERNYHOUGH  |  MONDAY, 30 JUN 2014
Impediments to the development of innovative retirement products as an alternative to the account-based pension show no signs of lifting, despite industry consensus that such innovation is necessary. MetLife's recent decision to drop its hybrid annuity-style ...

New compass needed for global economy: BIS

NATHALIE OLOF-ORS, AAP  |  MONDAY, 30 JUN 2014
Countries must dramatically rethink strategies for avoiding and dealing with financial crises, the Bank for International Settlements says, urging far more focus on fighting debt. The Swiss-based BIS -- dubbed the central bankers' central bank -- has ...

Market wrap AM

AAP  |  MONDAY, 30 JUN 2014
The Australian market looks set to open higher following gains on Wall Street in a quiet day of trading in its last session with strong earnings from Nike helping to offset a profit warning from DuPont. At 0645 AEST on Monday, the September share price ...

Government plays down support for royal commission

JAMES FERNYHOUGH  |  FRIDAY, 27 JUN 2014
Initial comments from the government suggest it may be unwilling to consider the Senate Committee's recommendation that there be a royal commission into Commonwealth Bank of Australia (CBA). Prime Minister Tony Abbott said the government would "carefully ...

James knows when

BENJAMIN ONG  |  FRIDAY, 27 JUN 2014
... consumer spending - that which accounts for 70% of the economy - remains sluggish. Consumer spending rose by a mere 0.2% in May - less than half market expectations for a 0.4% and follows a 0.1% fall in the previous month. Data like this - along with ...

Market wrap AM

AAP  |  FRIDAY, 27 JUN 2014
The Australian market looks set to open flat after Wall Street fell following disappointing economic data. At 0645 AEST on Friday, the September share price index futures contract was up five points at 5,431. US consumer spending, which accounts for ...

Senate inquiry reccommends Royal Commission into CBA

LAURA MILLAN  |  THURSDAY, 26 JUN 2014
The Senate Economics Committee has recommended that the government establish an independent inquiry in the form of a judicial inquiry or a Royal Commission to examine the cases of adviser misconduct within the Commonwealth Bank financial planning businesses. ...