I wouldn’t mind betting that listed infrastructure will join listed property, resources and wrap accounts as one of the great export success stories of the Australian financial services industry.
01/07/2008
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Opinion
There is broad consensus in industry and Canberra that the collapses of the Shield and First Guardian master funds – and failures that led to them – demand a regulatory response. But getting that response wrong could create an uneven playing field in the industry and some counterproductive consumer outcomes.
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