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| | | ... not-for-profit super funds are partnering with brokers such as Lonsec Fiscal because, unlike super funds administered by the major banks, they lack the infrastructure to offer these services direct. Clarke said that services such as research, model portfolios ... |
| | | | ... Australian shares are firmer as buoyant global equity markets boost resource stocks and investors rediscover their love of banks. The resource giants BHP Billiton and Rio Tinto are outperforming the overall market, despite a drop in base metal prices ... |
| | | | ... inconsistent information from listed operating companies," Abernathy said. "Meanwhile the large institutions and investment banks constantly receive privileged information either overtly or covertly from many major companies. This information may flow ... |
| | | | ... low of 2.5 per cent. Australia's third-largest bank by market capitalisation, Westpac, has continued last week's trend of banks breaking earnings records with a $7.1 billion full year profit. However, traders were not impressed with its rate of growth ... |
| | | | ... manufacturing purchasing management index (PMI) data at midday AEDT will also be closely watched in Australia. Locally, the banks are mixed. National Australia Bank was up nine cents to $35.40 following Thursday's punishment despite a record profit and ... |
| | | | ... pay and conditions agreement for employees, but said NAB's initial offer was "mean and disappointing." "One of our biggest banks, riding high on a wave of success, came to the bargaining table with one of the meanest pay offers finance workers have ever ... |
| | | | ... David Jones its first quarter sales. In Australia, the market on Thursday closed slightly lower with falls by most major banks but gains among industrial stocks. The benchmark S&P/ASX200 index was down 5.4 points, or 0.1 per cent, at 5,425.5. The broader ... |
| | | | ... down. "That language certainly saw risk trade come off a bit and some money get back into the US dollar," he said. Locally, banks and resources stocks are down, while more defensive healthcare and utilities are up. National Australia Bank posted a nine ... |
| | | | ... that will probably make today a little less volatile than we've seen in the past few days," he said. Among the big four banks, ANZ was up 22 cents at $33.85 a day after announcing a record $6.5 billion profit, Commonwealth Bank was 45 cents higher at ... |
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