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| | | Australian shares had held on to their slight opening gains at noon, led by defensive sectors such as healthcare and consumer staples. At 1225 AEDT on Friday, the benchmark S&P/ASX200 index was up 24.8 points, or 0.6 per cent, at 4253.4, while the broader ... |
| | | | Australian shares are set to for a relatively flat start on Friday as world markets failed to continue a strong rally sparked by central bank action for major banks. At 0829 AEDT on Friday, the December share price index futures contract was up two ... |
| | | | Tell someone who cares! There were reports out while we slept that could have been blamed for the equity markets returning some of the gains made during yesterday's rally but somehow they didn't have the same spook they had even only a week ago. There ... |
| | | | The Australian stock market has opened more than 2.5 per cent higher with resources and banking among the best performers in response to a positive session on Wall Street. At 1024 AEDT, the benchmark S&P/ASX200 index was up 112.3 points, or 2.73 per ... |
| | | | BlackRock Investment Management Australia has been appointed to manage almost $4 billion of assets for VicSuper Fund, one of Australia's fastest growing public offer superannuation funds. BlackRock will manage the index mandates across Australian equity ... |
| | | | ASFA is calling for a 12 month "transition period" from the proposed FOFA start date next winter to give the industry time to properly implement the changes. In its submission to the Parliamentary Joint Committee (PJC), the Association of Superannuation ... |
| | | | The Australian market is set to open significantly higher as world markets surged on a move by six central banks to boost liquidity for banks weighed down by downgraded government debt. European markets rose by over three per cent and Wall Street is ... |
| | | | Standard & Poor's has downgraded the ratings of major US banks, including Goldman Sachs, Wells Fargo, Citigroup, JPMorgan Chase, Morgan Stanley and Bank of America, by one notch. The ratings agency said it reviewed its ratings on 37 of the world's largest ... |
| | | | Australian super funds and offshore pension investors are circling around direct real estate as they evolve towards creating their own portfolio, according to AMP's head property fund manager. Chris Judd, AMP's head of property funds management, said ... |
| | | | Shaune Egan, Stuart McGregor and Joachim Lumbroso are rejoining their former AXA colleague, MLC's current Retirement Solutions general manager, Andrew Barnett, at MLC. Joining the Retirement Solutions team of ten people, Egan has been appointed MLC ... |
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