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Fresh directions for super: ASFA

RUTH LIEW  |  FRIDAY, 15 FEB 2008
The current share market turbulence has been hailed a "positive" way to kickstart the year for the superannuation industry, as the Association of Superannuation Funds Australia (ASFA) forges onward with new goals and agenda for 2008. Speaking at the ...

Market Wrap - Morning

AAP  |  FRIDAY, 15 FEB 2008
The Australian stock market is expected to open lower on a negative lead from Wall Street. This morning on the Sydney Futures Exchange at 0650 AEDT, the March share price index contract was down 74 points at 5,592 on a volume of 1,083 contracts. Today ...

Market Wrap - Midday

AAP  |  THURSDAY, 14 FEB 2008
The Australian stock market was higher at noon as investors snapped up stocks that were sold off heavily yesterday, and showed strong interest in the major miners following Rio Tinto's record underlying profit. "There's a bit of renewed enthusiasm for ...

Fraudulent advisers caught

RUTH LIEW  |  THURSDAY, 14 FEB 2008
Two Sydney men have been charged and found guilty by the Australian Securities and Investment Commissions (ASIC) for a combined 11 charges of fraud and delivering false financial advice. The two so called "advisers", Tunde Doja from Sydney and Mohammad ...

Market Wrap - Morning

AAP  |  THURSDAY, 14 FEB 2008
The Australian sharemarket is expected to open higher today, taking a positive lead from the US overnight. At 0800 AEDT on the Sydney Futures Exchange, the March share price index futures contract was up 55 points to 5,608, on a volume of 5612 contracts. ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 13 FEB 2008
The Australian market is expected to open higher following a strong lead from Wall Street and generally higher base metals prices in London. At 0704 AEDT on the Sydney Futures Exchange, the March share price index futures contract was UP 82 points to ...

Market Wrap - Midday

AAP  |  TUESDAY, 12 FEB 2008
The Australian stock market was marginally in the black at noon on the back of a positive US lead and a stronger oil price overnight. At 1202 AEDT, the benchmark S&P/ASX200 was 0.6 of a point higher at 5,538.2, while the broader All Ordinaries was up ...

Market Wrap - Morning

AAP  |  TUESDAY, 12 FEB 2008
The Australian market is expected to open slightly higher this morning, on a generally positive lead from Wall Street and a mixed performance from base metals in London overnight. At 0703 AEDT on the Sydney Futures Exchange, the March share price index ...

Market Wrap - Midday

AAP  |  FRIDAY, 8 FEB 2008
The Australian stock market was in the black at noon on the back of a positive lead from Wall Street, after bargain hunting pushed US stocks up overnight. At 1200 AEDT, the benchmark S&P/ASX200 was 56.5 points higher at 5,653.2, while the broader All ...

Even Macquarie has to pay for funding

WWW.THESHEET.COM  |  THURSDAY, 7 FEB 2008
Macquarie Group chief financial officer Greg Ward reported yesterday that the group has been paying between 15 and 30 basis points more for funding since the credit market liquidity crisis hit in July. The group has had a strong flow of retail deposits ...