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Archive for the ‘Finance News’ Category

ASIC wins $67.5m from KPMG

The corporate regulator has finalised its action against collapsed property group Westpoint, winning a settlement of $67.5 million, the bulk of which is expected to be paid by accounting firm KPMG.

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Transitional concessional contributions cap

A transitional concessional contributions cap of $100,000 (which is not indexed) per person per year applies from 2007/08 to 2011/12 for individuals aged 50 or over at any time during the transitional period.

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What has been done to improve Long Term Investments (LTI’s)

Long term investments have a tumultuous history. They received enormous amounts of bad publicity in the early 1990’s after being publicised and sold to naïve investors by unscrupulous promoters. This article looks at what has been done through legislation, the global demand for commodities and industry improvements over the last few years to rectify these alternative investments

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Financial Professionals move to Broadbeach

Financial Professionals will relocate into their new offices at Suite 1, Level 1, 27A, of the OASIS Shopping Centre in Broadbeach on the 11th February, 2008.

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