Market Wrap - MiddayBY AAP | WEDNESDAY, 18 JUL 2007 12:56PMAt 1216 AEST, local energy stocks were mixed with Woodside Petroleum dropping $1.04 to $45.50, while Santos gained 15 cents to $14.15 and Oil Search rose two cents to $4.18. |
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Super for housing to exacerbate affordability crisis: Eslake
|Superannuation being used for house deposits would push up home prices, undermining Australians' home ownership prospects, slash retirement savings, and come at a significant cost to the Budget, according to a Corinna Economic Advisory report by Saul Eslake.
Federal Reserve kicks off easing cycle
|The Federal Reserve elected to cut interest rates by 50 basis points overnight, its first reduction in four years.
Super to be paid on parental leave from July 2025
|The legislation that will see superannuation contributions paid alongside government-funded parental leave entitlements passed parliament this morning.
BlackRock revamps private credit business
|BlackRock is restructuring its private debt arm, saying private credit is "one of the firm's top priorities" and it intends to become a leader in the space.
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Featured Profile
Elysse Morgan
HD CLIENT SOLUTIONS, AUSTRALIA & NEW ZEALAND
STAFFORD CAPITAL PARTNERS PTY LTD
STAFFORD CAPITAL PARTNERS PTY LTD
Stafford Capital head of client solutions, Australia and New Zealand Elysse Morgan spends most of her working day engaging with the keepers of capital, encouraging them to break new ground, to step away from the conventional, and go against the grain with the nascent asset class of timber. Andrew McKean writes.
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