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| | | IOOF has reported statutory net profit after tax of $48.3 million in its interim results, and will pay an interim fully franked dividend of 22.5 cents per share. The funds management, advice, superannuation and trustee services provider saw growth across ... |
| | | | London-headquartered HSBC has controversially unveiled measures to avoid new EU rules on bank bonuses, drawing the wrath of union bosses. This comes after Europe's biggest bank managed a 15.5% A jump in annual net profits and warned about emerging markets ... |
| | | | He's either really brave or truly spaced out after smoking some heavy stuff. One thing's for sure though, Deutsche Bank's chief economist for Australia Adam Boyton has made the headlines with his fearless forecast that the Australian dollar would be ... |
| | | | The Australian market looks set to open strongly higher after gains on Wall Street and European bourses fuelled by signs of solid business activity and stable eurozone inflation. At 0830 AEDT on Tuesday, the March share price index futures contract ... |
| | | | National Australia Bank (NAB) has reported unaudited net profits of $1.4 billion and unaudited cash earnings of $1.55 billion for the December quarter. The latter figure represented a 7% rise from the corresponding period, and was 2% above the quarterly ... |
| | | | The Financial Services Council (FSC) has called for superannuation to be taken out of the modern awards system, a move it believes would improve competition among super funds and ultimately benefit members. In its submission to the government discussion ... |
| | | | Young Australians rely mostly on family, friends and banks for financial advice, while accountants and financial advisers are out of favour, RaboDirect research has found. The 2013 RaboDirect National Savings & Debt Barometer (NSDB) found that 36% of ... |
| | | | The Australian market looks set to open flat after Wall Street finished modestly lower following weak housing figures but European markets rose as traders digested mixed retail sales data out of Britain. At 0754 AEDT on Monday, the March share price ... |
| | | | The week that was looked exactly like the week before that was. Yes Virginia, financial market sentiment remains upbeat for what is good is good and what is bad, what is disappointing, what is negative is "likely affected by the weather". Blame the ... |
| | | | Positive reactions to earnings reports from several major companies have pushed the share market higher. Morning trade had been mildly positive despite a negative lead from US markets, IG market strategist Stan Shamu said. "We've started off fairly ... |
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