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Waiting for the midnight hour

BENJAMIN ONG  |  TUESDAY, 21 FEB 2012
... then what? And then we go back to our merry ways when Europe "says it best when they say nothing at all" until before the next refunding, that is. And based on the schedule compiled by Goldman Sachs, Germany, Italy, France, Spain, Greece, Ireland and ...

Market Wrap - Morning

AAP  |  TUESDAY, 21 FEB 2012
... secure a massive but long-delayed international bailout, allowing the debt-crippled country to avoid defaulting on its debts next month. A surprise easing in monetary policy in China over the weekend also added to the buoyant mood in markets on Monday ...

Shorten locks down accountant timeline

ELISE BURGESS  |  MONDAY, 20 FEB 2012
... said new legislation on advice accountants can provide to SMSFs and the auditors registration will be revealed within the next fortnight. Andrea Slattery, SPAA chief executive, said the association supports restricted advice licence arrangement to address ...

Superannuation needs more regulatory resilience: ASIC

MELANIE TIMBRELL  |  MONDAY, 20 FEB 2012
... a result of more products, more investors and greater funds. "Superannuation is expected to grow to $3 trillion over the next decade and up to $5 trillion by 2030. It will grow at twice the rate of the economy. This will increase ASIC's regulatory perimeter ...

All Greeced out

BENJAMIN ONG  |  MONDAY, 20 FEB 2012

Market Wrap - Morning

AAP  |  FRIDAY, 17 FEB 2012
... in a jittery mood on Thursday as uncertainty escalated over whether Greece will get vital bailout cash to avoid defaulting next month, but more buoyant US jobs data helped shore up sentiment. Greece's economic future was the focus in the markets as a ...

Pricing competition risks net returns from MySuper: FSC

MELANIE TIMBRELL  |  THURSDAY, 16 FEB 2012
... Australia's first $100 billion super fund, and a group of leading superannuation funds with assets of over $50 billion in the next five years," said Brogden. Governance was identified as another area for debate over the coming year. "In particular, the ...

Insult me, insult you

BENJAMIN ONG  |  THURSDAY, 16 FEB 2012
... Hope, that the "troika" would now throw another lifeline. Frustration that decision has been postponed from yesterday to next week. Now we have a brand new twister in our midst. Reports out in cyberspace last night talk of the European "powers-that-are" ...

SMSFs focus on risk reduction: report

RACHEL DAVIS  |  WEDNESDAY, 15 FEB 2012
... Generation X respondents (aged 31-45 years) and 10.0% of Generation Y respondents intend to establish an SMSF within the next two years, compared to 10.5% of Baby Boomers. "The SMSF industry continues to grow exponentially and is a bellwether for the ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 15 FEB 2012
... ministers have insisted the leaders of both Greece's major political parties commit to implementing austerity measures beyond the next election, expected in April, before they agree to bail out the debt-stricken country. They are also seeking an additional ...