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Optimistic outlook for industry growth: Research

LINDA HAUSKEN  |  TUESDAY, 15 MAY 2012
New research from AIA Australia, has revealed that advisers are overwhelmingly optimistic on the 12 month outlook for the industry, seeing the most growth coming from families and the self employed. The AIA Australia Adviser Partnership Survey of 1100 ...

Deja vu of deja vu

BENJAMIN ONG  |  TUESDAY, 15 MAY 2012

Market Wrap - Morning

AAP  |  TUESDAY, 15 MAY 2012
SYDNEY, May 15 AAP - The Australian market looks set to open lower following falls on US markets overnight. At 0645 AEST on Tuesday, the June share price index futures contract was down 32 points at 4,265. In economic news on Tuesday, the Reserve Bank ...

Market Wrap

AAP  |  MONDAY, 14 MAY 2012
... market indices down with it. The Dow Jones Industrial Average was down 34.44 points, or 0.27 per cent, to 12,820.60 at the close, while the S&P 500 fell by 4.6 points to 1353.39. European stock markets took a hit from political uncertainty in Greece ...

Market Wrap - Morning

AAP  |  MONDAY, 14 MAY 2012
... market indices down with it. The Dow Jones Industrial Average was down 34.44 points, or 0.27 per cent, to 12,820.60 at the close, while the S&P 500 fell by 4.6 points to 1353.39. But the tech-rich Nasdaq barely bucked the trend, gaining 0.18 points to ...

Market Wrap

AAP  |  FRIDAY, 11 MAY 2012
... were 0.31 per cent. The spot price of gold in Sydney was $US1,592.30 per fine ounce, down $US1.735 from Thursday's local close of $US1,594.035 per ounce. Wall Street closed higher, with the two broad-market indices breaking a run of six-straight losing ...

No money in equities

BENJAMIN ONG  |  FRIDAY, 11 MAY 2012
There were really no fresh talking points I could find on cyberspace last night, just a flipping of the flop in sentiment seen over the past few days. For last night we got news that US unemployment claims came in a thousand heads better than expected. ...

Market Wrap

AAP  |  FRIDAY, 11 MAY 2012
The Australian market looks set to open slightly lower following mixed performances on European and US markets overnight. At 0805 AEST on Friday, the June share price index futures contract was down six points at 4,295. No major economic or equities ...

Market Wrap

AAP  |  THURSDAY, 10 MAY 2012
... steady at $2.53. The spot price of gold in Sydney was $US1,592.80 per fine ounce, up 65 US cents from Wednesday's local close of $US1,592.15 per ounce. National turnover was 1.1 billion securities worth $2.7 billion, with 406 stocks up, 403 down and ...

Insurance lapses impact on NAB Wealth results

BEN COLLINS  |  THURSDAY, 10 MAY 2012
National Australia Bank has released its 2012 Half Year Results, with NAB Wealth's cash earnings before IoRE down $10 million or 3.7% compared to March 2011, predominantly the result of an increase in insurance lapses. Compared to the September 2011 ...