ASIC to get tough on credit providers

omss, this is your Australian Business update for Fri Sep 03 08:20:29 EST 2010
	ASIC to get tough on credit providers EXCLUSIVE: Damon Kitney CREDIT providers face strict new compliance reviews and applicants for new licences will be subject to rigorous checks.   Wall St climbs ahead of key jobs data UPDATE: Jonathan Cheng US stocks closed higher, building on the big rally a day earlier, after better-than-expected housing and retail data.   Behind BHP's burning energy ambitions INSIDE STORY: Brett Clegg and Matt Chambers JUST how big are the ambitions of Marius Kloppers?   HP wins fierce $2bn battle for 3PAR Christine Seib HEWLETT-PACKARD has triumphed after a vicious bidding war for control of 3PAR, a data storage company.   Bernanke sees some financial break-ups Michael Crittenden and Martin Vaughan A NUMBER of large US financial firms may cut their size or embrace less-complex structures under new regulations, Ben Bernanke said today.   Top investor sues Forrest, FMG Matt Chambers ANDREW Forrest and Fortescue Metals are being sued by major shareholder Leucadia National for alleged misleading and deceptive behaviour.   Chief's Photon stake challenged EXCLUSIVE: James Chessell PHOTON Group chief executive Jeremy Philips has begun choosing a new senior management team ahead of a crucial shareholder vote this month.   Rio raises doubts over BHP deal Andrew Burrell RIO Tinto Iron Ore chief executive will not rule out BHP Billiton needing to increase the $US5.8 billion ($6.3bn) equalisation payment.   Financial Markets Wall St climbs ahead of key jobs data UPDATE: Jonathan Cheng US stocks closed higher, building on the big rally a day earlier, after better-than-expected housing and retail data.   Oil rises above $US75 on economic data Rising share price sets poser for Campbell   Financial Markets Coverage   Mining & Energy Gulf oil platform explodes in flames AN oil platform has exploded in flames off the coast of Louisiana, sparking fears of a new oil disaster in the Gulf of Mexico.   Oil rises above $US75 on economic data Behind BHP's burning energy ambitions   More Mining & Energy Coverage		08:00am Dollar up on firm US data 07:24am HP wins fierce $2bn battle for 3PAR 07:06am Bernanke sees some financial break-ups 06:57am Wall St jumps on positive data 06:41am Wall St climbs ahead of key jobs data 06:12am Oil rises above $US75 on economic data 04:59am Google releases slicked up Chrome 04:39am US stocks fluctuate 04:36am More Aussies switching to solar power 12:05am Burger King sale a $4.3b takeaway 12:00am US scrutiny for Potash Corp bid 12:00am Behind BHP's burning energy ambitions 12:00am Bourse's strong gains run out of puff 12:00am ASIC to get tough on credit providers 12:00am US manufacturing lifts dollar   More Business Breaking News
	Criterion Pokies pact offers a hollow victory ELEVEN days after the dead-heat poll, Tasmanian indie Andrew Wilkie threw his weight behind Julia Gillard yesterday. John Durie PM pressing Telstra's buttons TELSTRA boss David Thodey is privately breathing a little easier at the signs that Julia Gillard will be able to form a government. More Opinion Stories
	Agriculture Farmers in clover over $1.8bn wheat harvest Aviation Engine blaze sees training save the day Banking & Finance Bernanke sees some financial break-ups Construction & Engineering Hardie faces bailout to pay asbestos fund Green Business Preference? No Greens Healthcare Wilkie rejects Abbott $1bn Infrastructure & Utilities Brambles bolsters US arm Legal Affairs Mid-tier lawyers join the A-team Leisure & Gaming Gambling on pokies reform Manufacturing Diversify funding sources, banks warned Media Real men matter for VB's $7m sales pitch Mining & Energy Gulf oil platform explodes in flames Primespace   Execs reap rebound rewards Retail & Consumer Tough going for Metcash Small Business Dark clouds over small business Telecoms HP wins fierce $2bn battle for 3PAR Transport & Logistics Foster's executive 'a win' for Asciano		Highlights Behind BHP's burning energy ambitions INSIDE STORY: Brett Clegg and Matt Chambers JUST how big are the ambitions of Marius Kloppers?   ASIC to get tough on credit providers Top investor sues Forrest, FMG   More Highlights   Executive Lifestyle The story so far Fred Pawle THE Autobiography model, top of the Range Rover Vogue series, crowns 40 years of luxury SUVs.   Look on the bright side   More Primespace Coverage   Portfolio Manager Currencies Map Portfolio Login RSS Feeds Alerts (Email/Mobile) Vanguard Volatility Chart Alerts Login Interactive Charting
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