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General

VFMC appoints Mary McLaughlin, David Slack joins board

Mary McLaughlin is to join the executive team at Victorian Funds Management Corporation (VFMC) effective July 1...

InvestorWeb announces Virtual Broker/VisiPlan link-up

InvestorWeb (IWL) has announced that it has completed the first step in the fusing of its Virtual Broker white-label broking product to its financial planning platform VisiPlan...

New home sales drop in April: HIA

New home sales fell by 7 per cent in April, the Housing Industry Association (HIA) announced today...

Juliette Zuppicich joins list of banned ex-Colors directors

Former Colors Superannuation fund director Juliette Zuppicich has been banned from acting as a superannuation trustee, investment manager or custodian...

Government's children super package rejected by CSS/PSS

The Government’s policy of superannuation for children has been suffered another blow after the public sector superannuation funds CSS/PSS, with over 250,000 members, have decided not to offer the package...

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...

Government appoints Graeme Samuel as chairman of ACCC

Federal Treasurer Peter Costello has announced the appointment of Graeme Samuel as the chairman of the Australian Competition and Consumer Commission (ACCC)...

International Wine Fund, Lend Lease halt share trading

International Wine Investment Fund has placed a trading halt on its units at the request of the fund's responsible entity, Berren Asset Management...

Morning market wrap: FTSE-100 smashes through 4,000

Shares in the UK played ‘catch-up’ with the rally on Wall Street on Tuesday. The FTSE-100 index powered through the 4,000-point mark...

Aternoon market wrap: All Ordinaries edge higher

The All Ordinaries pushed slightly higher by close of trading as did embattled AMP shares, which gained slightly...