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Showing 5011 - 5020 of 5919 results for "March 22"

Sub-prime chewing up financials

SUZY MAC  |  THURSDAY, 8 NOV 2007
While the sub-prime mortgage monster continues gnawing away at financial stocks, oil is boiling towards $100 a barrel and China is snatching wads of its foreign cash reserves away from the green back. The US financial sector is still suffering a sub-prime-mauling ...

Market wrap - midday

AAP  |  WEDNESDAY, 7 NOV 2007
Australian shares continued to trade in the black at noon, following a strong lead from the US overnight as oil prices rose to a record high of more than $US97 a barrel and gold hit a 27-year high. At 1201 AEST, the benchmark S&P/ASX200 index was 55.3 ...

Mortgage stress hits record levels

More than 100,000 households are at risk of defaulting on their mortgages or selling their property within the next six months following today's interest rate rise. Fujitsu Consulting has updated its Mortgage Stress-O-Meter, which monitors the ability ...

Pass the paracetamol

SUZY MAC  |  WEDNESDAY, 7 NOV 2007
As nabCapital's Robert Henderson puts it, "those post-Melbourne Cup day hang-overs are about to get a lot worse for mortgage holders", and there is still a good chance of more interest rate headaches over Christmas. The Reserve Bank of Australia in ...

Super switchers fall

CHRIS NICHOLLS  |  MONDAY, 5 NOV 2007
The number of investors switching funds has continued to decline, with only 3.7 per cent of investors switching in the March quarter and only 3.3 per cent in the June quarter, according to a new Roy Morgan report. The report stated while December showed ...

Funding costs trim Suncorp banking profit

WWW.THESHEET.COM  |  THURSDAY, 1 NOV 2007
Suncorp Metway managing director John Mulcahy told the annual meeting yesterday it expected the credit crunch to trim between $10 million and $15 million from the "bottom line full-year result" of the group's banking business, though Suncorp did not ...

ASIC releases guide for unlisted debentures

CHRIS NICHOLLS  |  THURSDAY, 1 NOV 2007
ASIC has released its regulatory guide for unlisted debentures, following its industry consultation process in August. The initial August draft followed the collapse of Westpoint and Fincorp this year, which left investors with losses in the tens of ...

Asset finance companies lose lending share

WWW.THESHEET.COM  |  MONDAY, 22 OCT 2007
Finance companies are losing market share in their biggest market segment, business lending, as the banks make an aggressive push for more SME and middle market business. According to KPMG's 2006/07 survey of finance companies, released yesterday, finance ...

Shut up and drive

SUZY MAC  |  MONDAY, 22 OCT 2007
Consumer demand has driven motor vehicle sales comfortably above the million mark, but while cars are cheaper consumers still feel that petrol prices are taking them for a ride. In spite of this, on the latest vehicle sales data, petrol guzzling SUV's ...

Mercer opens new TAP

CHRIS NICHOLLS  |  THURSDAY, 18 OCT 2007
Mercer Wealth Solutions has launched a new transition to retirement allocated pension, offering investors a range of advice and education extras on top of their regular investment services. The product will offer 34 investment options across several ...