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| | | ... chief executive Mark Steinert is scheduled to speak at an American Chamber of Commerce in Australia lunch in Sydney. No major equities news is expected. In Australia, the market on Wednesday fell for a second straight day, due to a drop by energy stocks ... |
| | | | The New South Wales government has said it will spend more than $60 billion on infrastructure over the next four years. The majority of this would take place after the next election, and would rely on continued income from the 'asset recycling program' ... |
| | | | Labor, the Greens and Industry Super Australia (ISA) strongly opposed amendments to the Future of Financial Advice (FoFA) legislation on the grounds that changes "seem designed to protect the profits of larger financial services companies." Both Labor ... |
| | | | ... news Westfield Retail Trust investors are expected to now support the $70 billion Westfield Group restructure. As for the major banks, the Commonwealth Bank had shed 29 cents to $81.31, Westpac was minus 12 cents to $34.18, National Australia Bank lost ... |
| | | | ... Super has kept State Street on as its custodian following a "comprehensive review of service providers." The decision is a major win for State Street as, with $31 billion in funds under management and 1.9 million members, REST is one of their biggest ... |
| | | | ... international trade outcomes. "Our business delegations are all about fostering business relationships that lead to this type of major investment, investments that go both ways, creating more jobs in both countries." |
| | | | ... selling) the dollar-A because they expect the Chinese economy to improve instead? The dollar-A, of course, would be the major beneficiary of a China lift. Have the "westerners" finally cottoned on that China is not a democracy - and so, its economy does ... |
| | | | ... expected to drift on Monday due to a lack of drivers, Lonsec senior client adviser Michael Heffernan said. "There was no major impulse for the market to go up today with overseas markets being very lacklustre over the weekend," he said. "Iron ore prices ... |
| | | | ... inflows to Australia." Makes plenty of sense 'eh Virginia? Australia's one of only 10 triple-A rated countries by (the three major credit raters) left in the planet and that it offers simply the best - better than all the rest - yield among 'em. But ... |
| | | | ... at CEDA event on India's economy in Adelaide. The Housing Industry Association issues its state and national outlook. No major equities news is expected. In Australia, the market on Friday closed at its lowest level in two months. The benchmark S&P/ASX200 ... |
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