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Showing 591 - 600 of 1518 results for "MOT"

Court blocks IOOF class action

JAMIE WILLIAMSON  |  MONDAY, 31 OCT 2016
A proposed class action against IOOF has been rejected by the Victorian Supreme Court. Law firm Maurice Blackburn has agreed to orders prohibiting it from proceeding with the proposed law suit, commenced in December 2015 on behalf of tens of thousands ...

New CEO for Port of Melbourne

KERRIE SYDEE  |  MONDAY, 31 OCT 2016
The Lonsdale Consortium has appointed a new chief executive officer of Port of Melbourne. Effective from financial close of the 50 year lease transaction with the Victorian Government (expected to be 31 October), Brendan Bourke will take on the role. ...

Raising rates on soybeans

BENJAMIN ONG  |  MONDAY, 31 OCT 2016
The US economy just recorded its fastest rate of expansion since the third quarter of 2014 and at a seasonally adjusted annualised rate of 2.9%, the September quarter's scorecard is more than double the previous period's 1.4% increase and also better ...

MySuper transition costing retail members

JAMIE WILLIAMSON  |  THURSDAY, 20 OCT 2016
The retirement savings of retail super fund members could be diminished by $20,000 as a result of retail and bank-owned funds delaying the transition of members into default MySuper products. Research conducted by Rainmaker Information and commissioned ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 19 OCT 2016
Australia new motor vehicle sales Australian Bureau of Statistics (ABS) data show that the total new motor vehicle sales rose by 2.5% over the month of September to a record high 100,640 units. This followed a flat outcome in the previous month and ...

Magellan flags risk plan for Douglass

MARK SMITH  |  THURSDAY, 13 OCT 2016
Magellan chairman Brett Cairns has publically addressed the risk of anything happening to "key man" Hamish Douglass, reassuring investors that a plan of succession is in place. Addressing shareholders at the investment firm's annual general meeting ...

Super engagement strategies still misfiring

ALEX DUNNIN  |  THURSDAY, 13 OCT 2016
New research released by consumer group Choice reveals that engagement strategies by super funds are still a work in progress. The research: Project Superpower. Informing a strategy to engage people with their superannuation is a qualitative study that ...

Dunsford explains backpedal at EGM

JAMIE WILLIAMSON  |  TUESDAY, 11 OCT 2016
Mark Dunsford has explained his decision to withdraw the motion to change the Association of Financial Advisers' (AFA) Constitution at the recent extraordinary general meeting (EGM). The director of Dunsford Financial Planning and leader of the Life ...

Insurance reforms get member support

MARK SMITH  |  FRIDAY, 7 OCT 2016
AFA members have given their approval to the proposed reforms to the life risk industry, after a motion calling for removal of support of the Life Insurance Framework received little support in a vote. The special resolution fell well short of the votes ...

La Trobe Financial launches retail platform

DARREN SNYDER  |  WEDNESDAY, 5 OCT 2016
Investment specialist La Trobe Financial is targeting retail investors with the launch of its new online platform, La Trobe Direct. The new platform provides investors with the opportunity to invest online and directly in to the La Trobe Australian ...