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| | | ... investors. "It's the big bazooka carrying the market at the moment," Mr Heffernan said. "If you've got resources and the banks going up, that's got to be real powerful ammunition for the market." The banks may be benefiting from expectations the Reserve ... |
| | | | Industry Super Australia (ISA) has denounced banks offering employers incentives to "bundle" super with business banking and insurance services. In some cases, ISA's statement said, these incentives have included discounts on insurance products and ... |
| | | | ... down 24 cents at $33.32 and Fortescue fell one cent to $2.47, while Rio Tinto clawed back 46 cents to $64.16. The major banks were all in negative territory. National Australia Bank was 25 cents lower at $37.37, ANZ fell 16 cents to $35.00, Westpac fell ... |
| | | | The share market is weaker a day after hitting a fresh seven-year high, with the banks and miners in the red. Investor profit taking was the most likely reason for the market's retreat on Thursday, Phillip Capital senior client adviser Michael Heffernan ... |
| | | | ... lifting its full year income five per cent and co-chief executive Peter Lowy cancelled plans to step down. Among the major banks, National Australia Bank was 17 cents higher at $37.75, Westpac fell three cents to $37.94, ANZ put on eight cents at $35.37 ... |
| | | | Australia's biggest banks are struggling to access their customers' wealth management business, according to the latest Roy Morgan Consumer Single Source Survey. The survey showed that all four banks have had difficulty cross-selling wealth management ... |
| | | | ... because markets have already yielded to the prospect that US interest rates are set to rise this year and that other central banks have already made preparations for the eventuality. This is indicated by the expanding number of central banks announcing ... |
| | | | ... Tinto up 45 cents at $64.20 and Fortescue Metals one cent lower at $2.44. Most other sectors were higher, including the banks, with Commonwealth Bank up 52 cents at $90.73, National Australia Bank up 26 cents at $37.74, ANZ up 24.5 cents at $35.055 ... |
| | | | ... being rationally reacted to. There's more information out there but the volatility of markets has not changed." With central banks having become more predictable and information becoming more readily available, volatility should go down. According to ... |
| | | | ... making up some of the ground it lost on Wednesday after its disappointing half year report, adding 19 cents to $6.04. The banks had fallen since a positive start to trade, with ANZ down 15 cents at $34.98, National Australia Bank down nine cents at $37.67 ... |
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