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Market Wrap - Morning

AAP  |  FRIDAY, 8 AUG 2008
The Australian stock market is expected to open lower today as recent US optimism ebbed and oil reversed its recent decline. At 0732 AEST, the September share price index futures contract on the Sydney Futures exchange was 58 points lower at 4,917. ...

Market Wrap - Midday

AAP  |  THURSDAY, 7 AUG 2008
The Australian stock market was up slightly at noon, weighed down by the banking sector. Wall Street pared early losses and ended slightly higher overnight as a drop in oil prices helped restrain fresh worries about the financial sector. At 1200 AEST ...

Govt policies block choice

MICHELLE BALTAZAR  |  THURSDAY, 7 AUG 2008
The Rudd Government's proposed policies on super and financial advice are potentially "anti-competitive" and won't go unchallenged, said shadow treasurer Malcolm Turnbull. Speaking at the IFSA conference yesterday, Turnbull said the Coalition will be ...

Carbon schemes full of hot air

MICHELLE BALTAZAR  |  THURSDAY, 7 AUG 2008
Anti-global warming schemes based on prescriptive emission targets and cross-country carbon trading are flawed and do not address long term climate change problems, said Reserve Bank director Warwick McKibbin. Speaking at the IFSA conference yesterday ...

Eyes on the labour market

BENJAMIN ONG  |  THURSDAY, 7 AUG 2008
The Australian Bureau of Statistics will release the Australian Labour Force report today. Market expectations centre on a meager 5K increase in jobs in July and the unemployment rate to rise to 4.3 percent. This forecast represents a softening from ...

Market Wrap - Morning

AAP  |  THURSDAY, 7 AUG 2008
The Australian stock market is expected to open relatively flat today, but may rise slightly after oil continued to slide. At 0750 AEST, the September share price index futures contract on the Sydney Futures exchange was 15 points higher at 4,986. Today's ...

Ashton in talks with BT and Macquarie

RUTH LIEW  |  WEDNESDAY, 6 AUG 2008
Fund of hedge funds manager Ashton Advisers is in negotiations with BT Financial Group and Macquarie to launch its two flagship funds into the retail market. Speaking at an advisor breakfast yesterday, Nick Raphaely, executive director of Ashton Advisors ...

Climate change opportunities, not just costs

ALEX DUNNIN  |  WEDNESDAY, 6 AUG 2008
Rather than focus exclusively on the costs of fighting climate change, businesses should also look for the commercial opportunities as the world shifts towards a lower carbon profile, said Senator Penny Wong, minister for climate change and water. Speaking ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 6 AUG 2008
The Australian stock market is expected to gain after US equities rose. Gold miners may decline after the precious metal fell overnight. At 0737 AEST on the Sydney Futures exchange, the September share price index futures contract was 88 points higher ...

RBA rate cut?

BENJAMIN ONG  |  TUESDAY, 5 AUG 2008
... that it could slump into a recession are exaggerated. In addition, inflation remains 1.5 percent above the RBA's upper limit. Yes, the RBA targets medium term inflation but who could be certain what inflation would be in the medium term? Inflation in ...