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Market Wrap - Morning

AAP  |  WEDNESDAY, 4 NOV 2009
The Australian sharemarket has received a mixed lead from Wall Street, with major indices lower, but precious and base metals, and oil, higher. At 0829 AEDT on the Sydney Futures Exchange, the December share price index contract was 12 points higher ...

HK investors win big on game show

COMPANY RELEASE  |  MONDAY, 19 OCT 2009
... Commission (SFC)'s Investment Triathlon, which has been running for three years, is run through the Hong Kong Economic Times newspaper. The quiz includes a set of practical investment related questions published on three consecutive Tuesdays. The second ...

Rejoice for rates have risen

BENJAMIN ONG  |  WEDNESDAY, 7 OCT 2009
... bottomline is: the US economy needs additional help. As would be expected every time interest rates are raised, websites and newspaper pages are again filled with calculations on how this would add X amount to the average mortgage. And they don't stop ...

Super fund exec pay under fire

MICHELLE BALTAZAR  |  WEDNESDAY, 30 SEP 2009
With shareholders in revolt about excessive remuneration pay of listed companies despite the market fallout, the focus is now on the remuneration pay of super fund executives, with WA Treasurer Troy Buswell reportedly attempting to block the chief exec ...

Of population growth and surpluses

BENJAMIN ONG  |  MONDAY, 21 SEP 2009
... happened? The GFC happened. Now Australians are worried about mortgaging their children's future. But even this has changed. Newspaper reports that the RBA will deliver a A$6 billion dividend to the government is welcome news as this would go a long ...

Veritate $1m payment not linked to Sunsuper investment

MICHELLE BALTAZAR, ALEX DUNNIN  |  MONDAY, 31 AUG 2009
... unnecessary distress and embarrassment brought by this matter," said Trinity chair Brett Heading. It was reported in a daily newspaper in July that a $1 million invoice - allegedly from Trinity and for services provided to "Sunsuper Investments" - was ...

Challenger to ramp up life and funds mgmt after mortgage sale

MICHELLE BALTAZAR  |  TUESDAY, 18 AUG 2009
... following the sale of its mortgage management division to NAB for $385 million. This morning NAB and Challenger confirmed newspaper reports that the bank will acquire Challenger's mortgage distribution and multi-brand lending businesses, along with around ...

Market Wrap - Morning

AAP  |  FRIDAY, 7 AUG 2009
The Australian sharemarket is expected to open lower on Friday, after US equities declined on a rise in people continuing to claim unemployment benefits and lacklustre sales figures from major retailers. Oil and metals also were lower. At 0714 AEST ...

QIC chair Rowe exits

MICHELLE BALTAZAR  |  FRIDAY, 31 JUL 2009
... mandate provided by a superannuation fund to Trinity. Enhance Corporate, which is part-owned by Rowe, was reported in a newspaper acknowledging that Trinity is a client but that it was not aware of the success fee given to the employee. Brindle and Leigh ...

Downturn presents brand opportunity

MICHAEL HOBBS  |  FRIDAY, 31 JUL 2009
Super funds have the power to restore public confidence in superannuation, which quickly eroded after the GFC, by investing more on their brands, said the marketing firm behind the successful 'Kevin 07'campaign. Marketing firm, Lawrence Creative Strategy ...