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| | | Government policy on concessional contribution caps is causing significant difficulties to super funds members, according to The Association of Superannuation Funds of Australia. In a new submission to the Treasury, ASFA said the halving of concessional ... |
| | | | Trio Capital directors, Rex Phillpott and David Andrews, have conceded to APRA that with the benefit of hindsight they should have acted differently and regret their actions, with the regulator accepting an enforceable undertaking from the pair. The ... |
| | | | Praemium has completed a $5 million capital raising, to provide for long-term growth plans and the implementation of short term cost efficiencies. Praemium requested a trading halt on Wednesday before successfully completing the $5 million capital raising ... |
| | | | Australian stocks were flat at noon after disappointing jobs data prompted a selloff that left the market briefly in red figures. At 1201 AEST, the benchmark S&P/ASX200 index was up 4.1 points, or 0.1 per cent, at 4,187.5 points, while the broader All ... |
| | | | AXA Australia is in the process of winding up seven funds, including a $1.06 billion mortgage fund, with a withdrawal offer available on two others. An AXA spokesperson confirmed to Financial Standard yesterday that AXA had completed a review of its ... |
| | | | Superannuation funds are set to plough $40 billion into real estate investments over the next two years, with plans to significantly raise their exposure to global non-listed property, according to new research. The study conducted by Russell Investments ... |
| | | | Australian shares were higher at noon, building on gains from early trade, with the materials and financials sectors leading the market. At 1200 AEST, the benchmark S&P/ASX200 index was up 73 points, or 1.8 per cent, at 4,148.5, while the broader All ... |
| | | | ... also released. There is no major equities news. In Australia, the market on ended a third straight trading session in the red after extending earlier losses in the day on fresh concerns about European sovereign debt. At 1615 AEST, the benchmark S&P/ASX200 ... |
| | | | Australia's housing market continues to confound, not because it's expensive in world terms but because of the disconnect between people naively hoping for price reductions and everybody else complaining we aren't building them fast enough. The latest ... |
| | | | Australian REITS, cash products and equities have all been picked as the safest investment choices for advisers at the Midwinter Adviser Roadshow in Sydney this morning. Daniel Needham, managing director for Ibbotson Associates, told 380 delegates that ... |
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