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| | | ... and that is good news for Asia," Mowll said. Emerging market economies benefit from a lot of growth when demand from the West is high for goods that they can export. Mowll added that investors who believe that Australian companies offer them adequate ... |
| | | | Westpac's batten-down-the-hatches approach balance sheet management means it's better suited than its rivals to weather future financial storms. The bank is just emerging from a period of consolidation. Jobs have been cut and efficiencies made but the ... |
| | | | The Australian stock market has opened mixed, with Westpac among the big early movers after reporting a fall in full year net profit. At 1025 AEDT on Monday, the benchmark S&P/ASX200 index was down 5.8 points, or 0.13 per cent, at 4,454.3 points, while ... |
| | | | Westpac's full-year statutory net profit has fallen 15% to $5.97 billion owing to a one-off tax benefit last year. The tax gain is related to the bank's takeover of St George, which pushed last year's profit artificially higher and made this year's ... |
| | | | Insurance sales and adviser growth show strong business momentum, despite cash earnings being down on last year, said Westpac-owned BT Financial Group. Life insurance sales were up 30%, compared with 14% for the market in 2012, it said after announcing ... |
| | | | The Australian market looks set to open flat after Wall Street fell following stronger-than-expected jobs figures and as caution grew ahead of the presidential election. At 0700 AEDT on Monday, the December share price index futures contract was down ... |
| | | | The Australian share market has opened lower as investors consider the impact of the massive storm in the United States on the world economy. At 1036 AEDT on Thursday, the benchmark S&P/ASX200 index was down 33.4 points, or 0.74 per cent, at 4,483.6 ... |
| | | | The Australian market opened higher following surging European markets and higher commodity prices. At 1022 AEDT on Wednesday, the benchmark S&P/ASX200 index was up 12.1 points, or 0.27 per cent, at 4,497.8 points, while the broader All Ordinaries index ... |
| | | | The Australian market has opened marginally higher amid quiet trading with Wall Street closed because of Hurricane Sandy. At 1030 AEDT on Tuesday, the benchmark S&P/ASX200 index was up 2.8 points, or 0.06 per cent, at 4,479.7 points, while the broader ... |
| | | | The size of the dividends shareholders have become used to from Australia's big-four banks may face further pressure amid a weaker economy and further exposure to bad debt, according to Five Oceans Asset Management's Chris Selth. Strong yields have ... |
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