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| | | Corporate watchdog ASIC has banned a financial planner for five years after he tricked his clients with shonky advice which included arranging margin loans for them, it said today. ASIC said Ian John Weaver of Clear Island Waters, Queensland, broke ... |
| | | | Australian shares made up some ground in morning trade but remain lower at noon due to substantial falls in materials stocks due to lower commodity prices. At 1200 AEST, the benchmark S&P/ASX200 index was down 7.4 points, or 0.16 per cent, at 4,746.3 ... |
| | | | Looks like the commodity and equity markets put up a big 'SALE sign last night. Commodities of nearly all persuasions dropped with a thud and so did Wall Street along with other markets in North and Latin America and most of Europe. Do I have permission ... |
| | | | The Australian share market was flat at noon after the materials sector received a boost in late morning trade. At 1200 AEST, the benchmark S&P/ASX200 index was up 0.8 points, or 0.2 per cent, at 4740.9 points, while the broader All Ordinaries index ... |
| | | | On the last trading day of April, I opened my daily piece with: "... this is investors' last day to decide whether or not to "sell in May and go away"." And concluded that, "... it might be prudent to bag some of those profits and go away in May. Just ... |
| | | | The Australian market is expected to open lower on Thursday following strongly negative leads from overseas markets overnight. On the ASX 24 at 0731 AEST, the June share price index futures contract was 22 points lower at 4,703. In economics news on ... |
| | | | Bennelong Funds Management has joined forces with former UBS portfolio managers John Campbell and Jeremy Bendeich to launch an Australian small caps fund. Campbell and Bendeich, who have been on gardening leave since departing the UBS Small Companies ... |
| | | | Incentives for super fund members to top-up their contributions have systematically failed, leaving the only viable solution for improving retirement income standards being an increase in compulsory contributions, said the Association of Super Funds ... |
| | | | Direct share ownership is continuing to rise and it's driving investors out of managed funds, reveals new figures from the latest ASX Share Ownership Survey. The survey found there are 5 million Australians who directly own shares, 2 million more than ... |
| | | | There really must be something in that age-old adage, "sell in May then go away". It's still early days of course, but if the first two May trading days on Wall Street is any guide, investors might be packing up for the entire month. Nothing's really ... |
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