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Colonial First State FirstChoice Employer Super fund heads toward $600 million

... $544 million and according to McCartney the employer super fund is fast approaching the $600 million mark. Dunnin added "the next question is whether Colonial is that different to what other similar platforms are doing. I firmly believe some of the big ...

Rivkin contender puts forward names

One of the groups contending for control of Rivkin Financial Services (RFS) at the next round of general meetings in February has released its nominations to the board after a court ruling decided on costs in a recent case regarding alleged insider ...

RBA foreshadows rate rise

AAP  |  WEDNESDAY, 15 DEC 2004
... Reserve Bank deputy governor Glenn Stevens yesterday kept alive the possibility that Australian interest rates may rise in the next year or so. Mr Stevens indicated that the central bank could move to lift rates at some stage in the future, if wages ...

Babcock & Brown to expand range of activities

... managed investment company. The new company is expected to release a prospectus regarding the initial public offer within the next two weeks. A minimum level of funds to be raised has been set at $550 million but current indications show the actual amount ...

Global and local share outlook positive, bonds not so: AMP Capital Investors

... sustainable levels in the Australian share market and low returns in the bond market. "Global shares should continue to rise into next year on the back of falling oil prices, a slightly better tone to US economic data, reasonable valuations, solid profit ...

Positive news at last for Rivkin Financial Services

... some positive news with the appointment of FSP Equities Management as the company's investment manager to oversee for the next two years. FSP will invest RFS's available investment funds in its wholesale FSP Equity Leaders' Fund. The wholesale offering ...

RBA delivers Christmas cheer to homeowners

AAP  |  WEDNESDAY, 8 DEC 2004
... figures, while the Australian Bureau of Statistics will publish its latest update on home loan figures. The RBA board will next meet in February to consider whether to rise interest rates or not. Economists expect the RBA will leave rates on hold well ...

Wake up call for looming dollar disclosure requirements

... unreasonably burdensome or contrary to consumers' interests. The releases include ASIC's revised fee disclosure model (IR 04-192), next steps on dollar disclosure (IR 04-27) and ASIC consults on dollar disclosure (IR04-39).

Record IPO Activity: It's crazy out there says Deloitte

... raising a total of $10.4 billion. "It's crazy out there. It's hard to tell whether we're at the top of the cycle but the next six months still looks promising for prospective floats," said Deloitte Corporate Finance head Ian Thatcher. The momentum is ...

Choice will not create super turf war

... the market. We have done our 2005 operating plan and we have no plans to ramp up our advertising budget to focus on choice next year," Dunn says. "As an Investment and Financial Services Association (IFSA) member I don't know of any retail player who ...