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Showing 331 - 340 of 370 results for "US Government"

Market Wrap - Midday

AAP  |  MONDAY, 8 SEP 2008
The Australian stock market was higher at noon, led by the financial sector after news that the US government would take over troubled mortgage institutions Freddie Mac and Fannie Mae. At 1200 AEST, the benchmark S&P/ASX200 had added 187 points, or ...

The saga continues

BENJAMIN ONG  |  WEDNESDAY, 20 AUG 2008
... negative news on the financial sector. Shares of Fannie Mae and Freddie Mac tumbled overnight on speculation that the US government will need to bailout these companies. These concerns were fanned by Freddie Mac's US$3 billion 3-year debt auction, which ...

Market Wrap - Midday

AAP  |  TUESDAY, 19 AUG 2008
... were affecting the local market heavily. Every stock in the Dow had fallen last night after news emerged that the US government might have to bail out mortgage-finance giants Fannie Mae and Freddie Mac. "I really believe we've got value in our market," ...

More worries for US financials

BENJAMIN ONG  |  TUESDAY, 19 AUG 2008
... 20 percent last night on the back of an article in Barron magazine stated that it is increasingly likely that the US government will bail out these government sponsored entities (GSEs) because they are likely to fail to raise needed capital. The article ...

Market Wrap - Morning

AAP  |  THURSDAY, 14 AUG 2008
... the broader All Ordinaries fell 94.4 points to 4,995.9. NEW YORK - Wall Street receded again on Wednesday after a US Government report on retail sales and a jump in oil prices raised concerns on whether consumer spending could generate economic growth. ...

Fix contributions, then worry about fees: Keating

ALEX DUNNIN  |  WEDNESDAY, 6 AUG 2008
Getting super contributions up to 15 per cent and pushing retirees to income streams is more important than fixing fees and administrative efficiencies, said superannuation's political architect and former Prime Minister, Paul Keating. "You can fluff ...

Market Wrap - Morning

AAP  |  TUESDAY, 15 JUL 2008
... HSBC. The Hang Seng Index dropped 170.09 points to 22,014.46 WELLINGTON - NZ stocks fell over one per cent as the US government tried to calm markets over new troubles in the mortgage market. The NZSX-50 index dropped 41.44 points to 3080.10.

The fight over how to fight inflation

ALEX DUNNIN  |  WEDNESDAY, 21 MAY 2008
People arguing that Australia should relax its inflation targets are peculiar and misguided, argues Ken Henry, secretary of the Commonwealth Treasury. Henry's comments, in a speech he gave yesterday to a forum of Australian Business Economists in Sydney ...

Attack tax with tact

ALEX DUNNIN  |  THURSDAY, 1 MAY 2008
One of the major recommendations that came out of the recent 2020 Summit was for a "root and branch" review of tax system even though we all know this is just code for Prime Minister Rudd wanting to increase, not lower, the tax take. Case in point is ...

Govt to cut 'lost super' red tape

MICHAEL HOBBS  |  MONDAY, 7 APR 2008
Federal minister for superannuation and corporate law, Nick Sherry, has announced plans to reduce the hassle behind finding lost super accounts by rationalising the register. Sherry said lost super accounts represented roughly one in five of all superannuation ...