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Young business owners to shun 'bricks and mortar' lending

As property prices in Australia continue to skyrocket, the next generation of business owners are more likely to secure their funding through alternative sources rather than the "family home". Matthew Nolan, who once headed the vendor finance divisions ...

HOSTPLUS tackles the competition and joins Melbourne Storm

HOSTPLUS has taken a bold step in becoming a major sponsor of the Melbourne Storm National Rugby League team for the next two seasons. HOSTPLUS, the national super fund for the hospitality, tourism, recreation and leisure industries in Australia, joins ...

Australian equities stronger for longer: Ausbil Dexia

... growth. Our view for this year is earnings will continue to be fairly strong." And he forecast above consensus growth for the next financial year. "All in all we think 15 per cent earnings per share growth is reasonable, and that's what we see being ...

BT trustees receive RSE licenses

BT Financial Group has taken its turn as next in the licensing line, receiving RSE licenses for their three trustees - BT Funds Management Limited, BT Funds Management No.2 and Westpac Securities Administration Limited. The licensing regime falls under ...

Market wrap

AAP  |  MONDAY, 13 MAR 2006
... its best weekly performance since the last week of January. HONG KONG - Stocks fell as investors remained cautious ahead of next week's earnings reports and US payroll data which could influence the Federal Reserve to keep raising interest rates. The ...

IFSA to pressure Government for super tax breaks

... reducing front-end tax would create an increase in superannuation savings of $2.51 for each dollar of tax foregone over the next 70 years. Chair of IFSA's economic, savings and tax board committee and CEO of Perpetual Limited, David Deverall, said IFSA's ...

Planners advised to plan ahead on succession

... Business Health survey issued late last year, around half the principals operating businesses would exit the industry in the next five years. The exodus, said Davison, could result in an over-supply and falling valuation for planning practices. AXA is ...

Macq advisers launches actively-managed commodities fund

... institutional conference in Barcelona some 93 per cent of the audience expected to increase their commodities exposure during the next three years but only 11 per cent chose a passive long-only index as their preferred approach. By contrast, a majority ...

Lonsdale close to 110-planner target, adds risk specialists

... firms and there are about 174 advisers that use our services," said Lonsdale's chief executive, Mario Modica. "Within the next two to three years we would have at least 110 firms. We do have [staff] in-house whose specific role is to research and recruit ...

Skandia to grow bigger under Old Mutual

... the management and I'm pleased with what they have achieved." But he continued, "The challenge for us is to get onto the next level. What they have achieved over the past four years - and they were late starters in the game - is very significant but ...