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| | | ... higher commodity prices," he said. The banks were mixed at 1206 AEDT. ANZ was down four cents at $24.05, National Australia Bank was up 22 cents at $26.19 and Commonwealth Bank was nine cents higher at $48.97. Westpac was down 93 cents, or 3.98 per cent ... |
| | | | ... largely immaterial from the perspective of the ordinary investor. "The essence of the restructure is the elimination of the bank as the holding company and the creation of a new holding company," he said. "While this is another important step in the ... |
| | | | The onus is on bank-aligned financial planners to lead the way in providing professional advice after a national survey released this month found that two in five Australians are more likely to depend on the big four banks for advice ahead of their ... |
| | | | ... country's most respected equity fund managers has lamented that its retail business is facing "intense" competition from bank term deposits. "While Platinum continues to attract positive retail net fund inflows the competition from bank term deposits ... |
| | | | ... stopped offering residency to foreigners who buy property in the city, and increased land auctions to boost supply. The central bank said that it could take more "measures that are specific to the housing market if necessary." This one from the Banco ... |
| | | | The Australian market has received generally positive leads from offshore trading over the weekend. Equities markets were higher in both the US and Europe, as were precious and base metals and oil. On the ASX24 at 0652 AEDT, the December share price ... |
| | | | ... AEDT, the December share price index contract was 75 points higher at 4,832 points. In economics news on Friday, the Reserve Bank of Australia releases a statement on monetary policy, and the Australian Office of Financial Management conducts a tender ... |
| | | | ... Duffield will retire at the end of the year, the company announced. Duffield joined Vanguard in 1980 from the Federal Reserve Bank of Richmond, Virginia, where he served in economic research. His first role at the firm was as an assistant to Vanguard ... |
| | | | ... anticipated it to be," said Thomas on one of the key reasons why Angwin left the firm. Jeff Hall, who joined from Macquarie Bank-owned COIN to become general manager at van Eyk, will take over Angwin's duties in the interim. While van Eyk made staff ... |
| | | | Just right. Gauging from the financial markets' reaction, it appears that the US Federal Reserve has got its QE2 recipe just right. It was a little hotter than the US$500 billion risk assets have already priced in but not too hot as the US$1 trillion ... |
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