Another major Chinese bank appears to be circumventing Government attempts of reducing speculation in the property market by adopting a relaxed interpretation of a recent directive.
Bank of Communications has joined ICBC and China Merchants Bank in relation to a new law that requires more stringent financials for those …
Australia’s banking sector was inadvertently put in its place last week by China banking heavyweight ICBC.
On the same day ANZ Bank announced plans to set aside $1 billion to invest in any number of Asian assets, ICBC splashed out exactly six times this amount to grab a …
The regulation of financial markets is a tough old game and in a way has many similarities with the story of Goldilocks and the Three Bears.
Overzealous regulators with a penchant for market intervention run the risk of creating uncertainty and dampening sentiment, leaving investor porridge cold, while …
Inheritance tax (IHT) is almost an anomaly in the UK’s Byzantine tax system – it is commonly regarded as a voluntary tax, in that financial advisers to the very wealthy can normally ensure their well-heeled clients avoid it.
At the same time, with the recent property price boom, …
The Federal Government’s fear mongering of a resurgent union movement, upward pressure on wages and thereby inflation and interest rates rises under a Labor Government are not manifesting in greater support for the Coalition it seems.
Two CoreData polls involving more than 15,000 people over the past four …
Promises of tax cuts smart of a Government making a last ditch attempt to hold onto power if the opinions of close to 11,000 readers of The Australian newspaper’s website are anything to go by.
CoreData’s minipoll software is collating the primary voting preferences of the site’s readers this …
