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| | | ... Michael Heffernan said the Australian market had opened in the black after strong leads from European markets. "It's a pretty buoyant opening," he said. "What struck me, apart from the New York Stock exchange closing because of the storm, was that Europe ... |
| | | | ... said, "While the research may reveal that 'Banxiety' is more common amongst the younger generation, luckily, there are some pretty quick and easy cures." The bank is hoping that the rise in mobile and app-based banking will help alleviate the problem ... |
| | | | ... recent Reserve Bank of Australia (RBA) cash rate cut which had offset mixed overseas leads. "The local market has held up pretty well considering the recent volatility in the US market in particular," he said. "I think it's still a reaction to the cut ... |
| | | | ... there are large internal teams. "We have access to a very wide range of investment managers globally, those insights are pretty hard to replicate with an internal team," he said. |
| | | | ... Heffernan said the falls on the Australian market were unsurprising given the drops in European markets on Friday. "It's pretty much as expected given the lacklustre situation in Europe and that commodity prices were down," he said. "It's not too bad ... |
| | | | ... that." He also said the cost of deposits was increasing. "We've actually been able to manage both sides of the balance sheet pretty well in what's been a very tough and competitive market," he said. The company shed 100 management roles about four weeks ... |
| | | | ... overseas markets. "Resources are a tad better as we had a bit of a rise in iron ore prices overnight but generally it's a pretty quiet opening," he said. US stocks closed little changed after a solid rally sparked by surprisingly good data on weekly ... |
| | | | ... notional pick-up in demand. "Commodity prices, notably on iron ore and coal are a barometer on China and should provide a pretty good reading on what's going on," says Davies. Over the short-term, Davies expects to see a mild decline in the Australian ... |
| | | | ... key German court decision on the constitutional validity of Berlin's participation in the euro zone bailout fund. "It's pretty choppy trade at the moment," he said. "I think our call for the market is for a nothing sort of day." A German court on Wednesday ... |
| | | | ... is no cross subsidisation within member accounts. "Given most SMSFs are only single member or two members it means that pretty much every member's balance is being audited every year. "So, you could argue that because of the annual audit requirement ... |
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