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| | | The Fair Work Commission (FWC) has said it will halt its selection of MySuper funds as default funds under modern awards, after the full Federal Court found the expert panel was incorrectly constituted. In a statement released yesterday the president ... |
| | | | S&P 500 2000 here we come! It won't be long now. Yes Virginia, with the S&P 500 index less than 50 points away (or 2.5%) from the 2,000-point milestone it'll just a few more sleeps and it'll be there - my back of the envelope calculation show that the ... |
| | | | Take that... and that... and that! Yes, Virginia, the European Central Bank (ECB) didn't disappoint market expectations - heavens forbid if it did - and acted, giving it all it's got, except for the proverbial kitchen sink (this it reserves for later). ... |
| | | | Financial Index Wealth Accountants (Findex) is likely to acquire Crowe Horwath after it signed a process agreement to buy all of its shares. This would be Findex's second acquisition after it bought Centric Wealth in January 2013. The two organisations ... |
| | | | Push has now come to shove. Yes Virginia, freshly-released data on the state of inflation and unemployment may have just done it - that is, remove whatever doubts linger that Super Mario's coming back to save the eurozone. The European Central Bank ... |
| | | | ... May? The month when we're supposed to sell and go away is over but it appears that it's the sellers that went away instead. Yes, Virginia, May's closing stats show that most major equity markets from New York to Rio and old London town finished the month ... |
| | | | It's oh so bad that it's good. This, Virginia, is the conclusion one would reach if you put last night's assessments on Wall Street with that of the previous day... that is, if one could try to stop oneself from laughing at the spinmeisters. Wall Street ... |
| | | | Commonwealth Bank (CBA) has failed to address allegations by the Senate Economics Committee that it provided "sketchy" and insufficient information to the inquiry into the Australian Securities and Investments Commission (ASIC) in statement released ... |
| | | | AMP Capital's new fossil fuel screening criteria will have little direct impact on investments, resulting in just two divestments and the exclusion of only one extra ASX 200-listed Australian company from the 'investible universe'. Yesterday AMP Capital ... |
| | | | Move on folks, nothing to see here... go git! Trading activity on Wall Street while we slept was a big wide-opened yawn, but I can't help myself asking "what the fudge?" Just one day before, the financial media was abuzzed with rationales upon rationales ... |
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