AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
AUSTRALIAN NEWSPAPER HIGHLIGHTS - APRIL 1, 2008.
SYDNEY, April 1 Asia Pulse - Highlights of today's newspapers:
THE AUSTRALIAN FINANCIAL REVIEW:
- Regulators are investigating allegations of fraud by Opes Prime chief executive Laurie Emini after a court heard claims he told his staff to alter share trading accounts so favoured wealthy clients did not face margin calls.
- A surprise slowdown in business borrowing has fuelled speculation that tight financial conditions, and market turmoil, are working to take some of the heat out of the economy and ease the pressure on prices.
- The tax office has warned wealthy taxpayers its interest could be piqued if they paying little or no tax, report big unexplained losses, have a history of tax avoidance or own private assets within business structures.
- New Zealand business confidence fell to a 17-year low in March, led by retailers and home builders that expect economic growth will slow this year.
- The market suffers its worst quarter since the 1987 stock market crash.
- OPES PRIME'S AUSTRALIAN CREDITORS ACCEPT US$206 MLN SETTLEMENT.
- News wire article from: AsiaPulse News July 24, 2009 700+ words
...Creditors of collapsed stock lending firm Opes Prime have voted to accept a A$253 million...million) settlement of their claims from Opes Prime's bankers, ANZ Banking Group Ltd...creditors against the banks in relation to Opes Prime will cease. Opes Prime liquidator ...
- OPES PRIME CREDITORS COULD RECEIVE US$162 MLN FROM BANKERS.
- News wire article from: AsiaPulse News March 6, 2009 700+ words
...Creditors to collapsed stock lender Opes Prime could get around A$253 million (US...mediation talks begun last year between Opes Prime liquidators Ferrier Hodgson, the corporate...liquidators by ANZ and Merrill Lynch. Opes Prime, which specialised in the borrowing...
- Lessons (to be) learnt from the Opes Prime insolvency. (Australia)
- Magazine article from: Melbourne University Law Review Steele, Stacey December 1, 2008 700+ words
...This article creates a narrative of the Opes Prime insolvency from the copious and sometimes...lending practices in Australia, the Opes Prime business model and the immediate reasons behind Opes Prime's collapse into dual external administrations...
- ASIC TO OFFER SETTELEMNT TO OPES PRIME INVESTORS.
- News wire article from: AsiaPulse News March 6, 2009 700+ words
...to investors in the collapsed stockbroker Opes Prime. Based on estimates provided by Opes Prime's liquidator, the settlement is expected...around 40 cents in the dollar to creditors of Opes Prime, which includes investors, ASIC said in...
- AUSTRALIA'S ANZ BANK BOLSTERS RISK CONTROLS AFTER OPES PRIME REVIEW.
- News wire article from: AsiaPulse News August 22, 2008 700+ words
...inadequate in the period leading up to the Opes Prime crisis and that some employees breached...who had already left the bank over the Opes Prime debacle, would have been terminated...actions emanating from the collapse of Opes Prime. "I recognise the legacy of ANZ's...
- OPES PRIME CASE RE-OPENED BY AUSTRALIAN LAW FIRM.
- News wire article from: AsiaPulse News October 24, 2008 700+ words
...US67.32 million) class action against Opes Prime Stockbroking Ltd and its creditors ANZ...yesterday between the liquidators of Opes Prime, the Australian Securities and Investments...without a settlement being reached, Opes Prime liquidators Ferrier Hodgson said. Any...
- CREDITORS OF AUST CO OPES PRIME TO DECIDE ON US$206M SETTLEMENT.
- News wire article from: AsiaPulse News July 23, 2009 700+ words
...of failed Australian stocklending firm Opes Prime will meet on Friday to consider whether...million) settlement of their claims from Opes Prime's bankers. "The purpose of these...retirement of the receivers and managers," Opes Prime liquidator Ferrier Hodgson said in a...
- CLASS ACTION BY OPES PRIME HOLDERS ADJOURNED IN AUSTRALIAN COURT.
- News wire article from: AsiaPulse News June 25, 2008 700+ words
...25 Asia Pulse - A class action by Opes Prime investors against the failed stockbroker...million (US$95.4 million) against Opes Prime, ANZ and Merrill Lynch on behalf of more than 50 former clients of Opes Prime. Opes Prime, which specialised...
Source: HighBeam Research, AUSTRALIAN NEWSPAPER HIGHLIGHTS - APRIL 1, 2008.