Market wrap - middayBY AAP | WEDNESDAY, 9 MAY 2007 12:30PMThe Australian share market was taking a break at midday following a flat Wall Street lead and mixed commodity prices. Analysts said the bourse was having a "yawn" after last night's federal budget, which economists believe was relatively interest rate-friendly. |
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Capstone joins forces with PictureWealth to form $22bn FUA planning network
|PictureWealth Group has inked a landmark deal with national advice licensee Capstone Financial Planning, forming a combined business with 360 financial advisers and $22 billion in funds under advice.
Mercer reviews small caps, Aussie equities mandates
|Mercer Investments Australia has overhauled the fund manager line-up across its Australian equities and small-caps funds following an investment review, retaining some incumbents and awarding fresh mandates at the same time.
HESTA launches campaign around super tax benefits
|The super fund is launching 'Super Saturday' to help those that are missing out on the advantage from super tax benefits ahead of the end of the financial year.
RBA on hold, rate cuts expected
|The Reserve Bank of Australia kept interest rates on hold at its June meeting with economists suggesting the next move could be a rate cut.
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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.
