Powered by MOMENTUM MEDIA
investor daily logo

News

default image

07 August 2013 • By Reporter • 1 min read

Challenger A-REIT posts healthy profit

Challenger Diversified Property Group's (CDI’s) full-year net profit is up nine per cent, primarily due to the difference in movement in the fair ...

READ MORE
icon

Westpac sees opportunity in Chinese transition

The transition in China from an investment to a consumption-led economy is creating opportunities for Australia, according to Westpac’s asset ...

READ MORE
icon

Russell CEO moves on in further reshuffle

Russell Investments Asia Pacific chief executive Alan Schoenheimer will step down from his CEO role and move into an advisory position, in a further ...

READ MORE
icon

IRESS acquires Avelo Financial Services

IRESS, the company behind the financial planning software XPLAN, has purchased UK-based technology provider Avelo Financial Services. The purchase ...

READ MORE
icon

New tax rules for MITs

Managed investment trusts (MITs) will be subject to new tax rules around the attribution of net income, with the government looking to reduce ...

READ MORE
icon

Best interest trumps product alignment: ASIC

Regulatory measures now in place are sufficient to handle any potential conflicts arising due to an alignment between financial advice and product, ...

READ MORE
icon

New rules to monitor dark pool transparency

Dark pools and high frequency trading will be subject to new market rules, as the government looks to improve transparency. The minister assisting ...

READ MORE
icon

Self-education cap deferment not the solution

The government’s one-year deferment of the $2,000 cap on self-education is simply “just a deferment of bad policy”, according to the Institute of ...

READ MORE
icon

WAM profit jumps on markets and merger

WAM Capital has announced an almost tenfold jump in profit following its merger with Premium Investors in December last year. In a statement on the ...

READ MORE
icon

ASFA outlines short rollover concerns

ASFA has raised concerns as to how practicable the three-day rollover requirement for MySuper is. In a submission posted last week, the Association ...

READ MORE