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Showing 10411 - 10420 of 10710 results for "May 2012"

Midday Market Wrap: Dollar gets handle over 70 US cents

AAP | FRIDAY, 24 OCT 2003

The Australian dollar was weaker at noon but had managed to get a handle back above 70 US cents after some overnight losses. At 1200 AEST the Australian dollar was trading at $US0.7013/19 compared with yesterday's close of 0.7035/38. The local unit ...

ASGARD launches fee discounts for family accounts

ASGARD has implemented a sweeping range of fee discounts of up to 33 per cent for linked family accounts, the investment platform has announced. The platform said that the move, aimed at rewarding investors for consolidating their investments with ASGARD ...

Morning Market Wrap: Rise expected after mixed night on Wall Street

The Australian share market is likely to move higher despite a mixed night on Wall Street overnight. In the US stocks ended mixed, with the Nasdaq finishing lower and the Dow Jones recouping early losses to close firmer. By 0638 AEST on the Sydney Futures ...

Afternoon market wrap: Stronger dollar hurts stocks, lifts bonds

The strengthening Australian dollar left the Australian share market weaker today, with major resource stocks leading the way down. The benchmark S&P/ASX 200 index closed 33.2 points weaker at 3266.3. The dip in the Australian market followed strong ...

Midday Market Wrap: Dollar and bonds stronger

The Australian dollar was stronger at noon, above 70 US cents as a host of international and domestic factors support its strength. At 1200 AEST the Australian dollar was trading at $US0.7053/59 compared with yesterday's close of 0.7005/10. It had traded ...

Industry groups call for active management interest in imminent IASB standards

The Australian Securities and Investments Commission (ASIC) and the Financial Reporting Council (FRC) have called on all company boards and management to take an active interest in preparing for the adoption of the International Accounting Standards ...

Industry fund signs directed brokerage agreement

The controversial practice of directed brokerage continues to make inroads in Australia, with industry fund Unisuper announcing it has entered into a commission recapture program with the Frank Russell group. Under a typical directed brokerage arrangement ...

Midday Market Wrap: No market effect from low CPI data

The Australian dollar was stronger at noon, remaining close to the $US0.7000 level it reached in overnight trade but not moving higher. At 1200 AEST the Australian dollar was trading at $US0.6988/93 compared with yesterday's close of 0.6939/44. Commonwealth ...

Afternoon market wrap: Australian shares close at new highs

The Australian stock market bounced back into positive territory to hit a fresh 16-month high today amid a mixed performance by blue chip stocks. Market heavyweights News Corp and National Australia Bank pushed higher while Telstra and Cochlear suffered ...

Midday Market Wrap: Dollar weak; bonds strong

The Australian dollar was fractionally weaker at noon but had travelled in an upwards trajectory in local trade after being knocked lower by a broadly stronger United States currency overnight. At 1200 AEST the Australian dollar was trading at $US0.6932/36 ...

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Treasury responds to Debelle's review into the AOFM

KARREN VERGARA

Treasury has responded to the Guy Debelle-led review into the Australian Office of Financial Management (AOFM), agreeing to all six recommendations.

Bravura ups guidance, reports earnings increase

RIDDHIMA TALWANI

Bravura Solutions informed investors cost discipline will protect its full year earnings result after a client migrated to a Business Process Outsourcing (BPO) early in the year.

MaxCap hires from Vanguard, AustralianSuper

MATTHEW WAI

MaxCap has welcomed two senior directors, including a portfolio manager from Australia's largest super fund, reporting to the recently named chief executive Kylie Robb.

Zenith snags mandate from Granite Bay

MATTHEW WAI

Granite Bay Private Wealth has selected Zenith Investment Partners to support their investment governance and due diligence.

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