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| | | The Australian stock market looks set to open higher, following strong gains on Wall Street overnight. At 0655 AEST on Wednesday, the June share price index futures contract was up 47 points at 5,574. US stocks were up 0.6 per cent, ending a two-day ... |
| | | | ... position. Westpac will reduce its stake in the funds management business from its current 59% to between 31% and 40%. "The sale allows the group to release a part of the investment in BTIM, increasing our capital ratios, while still maintaining a significant ... |
| | | | ... CSCri income stream. An option that allows current members to restart their CSCri account with additional money (eg, from the sale of an investment property, an inheritance or other windfall, or from other superannuation savings) has also been introd ... |
| | | | The Australian market looks set to open slightly lower after US and European markets fell on Friday amid fears over a Greek debt default. The June share price index futures contract was down six points at 5,528. On Friday, US and European stocks fell ... |
| | | | A shake-up of Westpac's leadership team and new institutional sales head at Bennelong are the biggest moves this week. Westpac restructure sees senior exec depart - Group executive of retail and business banking, Jason Yetton, is leaving the bank as ... |
| | | | The Australian market looks set for a flat open as gains on Wall Street were offset by falls in commodity prices. At 0658 AEST on Friday, the June share price index futures contract was down six points at 5,549. Wall Street stocks were up after a solid ... |
| | | | IOOF's sale of Perennial Growth and Perennial Fixed Income to Henderson would make the business more attractive to potential buyers, Beulah Capital managing director Christian Ryan said. Ryan manages the Takeover Target Portfolio, a strategy that invests ... |
| | | | ... concessional tax rate to incomes above $180,000 from the current $300,000; and easing pension eligibility restrictions linked to sale of the family home. President of the Actuaries Institute, Estelle Pearson, said now is the time to act and fix Australia's ... |
| | | | Challenger-owned multi-boutique Fidante Partners has appointed a new national sales manager. Trent Fitzgerald joins Fidante from Rubik Financial where he was head of sales. He has also held positions at Advance Asset Management and St George Bank. Commenting ... |
| | | | ... futures contract was up three points at 5,465. Wall Street stocks finished little-changed as a the General Electric asset sale offset worries about spiking US Treasury bond yields. Locally on Wednesday, the Westpac/Melbourne Institute Survey of Consumer ... |
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