Timber group collapses with $400 million of investors’ cash
Tuesday, 07 September 2010
Australia's troubled forestry sector has lost another member, with timber group Willmott Forests placed into the hands of receivers with $120 million of debt and a huge question mark over $400 million of investor funds.  ...

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Managed investment scheme promoter Rewards Group collapses
Tuesday, 18 May 2010
 Australia's agribusiness sector has been dealt another blow with managed investment scheme promoter Rewards Group and its subsidiary Rewards Projects placed in administration, putting $250 million of investor funds in doubt.  ...

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Fighting back
Friday, 07 May 2010
Australia's richest man, Fortescue Metals Group executive Andrew Forrest, has $400 million worth of reasons to be very angry with Kevin Rudd, and didn't it show yesterday.  ...

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Another forestry company collapses
Thursday, 15 April 2010
ASX-listed forestry company Forest Enterprises has been forced into administration by its lenders, Commonwealth Bank and ANZ, as the Australian forestry sector continues to fight for survival.  ...

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The best and worst awards of 2009
Thursday, 17 December 2009
What an incredible year it has been. Just seven months ago we were facing what some pundits labeled the worst economic crisis since the Great Depression and were told to batten down the hatches for at least another two years of economic ...

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Current account deficit jumps, Bernanke cautious on US recovery: Economy Roundup
Tuesday, 08 December 2009
The current national account deficit has risen by a seasonally adjusted 23% to $16.1 billion during the September quarter, according to the latest figures from the Australian Bureau of Statistics.  ...

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Knock-on effects
Friday, 04 December 2009
Smart companies that are cutting back on their Christmas parties, substituting an offer of continued employment for the annual bonus and finalising their New Year resolutions need to take a close look at their risk management projections for 2010.  ...

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The Great White Wail
Friday, 02 October 2009
Following Kevin and Wayne's achievement of a seat on the G20 lifeboat for the GFC, it is not surprising to find that there are different perspectives about the direction in which the harpooners are focusing their attention and its impact on smart companies. ...

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Financial investment complaints rose 33% in 2009, Ombudsman says
Thursday, 01 October 2009
The number of complaints regarding managed investments doubled in the 12 months to June with disputes about margin loans increasing over 400%, the Financial Ombudsman Service said yesterday.  ...

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Retail sales drop 1.4%, House price index jumps 4.2%: Economy roundup
Tuesday, 04 August 2009
New data from the Australian Bureau shows retail sales dropped by a seasonally adjusted 1.4% during June, following consecutive 1% increases during May and April.  ...

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ASIC to launch list of unsafe investments
Monday, 22 June 2009
After being heavily criticised over its failure to shield investors from the collapse of investment companies such as Storm Financial, Great Southern and Timbercorp, the Australian Securities and Investment Commission is set to launch a campaign to steer investors ...

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Keep track of your customer’s bullish new wants
Tuesday, 09 June 2009
Trifecta! On the week that GDP figures, ABS Retail Stats and the ASX all headed upwards, there's good reason for quiet confidence in our Great Southern Land. Retailing is our leading indicator and a central plank of our economy.  ...

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RBA director questions stimulus packages, Shares flat: Economy roundup
Tuesday, 26 May 2009
Reserve Bank of Australia director Warwick McKibbin has said that government stimulus measures used to boost the economy may be fuelled by political agendas.  ...

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Taxman to crack down on tax losses
Friday, 22 May 2009
The Australian Taxation Office is bracing for a sharp rise in the number of taxpayers claiming tax losses as a result of the financial crisis, but has warned that it is on the lookout for people trying to claim losses to which they are not entitled.  ...

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Banks call in receivers to Great Southern as anger grows at huge commissions
Wednesday, 20 May 2009
Great Southern's banking syndicate has rejected any hopes of restructuring the agribusiness investment scheme company by calling in receivers to take over the business.  ...

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The great fall of Great Southern's founder
Monday, 18 May 2009
The carnage from the collapse of managed investment scheme company Great Southern will be huge.  ...

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Managed investment scheme giant Great Southern collapses
Monday, 18 May 2009
Australia's largest listed managed investment scheme company Great Southern has been placed in voluntary administration with debts of almost $700 million.  ...

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Women live longer by the beach, men in the cold
Monday, 07 July 2008
Australian women live long and prosper by the sea, while men thrive in colder climes, according to life expectancy data released yesterday.  ...

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