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| | | The Treasurer has named Dr Philip Lowe as the new deputy governor of the Reserve Bank of Australia (RBA). Lowe will take up the role on a seven year term from next February, succeeding Ric Battellino who is retiring from the RBA after 39 years. "I would ... |
| | | | Australia has been ranked as having the best prepared retirement savings system followed by Sweden, Denmark, New Zealand and the Netherlands, according to Allianz Global Investors. The Allianz Global Investors Pension Sustainability Index (PSI) measures ... |
| | | | The Fed has spoken and financial markets thought they liked what they heard. To be sure, to be sure, the 1.5% rebound on Wall Street overnight - and an almost equivalent bounce in Europe - is as welcome as welcome could be. Anything that could break ... |
| | | | Boutique equities manager Private Portfolio Managers has appointed investment management and research specialist Ian Hardy to its portfolio management team. Hardy comes from Centric Portfolio Managers, the individually managed accounts (IMA) arm of ... |
| | | | ... recognise the sale and performance fee that may arise on the sale of properties held by schemes managed by Opus as revenue except to the extent that a particular fee relates to an asset that has been sold, and Opus will use an amortised cost of the sale ... |
| | | | ... uncertain about Australian banks' exposure to the eurozone debt crisis. All the major retail banks had shed value by noon except Commonwealth Bank, which gained 28 cents to $47.74. Westpac fell five cents to $21.58, ANZ lost 10 cents to $20.98, while ... |
| | | | The short-list for Finsia's Pinnacle Awards has been announced, which includes most outstanding industry contribution, most outstanding young professional and most outstanding future leader. A panel of senior Financial Services Institute of Australasia ... |
| | | | Prime Super has landed part of a 40.1% acquisition in a Mexican gas project through its asset consultant, Access Capital Advisers, the second such investment from the super fund. Prime Super has an investment in Chile in gas distribution, which will ... |
| | | | ... Mr Elgar said he did not expect the market to close more than two per cent lower on Tuesday. All sectors had lost ground except telecom stocks, which rose 0.06 per cent, led by Telstra which, Mr Elgar said, investors saw as a defensive stock in volatile ... |
| | | | ... falls in share prices are down to levels where there is value being recognised," he said. All sectors fell at the open except telecom stocks, which rose 0.35 per cent, led by Telstra. The telco's shares gained two cents to $3.06. Gold rose two per cent ... |
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