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| | | ... the acquisitions of Di Bella Coffee and Gloria Jeans Coffee. In Australia, the market on Friday fell, dragged lower by the big banks and miners, while internet provider TPG Telecom shone due to its $1.4 billion takeover deal with iiNet. The benchmark ... |
| | | | ... gains. "We've probably seen a lot of the business that occurred in the US overnight already in our markets," she said. The two big miners, Rio Tinto and BHP Billiton, opened in the red despite a small lift in prices for base metals and iron ore, while ... |
| | | | Superannuation industry stakeholders are most concerned about "increasing government tinkering and regulation," a survey by the Australian Institute of Superannuation Trustees (AIST) and BNP Paribas revealed. "Over 40% of respondents think regulatory ... |
| | | | ... 52.7 points, or 0.91 per cent, at 5,816.0. NEW YORK - Wall Street stocks have snapped a two-day losing streak, surging after big US banks cleared Federal Reserve stress tests and the dollar retreated from a 12-year high. The Dow Jones Industrial Average ... |
| | | | ... "We're in a bit of a holding pattern at the moment. You've got to be an aggressive stock picker to find the real value." The big four local banks were all higher, with Commonwealth Bank up 27 cents at $90.79, Westpac gaining 12 cents to $37.62, ANZ lifting ... |
| | | | ... address at the Brisbane Club. "It's not what the superannuation system is designed to achieve. Housing affordability is a big issue in Australia but as we've demonstrated over many studies over many years, this is a supply side problem." Speaking about ... |
| | | | Weak commodity prices and big losses on Wall Street have dragged the Australian share market lower. Fears of a US rate rise in June have hurt the US and Australian equity markets and a stronger US dollar is weakening commodity prices, CMC Markets chief ... |
| | | | ... services, with nearly a quarter of HNWIs in the survey indicating fees as another major barrier. "High fees are definitely another big concern," added Guiamatsia. From Hamilton's perspective, planners should also prominently incorporate risk advice into ... |
| | | | ... portfolios," MyPlanner managing director Philippa Sheehan said. "This process has demonstrated that we don't need to solely rely on big brand fund managers because there are many boutique Australian-based managers who can construct and manage robust ... |
| | | | ... strengthened the US dollar. That was a negative for commodity prices, which are set in US dollar, and consequently weighed on the big miners. With the Australian dollar falling in value against the greenback, the pressure is off the Reserve Bank of Australia ... |
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