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Market Wrap

AAP  |  FRIDAY, 12 JUL 2013
The Australian market has opened higher after the Dow Jones Industrial Average and S&P 500 surged to record highs overnight. The local market continued to rally on Friday morning after three days of gains, opening around half a per cent higher. This ...

Coalition signals super policy changes

ALEX DUNNIN  |  FRIDAY, 12 JUL 2013
The coalition has signalled that if it wins the 2013 federal election it will institute major reforms regarding how super funds appoint trustees while expecting funds to speed up how they pass on scale fee benefits. Paul Fletcher the federal member ...

Market Wrap AM

AAP  |  FRIDAY, 12 JUL 2013
The Australian market looks set to open higher after the Dow Jones Industrial Average and S&P 500 vaulted to new records following Federal Reserve chairman Ben Bernanke's pledge to maintain the central bank's easy-money policy for the foreseeable future. ...

Adjusting for adjustments

BENJAMIN ONG  |  THURSDAY, 11 JUL 2013
After all the build up, the anticipation and the suspense, Wall Street had only a minute reaction to the FOMC minutes. The Dow was down a little and the S&P 500 up a bit for there was hardly anything new to inspire that animal spirit in you, I and Irene ...

Market Wrap AM

AAP  |  THURSDAY, 11 JUL 2013
The Australian market looks set to open lower after mixed results on Wall Street following the release of the Federal Reserve's policy meeting minutes that signalled the central bank aims to unwind its stimulus measures earlier than thought. At 0820 ...

Market Wrap AM

AAP  |  TUESDAY, 9 JUL 2013
The Australian market looks set to open higher following gains on Wall Street and European bourses as investors took a new look at upbeat US jobs data and looked forward to the kickoff America's earnings season. At 0805 AEST on Tuesday, the September ...

Terminally ill woman questions superannuation early release laws

JAMES FERNYHOUGH  |  MONDAY, 8 JUL 2013
A Queensland woman diagnosed with terminal cancer has said she will have to sell her home after she found that she could not access her superannuation. Last week the Fraser Coast Chronicle reported that 40-year-old mother Donna Penny had been given ...

Market Wrap

AAP  |  MONDAY, 8 JUL 2013
The Australian share market is starting the week flat, as weakness in commodity prices and mining stocks offsets gains in other sectors. US stocks rose about one per cent after better-than-expected labour force data on Friday showed more jobs were created ...

Financial planners opt for software homogeneity

JAMES FERNYHOUGH  |  FRIDAY, 5 JUL 2013
The financial planning software market is looking more and more like a one-horse race, according to research by Investment Trends. In its May 2013 Planner Technology Report, Investment Trends found that IRESS's platform XPLAN has increased its market ...

Market Wrap AM

AAP  |  FRIDAY, 5 JUL 2013
The Australian market looks set to open higher following gains on most European markets after the eurozone and British central banks signalled that stimulus measures would continue for some time and ahead of official US employment figures for June. ...