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| | | ... futures contract was down 29 points at 4,755. In economics news on Wednesday, the Australian Industry Group and Commonwealth Bank issue their Australian Performance of Services Index (PSI) for April, the Housing Industry Association (HIA) releases data ... |
| | | | Mortgage aggregator Vow Financial is looking to ward off competition from banks by offering financial planning services to retail property investors. Vow Wealth Management has been launched as a joint venture with financial planning firm, The Selector ... |
| | | | ... management division to improve after posting a $41 million fall in net profit after tax for the half year ended March 31 2011. The bank, which posted overall statutory first half profit of $2.7 billion, said the focus for its Australian wealth business ... |
| | | | ... industry super fund has released its Energy Rewards program in partnership with Member Plus, Engaging Members, RT Health and ME Bank. "That is why we formed the partnerships, so we can focus on delivering super while our partners bring their best assets ... |
| | | | Stockbroker Intersuisse has appointed former Macquarie bank and Stonebridge institutional dealers in associate directors roles to lead its own institutional dealing desk. Former Macquarie Bank dealer Will Cleland has moved into one of the associate ... |
| | | | ... the red at noon, down about one per cent as investor concern continues over the high Australian dollar ahead of the central bank's interest rates decision. At 1200 AEST, the benchmark S&P/ASX200 index was down 52.8 points at 4772.5, while the broader ... |
| | | | ... contract was 22 points lower at 4,797. Economics news on Tuesday is focussed on the regular monthly board meeting of the Reserve Bank of Australia, which will consider, inter alia, official interest rates. Its decision is expected at 1430 AEST. In equities ... |
| | | | ... shares in Westpac were up five cents to $24.89, ANZ lost a cent to $24.22, and NAB found four cents to $27.12. Commonwealth Bank improved 18 cents to $53.89. Making news on Monday, BT Investment Management Ltd says it increased first half profit by 51 ... |
| | | | ... further tracking error risk. Liquidity, complexity, lack of transparency and counter-party risks have also been flagged by Bank for International Settlements economist Srichander Ramaswamy in a paper called Market Structures and Systemic Risks of Exchange-Traded ... |
| | | | ... delivery rising $US1.07 to settle at $US113.93 a barrel on the New York Mercantile Exchange. In news on Monday, the Reserve Bank of Australia (RBA) will release its index of commodity prices for May, ahead of its monthly monetary policy meeting on Tuesday. ... |
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