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Superannuation

Macquarie sees property investors gearing up into shares

Macquarie is experiencing strong interest from property investors wanting to diversify into the sharemarket, Macquarie margin lending division director Phil Richards said today.

Accountants Fund appoints news business development manager

The not for profit Accountants Superannuation Fund (ASF) has appointed Tony Sequeira as business development manager.

Senator Campbell denounces FSR licence scare tactics

Parliamentary Secretary to the Treasurer Senator Ian Campbell has accused some lawyers and consultants of using scare tactics and charging companies exorbitant fees to complete financial services licence applications ahead of next year's March 11 deadline.

Banks, resources supported, telcos challenged : Citigroup

AAP  |  MONDAY, 29 SEP 2003
An improving global economic outlook and a stabilising credit environment supports the bank and resources sector while operating conditions for telecommunications remain challenging, a Citigroup credit analyst said today.

APRA issues warning on unlawful early release of benefit schemes

The Australian Prudential Regulation Authority (APRA) today warned members of superannuation funds not to engage the services of individuals or companies promoting early access to preserved benefits before retirement.

ANZ still has some hurdles to jump in NBNZ aquisition

AAP  |  FRIDAY, 26 SEP 2003
The New Zealand regulator may have cleared the way for ANZ Banking Group Ltd to acquire the National Bank of New Zealand (NBNZ) but there are still a few hurdles left for the Australian bank to jump.

Stockland continue property construction expansion

Stockland has announced the acquisition of an 8,442 square metre prime waterfront site located on the shore of Lake Burley Griffin within the Kingston Foreshore Development in Canberra's premier urban redevelopment project for $27 million.

AMP joins SuperChoice industry hub

AMP has signed an agreement with InvestmentLink to implement the latter's SuperChoice contribution hub, enabling employers to submit their staff superannuation contributions over the Internet.

Sudden OPEC move unlikely to impact Australia negatively: ICAP

The sudden 3.5 per cent or 900,000 barrels per day cut in oil supply announced by the OPEC is unlikely to have a major impact on Australian consumers.

Lazard to manage Zurich's international equities thematic portfolio

Zurich Australia has announced that it would appoint Lazard Asset Management to manage its international equities thematic portfolio.