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Showing 5331 - 5340 of 9319 results for "Red"

Market Wrap PM

AAP  |  TUESDAY, 12 MAY 2015
The Australian stock market has bounced back after five consecutive days of falls, helped by gains in banking and mining shares. CMC Markets chief market strategist Michael McCarthy said the market is doing surprisingly well. "We have seen iron ore ...

Age Pension under the spotlight in tonight's budget

LAURA MILLAN  |  TUESDAY, 12 MAY 2015
The 2015 Budget is expected to focus largely on Age Pension reforms that will likely require changes in the approach that the superannuation industry, financial advisers and professional investors take to design retirement strategies. Prior to the release ...

Dear mom, all's good

BENJAMIN ONG  |  MONDAY, 11 MAY 2015
Happy Mother's Day! Mothers everywhere must still be bathing in the afterglow of the public (and private) displays of affection showered upon them over the one day of the year especially dedicated to mommies. Mama Mia! The sharp rebound in financial ...

Market Wrap AM

AAP  |  FRIDAY, 8 MAY 2015
The Australian market looks set to open a touch lower, as gains on Wall Street offset losses in the local market on Thursday. At 0648 AEST on Friday, the June share price index futures contract was down two points at 5,615. US stocks have pushed higher ...

Morrison protects homes from Age Pension means test

DARREN SNYDER  |  THURSDAY, 7 MAY 2015
Federal Social Services Minister Scott Morrison has confirmed that the family home will never be included in the Age Pension means test under a Coalition government. At the same time, a raft of pension reforms potentially saving $2.4 billion in the ...

NAB appoints new chair

ALEX BURKE  |  THURSDAY, 7 MAY 2015
NAB has appointed Ken Henry AC as its new chairman. Henry will succeed Michael Chaney AO, who will retire at the bank's annual general meeting in December. Henry has been on NAB's board since November 2011. Previously he was Secretary of the Commonwealth ...

RBA cuts as expected, A$ does the unexpected

BENJAMIN ONG  |  WEDNESDAY, 6 MAY 2015
Can't win 'em all. After getting wrong-footed three for three, expert guessers finally got their RBA rate cut calls correctly - the Australian central bank gave in and delivered a 25 basis point reduction, taking the official cash rate to a new record ...

Fulcrum launches multi-asset inflation plus fund

MARK SMITH  |  TUESDAY, 5 MAY 2015
London-based Fulcrum Asset Management has launched a global multi-asset fund for local investors. The Fulcrum Diversified Absolute Return Fund is based on the existing Fulcrum Diversified Absolute Return strategy, which was launched in the UK in 2008. ...

Robo advice questions still unanswered

DARREN SNYDER  |  TUESDAY, 5 MAY 2015
Venture capitalists, among others, are investing heavily into financial robo advice models yet industry heads say many questions remain unanswered. At a recent Association of Superannuation Funds of Australia (ASFA) forum, Mercer Innovation Hub leader ...

Advice industry faces insurance quandary

ALEX BURKE  |  MONDAY, 4 MAY 2015
The advice industry is divided over how to fund an insurance scheme to compensate clients who receive bad advice. A rise in professional indemnity premiums is only compounding the problem. Senators Nick Xenophon and Sam Dastyari proposed a statutory ...