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Market Wrap AM

AAP  |  TUESDAY, 25 JUN 2013
The Australian market looks set to open lower following sharp falls on international markets amid concern over the emergence of a liquidity crisis in China and the withdrawal of US Federal Reserve stimulus. At 08088 AEST on Tuesday, the September share ...

Market Wrap

AAP  |  MONDAY, 24 JUN 2013
... losses in morning trade after opeing more than one per cent lower, but should make something of a late recovery into the close. The local market is still reeling from the US Federal Reserve last week signalling it could soon start winding back its economic ...

Is it safe?

BENJAMIN ONG  |  MONDAY, 24 JUN 2013
Christian Szell: Is it safe? Babe: Yes, it's safe, it's very safe, it's so safe you wouldn't believe it. Christian Szell: Is it safe? Babe: No. It's not safe, it's... very dangerous, be careful. - Marathon Man Yes Virginia...decisions, decisions. But ...

Market Wrap AM

AAP  |  MONDAY, 24 JUN 2013
The Australian market looks set to open lower following a mixed performance on Wall Street as the fallout continues from the US Federal Reserve's signalling it could soon start winding back its stimulus measures. At 0757 AEST on Monday, the June share ...

Advisers face shrinking market as super funds merge

JAMES FERNYHOUGH  |  FRIDAY, 21 JUN 2013
Financial advisers face a shrinking market and increased competition as the government's StrongerSuper reforms force smaller superannuation funds to merge, according to Jenny Wilcocks, a partner at law firm Holding Redlich. "The government's agenda ...

EQT formalises improved offer for The Trust Co

LAURA MILLAN  |  FRIDAY, 21 JUN 2013
... potentially denying their shareholders the opportunity of attracting a higher bid," EQT chief executive Robin Burns said. EQT will close its offer on July 31, 2013, but the company is considering to extend it, pending the ACCC findings.

Excess super contributions amendments pass House of Reps

JAMES FERNYHOUGH  |  FRIDAY, 21 JUN 2013
... Shorten's office said the legislation is expected to go before the Senate late next week, and will become law before the close of Parliament. The legislation allows individuals to withdraw any excess concessional contributions made from 1 July 2013 from ...

Market Wrap AM

AAP  |  FRIDAY, 21 JUN 2013
... its bond-buying policy by next year triggered a steep sell-off in Asia, with Europe and Wall Street following in turn. At close, London's benchmark FTSE 100 index plummeted 2.98 per cent to end at 6,159.51 points, Frankfurt's DAX 30 dived 3.28 per cent ...

Market Wrap

AAP  |  THURSDAY, 20 JUN 2013
... begin winding back its $US85 billion-a-month bond-buying program some time later this year and bring the operation to a close by mid-2014. The stimulus, known as quantitative easing, or QE, not only boosts America's debt-ridden economy, but is a major ...

Wall Street to stage cyberattack wargame drill

ALEX DUNNIN  |  THURSDAY, 20 JUN 2013
Wealth management groups in the US are so concerned about cyber attacks they are staging an all out system wide drill to test their preparedness and countermeasures. The drill, code named Quantum Dawn 2, is set down for 28 June and is being co-ordinated ...