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Market wrap - midday

AAP  |  TUESDAY, 5 JUN 2007
The Australian share market remained lower at noon, after yesterday's record run and higher Wall Street trade overnight. At 1232 AEST, the benchmark S&P/ASX200 Index was down 4.4 points to 6388.3, while the all ordinaries was points 3.3 points lower ...

'Tis the season to be philanthropic

CHRIS NICHOLLS  |  TUESDAY, 5 JUN 2007
You can tell tax time is on the horizon when two new charitable giving products and one philanthropy workshop appear in the space of 48 hours. Goldman Sachs JBWere yesterday launched their Charitable Endowment Fund (CEF), allowing investors to donate ...

Market wrap - morning

AAP  |  TUESDAY, 5 JUN 2007
The Australian share market is expected to open flat today after a strong performance on Wall Street and a sharp fall of stocks in China. At 0804 AEST, on the Sydney Futures Exchange, the June share price index was down a point to 6407. Today, the Australian ...

Market wrap - midday

AAP  |  FRIDAY, 1 JUN 2007
The Australian share market continued its positive run from yesterday, following Wall Street's bluechips' record high and mostly higher commodity prices overnight. At 1013 AEST, the benchmark S&P/ASX200 index was ahead 16.2 points to 6,329.7. The all ...

Caught in the Web 2.0

Fund managers and financial planners should start using social computing tools such as wikis and blogs to engage investors and retain staff, said technology expert and Longhaus' managing director, Peter Carr. Speaking at the Rainmaker Marketing Symposium ...

Boomers can be choosers

Investment product design expert Paul Resnik has urged financial planners to abandon traditional methods of providing financial advice if they want to establish a meaningful relationship with their clients. Speaking at the Rainmaker Marketing Symposium ...

B&B, Primelife form largest retirement fund

CHRIS NICHOLLS  |  THURSDAY, 31 MAY 2007
Primelife, Australia's largest retirement village provider, yesterday announced a joint venture with Babcock and Brown to create Australia's largest listed senior living specialist fund - Babcock & Brown Communities Group (BBC). Under the terms of the ...

Market wrap - morning

AAP  |  WEDNESDAY, 30 MAY 2007
The Australian market is expected to open lower, shrugging off a positive US lead and mixed commodity prices. On the Sydney futures exchange, the June share price index was down five points at 6320. Today, the Australian Bureau of Statistics releases ...

Market wrap - midday

AAP  |  TUESDAY, 29 MAY 2007
The Australian share market opened stronger with the major miners, along with a mixed bag of stocks, pushing shares higher overall. With the most of the world's major markets closed overnight for public holidays, the market overall was quiet while waiting ...

Australian Capital Reserve collapses

HAMISH MADDEN  |  TUESDAY, 29 MAY 2007
Property investment vehicle Australian Capital Reserve (ACR) has entered into voluntary administration, sparking a potential collapse which could destroy $300 million of investor funds. ACR, part of the Estate Property Group (EPG), raised $300 million ...