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| | | Minister for superannuation and corporate law, Senator Nick Sherry has called on new shadow treasurer Joe Hockey to drop the Liberal Party's "dangerous, uncosted and job-killing mess" of a superannuation policy. Prior to Hockey's appointment, the Opposition ... |
| | | | ... higher at 3,365. In economic news, Treasury secretary Dr Ken Henry will deliver a keynote dinner speech in Sydney on Monday night on Australian Business Tax Reform in Retrospect and Prospect. First half results are due from Fairfax Media Ltd, BlueScope ... |
| | | | ... 3,363 on a volume of 9,057 contracts. "We do have financial stocks down after a pretty poor session on Wall Street last night," CMC Markets market analyst David Taylor said. A lack of detailed information in the US government's economic stimulus package ... |
| | | | ... Senior client adviser Bill Bishop said the market had weathered the US lead well. "Considering what happened in America last night, I think we've done alright," Mr Bishop said. "It made for riveting television. "The market looked on, thought it wasn't ... |
| | | | ... depressing the big four banks and miners to weigh down the local market broadly. "The Dow was jumping all over the place last night and ended up closing down, so no particularly strong leads for us today," he said. "The mining sector as a whole has been ... |
| | | | ... doing the same here." Mr Sebastian said the resources sector was buoying the market after base metals prices rose on Friday night, with copper gaining 6.5 per cent. Mining giant BHP Billiton had surged $1.25, or 3.88 per cent, to $33.48 at 1203 AEDT ... |
| | | | ... Whew! Finally a bit of good news. Or rather investors chose to see the good rather than the bad. US equities closed last night's trading up more than 1 per cent, reversing early losses brought on by reports that initial jobless benefit claims jumped ... |
| | | | ... guaranteed investment options. "In times like these most investors are looking for something that will help them sleep better at night and the Perennial Protected Cash Trust is just that kind of investment," he said. The trust is available on Pursuit ... |
| | | | ... mega-multinationals investment companies, small businesses and ordinary workers have not escaped the deep freeze. I will spare you last night's news out of North America, Europe and Asia. They are more of the same. Gloom and Doom - more job losses, more ... |
| | | | ... week and we had to see profit-taking coming in sooner rather than later," Mr Potter said. "That's what we saw overseas last night, triggered by news of the worsening economic situation in the US. "It's pretty much expected. "And base metals fell three ... |
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