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Negative gearing property distortions here to stay

ALEX DUNNIN  |  WEDNESDAY, 18 APR 2012
First home buyers are already being squeezed out of the market by investors and, as residential investment becomes attractive to self-managed super funds, fears are growing the squeeze will get even tighter. John McGrath, a real estate and investment ...

In it to win it

BENJAMIN ONG  |  WEDNESDAY, 18 APR 2012
I can almost see the smile on the faces and the jingle in the pockets of those who kept the faith, who didn't jump at shadows and bought what the worrywarts were peddling instead. They've been vindicated once again. For last night, Wall Street rebounded ...

Dip buyers buy the dip

BENJAMIN ONG  |  TUESDAY, 17 APR 2012
The Gremlins are coming back to haunt. Or so it'll seem as you read reports reporting that, once again, we're doomed. Yes Virginia, you'll be scared off your pants to know that the S&P 500 index posted its biggest weekly loss in 2012. It fell an earth-shattering ...

Market Wrap - Morning

AAP  |  TUESDAY, 17 APR 2012
The Australian market looks set to open higher, despite a mixed lead from Wall Street as investors weigh better-than-expected US retail sales numbers, a sharp slowdown in New York manufacturing and renewed eurozone debt tensions. At 0750 AEST on Tuesday ...

Market Wrap - Morning

AAP  |  MONDAY, 16 APR 2012
The Australian market is set to open lower after global stock markets dropped on concerns that Spain and Italy may be the next countries to succumb to the eurozone debt crisis. At 0753 AEST on Monday, the June share price index futures contract was ...

Market Wrap - Midday

AAP  |  FRIDAY, 13 APR 2012
The Australian dollar has consolidated an overnight rise based on strong jobs data. At 1200 AEST, the local currency was 104.05, up from 103.91 on Thursday afternoon. CMC Markets foreign exchange dealer Tim Waterer said better-than-expected labour force ...

Best friends forever

BENJAMIN ONG  |  FRIDAY, 13 APR 2012
Don't you just love it when a plan goes according to plan? Wall Street remained on rebound mode while we were sleeping and so were most equity markets from New York to Rio and old London town. The S&P 500 and the Dow each jumped by 1.4% overnight in ...

Market Wrap - Morning

AAP  |  FRIDAY, 13 APR 2012
The Australian market is set to open higher after stocks on Wall Street posted large gains on a surge in lending in China and a rise in eurozone industrial production. At 0802 AEST on Friday, the June share price index futures contract was up 27 points ...

Market Wrap - Morning

AAP  |  THURSDAY, 12 APR 2012
The Australian market looks set to open lower following Wall Streets lead amid concerns over the upcoming US reporting season, slower growth and the fear of a Spain-driven return to crisis in Europe. At 0645 AEST on Wednesday, the June share price index ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 11 APR 2012
The Australian dollar has dropped on concerns about Chinese growth coupled with renewed fears for the euro zone. At 0700 AEST on Wednesday, the Australian dollar was trading at 102.50 US cents, down from 103.03 cents on Tuesday. Bank of New Zealand ...