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| | | ... to $3.45. The big miners shrugged off lower metal prices in London to higher at midday. Mr Leppinus the market was still pretty flat with energy and resource stocks were the only positives on the day. At 1213 AEST Rio Tinto Ltd shares rose $1.94, or ... |
| | | | ... space and are now looking for investments such as infrastructure that generate stable income. "Retail investors take a pretty simple view on infrastructure. It's a yield-generating product, it's more defensive than the normal market and the assets are ... |
| | | | ... retirement or eligible for a transition to retirement strategy, securing 8.4 per cent tax free income for 12 months is a pretty compelling proposition in the current environment," said Freeman. "While recent market volatility has seen investors divert ... |
| | | | ... overnight, the Dow Jones industrial average slid 134.50 points, or 1.06 per cent, to 12,503.82. "The US market was sold down pretty heavily overnight, particularly the financial sector, so we've seen the investment banks get hit hard over here," CMC ... |
| | | | ... cent, higher to $15.96 at 1201 AEST. Ms Saly said Origin had reached a record intraday high of $16.15. "Origin says it has pretty much doubled its coal seam gas in northern Queensland and says the offer is very much undervaluing the company. "A few people ... |
| | | | ... a little bit more aggressive in the property space in what is still a bricks-and-mortar investment." "We've given them pretty broad limits and it's up to them to build a well diversified to provide a low double digit return." Drew said the super fund ... |
| | | | ... fully invested in our large cap space but we're very particular about the stocks. It really is an earnings story. It's pretty easy to get a hold of large cap earnings profiles, so we're [positive] on the BHP and Rio [Tinto]," said Wright. "We're focusing ... |
| | | | ... million but there could be more. What we're doing is that we are investing alongside the balance sheet investments of some pretty smart people so there is good alignment of interest there," said David Hartley, Sunsuper's chief investment officer. Similarly ... |
| | | | ... earner's income and the baby bonus being based on the family income." Overall, he said there were no killer punches. "It's a pretty underwhelming Budget. The lack of changes in superannuation is probably the most important thing. None of the pre-Budget ... |
| | | | ... contract was up 32 points to 5,8549 on a volume of 12,587 contracts. CommSec market analyst Juliette Saly said it was a pretty flat day on the market, with not as many gains as expected. "St George Bank shares are helping to lift the market back into ... |
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