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Weekly economic round-up

Last week's decision by the Reserve Bank of Australia (RBA) to keep official interest rates unchanged at 5.5 per cent presented no surprises. Expectations leading up to the RBA Board's first meeting this year rightly wagered that the Australian central ...

Market wrap

AAP  |  MONDAY, 13 FEB 2006
The Australian share market should open weaker as profit taking emerged again on commodity markets, opening the door for further losses in the local bourse. However, economic news and some earnings reports are likely to dominate investor thoughts today. ...

Daily economic update

Increasing optimism over the steady course of Australian monetary policy and improving affordability appears to be making positive inroads on the housing market. The Australian Bureau of Statistics (ABS) released data showing that the total value of ...

Ipac changes Pathways and creates new asset class

Not content with its previous asset allocation strategy, ipac has released its revamped Pathways portfolios, which now lends more weight to international property securities and includes the 'alternative income' asset class. The group has said that ...

Returns follow resources through the roof: SelectingSuper

Superannuation and allocated pension fund members' returns are following the buoyant path of resources stocks, clocking up a strong performance over the 31 December calendar year. According to the latest SelectingSuper performance index, members received ...

Daily economic update

Today's lower than expected increase in Australian employment gives credence to yesterday's decision by the Reserve Bank not to alter current monetary policy settings. The Australian labour market added a mere 1,800 jobs in January. Expectations were ...

Royal Bank of Scotland targets real estate finance in Oz

The Royal Bank of Scotland (RBS) has announced the establishment of a real estate finance division in Australia. The real estate finance division will be headed by Leon Reardon, a former global head of property finance for National Australia Bank. Reardon ...

Daily economic update

There was no surprise in the Reserve Bank of Australia's (RBA) decision to keep official interest rates unchanged at 5.5 per cent. Financial markets were certain that the RBA Board's first meeting for 2006 would not produce any movement in credit rates ...

Market wrap

AAP  |  WEDNESDAY, 8 FEB 2006
The Australian share market should open sharply lower this morning as heavy selling in commodities across the board could lead to some broad red strokes on the domestic bourse this morning. Oil, precious and base metal prices all tumbled on profit taking ...

Deck reshuffle at Challenger

Challenger Financial Services has announced senior management changes, including the imminent departure of Challenger Wealth Management's chief executive, Chris Cuffe, ahead of the group's half year results on 27 February. Challenger's managing director ...