Market wrap - middayBY AAP | TUESDAY, 5 SEP 2006 12:46PMThe Australian stock market was higher at noon propelled by lingering optimism from yesterday's gains, amid speculation the Reserve Bank of Australia will leave interest rates untouched following its monthly board meeting today. At 1200 AEST the benchmark S&P/ASX200 was 15.1 points higher at 5144.3, while the all ordinaries rose 14.3 points to 5105.8.On the Sydney Futures Exchange, the September share price index gained six points to 5,150. |
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ASIC cancels AFSL of Australian Fiduciaries
|ASIC has cancelled the Australian financial services licence (AFSL) of Queensland-based Australian Fiduciaries, which is currently in liquidation.
Treasury expects regulators to do the heavy lifting
|Treasury has released new Statements of Expectations for APRA and ASIC, with an emphasis on how the regulators should promote a more sustainable and secured financial ecosystem.
NGS Super names head of strategy
|NGS Super has appointed the former ASFA chair as head of strategy, as the fund aims to strengthen its retirement offering.
SS&C axes jobs, shifts roles offshore
|US software services giant SS&C Technologies has slashed 170 Australian roles in the operations, technology and delivery teams.
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Featured Profile
Blake Briggs
CHIEF EXECUTIVE OFFICER
FINANCIAL SERVICES COUNCIL
FINANCIAL SERVICES COUNCIL
Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.
