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| | | ... in the US were uninspiring." Westpac was the best performer of the big banks, up 16 cents, or 0.7 per cent at $23.16. The bank said at its annual general meeting that it expected the economy to improve in the forthcoming year. Commonwealth was up 17 ... |
| | | | ... movement. It is part of Industry Super Holdings, a group of 35 industry super funds. The four main entities in ISH include ME Bank as the banking arm, Industry Funds Management for funds management, IFS for financial services and financial planning and ... |
| | | | ... the December share price index futures contract was three points higher at 4,781. In economics news on Wednesday, Reserve Bank of Australia (RBA) assistant governor (financial markets) Guy Debelle addresses the 23rd Australasian Finance & Banking Conference ... |
| | | | The Australian stock market was flat at noon, just in positive territory after easing back slightly from the start of trade. At 1212 AEDT, the benchmark S&P/ASX200 index was up 5.2 points, or 0.11 per cent, at 4,762.3 points, while the broader All Ordinaries ... |
| | | | Solid earnings growth should propel Australian stocks higher next year, while US bond yields could be set for sharp increases as investors become more confident and shift back into equities. These are the views of Aviva Investors, who believes the local ... |
| | | | ... Milton has managed Choiseul since 1992 with the two groups sharing many of the same principle investments include Commonwealth Bank, BHP, Woolworths and Telstra. |
| | | | ... takes senior, secured exposure over income producing property in Australia. It has a target return of 4 per cent above the bank bill rate. Richard Brandweiner, group executive, income and multi-sector, said the fund will be looking to make commercial ... |
| | | | ... overnight?" The thesis is that Wall Street had a positive performance because "Sentiment was helped by a move by China's central bank to curb inflation, as authorities there did not raise interest rates..." And to give it more credibility, Reuters quoted ... |
| | | | ... Australian Bureau of Statistics issues data on dwelling unit commencements in the September quarter, and National Australia Bank releases the report of its monthly business survey for November. In equities news, in Sydney, the Senate Economics References ... |
| | | | ... of secured lending, covered bonds were likely to price inside unsecured debt and therefore offer lower yields than current bank paper. He said that covered bonds would provide both major banks and regional banks with alternative sources of cheap funding. ... |
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