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Showing 8391 - 8400 of 10709 results for "May 2012"

Dead cat bouncers dead

BENJAMIN ONG  |  MONDAY, 10 AUG 2009
Hi ho...hi ho, it's off to work we go! The news just got better. If you thought Australia's latest unemployment reading was great, you'll certainly be rejoicing - as Wall Street did - at the reduction in America's jobless rate. Here at home, the Australian ...

CBA chair John Schubert retires

COMPANY RELEASE  |  FRIDAY, 7 AUG 2009
The Commonwealth Bank of Australia chairman, John Schubert, will retire in February 2010 and will be succeeded by current group non-executive director, David Turner. Schubert has been a member of the group's board since 1991, serving as deputy chairman ...

Planning firms on buying spree

RUTH LIEW  |  FRIDAY, 7 AUG 2009
While some financial planning firms hunker down for the GFC to pass, many opportunistic mid-weight planning companies are increasing their borrowing activities to buy their smaller rivals, according to a Macquarie Bank expert. Jamie Melville, national ...

Market Wrap - Morning

AAP  |  FRIDAY, 7 AUG 2009
The Australian sharemarket is expected to open lower on Friday, after US equities declined on a rise in people continuing to claim unemployment benefits and lacklustre sales figures from major retailers. Oil and metals also were lower. At 0714 AEST ...

Trustees must not be victimised: APRA

APRA RELEASE  |  THURSDAY, 6 AUG 2009
The chief executive of an employer association is facing criminal prosecution for allegedly sacking two employees who were trustees of the association's super fund because they didn't renew an outsourcing contract the fund had with the association. ...

More reform through reviews: Bowen

RUTH LIEW  |  THURSDAY, 6 AUG 2009
Industry associations and financial services firms should not view the upcoming Henry and Cooper reviews with trepidation but rather as opportunities to improve the current system, said Chris Bowen, minister for financial services, superannuation and ...

Jobs, jobs, jobs

BENJAMIN ONG  |  THURSDAY, 6 AUG 2009
Watch the screens today! For at exactly 1130 hours (AEST), the Australian Bureau of Statistics will release a tally of how many of us were able to keep our jobs last month, how many were still looking for work and how many started submitting forms to ...

How planners can cope with redundancy

RUTH LIEW  |  WEDNESDAY, 5 AUG 2009
Dealer group Financial Services Partners (FSP) partners with work/balance author Andrew May to publish a book that attempts to help planners cope with redundancy. The book comes at a time when planning firms are forced to make staff redundant as their ...

Higher...higher and higher

BENJAMIN ONG  |  WEDNESDAY, 5 AUG 2009
Overnight action on Wall Street was as boring as watching green shoots grow. As is typical in this stage of the cycle, the usual suspects - mixed economic data - caused the major US stock averages to bob up and bob down before closing narrowly higher ...

Intra-fund advice relief opens super funds to lawsuits

MICHELLE BALTAZAR  |  TUESDAY, 4 AUG 2009
Super funds run the risk of giving their fund members damaging financial advice if they don't address the "hidden traps" that come with the new intra-fund advice rules, warns a planning expert. Last month the federal government endorsed ASIC's decision ...