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Showing 6541 - 6550 of 9322 results for "Red"

CBA commits to local jobs

ELISE BURGESS  |  FRIDAY, 20 APR 2012
CBA boss Ian Narev has committed to retaining local staff and not moving offshore, despite pressures from customer preferences, instead promising to simplify products. Speaking in a shareholder briefing yesterday, Narev said the Commonwealth Bank of ...

MLC adds strategies, lowers share exposure

ELISE BURGESS  |  WEDNESDAY, 18 APR 2012
MLC has continued its spree of asset allocation changes with news of two new strategies for four of its MLC Horizon Series, including allocations to three managers and limiting its exposure to global shares. MLC has made an allocation to a multi-asset ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 18 APR 2012
The Australian dollar is three quarters of a US cent higher after a successful Spanish bond auction reduced fears of a fresh European debt crisis. At 0700 AEST on Wednesday, the currency was trading at 103.89 US cents, up from 103.14 cents on Tuesday ...

Russell rethinks indices on expected bank windfall

MELANIE TIMBRELL  |  TUESDAY, 17 APR 2012
Russell Investments has reconstituted the Australian high dividend and high value indices in favour of banking stocks ahead of reporting season. The semi-annual reconstitution has been driven by attractive valuations and expected income from the banks. ...

Australian finance sector jobs plummet

MELANIE TIMBRELL  |  TUESDAY, 17 APR 2012
Australia has experienced the biggest Asia Pacific slowdown in finance sector jobs in Q1, according to research from website eFinancial Careers. Recording a reduction of 19% in finance sector job opportunities from the previous quarter, Australia lead ...

Hyperion restructures, names new MD

MELANIE TIMBRELL  |  TUESDAY, 17 APR 2012
Boutique Australian equities fund manager Hyperion Asset Management has named Tim Samway new managing director following the decision to establish a private equity business. Samway is currently Hyperion's institutional business director and a founding ...

What price surplus?

BENJAMIN ONG  |  MONDAY, 16 APR 2012
Whose fault is it anyway? New Greens leader Christine Milne has barely warmed the seat Bob Brown vacated last week and she's already off to a firing start. Don't blame Julia and Swan (and the Greens?), they've been locked in into delivering the "promised" ...

Calls for CGT merger relief

ELISE BURGESS  |  FRIDAY, 13 APR 2012
Lack of clarity around the Government's intention for providing capital gains taxation relief for superannuation mergers is damaging members and limiting MySuper outcomes, according to AustralianSuper and ASFA. With the rising trend of super fund mergers ...

ANZ cuts wealth mgmt by 230

ELISE BURGESS  |  FRIDAY, 13 APR 2012
ANZ Wealth will cut 230 roles from its division, the bank confirmed today, due to rising costs and customer preferences. Initially announcing in February that 1000 jobs would be cut in the 2012 financial year, ANZ advised staff on Wednesday that around ...

Retirement funding needs aged care inclusion

MELANIE TIMBRELL  |  THURSDAY, 12 APR 2012
As budget cuts to public spending loom, wealth providers are warning the cost of aged care needs to be factored into retirement planning. "The likelihood of care and its associated cost needs to be recognised at the beginning of retirement, not when ...