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Showing 8581 - 8590 of 14214 results for "Interest"

Market Wrap AM

AAP  |  WEDNESDAY, 3 JUL 2013
... In Australia, the market on Tuesday posted its strongest day in 20 months as the global economic outlook improves and interest rates remained on hold. Shares gained about $39 billion in value in the largest one-day rise for the ASX200 index since October ...

Wilson HTM MD resigns on securities buyout plans

ALICE URIBE  |  TUESDAY, 2 JUL 2013
... HTM Investment Group Ltd (Wilson HTM) managing director Andrew Coppin has resigned after the board saw a conflict of interest in his proposal to buy out the company's security business. The board agreed that any buy out would be inappropriate while Coppin ...

Tyndall launches fund for low-tax rate instos

MARK SMITH  |  TUESDAY, 2 JUL 2013
... Historically, off-market buy-backs are not tax effective for investors paying a higher rate of tax. "We have already seen interest from superannuation funds as well as not-for-profit organisations and charities in the new fund," Tyndall AM managing director ...

Market Wrap AM

AAP  |  TUESDAY, 2 JUL 2013
... points to 4,692. In economic news on Tuesday, the Reserve Bank of Australia holds its monthly board meeting and makes its interest rate decision. In equities news, BHP Billiton Iron Ore president Jimmy Wilson and WA Premier Colin Barnett officially open ...

ECT relief should apply to non-concessional contributions: SPAA

JAMES FERNYHOUGH  |  MONDAY, 1 JUL 2013
... that usually attract significant amounts of excess contributions tax," Slattery said, adding, "We also believe that the interest rate should not apply retrospectively." "In some circumstances it can reach a 93% tax rate, and the current remedial options ...

FirstChoice platform offers PIMCO bonds

LAURA MILLAN  |  MONDAY, 1 JUL 2013
... government, corporate, mortgage and other fixed income securities, and can also invest in non-investment grade fixed interest securities and emerging markets. It is benchmarked against the Barclays Capital Global Aggregate Index hedged into Australian ...

Mirvac sells 50% stake in Sydney CBD office to AMP

LAURA MILLAN  |  MONDAY, 1 JUL 2013
... George Street, in Sydney CBD from Mirvac Group (Mirvac). The AMP Capital fund has paid Mirvac $317 million for the 50% interest in the Sydney city centre office block development. Under the agreement AMP will receive a rent guarantee over remaining un-leased ...

Insurers and super funds tackle costs of mental illness

JAMES FERNYHOUGH  |  FRIDAY, 28 JUN 2013
... employee suffering from depression - diagnosed or not - costs an employer about $9000 a year. It is therefore in the interest of insurers and employers to tackle the problem before it becomes an issue. A big part of this, Lydon said, is making the work ...

Ready for another take off

BENJAMIN ONG  |  FRIDAY, 28 JUN 2013
... markets peered far into the future and saw not only tapering - lesser stimulus but still stimulus nonetheless - but also an interest rate hike. Things have changed since then. Kevin is again Australia's PM. Oh sorry, wrong page. As I've written before ...

FSC lobbies Rudd for last minute FoFA delay

MARK SMITH  |  THURSDAY, 27 JUN 2013
The Financial Services Council (FSC) has asked new Prime Minister Kevin Rudd for a last-minute delay to the commencement of the Future of Financial Advice (FoFA) and StrongerSuper reforms. Due to begin on July 1, the FSC has lobbied for a 12-month delay ...