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| | | The Australian share market had moved into positive territory by noon as bank shares recovered from a weak opening. At 1220 AEDT on Wednesday, the benchmark S&P/ASX200 index was up 11.6 points, or 0.28 per cent, at 4,113.7, while the broader All Ordinaries ... |
| | | | At this year's ASX Schools Sharemarket Games, the 60,000 participating school students showed that they have only half the skill of professionals investment managers. The results should come as welcome relief to managed funds investors throughout Australia ... |
| | | | Standard & Poor's has downgraded the ratings of major US banks, including Goldman Sachs, Wells Fargo, Citigroup, JPMorgan Chase, Morgan Stanley and Bank of America, by one notch. The ratings agency said it reviewed its ratings on 37 of the world's largest ... |
| | | | RaboDirect and Cavendish have partnered up to launch a new online SMSF solution that boasts freedom of choice for trustees and compliance assistance. In a bid to bring more transparency to the self-managed super fund (SMSF) market, RaboDirect has created ... |
| | | | The 2011 12 Mid-Year Economic and Fiscal Outlook (MYEFO) released today forecasts solid economic growth, low debt and a return to surplus in 2012 13, despite a significant deterioration in global conditions in recent months, cutting $20 billion from ... |
| | | | Australian shares have posted modest gains after strong rises overseas due to a positive retail performance in the United States and hopes of developments on Europe's debt crisis. The local market's early gains were more moderate than those offshore ... |
| | | | The Rock Building Society potential merger with MyState Limited is one step closer after Rock shareholders vote heavily in favour of the move. If it goes ahead, it will create one of Australia's leading listed community-focused financial services groups ... |
| | | | "In every life we have some trouble, when you worry you make it double don't worry, be happy." - Bob Marley There's a laundry list of reports out last night that should have made financial markets wobble, yet... what we got was a strong performance ... |
| | | | Melbourne based boutique, Affinity Funds Management has launched a new fund to provide wholesale investors with access to residential property, the largest asset class in Australia. The Affinity Property Fund has been established to provide investors ... |
| | | | SYDNEY - The Australian market looks set to open lower following negative movements on international bourses after a weak sale of German 'gold standard' bonds stoked concerns that no one can be safe from the deepening eurozone debt crisis. At 0816 AEDT ... |
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