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| | | ... cent fall in construction work for the March quarter. "It goes to the overall strength of the Australian economy." All of the big four retail banks were weaker, with Commonwealth Bank losing 53 cents at $68.07, NAB shedding 31 cents to $30.81, Westpac ... |
| | | | ... industrialised world for three-years running are the same number of years Julia and Wayne were in government. It would be baby, what a big surprise, if they don't milk this report to their advantage. But will Australia be top of the pops again next year? ... |
| | | | ... corporate networks, creating a diversified deposit balance sheet." The increase comes in spite of heavy competition from the Big Four. Donohue added that the bank had worked hard to build a reputation for consistent deposit rates and flexible terms. ... |
| | | | Retirement is set to become the biggest segment of the platform market, according to Rainmaker's latest set of superannuation funds under management (FUM) projections for 2012 to 2033. The personal platform market is currently the major battleground ... |
| | | | ... biggest falls among the majors. Heck, it's 3.8% weekly drop even surpassed the Nikkei's 3.5% slide. It's down alongside the big 4% and 3.7% falls in the equity markets of big budget deficits, high unemployment and recession economies of Italy and Spain ... |
| | | | ... prevailing there," he said. "People are happy to buy the dips." Locally, financial stocks were mixed, however, with ANZ the only big bank to open firmer. It had risen three cents to $28.16 by 1030 AEST. But, by 1040 AEST, all the banks were in the red ... |
| | | | Profits for Japanese companies are set to get higher despite the country already being in a bull market said Kerr Neilson, chief executive and founder of Platinum Asset Management. In an interview with Financial Standard, Neilson said the fund manager ... |
| | | | The Australian market looks set to open higher despite falls on major overseas markets following Federal Reserve chairman Ben Bernanke's testimony to congress and the release of the central bank's policy meeting minutes. At 0750 AEST on Friday, the ... |
| | | | ... banks among the worst hit. "It is looking a bit sad today," Mr Bishop said. "The financials have taken the brunt of it." The big four retail banks all had posted declines of more than one per cent by noon. ANZ had fallen 90 cents to $28.41, CBA was off ... |
| | | | ... our terminology - for things that others do not see," he said. "Large companies are well understood but you can't often find big arbitrages in them." Despite the fund's short-term underperformance, Neilson remains confident that Platinum can reverse ... |
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