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General

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...

ASIC defends Rivkin sentence

Australian Securities and Investments Commission (ASIC) has defended the nine month periodic detention and $30,000 fine handed down to Sydney...

Lend Lease to exit troubled US REI business, cuts 600 jobs

Property developer Lend Lease will exit its troubled US Real Estate Investments (REI) business but not before further writedowns of up to $US300 million...

CSR's Kirby to join Macquarie Bank board

CSR chief executive officer Peter Kirkby is to join the board of Macquarie Bank as an independent non-executive director...