Market wrap - middayBY AAP | WEDNESDAY, 27 SEP 2006 12:38PMAustralian stocks have continued their upward momentum to make further gains by noon with a massive jump on Wall St propelling higher trading across most sectors. At 1200 AEST the benchmark S&P/ASX200 index was up 84.8 points to 5074.4 and the all ordinaries gained 79.3 points to 5035.8. |
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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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The end of free money
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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.
