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Mobile phone banking on the way

MICHELLE BALTAZAR  |  TUESDAY, 5 MAY 2009
... Australia following its successful roll-out of the same technology in Austria and Germany - with a local deal likely in the next 12 months. In 2001, paybox Austria (now a part of Sybase) launched a mobile commerce offering in Austria starting with one ...

Clouds still far away

RUTH LIEW  |  MONDAY, 4 MAY 2009
... internal IT systems have no plans to switch to cloud-based - a metaphor for the Internet or online technologies - in the next 12 months. "Our experience is that most enterprises are contemplating cloud computing in a strategic sense, but are not yet ...

ANZ Super reviews trustees

RUTH LIEW  |  MONDAY, 4 MAY 2009
... board - a move that echoes Westpac Staff Super's recent call for members to elect two directors to its own board. Over the next few months, ANZ will be holding elections for two member-representative directors to join its board of trustees. The fund's ...

Budget me a recovery

BENJAMIN ONG  |  MONDAY, 4 MAY 2009
... income taxes on those earning US$250,000 and above. The UK will do the same - raise taxes for those earning ?100,000 and up next year. Chances are Australia's budget would be the same. Federal Treasurer Wayne Swan has already prepped the populace, warning ...

Market Wrap - Morning

AAP  |  MONDAY, 4 MAY 2009
... Friday as investors digested mixed economic data and braced for the results of "stress tests" on the US banking system due next week. The Dow Jones Industrial Average advanced 44.29 points, or 0.54 per cent, to finish at 8,212.41. The tech-heavy Nasdaq ...

Ipac buying spree continues

RUTH LIEW  |  FRIDAY, 1 MAY 2009
Ipac Securities is eyeing the Cairns, Canberra, Gold Coast and South Australian markets for their next acquisitions as the dealer group focuses on buying financial planning businesses specialising in retirees. Ipac Securities, which has $2.1 billion ...

Instreet a hit with planners

MICHELLE BALTAZAR  |  THURSDAY, 30 APR 2009
... LINK ASX200 is a structured product designed to capture the rise, when it occurs, of the Australian stockmarket over the next two years. George Lucas, Instreet's managing director, said the fund has been on demand as a minor allocation of say, some 1 ...

Finance job market to recover by 2010

RUTH LIEW  |  THURSDAY, 30 APR 2009
... unemployment, nearly nine out of 10 employers in Sydney say financial services recruitment will start to rebound before mid next year, a new survey shows. Research by Morgan McKinley notes that almost nine out of 10 or 88 per cent of Sydney employers ...

UK budget cuts HNW pension relief

ALEX DUNNIN  |  WEDNESDAY, 29 APR 2009
In a forerunner to what might happen in next month's Federal Budget, the UK government has slashed retirement savings tax rebates for people earning more than A$300,000. The reforms are part of a widely criticised budget that takes the UK deficit to ...

Mercer adds boutique, adds staff

MICHAEL HOBBS  |  WEDNESDAY, 29 APR 2009
... investment consulting business at Mercer. "By creating our own specialist team we taking our global manager research to the next level and will be able to compete with specialist boutiques as well as provide our larger clients with a more comprehensive ...