Market Wrap - MiddayBY AAP | TUESDAY, 3 MAR 2009 12:25PMThe Australian stock market was around 1.5 per cent lower at noon ahead of the Reserve Bank of Australia's interest rate decision, after diversified financials and transport stocks helped the market claw back some lost ground. |
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Greens, Labor agree on LRBA ban on SMSFs
|The Australian government is backing the Greens' policy to put a stop on SMSFs from purchasing residential properties with any capital assistance, arguing the sector is currently gating nearly two million properties from first homebuyers.
Pendal shutters Global Select Fund
|Only five years after it debuted, Pendal has terminated its Global Select Fund, an actively managed international equity strategy.
First Sentier adds to C-suite, hires from Rabobank
|First Sentier Group has appointed a former Rabobank executive as chief people officer.
IFM builds Atlas Arteria stake to majority
|IFM Investors has been slowly creeping control over Atlas Arteria through on-market stock purchases, finally crossing the 50% ownership mark.
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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.
