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| | | REST Superannuation has announced that it has officially changed its name to REST Industry Super. The name change of Australia's largest industry super fund by membership, with 1.9 million members, is designed to highlight the super funds industry expertise ... |
| | | | ... new portfolio manager within its Australian Fixed Income team. Former Senior Credit Analyst at Societe General in London, Ben Squire has joined UBS as the new head of credit research for Asia Pacific and will be responsible for credit research and issue ... |
| | | | The Australian share market was firmly in the red at noon as resources stocks fell following a drop in commodity prices and a weak lead from Wall Street. At 1202 AEST, the benchmark S&P/ASX200 index was down 71.2 points, or 1.49 per cent, at 4,709 points ... |
| | | | Rising inflation. Sagging earnings. Sliding oil price. They were the culprits! They sucker punched Wall Street down to its knees while we were sleeping. No Virginia, not again. Don't tell me that just days after the "no one can deny" good news brought ... |
| | | | The Australian market is expected to open lower on Thursday, following heavy falls on Wall Street overnight in both commodities prices and equities. On the ASX 24 at 0718 AEST, the June share price index futures contract was 56 points lower at 4,729. ... |
| | | | Extended relief for compulsory pension fund draw-downs, encouragement for super funds to invest in infrastructure and a reiteration of the promise to increase the super guarantee to 12 per cent were functions of a budget that commentators labeled bland. ... |
| | | | ... federal budget was having little effect, apart from taking away some of the uncertainty leading up to it, IG Market analyst Ben Potter said. US shares pushed higher on Tuesday after Microsoft's $8.5 billion deal to buy Skype gave a strong bump to tech ... |
| | | | Investments on behalf of minors may now be cut short after the federal budget has shut down minor access to the Low Income Tax Offset (LITO). As part of the budget, minors, children under the age of 18, will no longer be able to access the LITO to reduce ... |
| | | | "We are on track for surplus in 2012-13, on time, as promised..." Pardon moi, but this to me is the only thing with a hint of significance in honourable Wayne Swan's - Australia's deputy PM and Treasurer - budget speech last night. It was a ho-hum Budget ... |
| | | | The Australian market is expected to open higher on Wednesday, following upbeat performances in markets broadly overnight. On the ASX 24 at 0659 AEST, the June share price index futures contract was 47 points higher at 4,766. In economics news, markets ... |
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