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| | | ... per cent in February. In company news, Bank of Queensland posted profit for the first half up 19 per cent, while its interest margin dropped on the back of the worldwide turmoil in credit markets. CMC Markets senior dealer Matt Lewis said it was no surprise ... |
| | | | ... or 1.13 per cent, at 2,322.12. LONDON - Britain's main share index dipped 0.11 per cent, dawdling on the eve of a key interest rate verdict as depressed banks overrode an energy sector fired up by stellar oil prices. The FTSE 100 ended down 6.3 points ... |
| | | | ... per cent, nearly as much as the finance sector. "Businesses who are making borrowing decisions daily react quickly to interest rate rises. They are likely to make immediate budgeting decisions and cutting their expensive executive payroll is often the ... |
| | | | ... we invest in the AMP capital guaranteed product. Their asset allocation is very heavily weighed towards cash and fixed interest, which in the current market have done so much better than the growth assets and equity markets," said CARE Super general ... |
| | | | ... higher or lower than commercial rates. It said: "Monies advanced by a member or related party at greater than a commercial interest rate may result in a breach of the sole purpose test, on the basis that the excessive interest rate may mean that the ... |
| | | | Former GMO strategist Jack Gray has joined alternative investment specialist, Brookvine, in a special advisory role. In January, Gray resigned from GMO as head of strategy to pursue academic projects and work with the United Nations High Commissioner ... |
| | | | ... but included exposure to uncorrelated investments in global credit, emerging market debt, high yield and currency and interest rate derivative strategies. The fund aims to outperform the UBS Composite Bond index by 150 basis points per annum over a three ... |
| | | | ... scratch next year. Virgin Money chief executive David Wakeley said yesterday Virgin's card model, which combined low interest rates and no fees, was hard to sustain in the current market. He said other low rate card issuers had kept their rates down ... |
| | | | Federal minister for superannuation and corporate law, Nick Sherry, has announced plans to develop a rationalisation mechanism to help customers move from an outdated investment product to a new one, at little or no cost. "The operation of legacy products ... |
| | | | ... cent of women said they wanted to learn more about planning for their long term retirement, contrasting the level of interest from men at 77 per cent. As a result, the Financial Literacy Foundation, in association with the Office for Women and Security4Women ... |
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