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Showing 9081 - 9090 of 10601 results for "BEI"

$500k fraudster gets jail time

RUTH LIEW  |  MONDAY, 12 MAY 2008
South Australian broker trading representative Kym Andrew Sellers was last Friday sentenced to four years jail with a two-year non-parole period following an Australian Securities and Investments Commission (ASIC) investigation. On 7 April 2008, Sellers ...

Canadian RMBS not the answer: S&P

RUTH LIEW  |  MONDAY, 12 MAY 2008
Australia's residential-backed mortgage securities (RMBS) market should be allowed to recover without the intervention of a government-backed agency, argues Standard & Poor's (S&P). Neither a nationalisation of Australia's market nor an adoption of ...

Govt to create national infra investment fund

ALEX DUNNIN  |  MONDAY, 12 MAY 2008
The government is about to set up a new multi-billion investment fund to capture the windfall revenue gains from the resources boom and will use the money to help fund national infrastructure projects, if yet another Budget leak is to be believed. Modelled ...

Industry responds to APRA report

APRA's latest research on the governing practices of super funds revealed key differences between how retail fund trustees and industry fund trustees operate, but players from both sides of the fence argue their case. APRA's comprehensive report found ...

Centro rescue till Dec

RUTH LIEW  |  FRIDAY, 9 MAY 2008
High profile Australian sub-prime victim Centro Properties Group has been given until December 15 to refinance its debts. In a statement released on the Australian Securities Exchange (ASX) yesterday, Centro announced that its banks have agreed to an ...

ASIC divides to conquer

The Australian Securities and Investments Commission (ASIC) will split its single enforcement directorate division into six and four of its 'silo' directorates into 17 stakeholder teams, in a bid to stay relevant with the fast evolving financial markets. ...

SMSF trustees wise up

MICHAEL HOBBS  |  WEDNESDAY, 7 MAY 2008
Partners Superannuation Services research has found one in 12 self managed super funds (SMSF) continue to break Australian Tax Office (ATO) rules, but the range of non-compliance offenses had tapered. The SMSF research is based on an audit of almost ...

Goods and services trade deficit narrows to $2.7b

ALEX DUNNIN  |  WEDNESDAY, 7 MAY 2008
Australia's favourable terms of trade metrics is finally counting for something as the balance on goods and services numbers improved by $525 million in March. According to the ABS, in seasonally adjusted terms the deficit on the balance improved by ...

Advisers endorse rural insurance top guns

MICHAEL HOBBS  |  TUESDAY, 6 MAY 2008
Rabo Financial Advisers (RFA) is set to boost its risk insurance relationships with Aviva, Asteron and CommInsure after they were identified as leaders in providing risk insurance to primary producers and regional businesses. The financial planning ...

Market Wrap - Midday

AAP  |  TUESDAY, 6 MAY 2008
The Australian stock market was lower at noon led by the banks and a potential interest rate rise, although the resources sector provided some buoyancy. At 1200 AEST, the benchmark S&P/ASX200 index was down 31.2 points, or 0.54 per cent, to 5,699.1 ...