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Swan names new ASIC, ACCC heads

ELISE BURGESS  |  WEDNESDAY, 4 MAY 2011
... D'Aloisio for his service to the Australian community and regulation of the Australian securities markets, particularly his close coordination with the Government and our other financial regulators during the global financial crisis," said Swan. If approved ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 4 MAY 2011
... composite fell 22.46, or 0.8 per cent, at 2,841.62. The Dow Jones industrial average inched out a gain of 0.15 per cent to close at 12,807.51. Pfizer Inc fared worst in the Dow Jones industrial average on Tuesday, losing nearly three per cent after the ...

Vow to take on financial planners

MATT WOODINGTON  |  TUESDAY, 3 MAY 2011
... full range of services, while around 20 per cent will want to offer some planning advice, such as risk insurance. Vow has close to 600 brokers in total and will begin rolling out the financial planning service to those in Sydney. It then hopes to extend ...

Market Wrap - Midday

AAP  |  TUESDAY, 3 MAY 2011
... prices. At 1220 AEST, the price of spot gold in Sydney was $US1,539.40 per fine ounce, down $US15.65 from Monday's local close of $US1,555.05 per fine ounce. Shares in gold miner Newcrest were down 72 cents, or 1.75 per cent, at $40.44. Among the major ...

He's just a man

BENJAMIN ONG  |  TUESDAY, 3 MAY 2011
Financial markets celebrated the death of the most wanted man in America - Osama bin Laden. And if you believe the insta-blogs on cyberspace, it's all because Osama's death (martyrdom to others) put a huge dint on terrorism - or something like that. ...

Market Wrap - Morning

AAP  |  TUESDAY, 3 MAY 2011
The Australian market has received uncertain leads from offshore trading overnight, as markets struggled with the meaning of the assassination of Osama bin Laden. On the ASX 24 at 0655 AEST, the June share price index futures contract was 22 points ...

Market Wrap

AAP  |  MONDAY, 2 MAY 2011
... since 2007. At 1034 AEST, the price of spot gold in Sydney was $US1552.40 per fine ounce, up $US18.57 from Friday's local close of $US1533.83 per fine ounce. Shares in gold miner Newcrest were down 32 cents to $41.13. National turnover was 573.5 million ...

ETF provider soothes market over risk issues

ALISON BEVEGE  |  MONDAY, 2 MAY 2011
Exchange traded fund provider iShares has moved to reassure the market that Australian ETFs are not risky in the wake of warnings from global authorities about transparency and leverage issues. The Financial Stability Board, an international watch-dog ...

Market Wrap - Morning

AAP  |  MONDAY, 2 MAY 2011
... for Britain's royal wedding holiday. The Dax finished the day at 7514.46 points, a gain of 0.52 per cent over Thursday's close. Meanwhile in Paris the CAC 40 rose for the seventh straight day, though marginally, up 0.05 per cent to 4106.92. London's ...

Securitor to grow planner network

MATT WOODINGTON  |  FRIDAY, 29 APR 2011
... initiatives to improve the efficiency of its existing businesses. Securitor, owned by BT Financial Group, currently has close to 500 planners and 240 practices within its network. As the planning industry undergoes change in the coming years there is ...