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SuperStream passes Lower House

ALEX DUNNIN  |  TUESDAY, 19 JUN 2012
... easier for employers to manage their employees' entitlements." But while the government considers it important that there is close consultation with industry, unions and employers on the implementation of SuperStream and is establishing a SuperStream ...

BRIC slows on Europe woes

BENJAMIN ONG  |  TUESDAY, 19 JUN 2012
... down 0.2% and the S&P 500 up 0.1%. However, it was more sinister in Europe with the Euro Stoxx 50 dropping by 1.2% at the close. At other times, financial markets would simply dismiss this as selling on news. But wait, hang on, it was - selling on bad ...

Market Wrap

AAP  |  TUESDAY, 19 JUN 2012
... Paris the CAC 40 slipped by 0.69 per cent to 3,066.19 points, Madrid's Ibex 35 was down by a sharp 2.96 per cent at the close, and in Milan the FTSE Mib index closed with a loss of 2.85 per cent. The euro gave up early gains, and slid to $US1.2572 in ...

SMSF establishments continue down trend

MELANIE TIMBRELL  |  MONDAY, 18 JUN 2012
... allocated, followed by cash and term deposits which have continued to rise in popularity with $117 billion allocated at the close of the March quarter. Non-residential real property ($45 billion), unlisted trusts ($38 billion), other managed investments ...

Market Wrap

AAP  |  MONDAY, 18 JUN 2012
... cent to 6,229.41 points, and in Paris the CAC 40 climbed 1.82 per cent to 3,087.62 points. The Dow rose 115.26 points to close at 12,767.17, its highest finish since May 11. The Standard & Poor's 500 index climbed 13.74 points to 1,342.84, also its highest ...

Market Wrap

AAP  |  MONDAY, 18 JUN 2012
... countries around the world will step in to limit the damage from a debt crisis in Europe. The Dow rose 115.26 points to close at 12,767.17, its highest finish since May 11. The Standard & Poor's 500 index climbed 13.74 points to 1,342.84, also its highest ...

Market Wrap

AAP  |  FRIDAY, 15 JUN 2012
... 8,568.89 and Hong Kong was 1.15 per cent, or 218.12 points, down at 18,808.40. Shanghai lost 0.99 per cent, or 22.97 points, to close at 2,295.95. However, Seoul gained 0.65 per cent, or 12.16 points, to 1,871.48. With the eurozone's 100 billion euros ...

Market Wrap - Morning

AAP  |  THURSDAY, 14 JUN 2012
... Wednesday closed lower with investors' caution about the weekend's Greek elections overriding positive offshore leads. At the close of trade, the benchmark S&P/ASX200 index was down 9.1 points. or 0.2 per cent, at 4,063.8 while the broader All Ordinaries ...

Market Wrap

AAP  |  WEDNESDAY, 13 JUN 2012
... Dow's only loser, falling 0.3 per cent after announcing a new $US1.0 billion ($A1.01 billion) capital raising move. At the close, the Dow Jones Industrial Average was up 162.57 points (1.31 per cent) to 12,573.80. Almost all major European stock markets ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 13 JUN 2012
... market on Tuesday finished slightly higher despite big falls on overseas markets as instability in Europe continues. At the close of trade, the benchmark S&P/ASX200 index was up 9.2 points at 4,072.9 while the broader All Ordinaries index was up 7.1 ...

Editor's Choice

Federal Court lifts Merhi's travel ban

KARREN VERGARA  |   12:25PM
Former financial adviser Ferras Merhi is now free to travel as the Federal Court lifted travel restraint orders imposed one year ago.

Hostplus delivers double-digit FY26 returns

RIDDHIMA TALWANI  |   12:30PM
Hostplus Balanced (MySuper) option delivered members 10.8% for the financial year 2025-26, while the Indexed Balanced option and the High Growth option returned members 11.06% and 12.61% respectively.

ASIC levy estimates jump 19% as regulator ramps up funding

VINNY VUCAGO  |   12:21PM
ASIC has lifted its estimated industry funding levy by almost 20% for 2025-26, with regulated entities expected to shoulder $400.5 million in regulatory costs as the corporate watchdog expands its supervision and enforcement activities.

GQG bleeds over US$7bn in FUM in June

MATTHEW WAI  |   12:13PM
Despite recording positive investment performance, GQG Partners observed a significant outflow, with net outflows of $4.62 billion recorded in the month of June, as FUM slipped to $225 billion at June end, compared to $235.5 billion in the month prior.

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