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| | | ... were that only one fund, LUCRF, intends to offer its own FHSA; seven funds are considering offering a 'badged' FHSA by a bank (probably Members Equity) and four intend to offer a FHSA through co-operation with another fund. But compared to the 12 super ... |
| | | | ... cents to $45.94 while takeover target Rio Tinto added $2.16 to $141.11. The big banks were mixed with National Australia Bank gaining 19 cents to $32.30 and Westpac rising 43 cents to $22.62. But ANZ lost two cents to $21.40 and Commonwealth Bank edging ... |
| | | | The Australian share market may open higher after US stocks gained overnight on a stronger-than-expected durable manufactured goods report. Declines in all industrial metals prices may weigh on resource stocks, however. At 0701 AEST on the Sydney Futures ... |
| | | | ... A bigger worry for superannuation savers however is the potential impact of rising inflation, particularly if the Reserve Bank was to take seriously suggestions they should relax their inflation target zone, warned Dr Shane Oliver, chief economist and ... |
| | | | The Australian share market is expected to open higher after US stocks gained overnight. Declines in commodity prices including gold and oil may weigh on resource stocks, however. At 0741 AEST on the Sydney Futures exchange, the June share price index ... |
| | | | JPMorgan Australia is using its sponsorship of the long-running musical, The Phantom of the Opera, to heighten awareness of the JP Morgan brand in New Zealand. "We received our registered banking licence late last year [in New Zealand] and we have someone ... |
| | | | The amount of securitised assets recovered slightly in the March quarter to reach $264 billion but the bounce back masks bigger problems confronting the sector. Securitised assets during March increased 1.4 per cent however compared to the 4.5 per cent ... |
| | | | ... enhanced as the increased scale and integration of operations will drive further investment in our back office processes. "Each bank's customers will also benefit from greater diversity and choice of products from both organisations," Kelly said. |
| | | | ... Composite Index was down 19.91 points, or 0.81 per cent, at 2,444.67. LONDON - The UK stock market was closed for the Spring Bank Holiday. It will reopen on Tuesday. On Friday, Britain's leading stock index slid 1.53 per cent to end its worst week since ... |
| | | | Credit Suisse has appointed Stephen Giubin as the new head of the group's local Asset Management operations and promoted Gailie McIntyre to deputy head. The duo succeeds Keith Ince, the former chief of Portfolio Partners, who joined the company in June ... |
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