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| | | ... AEST, the June share price index futures contract was 16 points lower at 4,653. In economics news on Tuesday, the Reserve Bank of Australia (RBA) issues the minutes of its monetary policy meeting on May 3, and the Australian Bureau of Statistics (ABS) ... |
| | | | ... 26 cents lower at $22.20. Westpac lost $1.11 to $22.62, Commonwealth has fallen 50 cents to $51.25 and National Australia Bank has lost 19 cents to $26.70. Overall national turnover was 291.50 million shares worth $570 million, with 159 stocks up, 537 ... |
| | | | ... advisers are hungry for information on these products," said Craig Keary, head of sales and distribution, Westpac Institutional Bank. Westpac is focusing its attention on educating advisers on geared investment products in an attempt to re-introduce ... |
| | | | ... documents from the defendants. The action is questioning the reasoning of loans that were issued by Bendigo and Adelaide Bank, Javelin Asset Management and Great Southern Finance for investors of Great Southern. Additionally, investors who invested their ... |
| | | | Property fund managers remain concerned by the lack of access to financing from major lenders, with no notable improvement in the last year, according to the Australian Direct Property Investment Association (ADPIA). An ADPIA survey of fund managers ... |
| | | | ... 26.95 points higher at 2,871.03 WELLINGTON - Prices on the New Zealand sharemarket ended little changed, even though Reserve Bank of New Zealand governor Alan Bollard again signalled that interest rates will remain low. The benchmark NZX-50 index closed ... |
| | | | ... record highs, he said it was a timely and topical issue. Even if inflation stuck at 2.5 per cent - well within the Reserve Bank's target band - it would erode the purchasing power of a retiree's super by a substantial amount over 30 years. "Advisers ... |
| | | | The biggest wave of freed-up money to hit the market in years will be looking for a home next month with $14 billion worth of bonds set to mature, a credit market expert has said. Vivek Prabhu, portfolio manager and credit analyst for Perpetual, says ... |
| | | | ... down at $22.30, Westpac has lifted 15 cents to $23.76, Commonwealth has advanced 10 cents to $51.80 and National Australia Bank has improved five cents to $26.98. Overall national turnover was 519.4 million shares worth $840 million, with 361 stocks ... |
| | | | ... economic growth, reduce corporate profits - equities fall. This logic was there for all to see yesterday after the Peoples Bank of China again announced -its fifth this year - that it' lifting its reserve requirement by 50 bps to 21 per cent effective ... |
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