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| | | The Australian market has received a strong lead from Wall Street, although precious metals were down. Copper and oil both were up, however. At 0808 AEDT on the Sydney Futures Exchange, the March SPI futures index was 70 points HIGHER at 3,385. In economic ... |
| | | | Direct asset management firm, nabInvest has hired former Ascalon Capital Managers chief executive Nick Basile as investment director. Basile has more than 20 years investment management experience, previously working as general manager of investments ... |
| | | | The growth of SMSFs is holding steady amid the market downturn, according to the SMSF Professionals' Association of Australia (SPAA). SPAA chief executive Andrea Slattery, said the number of SMSFs established has remained constant between 2,500 to 3,000 ... |
| | | | Just less than a year ago, households, businesses and financial markets were bracing for crude oil at US$200 a barrel. And in July 2008, this fear threatened to become a reality when crude oil prices topped US$147.27 a barrel in the international markets. ... |
| | | | The Australian sharemarket was over four per cent lower at noon following heavy losses in the banking sector. At 1200 AEDT, the benchmark S&P/ASX200 index was down 177.4 points, or 4.32 per cent, at 3,930.4 while the broader All Ordinaries index dropped ... |
| | | | Mercer's investment arm is tapping into the commodities sector with a $35 million investment mandate in H3's Global Commodities program. H3's commodity program returned more than 13 per cent over a one year period to September against the Dow Jones ... |
| | | | The Australian Tax Office (ATO) is issuing more than 3,000 self managed super fund (SMSF) trustees with new tax file numbers and reviewing its security measures after it lost a CD containing highly sensitive trustee information. The tax file numbers ... |
| | | | The Australian share market is expected to open in negative territory today as US Stocks fell in late trading. At 0752 AEDT, the December Share Price Index futures contract on the Sydney Futures Exchange was down 126 points at 4,211. In economic news ... |
| | | | The Australian share market is expected to open significantly lower after US stocks slumped overnight as economic reports there showed the economy is headed for a recession, if not there already. At 0753 AEDT, the December Share Price Index futures ... |
| | | | The bloodbath continues. The Federal Reserve's US$85 billion bailout of American Insurance Group (AIG) proved insufficient to calm the financial market panic that appears to be increasing by the day. The overnight sell-off saw more than three years' ... |
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