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Showing 7371 - 7380 of 9326 results for "Red"

Fund managers on tax alert

MICHAEL HOBBS  |  FRIDAY, 12 FEB 2010
Fund managers could lose major clients or risk paying hefty fines if they don't comply with new tax rules which come into effect from July this year, according to one technology firm. According to Corrs Chambers Westgarth, Taxation of Financial Arrangements ...

Jobs full recovery

BENJAMIN ONG  |  FRIDAY, 12 FEB 2010
If you believe the mantra that any economic recovery would not be sustainable without employment growth, then there is now no doubt that Australia has one sustainable economic expansion going. The latest Labour Force, Australia released by the Australian ...

Trio funds to be wound up

COMPANY RELEASE  |  THURSDAY, 11 FEB 2010
PPB, the administrator of Trio Capital, is filing a court application to wind up six of the failed fund manager's funds following an initial investigation of the schemes. According to a letter from PPB, an application will be filed with the court this ...

Life insurance consolidation could hurt consumers

RUTH LIEW  |  THURSDAY, 11 FEB 2010
Australians will suffer the price of higher margin products and limited product innovation if the life insurance market continues to consolidate, warns Tower Australia. Jim Minto, managing director of Tower Australia, urged the government and Australian ...

When the time comes

BENJAMIN ONG  |  THURSDAY, 11 FEB 2010
The Greek ruins. Oh no, not another Greek metaphor! Yes Virginia, you and I and many others are perhaps sick in the stomach - or sick in the head? - of all the Greek metaphors that has sprung up since the potential for a Greek debt default made the ...

CFS platforms gain $1.9bn net flows

MICHAEL HOBBS  |  WEDNESDAY, 10 FEB 2010
Colonial First State's investment platforms, FirstChoice and Custom Solutions, recorded positive net flows of $1.9 billion for the half year to December 2009, according to the bank's interim numbers. Colonial First State's underlying profit after tax ...

Property developer gets jail sentence

ASIC RELEASE  |  WEDNESDAY, 10 FEB 2010
Former property developer and mortgage broker, Samuel David Saunders, was sentenced two years and three months imprisonment with a non-parole period of 12 months after pleading guilty to seven ASIC charges. Saunders of Orange, New South Wales, was sentenced ...

Australia better than triple A

BENJAMIN ONG  |  TUESDAY, 9 FEB 2010
... lost period. If America's AAA credit rating will "absolutely not" be downgraded despite being trillions of dollars in the red, what does this make of Australia's rating? The Financial Review reports that the country's economic recovery has delivered ...

State Street settles suit for $340m

SEC RELEASE  |  MONDAY, 8 FEB 2010
State Street has agreed to pay more than $340 million in settlement to the SEC's charges on misleading investors about their exposure to sub-prime investments. According to the SEC, State Street also selectively disclosed more complete information to ...

APRA targets illegal early release on super

RUTH LIEW  |  MONDAY, 8 FEB 2010
Planners should take note of how they can help clients combat the illegal early release (IER) of super benefits, following APRA's letter last week to super fund trustees vulnerable to the practice. In the letter, APRA specifically targets IER involving ...