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| | | 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 ... |
| | | | 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 ... |
| | | | 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 ... |
| | | | 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 ... |
| | | | 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 ... |
| | | | 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 ... |
| | | | 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 ... |
| | | | ... 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 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 ... |
| | | | 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 ... |
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