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Industry pleads for greater professionalism

KATE HAGE  |  THURSDAY, 3 AUG 2006
The wealth management industry is in transition and now is the time to strive for greater professionalism, said industry identities at the opening session of the IFSA annual conference yesterday. In a panel session which neatly delved into the issues ...

Market Wrap

AAP  |  THURSDAY, 3 AUG 2006
Sydney - the share market is expected to open stronger, after a solid lead from Wall Street. On the Sydney Futures Exchange at 0741 AEST, the September share price index contract was up 37 points at 4,940. Today the National Australia Bank second quarter ...

CommInsure rolls out sweeping upgrades - free of charge

HAMISH MADDEN  |  WEDNESDAY, 2 AUG 2006
CommInsure yesterday set about breaking away from its peers with significant - and free - product upgrades, citing a commitment to further strategic change. Introducing the "Perfect Mix" round of upgrades to a room of financial advisers, Jeffrey Scott ...

Market wrap

AAP  |  WEDNESDAY, 2 AUG 2006
The share market is expected to open weaker, after a negative lead from the Wall Street. On the Sydney Futures Exchange at 0720 AEST, the September share price index contract was down 20 points at 4,949. Today the Reserve Bank of Australia (RBA) announces ...

BMW torques up home lending offering

AAP  |  TUESDAY, 1 AUG 2006
The financial arm of German car giant BMW is moving into the home mortgage market in Australia. BMW Financial Services said yesterday it would offer four home lending options to its car buyers. "The BMW mortgage is a high performance product that can ...

Future Fund keeps capital deployment close to its chest

KATE HAGE  |  TUESDAY, 1 AUG 2006
Trade with China and commodities are still the mainstays of the Australian economy, said Future Fund chairman, David Murray, at a Fidelity Investments forum yesterday, while speculating that it could be a year or more before Future Fund capital is deployed. ...

Market wrap

AAP  |  TUESDAY, 1 AUG 2006
The share market is expected to open weaker, after a negative lead from Wall Street. On the Sydney Futures Exchange at 0741 AEST, the September share price index contract was down 13 points at 4,958. Today the Reserve Bank of Australia holds its monthly ...

Market wrap

AAP  |  THURSDAY, 27 JUL 2006
The share market is expected to open slightly lower in line with US markets and weaker base metals prices. On the Sydney Futures Exchange at 0746 AEST, the September share price index contract was down four points at 4,910. Today, Adelaide Bank and ...

Macq merges hedge funds to form $1bn MQ

HAMISH MADDEN  |  WEDNESDAY, 26 JUL 2006
Macquarie Bank's Equity Markets Group has announced that it is combining its separate hedge fund businesses under the name MQ Specialist Investment Management (MQ) to form a combined $1 billion heavy hitter. Greg Mackay, the head of newly formed MQ ...

Market wrap

AAP  |  WEDNESDAY, 26 JUL 2006
The share market is expected to open higher, helped by a positive lead from Wall Street and higher commodities prices. On the Sydney Futures Exchange, the September share price index contract was up 28 points at 4,988 at 0749 AEST. The Australian Bureau ...