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| | | ... them through FOFA," said Englund. "I think we'll have quite a number of additional deals but changing dealer groups is a very big decision for people so it needs to be for the right reasons and at the right pace." This story was updated at 1.25pm |
| | | | ... commentary won't be out for two weeks." BHP Billiton was up 11 cents at $44.13 and Rio Tinto had added eight cents at $83.23. The big banks all were marginally lower. Commonwealth Bank had lost 13 cents at $51.93, ANZ was steady at $21.94, Westpac dropped ... |
| | | | Australian investors are investing in European renewable energy markets instead of domestic due to lack of stability and uncertainty at home, according to private equity firm Polaris Energy. The Luxembourg-based company said that Australian investors ... |
| | | | ... Australia's 24% gross savings rate matches Germany's and compared to other OECD countries is second only to Japan's 26%. The big question however is to what extent does Australia's compulsory super system lift savings given that this is one of superannuation's ... |
| | | | ... stocks rising on the S&P/ASX20. The best-performing sector was information technology, up 1.2 per cent according to IRESS data. Big market contributors such as materials stocks (up 0.88 per cent) and financials (up 0.42 per cent) were also faring well. ... |
| | | | Foreign subsidiaries of Australian wealth groups are worth $71 billion and employ 76,000 staff, revealed a new ABS finance sector survey. Recording $28 billion in offshore sales in 2009-10, insurance and pension fund services comprised 63% of this total ... |
| | | | ... 4,634, indicating a rise of just over one per cent on the market when trade starts on Monday. The reason for the rise is a big gain on the United States market on Friday, which capped Wall Street's best week in two years. The Dow Jones Industrial Average's ... |
| | | | ... that the US economy is turning cactus. As I highlighted last week, recent economic releases are slowly falling in line with Big Benny's view that, "The slower pace of the recovery reflects in part factors that are likely to be temporary," due to higher ... |
| | | | The Australian dollar was softer at noon, as weak Chinese manufacturing data offset lingering positive sentiment over the Greek austerity vote. At 1200 AEST, the Australian dollar was trading at 106.91 US cents, down from 107.40 US cents on Thursday. ... |
| | | | ... offer in the financial markets. And as for fears about the downshifting of the US economic recovery, more recent data confirm Big Benny's statement that, "The slower pace of the recovery reflects in part factors that are likely to be temporary," due ... |
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