Market wrap - middayBY AAP | WEDNESDAY, 27 JUN 2007 12:30PMThe Australian stock market was stuck in a rut for the third successive day this week, with falls on Wall St and weaker commodity prices again to blame. At 1200 AEST, the benchmark S&P/ASX200 Index was down 44.9 points at 6,263.7, while the all ordinaries fell 45.5 points to 6,291.8. |
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Vanguard Super lowers fees
|Vanguard Super is reducing its annual administration fees off the back of strong investment performance and its short time in the market.
Chief member officer leaves Insignia Financial
|Insignia Financial is on the hunt for a new chief member officer for its superannuation business, confirming the departure of Anne Coyne.
Super for housing 'economically reckless': SMC
|The Super Members Council (SMC) has warned that encouraging young Australians to use their superannuation for a house deposit could dramatically drive-up house prices and deplete their retirement savings.
Treasury shakes up foreign investing framework
|Treasury is promising to make Australia a better investment hub for foreigners as it lays out comprehensive reforms to make the system "stronger, more streamlined, and more transparent".
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Robert De Dominicis
CHIEF EXECUTIVE OFFICER
GBST HOLDINGS LIMITED
GBST HOLDINGS LIMITED
It was during a family sojourn to the seaside town of Pescara, Italy, Rob DeDominicis first laid eyes on what would become the harbinger of his future. Andrew McKean writes.
