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12 August 2014 • By Scott Hodder • 1 min read

Westoz triples profits

Perth-based Westoz Investment Company has announced the business tripled its reported profit in the 2013/2014 financial year, increasing from $7

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Investors ‘undaunted’ by offshore losses

Concerns about China as well as recent events in the Middle East and Ukraine have failed to dampen Australian investors’ enthusiasm for international ...

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Govt ramps up war on 'red tape'

Both ASIC and APRA have fallen into line with the government's 'deregulatory agenda' with the release of 'statements of intent' from both ...

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MySuper globally competitive

MySuper compares strongly to both national and global funds but it needs time to “lower costs through competition” according to the Financial Services ...

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CBA finalises conditions for licensees

CBA has announced it will commence with licence conditions for Commonwealth Financial Planning and Financial Wisdom after finalising them with ASIC ...

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ASIC reviews SMSF wholesale investor test

ASIC has reviewed the application of the wholesale investor test for SMSF trustees, which it said has been creating “ongoing legal uncertainty”

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Equity valuations to remain up

While ultra-accommodative monetary policy has resulted in a number of asset bubbles, a significant and sustained correction in equity valuations is ...

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CBA reveals advice review independent expert

The CBA has appointed a former chairman of APRA and 20-year veteran of the RBA as the independent expert for the bank's review of its poor financial ...

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CBA makes raft of executive changes

The Commonwealth Bank has announced a number of senior personnel movements, including a new group executive of international financial services

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Industry funds snub lifecycle products

The failure of industry funds to develop new 'lifecycle' MySuper products is a result of the current default fund selection process, argues an ...

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