Market wrap - middayBY AAP | FRIDAY, 11 MAY 2007 12:10PMThe Australian share market opened down this morning, then slipped lower in early trade, following yesterday's record close achieved on the back of strong retail performances. The bourse was dragged down by a weaker Wall Street and falling commodity prices, with the big miners taking early hits following two days of takeover speculation. |
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APRA investigating Diversa's executive compensation
|APRA has commenced an investigation into if Diversa's executive remuneration decisions were made in accordance with prudential standards and trustees' duties under the Superannuation Industry (Supervision) Act.
Kudu continues Australian expansion with fresh investment
|Kudu Investment Management has acquired a minority stake in a Sydney-based financial advisory business mere days after an identical transaction with Drummond Capital Partners.
Apex takes on Mercer's NZ fund admin business
|Apex Group has expanded its presence in New Zealand, agreeing to onboard Mercer New Zealand's fund administration operations as part of its broader growth strategy across Australasia.
Aware Super ups stake in retirement village asset
|Aware Super has increased its ownership in Keyton, Australia's largest owner and operator of retirement villages, to 75% by acquiring Lendlease's interest of 25.1%.
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Featured Profile
Brian Redican
CHIEF ECONOMIST
NEW SOUTH WALES TREASURY CORPORATION
NEW SOUTH WALES TREASURY CORPORATION
What makes an economist an economist? TCorp chief economist Brian Redican reflects on over three decades of navigating Australia's economic cycles. Riddhima Talwani writes.
