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| | | The Australian share market was weaker at noon as concerns about sovereign debt in Europe linger on investor sentiment to risk. By 1200 AEDT the benchmark S&P/ASX200 index had dropped 30.8 points, or 0.67 per cent, to 4,567.5. The broader All Ordinaries ... |
| | | | A property group has launched a service allowing first homebuyers and investors to purchase a new home for 50 per cent of the typical homeowner's costs. Property-Access International Ltd (PAIL) is a newly incorporated public company set up to make strategic ... |
| | | | The $7.7 billion VicSuper has reallocated 5 per cent of its property portfolio to fixed interest, reduced its private equity holdings, and aimed to hedge 65 per cent of its international equities portfolio as part of its investments update in the last ... |
| | | | The AMP- AXA tie up has edged closer to completion with the three main parties (AMP, AXA APH and AXA SA) signing binding merger transaction agreements today. The transaction documents set out the key commercial terms to allow the merger of AMP and AXA ... |
| | | | Charter Hall increased assets for the new Direct Industrial Fund (DIF) to $70 million - only four months after the fund's launch - through a major property deal. DIF has now acquired a new distribution facility in Kingsgrove, New South Wales and a third ... |
| | | | Specialist life insurance group Tower Australia has reported a 24 per cent profit growth this year to $92.3 million, buoyed by strong performance in its group and direct insurance channels. Tower's retail life business underwent significant changes ... |
| | | | The Australian market is receiving overwhelmingly positive leads from offshore trading overnight. On the ASX 24 at 0727 AEDT, the December share price index futures contract was 42 points higher at 4,628. In economics news, the Australian Bureau of ... |
| | | | BNY Mellon Asset Management's Ankura Capital has won an Australian equity mandate from Russell Investments. The mandate forms part of Russell's newly launched Australian Shares Enhanced Income Fund and follows Ankura's winning of a high yield mandate ... |
| | | | The $33 billion AustralianSuper is adding the Port of Brisbane to its infrastructure portfolio - the latest addition to its $4.5 billion infrastructure portfolio after the fund signalled its intentions to be a key player in the asset class earlier this ... |
| | | | The Australian stock market was lower at noon as investors worried about debt issues in Europe and tensions on the Korean peninsula. At 1200 AEDT, the benchmark S&P/ASX200 index was down 23.1 points, or 0.50 per cent, at 4,566.0, while the broader All ... |
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