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Fed ECB BOJ, Unlimited

BENJAMIN ONG  |  WEDNESDAY, 23 JAN 2013

Market Wrap AM

AAP  |  WEDNESDAY, 23 JAN 2013
The Australian market looks set to open flat after positive showings on US and European bourses following upbeat German economic data. At 0633 AEDT on Wednesday, the March share price index futures contract was up five points at 4,747. In economic news ...

Baby boomers stagger blindfold into retirement: REST

MARK STORY  |  TUESDAY, 22 JAN 2013
... given their expected reliance on the age pension. The survey also reveals a growing reliance on the family home to help close the retirement savings gap, with almost half planning to move house once retired, and more than a quarter expecting to downsize. ...

Market Wrap AM

AAP  |  TUESDAY, 22 JAN 2013
The Australian market looks set to open flat despite rises on European markets, with London hitting a near five-year high in light trading amid a public holiday in the United States. At 0617 AEDT on Tuesday, the March share price index futures contract ...

Market Wrap PM

AAP  |  MONDAY, 21 JAN 2013
... $26.76. The Dow Jones Industrial Average finished up 53.68 points, or 0.39 per cent, to 13,649.70, reaching its highest close since December 10, 2007. The broader S&P 500 added 5.04, or 0.34 percent, to hit 1,485.98, its highest since December 26, 2007. ...

Repressed rally

BENJAMIN ONG  |  MONDAY, 21 JAN 2013
We're almost there, close to finishing the first month of 2013...and it's been so far, so good. Wall Street has climbed to its highest level in seven years and most recent macro indicators, as well as US company profit reports, have been positive and ...

Market Wrap AM

AAP  |  MONDAY, 21 JAN 2013
... Tinto shares after its chief Tom Albanese resigned in the wake of the miner's $US14 billion worth of writedowns. At the close on Friday, the benchmark S&P/ASX200 index was up 14.5 points, or 0.31 per cent at 4,771.2, while the broader All Ordinaries ...

Market Wrap PM

AAP  |  FRIDAY, 18 JAN 2013
The Australian market is higher as news of Rio Tinto chief Tom Albanese's resignation drives up mining stocks. At 1028 AEDT on Tuesday, the benchmark S&P/ASX200 index was up 16.1 points, or 0.34 per cent, at 4,722.1 and the broader All Ordinaries index ...

FoFA readiness is all about client engagement: MLC

MARK SMITH  |  FRIDAY, 18 JAN 2013
Restructuring back office systems for the Future of Financial Advice Reforms is easy compared with preparing advisers for the different discussions they will have with clients, says MLC's Richard Nunn. Having targeted transparency and improving client ...

Beggar me not my neighbour

BENJAMIN ONG  |  FRIDAY, 18 JAN 2013
Going for the ceiling. Sorry folks, this time it's not about the US debt ceiling. It's about Wall Street making another run for the all-time high it reached back before the GFC stood for the Geelong Football Club and not the Global Financial Crisis. ...