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| | | ... annual general meetings scheduled. In Australia, the market on Thursday finished higher, driven by strong gains among the big banks. The nation's biggest bank, Commonwealth, surged to a record high as the bank reporting season approaches. The benchmark ... |
| | | | Stronger, stronger, slowly getting stronger. Worldwide focus has been on the Fed and Washington over the past few months but that seems to have distracted some observers from seeing the positive developments across the Atlantic; though methinks Europe ... |
| | | | ... year," Mr Shamu said. "That's more than enough to see the market extend this little rally." The major miners, gold stocks and big banks led the local bourse higher. In the resources sector at 1024 AEDT, global miner BHP Billiton was 50 cents higher at ... |
| | | | The Australian market looks set to open higher following gains on international markets as investors interpret US jobs figures as meaning the Federal Reserve will continue its stimulus measures. At 0817 AEDT on Wednesday, the December share price index ... |
| | | | AustralianSuper has taken $1bn off IFM Investors and has given the mandate to its in-house team to test its efficiency. "We will see how they go," AustralianSuper chief investment officer Mark Delaney told Financial Standard. "We want to see how they ... |
| | | | ... that the phenomenal growth of the superannuation "pie" means there will be plenty to go around. "These funds are getting so big, you'll still be getting 70 or 80% of that pie. It's going to be more competitive, but there's plenty of money if you're a ... |
| | | | Challenger has reported a 31% boost in its life annuities sales over the last 12 months, suggesting a burgeoning demand for annuities in Australia's as-yet-underdeveloped annuities market. Challenger's life annuities sales for the September quarter ... |
| | | | ... cents to $5.38. Woolworths was 85 cents, or 2.5 per cent, higher at $34.81 while Telstra was one cent higher at $5.04. The big four banks were all stronger, with Westpac up 35 cents to $34.35, ANZ 26 cents higher to $32.12, National Australia Bank climbing ... |
| | | | The Australian market looks set to open higher following strong gains on Wall Street that took the S&P 500 to a new all-time high and gave the Nasdaq a 1.3 per cent gain. At 0805 AEDT on Monday, the December share price index futures contract was up ... |
| | | | A former director of Trio Capital, Kurt Groeneveld has provided the prudential regulator with an enforceable undertaking excluding him from acting as a superannuation trustee for three and a half years. The Australian Prudential Regulation Authority ... |
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