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Showing 6321 - 6330 of 10557 results for "BEI"

ICAC grills Sinodinos on $20 million inducement

JAMES FERNYHOUGH  |  FRIDAY, 4 APR 2014
Former assistant treasurer Arthur Sinodinos has said it "never occurred" to him to disclose to New South Wales Premier Barry O'Farrell that he stood to earn a $10 to $20 million commission if Australian Water Holdings (AWH) won its bid to participate ...

Government takes aim at corporation tax

JAMES FERNYHOUGH  |  FRIDAY, 4 APR 2014
Australia's 30% corporation tax rate is getting in the way of the nation becoming a regional "financial services powerhouse", according to Parliamentary Secretary to the Treasurer Steven Ciobo. Speaking at the Financial Services Council (FSC) Life Insurance ...

Market Wrap AM

AAP  |  FRIDAY, 4 APR 2014
The Australian market looks set to open flat with Wall Street little changed as investors digest a series of economic data ahead of Friday's big US jobs report for March. At 0805 AEDT on Friday, the June share price index futures contract was down six ...

Incoming NAB CEO to look at "legacy issues"

ALICE URIBE  |  THURSDAY, 3 APR 2014
Incoming National Australian Bank (NAB) chief executiveA and managing director Andrew Thorburn said that he will retain a core focus on the Australian and New Zealand franchises and will address the bank's ongoing legacy issues when he takes the reins ...

RBA questions super fund infra investment

ALICE URIBE  |  THURSDAY, 3 APR 2014
The Reserve Bank of Australia (RBA) has questioned the role of superannuation funds boosting funding for infrastructure investment, saying that it is not appropriate to mandate funds to invest in assets to meet "broader national objectives." In its ...

FBI launches probe into high speed traders

MARK SMITH  |  THURSDAY, 3 APR 2014
The US Federal Bureau of Investigation (FBI) and securities regulators have opened up an examination into whether high frequency trading (HFT) firms are involved in insider trading. According to reports, the Securities and Exchange Commission (SEC) ...

Insurance industry still behind on big data usage

LAURA MILLAN  |  THURSDAY, 3 APR 2014
The insurance industry is still behind when it comes to accessing and using customer data to predict consumer behaviour and design personalised products. Bravura Solutions and the Financial Services Council (FSC) conducted a poll on the life insurance ...

ICAA questions AFSL system, calls for individual licensing

ALICE URIBE  |  TUESDAY, 1 APR 2014
The Institute of Chartered Accountants Australia (ICAA) has said that the current practice of individual financial advisers operating under the Australian Financial Services Licences (AFSLs) of institutions could result in a decline of competition and ...

Allianz launches cyber risk insurance product

MARK SMITH  |  TUESDAY, 1 APR 2014
Allianz Global Corporate & Specialty (AGCS) has launched a cyber risk insurance product to counter the growing threat to security faced by Australian businesses. Allianz Cyber Protect has been launched to the Australian market to enable businesses to ...

MLC GM to chair community foundation, focuses on mental health

STAFF WRITER  |  MONDAY, 31 MAR 2014
The MLC Community Foundation has appointed Lara Bourguignon as its new chair taking effect from 1 April 2014. Established in 2008 as part of MLC, the wealth management arm of NAB, the Foundation provides support to Australian communities by investing ...