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| | | Australia's favourable terms of trade metrics is finally counting for something as the balance on goods and services numbers improved by $525 million in March. According to the ABS, in seasonally adjusted terms the deficit on the balance improved by ... |
| | | | Strong total returns, highest level of income and low volatility - direct property fits the bill and has beaten all other major asset classes in fattening investors' bottom lines in the last 20 years, new research shows. According to the Australian ... |
| | | | The Australian stock market is expected to open lower on the back of a negative finish on Wall Street overnight. At 0700 AEST, on the Sydney Futures exchange, the June share price index was down ten points at 5,723. In economic news today, the Reserve ... |
| | | | ING Group has acquired admin services giant Citistreet, owned by Citi and State Street, for a whopping $960 million in cash. Established in 2000, Citistreet was previously half owned each by Citigroup and State Street Corporation. The business provides ... |
| | | | The economy continues to send mixed signals with the latest retail trade figures showing that despite confidence falling and concerns over credit rising we are yet to slow down our spending. According to the ABS, the trend estimate of retail turnover ... |
| | | | Australians are more concerned about other people finding out their credit card or debit card details than the threat of terrorism, a reversal of the trend post September 11, according to a new study. The Unisys Security Index measures the level of ... |
| | | | In down markets retail investors need to remember dollar-cost averaging and work with advisers and managers who can find them opportunities. Brian Thomas, head of retail funds management at Perennial Investment Partners, said, "Whilst we hear lots of ... |
| | | | State Street Corporation has promoted the firm's 32 year veteran, Jay Hooley, to president and chief operation officer. Hooley, 51, joined State Street in 1986 and led the firm's US Mutual Fund sales division before joining State Street's shareholder ... |
| | | | The Senior Australian Equity Release Association of Lenders (SEQUAL) is distancing itself from Money for Living, stating the business was not involved in promoting and selling reverse mortgages. On Monday, the Australian Securities and Investments Commission ... |
| | | | The US dollar slipped today after the Federal Reserve announced it cut a key interest rate by a quarter-point, a move that investors had anticipated. Markets had also expected the Fed to signal a pause in its rate-cutting campaign to combat the growing ... |
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