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Planners need to shape up: Corbett

MICHAEL HOBBS  |  FRIDAY, 30 NOV 2007
People view the financial planning industry with cynicism because advisers aren't proficient and the level of disclosure surrounding advice fees is inconsistent across the industry, Roger Corbett, company director and former chief executive of Woolworths ...

Market Wrap - Morning

AAP  |  FRIDAY, 30 NOV 2007
The Australian share market is expected to open higher, according to the futures index, however, base metals are mixed and Wall Street has been flat overnight. At 0700 AEDT on the Sydney Futures Exchange, the December share price index was up 23 points ...

BT float sold out

Westpac closed its shareholder offer of shares in BT Investment Management Limited yesterday, ahead of the December 3 closing date, after receiving "strong support" from its shareholders. Applications received by the share registry before November 28 ...

ANZ bank looks to India

MICHAEL HOBBS  |  WEDNESDAY, 28 NOV 2007
As competition in Australian banking continues to intensify, ANZ bank is adopting new technologies in India to lead the pack, according to Mike Smith, ANZ's chief executive. Speaking at the Trans-Tasman Business Circle yesterday, Smith said in terms ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 28 NOV 2007
The Australian share market is expected to open lower with stock index futures in the red, however, the United States is pointing the way higher after Citigroup Inc got a $US7.5 billion ($A8.6 billion) capital injection from Abu Dhabi, adding to confidence ...

Market wrap - midday

AAP  |  TUESDAY, 27 NOV 2007
The Australian dollar was weaker at lunchtime today, with risk aversion plaguing the unit and the continued unwinding of carry trades. At 1200 AEDT, the Australian dollar was trading at $US0.8723/26, down from yesterday's close of 0.8833/36. During ...

Securitised assets get RAMmed

WWW.THESHEET.COM  |  TUESDAY, 27 NOV 2007
Just as RAMS Home Loans Group chairman announced the home lender was no longer a going concern, the Australian Bureau of Statistics (ABS) has released new figures confirming that securitised asset levels in Australia are contracting on the back of the ...

Market Wrap - Morning

AAP  |  TUESDAY, 27 NOV 2007
The Australian share market is expected to open lower after financial stocks fell in New York amid rising investor concern about mortgage defaults and lower consumer spending during the holiday shopping season. At 0740 AEDT on the Sydney Futures Exchange ...

Market Wrap - Morning

AAP  |  MONDAY, 26 NOV 2007
The Australian share market is expected to open higher on firmer commodity prices and a positive lead from Wall St. At 0730 AEDT on the Sydney Futures Exchange, the December share price index was up 86 points at 6440. Today, ABB Grain Ltd annual results ...

Market Wrap - Midday

AAP  |  FRIDAY, 23 NOV 2007
The Australian share market was little changed at noon amid subdued trading, with Wall Street closed for the Thanksgiving holiday and investors sitting on the fence ahead of tomorrow's federal election. At 1200 AEDT, the benchmark S&P/ASX200 index was ...