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Showing 6451 - 6460 of 10709 results for "May 1997"

Bank levy upsets senior lobby

JAMES FERNYHOUGH  |  FRIDAY, 2 AUG 2013
Lobby group National Seniors Australia have criticised the government's plan to put a 0.05% levy on bank deposits in 2016, saying it will force pensioners into riskier investment alternatives. National Seniors Australia chief executive Michael O'Neill ...

Perpetual not concerned about ACCC initial report

LAURA MILLAN  |  FRIDAY, 2 AUG 2013
Perpetual is not concerned about the Australian Competition and Consumer Commission (ACCC) preliminary views, which suggested that Perpetual's takeover bid for The Trust Company could harm market competition. "This is a natural step of the process," ...

AQUA II exemptions unfairly favour ASX: FSC

JAMES FERNYHOUGH  |  WEDNESDAY, 31 JUL 2013
The Financial Services Council (FSC) has said that the application form relief being proposed for the ASX Managed Fund Service (AMFS) should be extended to all registered Managed Investment Schemes (MIS). Under current proposals, the AMFS - popularly ...

Aussie super, a tempting catch for organised crime

LAURA MILLAN  |  WEDNESDAY, 31 JUL 2013
Well-resourced and sophisticated international organised fraud networks are increasingly targeting the large pool of compulsory superannuation savings in Australia. While traditionally the greatest threat to super savings came from opportunistic individuals ...

India's triple dilemma

BENJAMIN ONG  |  WEDNESDAY, 31 JUL 2013
Every country in the world wants their currency to be cheaper than the others, correct? In this world of subpar growth, a currency lower than the rest provides that extra kick that the economy needs - never mind 'beggaring the neighbours'. This is the ...

Market Wrap AM

AAP  |  WEDNESDAY, 31 JUL 2013
The Australian share market is set to open slightly higher despite a quiet night on Wall Street as investors wait for the outcome of a US Federal Reserve policy meeting. The September share price index futures contract is up seven points at 5,014. The ...

AIA Group reports 34% profit growth

LAURA MILLAN  |  TUESDAY, 30 JUL 2013
Life insurer AIA Group has reported strong profits on its interim results for the six months ending May 31, 2013. The group, which is listed in Hong Kong but operates in Australia as AIA Australia, has reported a net profit growth of 34% and a 29% of ...

Balanced funds ill-suited for fixed income blow-up

MARK SMITH  |  TUESDAY, 30 JUL 2013
Typical balanced superannuation portfolios are ill-equipped to protect investors from the impending end of quantitative easing and the subsequent rise in global bond yields, according to Russell director of client strategies for Asia Pacific Scott Fletcher. ...

North Asian cyclical stocks 'unjustifiably cheap'

MARK SMITH  |  MONDAY, 29 JUL 2013
Cyclical companies based in North Asian economies represent the best value investment in Asia, according to AllianceBernstein's specialist in the region Stuart Rae. The portfolio manager, who is chief investment officer for Pacific Basin Value Equities ...

Breaking Australia's love affair with the lump sum

JAMES FERNYHOUGH  |  MONDAY, 29 JUL 2013
As the population ages, Australia's three-pillar retirement system will find itself under unprecedented pressure. According to MTAA Super chief executive Leeanne Turner, over the next decade about four million Australians will retire. An integral part ...