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Lo-doc lending headaches

Are lo-doc loans too high maintenance? While the Big Four banks have all jumped on the lo-doc bandwagon, consulting firm Deloitte said other finance groups are starting to question the business model behind non-conforming loans. Lo-doc loans or non-conforming ...

Small caps can keep on delivering: Pengana

HAMISH MADDEN  |  TUESDAY, 11 JUL 2006
Pengana's Emerging Companies Fund has delivered another quarter of outperformance, despite a decline in the benchmark and not being leveraged to the resources growth story, and the group sees no reason for that performance to fall off any time soon. ...

Market wrap

AAP  |  FRIDAY, 7 JUL 2006
The stock market is expected to open higher after a bounce on Wall Street and other overseas markets overnight. On the Sydney Futures Exchange, the September share price index contract was up 20 points to 5129 at 0801 AEST. Today, mining explorer Mutiny ...

Life insurance industry no more

ALEX DUNNIN  |  FRIDAY, 30 JUN 2006
Insurance companies received $35.8 billion in premiums in 2005, but despite a surging market this is still down 2 per cent for the year. Figures just released by the Australian Prudential Regulatory Authority (APRA) show an industry under continued ...

Daily economic update

BENJAMIN ONG  |  WEDNESDAY, 21 JUN 2006
US housing data released overnight has all but assured another Fed rate hike after its 28-29 June Federal Open Market Committee (FOMC) meeting. However, weak forward housing indicators put in doubt speculation for a further rate increase immediately ...

Weekly economic round-up

BENJAMIN ONG  |  MONDAY, 19 JUN 2006
The wild gyration that has characterised financial market trading activity since mid-May continued to make its presence felt last week. Trading in stock and commodity markets remained highly volatile with prices swinging wildly. Anxious investors sold ...

Active managing pays during market correction: Mercer

The latest figures from Mercer Investment Consulting suggest that active managing does pay with many fund managers standing their ground against the market correction in May. Mercer has just released their latest survey on the returns of fund managers ...

Daily economic update

BENJAMIN ONG  |  THURSDAY, 15 JUN 2006
Last night's bigger than expected increase in US core consumer prices virtually sealed a 25 basis point interest rate hike at the 29 June Federal Open Market Committee meeting. US core consumer price inflation rose by 0.3 per cent in May - the third ...

Market wrap

AAP  |  THURSDAY, 15 JUN 2006
The Australian share market is expected to open slightly firmer as a positive lead from the US and a mild recovery in commodity prices creates enough momentum for the domestic bourse to push back into the black. On the Sydney Futures Exchange the June ...

Market wrap

AAP  |  TUESDAY, 13 JUN 2006
The Australian share market is expected to open weaker as softer overseas markets set a negative tone for the local bourse. The domestic market was closed yesterday for the Queen's Birthday public holiday but is expected to reopen and follow the softer ...