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Showing 5411 - 5420 of 9320 results for "Red"

IGR proves current welfare level is unsustainable: FSC

LAURA MILLAN  |  FRIDAY, 6 MAR 2015
The results of the Treasury's Intergenerational Report prove that Australia's current level of social welfare cannot be sustained and that superannuation will play a key role in addressing the issue, the Financial Services Council (FSC) said. Reacting ...

Economic growth to slow significantly: IGR

MARK SMITH  |  THURSDAY, 5 MAR 2015
The Intergenerational Report (IGR) has projected that the growth rate of the economy over the next 40 years will be significantly lower than the last 40. In introducing the report Treasurer Joe Hockey said: "It is fantastic that Australians are living ...

Market wrap PM

AAP  |  THURSDAY, 5 MAR 2015
The local bourse has opened in the red following losses from market heavyweights BHP Billiton and Rio Tinto. CMC Markets chief strategist Michael McCarthy says the market was correcting itself to improve its chances of breaking through the 6,000 points ...

Productivity Commission to explore financial services exports

MARK SMITH  |  THURSDAY, 5 MAR 2015
The government has announced a Productivity Commission review aimed at boosting Australia's services exports across financial services and other industries. "With over 1.5 billion people moving into Asia's middle class over the next 15 years, we need ...

ECT reforms pass Senate

STAFF WRITER  |  THURSDAY, 5 MAR 2015
The Parliament has passed the latest amendments to the superannuation excess contribution tax (ECT), implementing the final piece of legislation to reform the unpopular tax, says Taxpayers Australia Limited. "The rationale for ECT made sense at the ...

No board meeting necessary

BENJAMIN ONG  |  THURSDAY, 5 MAR 2015
Central bank surprises continue. This week started with the People's Bank of China (PBOC) surprising with a weekend announcement that it is lowering both its benchmark one-year lending rate and one-year deposit rate by 25 basis points each to 5.35% ...

Market Wrap AM

AAP  |  WEDNESDAY, 4 MAR 2015
The sharemarket is in the red after initially opening higher, dragged down by the miners and weak leads from Wall Street. IG Markets strategist Evan Lucas says the market is muddled by a slight bounce back in the bank, healthcare and diversified financial ...

AustralianSuper inks $1.1bn US property deal

LAURA MILLAN  |  WEDNESDAY, 4 MAR 2015
AustralianSuper undertaken its biggest single direct property transaction and has invested almost $1.1 billion in a property in the United States. The super fund has acquired a 25% stake in Honolulu's Ala Moana Center from US S&P 500 company General ...

European insurers attract dividend seekers

ALEX DUNNIN  |  WEDNESDAY, 4 MAR 2015
Low European interest rates pushing investors to find higher yielding stocks is encouraging them to reconsider the insurance sector. An investment briefing released by Amundi Asset Management said the insurance sector, after strong focus on derisking ...

Majority slammed (again), equities dunked, A$ fouled

BENJAMIN ONG  |  WEDNESDAY, 4 MAR 2015
... on and you'll find words and phrases that's enough to scare the bejeesus off your pants - "plummeting"; "plunged into the red"; "sell-off in higher-yielding stocks". Spooky words to describe the S&P/ASX 200 index's monster drop of 0.42% at the close ...