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Market wrap

AAP  |  FRIDAY, 22 AUG 2014
The Australian stock market has pushed higher, following gains in the US and Europe. IG market strategist Stan Shamu said the market was taking its lead from the US and Europe, where markets finished higher overnight. "I think we are just tracking some ...

Advisers to study for 200 hours under TASA

LAURA MILLAN  |  WEDNESDAY, 20 AUG 2014
Planners registered as tax financial advisers with the Tax Practitioners Board (TPB) will have to undertake at least 200 hours of study covering Australian taxation and commercial law. Advisers who are members or are seeking membership of a professional ...

Market Wrap AM

AAP  |  WEDNESDAY, 20 AUG 2014
The Australian market looks set to open lower, after there were falls in commodity prices overnight. At 0655 AEST on Wednesday, the September share price index futures contract was down seven points at 5,576. Benchmark crude oil on Tuesday night fell ...

Market Wrap AM

AAP  |  MONDAY, 18 AUG 2014
The Australian sharemarket is expected to open slightly higher on Monday despite flat trading in the US at the end of last week. The September share price index futures contract was up 10 points at 5,516. Earning season continues this week with National ...

Market Wrap AM

AAP  |  FRIDAY, 15 AUG 2014
The Australian market looks set to follow Wall Street and European markets higher after a slew of disappointing economic reports. At 0803 AEST on Friday, the September share price index futures contract was up 23 points at 5,517. Data showed that US ...

Market Wrap AM

AAP  |  THURSDAY, 14 AUG 2014
The Australian market looks set to open higher after Wall Street rose despite a lacklustre US retail sales report and some disappointing earnings announcements. At 0805 AEST on Thursday, the September share price index futures contract was up 25 points ...

Market Wrap AM

AAP  |  TUESDAY, 12 AUG 2014
The Australian market looks set to open lower after falls on US and European bourses amid escalating tensions between the West and Russia, and talk of possible military action by the US. At 0830 AEST on Friday, the September share price index futures ...

BRUMBIE: Walk quietly but carry a big stick

ALEX DUNNIN  |  WEDNESDAY, 6 AUG 2014
... few weeks since Financial System Inquiry (FSI) chief David Murray handed down his interim report and already sectional advance troops have been spooked into defending their status quo. But rather than squabble over details, like is always the case with ...

Wall Street snubs the IMF

BENJAMIN ONG  |  FRIDAY, 25 JUL 2014
"The global growth projection for 2014 has been marked down by 0.3 percent to 3.4 percent, reflecting both the legacy of the weak first quarter, particularly in the United States, and a less optimistic outlook for several emerging markets. With somewhat ...

Another October to remember?

BENJAMIN ONG  |  TUESDAY, 22 JUL 2014
... psychological support to the financial markets. Don't worry, go shopping. They'll let us know when the time comes... in advance. But wait, hold your horses, hang on a moment! Isn't that day coming soon (for the US, at least)? Didn't the minutes of the ...