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Market Wrap

AAP  |  WEDNESDAY, 6 MAR 2013
... The euro eased, however, to $1.3017 from $1.3024 late on Monday in New York. HONG KONG - Asian markets climbed following a big sell-off in the previous session, with Shanghai leading the rebound as China's annual parliamentary gathering kicked off. Traders ...

Market Wrap

AAP  |  TUESDAY, 5 MAR 2013
... moves to tighten its property market. "It reflects the significant increase in volatility in the last couple of weeks with two big selling days: one yesterday and another on February 21," he told AAP. "But it's bouncing relatively strongly as well as ...

Lost super deadline closes in

ALEX DUNNIN  |  TUESDAY, 5 MAR 2013
... want that money transferred to. "Being able to find and transfer lost and ATO-held super money online using SuperSeeker is a big time-saver and importantly, people can do this in a secure environment". Lendon said consumers can minimise the chances of ...

China's turn to provide buy opportunities

BENJAMIN ONG  |  TUESDAY, 5 MAR 2013
... accommodative... We are far from having an exit in mind". Soon these "whatever it takes" central bankers will be joined by another big central bank - the BOJ. In his parliament confirmation hearing, BOJ governor nominee Haruhiko Kuroda announced that ...

Market wrap - morning

AAP  |  TUESDAY, 5 MAR 2013
The Australian market looks set to open higher after falling sharply on Monday dragged down by the resourses sector and following mixed results on international bourses. At 0630 AEDT on Tuesday, the March share price index futures contract was up 31 ...

Vanguard cuts costs on intl equities ETF

MARK SMITH  |  MONDAY, 4 MAR 2013
... product and marketing, Robyn Laidlaw said passing on cost savings to investors was a targeted strategy. "This represents a big difference between Vanguard and some competitors in the investment management industry because low costs are not a marketing ...

The virtuous cycle is back in play

BENJAMIN ONG  |  MONDAY, 4 MAR 2013
... may just let it run. But what about those dire forecasts? It'll be hard for me to argue with the IMF and the CBO and their big mean forecasting machines but let's see. Eighty five bil divided over seven months equals just a bit over US$12 bil monthly ...

Wall Street up till it was down

BENJAMIN ONG  |  FRIDAY, 1 MAR 2013
This is absurd, I thought to myself when I woke up and saw Wall Street on the up and up, punctuated by headlines such as: "Dow Average Approaches Record After GDP, Jobless Claims" (Bloomberg) "Wall Street edges higher, Dow and S&P records a hurdle" ...

Austpac launches mortgage income fund

ALEX DUNNIN  |  THURSDAY, 28 FEB 2013
... Investments managing director, said launching the fund was timed to coincide with the lowering of offshore funding costs for the Big Four Banks that will eventually lead to a lowering of deposit rates. "With that in mind, we believe that now is the perfect ...

Guardian Advice unveils mentoring and equity partnership program

LAURA MILLAN  |  THURSDAY, 28 FEB 2013
Boutique advice network Guardian Advice seeks to attract young advisers and help them start their professional career through a mentoring program and an equity partnership that will be announced within the next eight weeks. Guardian advisers' average ...