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Showing 61 - 70 of 78 results for "Councils"

Don Russell joins State Super

MICHAEL HOBBS  |  TUESDAY, 11 MAR 2008
... chairperson on its board. Russell replaces Michael Cole after he was directed to review the financial exposures of local councils. Previously, Russell worked at US wealth management and research firm, Sanford C Bernstein and was Australian ambassador ...

Councils take action on CDOs

MICHELLE BALTAZAR AND RUTH LIEW  |  MONDAY, 18 FEB 2008
Rage and accusations are now rearing their ugly heads as embattled councils attempt to recoup their losses from sub-prime backed CDO investments, but the crisis could spark a government rethink on how councils should invest their funds. Hugh McLernon ...

On the sub-prime defensive

SUZY MAC  |  TUESDAY, 28 AUG 2007
... exposure, and others with none, to become defensive. Reserve Bank Governor, Glenn Stevens, had raised concerns over local councils' heavy investments in the same type of Collateralised Debt Obligations (CDOs) that were bringing hedge funds undone. Meanwhile ...

Councils exposed

SUZY MAC  |  THURSDAY, 23 AUG 2007
Almost a year ago, when local councils started developing an appetite for Collateralised Debt Obligations (CDOs) after tasting their higher yields, concerns were raised over their involvement these kind of riskier investments. Now, with many CDOs exposed ...

Sub-prime dominoes falling

... has so far collided with leveraged loans, investment grade bonds, high yield currencies and global equities. Now local councils are feeling the heat. While consensus has been that the sub-prime fallout would remain contained, this toxic debt continues ...

Finsia appoints interim CEO

... for 25 years, commencing as a teaching fellow and leaving as the deputy principal and bursar. In a statement to Finsia councils and committees, president Michael Sheppard thanked Salter for his professionalism in preparing for and executing the vote ...

Finsia members approve sale

HAMISH MADDEN  |  TUESDAY, 19 JUN 2007
... Education constitution," Shepherd told members. "As outlined in my letter of 1 June, your board will work with regional councils and other interested groups of members across Australia and New Zealand to prioritise and formulate member services. Consultation ...

Mining may halt but football endures

SUZY MAC  |  WEDNESDAY, 16 MAY 2007
... drought-sticken Murray Darling river system have been permitted around the clock watering. Call it denial, but while some councils have imposed level one restrictions, others have none at all preferring to keep sporting grounds in good condition to guarantee ...

Go green, go dim

... are already part of the '3CBDs Greenhouse Initiative', run by the City of Sydney, with North Sydney and Parramatta City Councils, to reduce greenhouse gas emissions. A concerted effort can make a big impact with the country's commercial business sector ...

Daily economic round-up

PETER BELL  |  MONDAY, 13 NOV 2006
... about 85 per cent of global GDP, 80 per cent of world trade and two-thirds of global population. The future of the skills councils that were set up to monitor and develop national training packages given annual funding from the Federal government of ...