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Showing 9251 - 9260 of 9326 results for "Red"

ACCC launches joint initiative to combat unscrupulous businesses

The Australian Competition and Consumer Commission (ACCC) and its Consumer Consultative Committee (CCC) have announced today that it would launch a joint initiative aimed at stepping up action against businesses that exploit vulnerable or disadvantaged ...

Total managed funds fall 2% to $624.21 billion: ABS

The total value of managed funds in Australia during the March quarter stood at $624.21 billion, down 2 per cent from $635.09 billion during the December quarter and significantly lower than the $656.52 billion in March last year, the Australian Bureau ...

AMP to lose $3.4 billion in managed assets after LPT takeovers

AMP will sacrifice a total of $3.4 billion in assets under management if the takeover bids for the AMP Shopping Centre Trust (ART) and the AMP Diversified Property Trust (ADP) go ahead, it has announced. The removal of AMP Henderson as responsible entity ...

Tower announces half year loss of $136.95 million

Tower has announced a half year loss of NZ$154.4 million (A$136.95 million) and unveiled Guinness Peat Group as a "cornerstone" investor as part of a NZ$200 million capital raising. The capital raising is due to be completed, subject to shareholder ...

Hedge fund survey reveals knowledge gap, yet increased demand

Advisers now consider hedge funds a 'mainstream investment option' but acknowledge that they need to find out more about them, according to an industry survey conducted by Hedge Funds of Australia (HFA). Of the 200 financial advisers surveyed, 69 per ...

Mortgage industry to establish tribunal to uphold standards

The Mortgage Industry Association of Australia (MIAA) plans to establish a special tribunal with powers to censure, suspend and expel members for misconduct, it has announced. Speaking at the association's national conference in Melbourne, MIAA chief ...

"The time for rhetoric is over": ASFA demands progress on super

The Association of Superannuation Funds of Australia (ASFA) has welcomed the Government's commitment to superannuation reform, but warned that political compromise by all parties may be necessary to ensure the reforms are put into practice. "The three ...

Telstra defends plans to cut 3,000 jobs

Telstra has announced to a Senate budget estimates committee that it plans to slash 3,000 jobs in the next financial year. Stephen Morrison, media relations manager at Telstra, told the Financial Standard that the job cuts will not come at the expense ...

Single manager products a dying breed: InvestorWeb

The rise of master trusts and wraps in the retail market is strangling the single manager multi asset product, according to InvestorWeb Research. In its inaugural multi manager superannuation survey, it said that the largest corporate super funds in ...

IFSA lauds Government's decision to reintroduce super reforms

The Investment and Financial Services Association (IFSA) today welcomed the Government's decision to push ahead with surcharge reduction and co-contributions reforms in Parliament. "This is just the boost we have been waiting for," said Richard Gilbert ...