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AUI tops $4b FUM

Australian Unity Investments (AUI) is reaping the benefits of its diversification strategy after it unveiled a record $4 billion in funds under management (FUM) at the company's annual general meeting (AGM) yesterday. "Overall we have almost doubled ...

Market wrap - morning

AAP  |  THURSDAY, 26 OCT 2006
The Australian sharemarket is expected to open higher after a stronger close on Wall Street, where the Dow Jones a record closing high. On the Sydney Futures Exchange at 0717 AEST, the December share price index contract was up 13 points at 5,358. Today ...

Market wrap - midday

AAP  |  WEDNESDAY, 25 OCT 2006
The Australian share market was higher at noon led by the resources sector despite a higher-than-expected increase in the latest consumer price index data, a key indicator of future interest rate moves. At 1200 AEST, the benchmark S&P/ASX200 index had ...

Daily economic round-up

PETER BELL  |  WEDNESDAY, 25 OCT 2006
The release by the ABS of national CPI data has shown that overall there was a 0.9 per cent increase during the third quarter, tallying to a 3.9 per cent annual rate. This suggests that the coming RBA meeting on 7 November will see the board under pressure ...

Market wrap - morning

AAP  |  WEDNESDAY, 25 OCT 2006
The Australian sharemarket is expected to open higher on a positive lead from from Wall Street. On the Sydney Futures Exchange at 0714 AEST, the December share price index contract was up 23 points at 5,331. On the economic front today, the latest consumer ...

Daily economic round-up

PETER BELL  |  TUESDAY, 24 OCT 2006
The economic impact of the Federal Government's baby bonus as well as improved employment conditions in Australia have helped improved the national birth rate, according to the latest data from the ABS. The national birth rate is the highest since 1995 ...

What savings problem?

Australians are saving more and spending less against rising fuel costs and other living expenses, according to a Commonwealth Bank survey released yesterday. The survey found that seven out of 10 Australians are topping up their savings accounts regularly ...

Market wrap - morning

AAP  |  TUESDAY, 24 OCT 2006
The Australian sharemarket is expected to open higher after a strong lead from Wall Street. On the Sydney Futures Exchange at 0721 AEST, the December share price index contract was up 20 points at 5,364. Today, BHP Billiton will release its first quarter ...

Market wrap - morning

AAP  |  THURSDAY, 19 OCT 2006
The Australian sharemarket is expected to open stronger following Wall Street's record high close overnight. On the Sydney Futures Exchange at 0745 AEST, the December share price index contract was 14 points higher at 5335. Today the Reserve Bank of ...

Market wrap - morning

AAP  |  WEDNESDAY, 18 OCT 2006
The Australian sharemarket is expected to open weaker following Wall Street's fall overnight. On the Sydney Futures Exchange at 0738 AEST, the December share price index contract was 20 points lower at 5266. Today the Australian Bureau of Statistics ...