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| | | ... $32.33 and Rio Tinto dropped $1.07 to $52.89. The four major banks were also lower. ANZ fell six cents to $24.49, Commonwealth Bank was seven cents lower at $55.24, National Australia Bank dropped three cents to $25.55 and Westpac lost 10 cents to $24.44. ... |
| | | | ... liquidity being pumped into the system by three of the world's major central banks - the US Federal Reserve, the European Central Bank and the Bank of Japan - markets appear unconvinced. Wall Street was down again with the S&P 500 index dropping by 1.1% ... |
| | | | ... Wednesday, the September share price index futures contract was down 35 points at 4,350. In economic news on Wednesday, Reserve Bank of Australia (RBA) head of payments policy department Tony Richards is scheduled to deliver speech to Mobile and Contactless ... |
| | | | SYDNEY, Sept 25 AAP - The Australian market is slightly weaker as delays in implementing the Greek bailout package frustrate investors and commodity prices fall. At 1200 AEST on Tuesday, the benchmark S&P/ASX200 index was down 9.3 points, or 0.21 per ... |
| | | | ... merger of Goldman Sachs and JBWere in 2003, Goldman Sachs agreed to sell 80.1% of the JBWere business to National Australia Bank in 2009. As part of this deal with NAB, Goldman put in place a distribution agreement with JBWere which is now being renewed ... |
| | | | ... encouraged to borrow large sums against their assets on what was presented as only "moderate risk". The trial against Macquarie Bank and the Bank of Queensland began in Brisbane's Federal Court yesterday. Both institutions lent money to Storm investors ... |
| | | | The stars appear to be aligning for those calling on the Reserve Bank of Australia (RBA) to give official interest rates another chop when they meet to deliberate on monetary policy next week. Let's start with the minutes of the 4 September meeting. ... |
| | | | ... Tuesday, the December share price index futures contract was down two points at 4,396. In economic news on Tuesday, the Reserve Bank of Australia (RBA) releases its Financial Stability Review while RBA assistant governor, financial markets, Dr Guy Debelle ... |
| | | | ... negative equity then American's can easily sell their house, move interstate to take that job that they want, and can go to the bank and refinance. "The reason why QE3 might not have the same market impact is because we are starting off from a better ... |
| | | | ... world with close to a 6% franked yield for the market as a whole - much better than the 0.1% Japanese investors get from bank deposits. The fund, however, is not currently available to Australian investors. |
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