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Showing 6381 - 6390 of 7102 results for "June 2011"

Foreign banks lag locals, but for how long?

WWW.THESHEET.COM  |  FRIDAY, 27 JAN 2006
Despite deregulation of the banking system and foreign banks moving into Australia, local banks still have a mortgage over the banking industry. APRA has just released a quarterly snapshot of the financial performance of all banks that reveals that ...

ASIC too soft on AFSL applicants: Aud Gen

ASIC has issued Financial Services Licenses (FSLs) in a rush and without properly inspecting applications from a number of financial planners, dealers and insurance brokers, according to a new Auditor-General report. The report by the national Auditor-General ...

ING and Optimix granted RSE licences

ING Australia has been granted Registrable Superannuation Entity (RSE) licences from APRA for its trustee companies, ING Custodians and Optimix Investment Management. ING's Super Safety project manager Kim Richards said, "We are very pleased to receive ...

Macquarie fund units open for business

Macquarie Direct Property Management Limited (Macquarie Direct Property) has opened the first allotment of units in its open ended direct property fund since raising $236 million in its capital raising since October last year. The Macquarie Direct Propety ...

Companies make smooth IFRS transition: ASIC

Australian companies have made a smooth transition to the Australian equivalent to IFRS, according to an ASIC review into the implementation of the new reporting standards. Jeffrey Lucy, chairman of ASIC, released ASIC's findings. "Transition to AIFRS ...

Market wrap

AAP  |  TUESDAY, 17 JAN 2006
The Australian share market could open higher despite a lack of direction from Wall Street amid higher commodities prices. US markets closed for the Martin Luther King public holiday. The Australian stock market closed relatively flat yesterday despite ...

SIMON Transport joins TWUSUPER

Transport industry fund TWUSUPER takes the fund members of SIMON Transport under its wing after the corporate fund said it is winding up due to the increased licensing and regulatory requirements of the new super choice regime. The superannuation fund ...

Tasplan complete their own hard yards for RSE

Tasplan staff have worked hard to complete their own compliance work and have been duly awarded a Registrable Superannuation Entity (RSE) Licence, ahead of the June deadline. Tasplan general manager, Neil Cassidy, said that by doing all of their own ...

Super savings close in on hitting $800 billion: APRA

Amid fears of a country-wide superannuation savings shortfall, the latest APRA survey shows that the money keeps rolling in, with total superannuation assets now closing in on the $800 billion mark. During the period, total superannuation assets rose ...

Market wrap

AAP  |  FRIDAY, 13 JAN 2006
The Australian share market is likely to open lower, with a weak lead from Wall Street and a fairly steady day on the local market yesterday. The Australian share market continued its record-setting run, before ending relatively unchanged yesterday. ...