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| | | Pensioner living costs are up 4.5% for the past 12 months, compared to regular inflation for the general population which is up only 3.6% over the same period. The Australian Bureau of Statistics June 2011 Pensioner and Beneficiary Living Cost Index ... |
| | | | And so here we are ladies and gents. Very much unsure of where financial markets are gonna go. In times like these, it becomes so easy to get swept up by the mood of the mob. Someone shouts "sell" and everybody rush to the exits - never mind why, we ... |
| | | | The Australian Securities and Investments Commission warned that contracts-for-difference were high-risk products as it released new disclosure benchmarks for providers today. Greg Medcraft, ASIC chairman, told a press conference in Sydney that there ... |
| | | | ANZ financial planners will have the option to use a new funding facility from ANZ to expand their businesses or refinance their existing practices, as part of the group's broader recruitment and succession strategy. Just launched, the ANZ Practice ... |
| | | | Crash on rumours one day, rally on flimsy excuse the next. That's Wall Street for you these days - or more accurately, the past two days. After rallying on the Fed's announcement that it will keep the fed funds rate at between 0-0.25% till the middle ... |
| | | | The Australian market looks ready to open strongly today, following rebounds in Europe and on Wall Street on more positive data overnight, but against a background of extreme volatility. At 0656 AEST on the ASX 24, the September share price index futures ... |
| | | | Australian shares opened lower after a negative lead from Wall Street, and on renewed concerns about eurozone debt. At 1015 AEST on Thursday, the benchmark S&P/ASX200 index was down 66.8 points, or 1.61 per cent, at 4074.5 points, while the broader ... |
| | | | "I started a joke, which started the whole world crying..." -Bee Gees Just when the Fed appeared to have quieted things down, someone screamed, 'boo'. And in the current jittery state the financial markets are in - investors will shoot first and ask ... |
| | | | The Australian stock market looks set for another day of declines, after European and US stocks dropped sharply again overnight. At 0725 AEST on the ASX 24, the September share price index futures contract was 99 points lower at 3,995. In economics ... |
| | | | ... in the next 10 years," he said. US equities rose overnight with Wall Street posting 4% gains after Federal Reserve chairman Ben Bernanke said the Fed would keep US interest rates at "exceptionally low levels" for at least the next two years. In a statement ... |
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