Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 7261 - 7270 of 10709 results for "May 2011"

Shorten urges banks to stand by staff

CLAIRE MCGREAL  |  FRIDAY, 3 FEB 2012
Financial Services Minister Bill Shorten has urged Australia's banks not to fall victim to "corporate amnesia". It follows news yesterday that Westpac, which made over $6 billion in profit last year, would be slashing up to 560 jobs as part of cost ...

Eyes turn to monetary policy

MELANIE TIMBRELL  |  THURSDAY, 2 FEB 2012
Australian GDP growth will slow this year shifting the focus back to monetary policy and Macquarie Group chief economist Richard Gibbs forecasts the RBA will respond with two more rate cuts during 2012. Gibbs was speaking at the 2012 Financial Standard ...

Market Wrap - Midday

AAP  |  THURSDAY, 2 FEB 2012
Australian shares have posted strong gains after better-than-expected trade data boosted already buoyant mining stocks. Australian Bureau of Statistics (ABS) data showing a surge in exports and a widening trade surplus gave further impetus to mining ...

Market Wrap

AAP  |  WEDNESDAY, 1 FEB 2012
Australian stocks have opened slightly higher after mixed leads from offshore bourses kept investors wary ahead of the start of the local earnings season. Wall Street ended lower after US gross domestic product (GDP) data missed expectations - despite ...

German FM defends Euro

ALEX DUNNIN  |  WEDNESDAY, 1 FEB 2012
The Euro isn't the cause of Europe's economic woes and referring to it as a currency crisis misses the point, said the German foreign minister, Dr Guido Westerwelle, in a strongly worded speech to the Brookings Institution in the US last month. "The ...

Market Wrap

AAP  |  TUESDAY, 31 JAN 2012
Australian stocks have opened slightly higher after mixed leads from offshore bourses kept investors wary ahead of the start of the local earnings season. Wall Street ended lower after US gross domestic product (GDP) data missed expectations - despite ...

Market Wrap

AAP  |  MONDAY, 30 JAN 2012
Australian stocks have opened slightly higher after mixed leads from offshore bourses kept investors wary ahead of the start of the local earnings season. Wall Street ended lower after US gross domestic product (GDP) data missed expectations - despite ...

Risk focus needed for sustainable investing: MLC

ELISE BURGESS  |  MONDAY, 30 JAN 2012
MLC Investment Management has cautioned investors with a penchant for income-heavy portfolios that greater risk diversification and sophisticated strategies are necessary at a time when term deposits on one product reached $400 million. According to ...

A bullish view could be dangerous after Davos

MELANIE TIMBRELL  |  FRIDAY, 27 JAN 2012
January has seen a positive start to the year, but taking a bullish view at the end of the rally could be a dangerous move, according to trading firm LTG GoldRock. The IMF has downgraded its growth forecast to 3.3% with a predicted fall in commodity ...

FOFA 'unclear' on legal position of advisers

MELANIE TIMBRELL  |  FRIDAY, 27 JAN 2012
Advisers will need to have a clear understanding of the perimeters of client contracts under FOFA, said one expert in response to concerns from industry bodies that opt-in could expose advisers to litigious action from clients who failed to return paperwork. ...