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| | | ... stocks leapt to fresh record highs on Tuesday as newly released Federal Reserve minutes raised expectations of further interest rate cuts. At 0800 AEST on the Sydney Futures Exchange, the December Share Price Index was up 51 points to 6760. Today, the ... |
| | | | ... market have a little bit of sideways movement." He said market observers awaited news from the US this month on whether interest rates would be cut again. In the US overnight, the Dow Jones industrial average shed 22.28 points to 14,043.73 and the Standard ... |
| | | | Apostle Asset Management has acquired the IXIS Australia distribution arm through a management-led buy out. Karyn West, the managing director of Apostle who was also formerly in charge of IXIS Australia, said the advantage of the arrangement is they ... |
| | | | ... carry trades. The Aussie dollar's 23 year record high was not only fuelled the shrinking greenback, but also a growing interest rate differential between the US and Australia and continued strong commodity prices. While several economists are predicting ... |
| | | | ... investors balked at making big bets ahead of important jobs data that could shed light on the US economy and the outlook for interest rates. At 0737 AEST on the Sydney Futures Exchange, the December Share Price Index was up 18 points to 6662. This morning ... |
| | | | ... and run the risk of paying the late contribution fee twice. The SG charge includes the amount of the contribution plus interest and an administration fee paid directly to the Tax Office. Minister for Revenue and Assistant Tresurer, Peter Dutton, said ... |
| | | | ... annual general meetings. In economics, the Reserve Bank of Australia (RBA) will announce its decision on the official interest rate, which is expected to remain steady at 6.50 per cent. The Australian Bureau of Statistics releases retail sales and the ... |
| | | | ... fund's assets into its investment products across Australian equities, international equities, property, Australian fixed interest, global fixed interest, hedge fund of funds and cash. "Harwood moved to an outsourced model to ensure the fund could continue ... |
| | | | ... managers, who will continue to buy commodity stocks." He said a meeting of the Reserve Bank of Australia today would be of interest to the market. The Dow Jones industrial average finished 191.92 points higher at 14,087.55 after hitting an all-time high ... |
| | | | ... predicting the odds at around 33 per cent. Comments from Federal Reserve officials playing down the chances of further interest rate cuts also weighed heavily on the markets. Nonetheless, the Standard and Poors ASX 200 index has rallied 85 points to ... |
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