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Showing 7581 - 7590 of 14214 results for "Interest"

Auld lang syne

BENJAMIN ONG  |  MONDAY, 12 JAN 2015
... BOJ first implemented its bond buys in April 2013. And only last November, the People's Bank of China (PBOC) its key interest rates. These could delay the Fed's much-speculated rates-lift off this year, more so given last week's US payrolls report that ...

AIST and Mercer launch new super tracker

STAFF WRITER  |  FRIDAY, 9 JAN 2015
The Australian Institute of Superannuation Trustees (AIST) has teamed up with Mercer to develop a "super tracker" designed to evaluate the Australian superannuation system and measure policy changes. In a joint statement the two companies said the new ...

Australian ETF Industry achieves $15bn milestone

HARRY PAGE  |  THURSDAY, 8 JAN 2015
... the last year to reach $15 billion by the end of 2014. Inflows in December were also the largest on record, driven by interest in international-based ETFs, with $672 million flowing into the category. Local investors have continued to seek investment ...

ASIC imposes conditions on Guardian Advice

STAFF WRITER  |  WEDNESDAY, 7 JAN 2015
The Australian Securities and Investments Commission (ASIC) has imposed conditions on the licence of Suncorp-owned Guardian Advice following a surveillance which uncovered deficiencies in the advice it provided to retail clients. ASIC said the company ...

NZ Super and Infratil buy RetireAustralia

MARK SMITH  |  MONDAY, 5 JAN 2015
... management team and comes with a strong development pipeline and a mature existing portfolio with underlying earnings before interest and tax for the June 2015 financial year forecast at $35-40 million. "We have spent a considerable amount of time evaluating ...

Avestra fined for breaching takeover laws

HARRY PAGE  |  THURSDAY, 18 DEC 2014
... shareholder in a publically traded company must notify the market if its holdings reach 5 per cent. In 2013, Avestra's interest in AG Financial increased from 0 to 22.17%, in clear violation of section 606. The Commonwealth Director of Public Prosecutions ...

Government repeals Palmer FoFA changes

LAURA MILLAN  |  WEDNESDAY, 17 DEC 2014
... Parliament. The changes included that the Statement of Advice (SoA) specifies that the adviser is acting in the best interest of the client, outlines the fees and commissions that the adviser is receiving for the service provided and stresses the fact ...

Australian Unity acquires two $80 million mortgage funds

STAFF WRITER  |  MONDAY, 15 DEC 2014
... where investors can invest in individual mortgages with different terms (up to a maximum of two years) and different interest rates payable. The fund will now be known as the Australian Unity Select Mortgage Income Fund. The Owenlaw Mortgage Trust, now ...

We'll underwrite when it suits us: Delaney

JAMES FERNYHOUGH  |  FRIDAY, 12 DEC 2014
... Delaney told Financial Standard he was open to underwriting other transactions in the future, he insisted the fund had no interest in becoming an investment bank. "We're not going to underwrite for the sake of underwriting as a fee revenue generating ...

FEATURE: 2014 year in review

MARK SMITH, LAURA MILLAN, JAMES FERNYHOUGH  |  FRIDAY, 12 DEC 2014
... funds was biased in favour of industry funds. Then, when the FWC stood aside members perceived to have a conflict of interest, the FSC argued that the panel was still incorrectly constituted. The Federal Court ruled in favour of the FSC, resulting in ...