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Market Wrap

AAP  |  THURSDAY, 29 NOV 2012
The Australian market is slightly higher after US politicians indicated they were willing to work together to ensure the economy didn't fall off the "fiscal cliff". At 1019 AEDT, the benchmark S&P/ASX200 index was up 0.8 points, or 0.02 per cent, at ...

Market wrap AM

AAP  |  THURSDAY, 29 NOV 2012
The Australian market looks set to open higher following Wall Street gains on optimism the looming "fiscal cliff" of automatic tax rises and spending cuts threatening the US with recession can be avoided. At 0643 AEDT on Thursday, the December share ...

Market wrap AM

AAP  |  WEDNESDAY, 28 NOV 2012
The Australian market looks set to open lower following falls on Wall Street after Greece secured a revised bailout deal that will help it again avert a default on its huge debt load. At 0631 AEDT on Wednesday, the December share price index futures ...

Market Wrap AM

AAP  |  TUESDAY, 27 NOV 2012
The Australian market looks set to open flat following a mixed performance on Wall Street and as markets await the outcome of a eurozone ministers meeting on a Greek bailout package. At 0644 AEDT on Tuesday, the December share price index futures contract ...

TAL crowned life company of the year

MARK SMITH  |  MONDAY, 26 NOV 2012
TAL has been named Life Company of the Year in CoreData's Annual Risk Report. The insurance giant scored highly on CoreData's three most important attributes - having a strong customer focus, competitive cover definitions and the ease of doing business ...

Future Fund to buy airport assets

BEN COLLINS  |  MONDAY, 26 NOV 2012
... Airport Capital. It also has 6.25% of the equity and all of the Class B preference shares in Statewide Roads Limited. The sale still needs the approval of AIX shareholders at an Extraordinary General Meeting planned for January next year. AIX independent ...

Giving thanks to thanksgiving

BENJAMIN ONG  |  MONDAY, 26 NOV 2012
Perhaps it's the drunken reverie that comes after stuffing too much stuffed turkey laced with cranberry sauce and downed with a bottle (or four) of cold Budweisers that turned Wall Street's mood into one of optimism last week. The S&P 500 index ended ...

New retail manager for Franklin Templeton

BEN COLLINS  |  FRIDAY, 23 NOV 2012
Franklin Templeton Investments has appointed Matthew Hattersley as Key Account manager, northern region, for its local retail business. Based in Sydney, Hattersley will have responsibility for national key accounts and dealer group relationships in ...

Market Wrap

AAP  |  THURSDAY, 22 NOV 2012
The Australian share market has broken back through the 4,400 point mark following a rise on Wall Street. At 1021 AEDT on Thursday, the benchmark S&P/ASX200 index was up 31.4 points, or 0.72 per cent, at 4,422.1 points, while the broader All Ordinaries ...

Understand borrowing laws warns ATO

BEN COLLINS  |  THURSDAY, 22 NOV 2012
... Quigley. "Some of these mistakes can't just be fixed. The only option is to unwind the arrangement which would mean the forced sale of assets at a bad time, with expensive stamp duty and tax consequences," Quigley said. He said that some arrangements ...