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Insto clients forecast a low growth world economy

RACHEL DAVIS  |  WEDNESDAY, 9 NOV 2011
... 58% in March," said John Wilson, head of PIMCO Australia. "The majority of respondents expected 2.25% GDP growth over the next year." Only 20% of September respondents were optimistic about the outlook for the US, down from 50% who held this view in ...

Arrivederci Berlusconi Ciao

BENJAMIN ONG  |  WEDNESDAY, 9 NOV 2011
... tune of a,-1.3 trillion. It needs to rollover a,-30 billion worth of debt in the coming weeks and refinance a,-300 billion next year. Silvio's exit offers hope but it doesn't change these worrying debt metrics. This is the same conclusion reached by ...

Market Wrap - Midday

AAP  |  TUESDAY, 8 NOV 2011
... Commonwealth Bank has told shareholders at its annual general meeting on Tuesday it expected subdued credit growth to continue into next year, with gains in productivity to drive improved performance. CBA was up 14 cents at $49.46. Among the other banks ...

Market Wrap - Midday

AAP  |  MONDAY, 7 NOV 2011
... Morgans Ipswich manager Tony Russell said. "The events of what is unfolding in Europe is of major concern with where the next direction of the market will be." Over the weekend, political leaders in Greece sealed a historic deal to form a national unity ...

DKN and Lonsdale heads leave and form BT advice unit

ELISE BURGESS  |  MONDAY, 7 NOV 2011
... with the broader BT Financial Group. "It's a very exciting time and we look forward to welcoming Phil, Mario, Kon and Andrew next year to help build on our heritage of industry leadership, product and service innovation, deep client relationships and ...

Hero to Zero

BENJAMIN ONG  |  MONDAY, 7 NOV 2011
... world. This was Europe's tit for Papandreou's tat of pushing through more austerity measures to meet the EU/IMF terms for the next a,-8 billion tranche of rescue money just a week prior. Mr. Papandreou was able to convince the Greek parliament to pass ...

Perpetual updates performance, remuneration

ELISE BURGESS  |  FRIDAY, 4 NOV 2011
... the firm admit financial performance needed to improve but said it was on the right track with talk of new products in the next financial year, as well as disclosure of the firm executive remuneration policy. In a year that saw the group hire a new chief ...

MySuper legislation introduced

ELISE BURGESS  |  FRIDAY, 4 NOV 2011
... reform package, Assistant Treasurer and Minister for Superannuation, Bill Shorten, introduced the legislation yesterday as the next step to greater retirement savings for Australians. "Today, I introduce the first tranche of legislation to implement ...

Fidelity: Government intervention cause for concern

CLAIRE MCGREAL  |  THURSDAY, 3 NOV 2011
... moment most seems to be going the way of dividends - cash payout ratios are set to increase from 12% in 1998 to 32% in the next year," said Sutherland.

Machines of loving grace

BENJAMIN ONG  |  THURSDAY, 3 NOV 2011
... tomorrow night's US non-farm payrolls report for October. Waiting for Greece's referendum. It's them that will determine how the next few days, weeks and the rest of the year pan out. That blip up in the indices you saw last night was "all watched over ...