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Showing 14281 - 14290 of 17978 results for "Bank"

Market Wrap - Midday

AAP  |  THURSDAY, 10 JUL 2008
... stand." The major banks were weaker, with Westpac down 65 cents to $19.04, ANZ losing 58 cents to $18.22, National Australia Bank down 73 cents to $26.87, St George Bank off 64 cents to $25.25 and Commonwealth Bank of Australia lost $1.32 cents or 3.18 ...

Boost savings and cut interest rates

ALEX DUNNIN  |  THURSDAY, 10 JUL 2008
... thought to be addressable through lifting compulsory superannuation contributions levels, previous research by the Reserve Bank has suggested that up to 40 per cent of such savings would most likely have been saved anyway, though this supports IFSA economy-wide ...

New ombudsman service welcomed

MICHAEL HOBBS  |  THURSDAY, 10 JUL 2008
... organisation will increase accessibility to dispute resolution for consumers." Meanwhile, Ahmed Fahour, National Australia Bank (NAB) executive director and Australian chief executive, said NAB supported the new Financial Ombudsman Service and welcomed ...

Market Movers (10 July)

BENJAMIN ONG  |  THURSDAY, 10 JUL 2008
The Australian Bureau of Statistics (ABS) will release June Labour Force data at 11:30 AM today. Labour market surveys released earlier this week point to continuing weakness on the jobs front. The ANZ job ads survey released last Monday showed the ...

Market Wrap - Morning

AAP  |  THURSDAY, 10 JUL 2008
... also dropped, after Fitch Ratings put its long-term credit default rating on watch for a possible downgrade. With dismal bank and lender earnings expected in the coming weeks, investors were unable to keep buying a day after stocks, including financials ...

Swedish pension lessons for Australia

ALEX DUNNIN  |  WEDNESDAY, 9 JUL 2008
Senator Nick Sherry, minister for superannuation and corporate law, has suggested Australia look to Sweden's nationalised pension system for a model of how to operate a low-cost superannuation system. But is this the right comparison? The centrally ...

Barclays emits carbon trading ETN

MICHAEL HOBBS  |  WEDNESDAY, 9 JUL 2008
Barclays Bank PLC launched the iPath Global Carbon Exchange Traded Note (ETN) on the NYSE Arca stock exchange to provide investors with exposure to greenhouse gas emission trading schemes. The iPath ETN is linked to Barclay's Capital Global Carbon Index ...

Market Wrap - Midday

AAP  |  WEDNESDAY, 9 JUL 2008
... cents to $58.04, Santos decreased 37 cents to $18.43 and Oil Search lost 12 cents to $5.69. By 1211 AEST, National Australia Bank had gained 99 cents, or 3.76 per cent, to $27.34, ANZ added 44 cents, or 2.37 per cent, to $19.04, Westpac was up 32 cents ...

Market Movers Overnight: Bernanke's speech

BENJAMIN ONG  |  WEDNESDAY, 9 JUL 2008
... Forum in Arlington, Virginia, where he stressed that the Fed remains committed to financial stability and that the US Central Bank may extend non-bank primary dealers' privilege to borrow directly from the Fed until 2009. In his words, "We are currently ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 9 JUL 2008
... to open higher today after US equities gained as the oil price fell and the Federal Reserve chairman indicated the central bank was likely to extend emergency loans to investment firms. Mining and energy stocks may decline after oil and metals prices ...