Search Results for: Australia
Chinese, Australian benchmarks lead Asian stock market gains
April 16th, 2015
Most major Asian stock indexes were higher Thursday as Chinese shares rebounded on stimulus hopes a day after gloomy first-quarter economic numbers and Australian shares rose on a surprise drop in the jobless rate. KEEPING SCORE: Most Asian indexes ...
CFTC and Australian Prudential Regulation Authority Sign Memorandum of Understanding
April 15th, 2015
The U.S. Commodity Futures Trading Commission (CFTC) announced today that CFTC Chairman Tim Massad and Australian Prudential Regulation Authority (APRA) Chairman Wayne Byres have signed a Memorandum of Understanding (MOU) regarding cooperation and the exchange of information in the ...
ASIC issued a statement regarding Australian Dollar movement
April 7th, 2015
At its meeting today, the Board of the Reserve Bank of Australia decided to leave the cash rate unchanged at 2.25 per cent. Following the RBA’s announcement, ASIC has issued a statement regarding: The Commission confirms it will investigate ...
ASIC has suspended the Australian financial services (AFS) licence of FX provider AGM Markets Pty Ltd (AGM)
April 2nd, 2015
Following an investigation, ASIC has suspended the Australian financial services (AFS) licence of FX provider AGM Markets Pty Ltd (AGM). The move is part of ASIC’s ongoing crackdown on the margin FX industry and work around retail investment in ...
ASIC bans finance broker and cancels Australian Credit Licence
March 23rd, 2015
ASIC has banned Victorian finance broker Ms Meenakshi Devi Callychurn from engaging in credit activities for five years, and cancelled the Australian credit licence of her company Unique Mortgage Services Pty Ltd (UMS). Ms Callychurn of Maribyrnong, Victoria, is ...
ASIC bans finance broker and cancels Australian Credit Licence
March 20th, 2015
ASIC has banned Victorian finance broker Ms Meenakshi Devi Callychurn from engaging in credit activities for five years, and cancelled the Australian credit licence of her company Unique Mortgage Services Pty Ltd (UMS). Ms Callychurn of Maribyrnong, Victoria, is ...
ASIC: Two men sentenced in Australia’s largest insider trading case
March 17th, 2015
Joint media release with The Hon Josh Frydenberg, Assistant Treasurer and The Hon Kelly O’Dwyer, Parliamentary Secretary to the Treasurer Two men were sentenced to jail terms of 7 years and 3 months, and 3 years and 3 months ...
Investor Group to Buy GE Capital’s Australia, New Zealand Consumer-Lending Unit
March 16th, 2015
Investors include KKR, Deutsche Bank, Värde Partners, in one of biggest deals in Asia-Pacific this year In one of the biggest deals in the Asia-Pacific region so far this year,General Electric Co. agreed to sell the consumer-lending business of GE Capital ...
Australia’s economy grows 2.5% on year
March 4th, 2015
Australia’s economy grew in line with expectations in the fourth quarter Australia’s economy grew 2.5% in the fourth quarter of 2014 from a year earlier, marking its slowest pace of annual growth last year. The economy grew 0.5% in ...
Reserve Bank of Australia (RBA): Financial Aggregates
February 27th, 2015
The table below presents a summary of the latest financial aggregates statistics. All growth rates for the financial aggregates are seasonally adjusted, and adjusted for the effects of breaks in the series as recorded in the notes to the ...