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| | | The Australian market looks set to open lower, following falls in overseas stocks. At 0656 AEST on Thursday, the September share price index futures contract was down 13 points at 5,616. Wall Street was down almost one per cent as fresh problems emerged ... |
| | | | ... the others to 'sell on news' of a Greek deal. No siree! This is also because news that the present and pressing Greek problem has been resolved - er, kick down the road once more - brings the Fed's finger on lift-off button closer. Note that the Fed's ... |
| | | | When the global financial crisis broke, people dubbed them the PIIGS. Portugal, Italy, Ireland, Greece and Spain were the ugly ducklings of Europe. They had inefficient economies, had been relying on EU funding and were heavily indebted. Today, most ... |
| | | | Investment management fees are too high and if they remain unchecked then fund managers will find clients moving management capabilities in house or search for cheaper options. That's according to Future Fund managing director David Neal, who made the ... |
| | | | "I got chills, they're multiplying..." What's that Virginia? You're sick of hearing and reading about Greece? Not as I am about ranting about it for the umpteenth time, believe you me. Each time the Greek "crisis' re-emerges, we get this volatility ... |
| | | | Sit down, buckle up and hang on. Houston, we don't have a problem... we now have a crisis (yet again). More precisely, a replay of the Greek debt crisis. Just have a look at some of the headlines this morning: "Stocks all over the world are dropping ... |
| | | | The chief executive of superannuation research and advice firm Rice Warner believes Australians will be set up for poor retirement unless the industry kills off its many myths. In his latest column for Rice Warner, Michael Rice said many proposed solutions ... |
| | | | ... says, "particularly for members who are close to and in retirement, is very considerably overexposed to equities. "The problem you get is that you expose yourself to what economists call sequencing risk, which is means that not only does your account-based ... |
| | | | ... construction industry was identified as one of the main sectors for non-compliance and further action is needed to deal with the problem "which is having an increasing impact on workers superannuation balances and on government revenues." "The effect ... |
| | | | "If you owe the bank $100 that's your problem. If you owe the bank $100 million, that's the bank's problem." -J. Paul Getty Try 240 billion euros or $272 billion J. Paul - the total amount of bailout money extended to Greece thus far -- a,-300 million ... |
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