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| | | ... these companies have a lower probability of default than the US government - a government whose currency is the world's major reserve currency. A government that could print money at will. A government that could tax - increase taxes, invent new taxes. ... |
| | | | ... cent, at 2,374.41 while the broad-market Standard & Poor's 500 index retreated 5.92 points, 0.51 percent, to 1,159.90. The major indices spent almost the entire session in negative territory and closed better than lows hit in the final hour of trade ... |
| | | | ... that determine the outcomes and who are the backbone of this industry," he said. Handing the award at the Conference of Major Superannuation Funds (CMSF) in Brisbane this week was Hazel McNeilage, head of Fund Management for QIC (the Award's key supporter). ... |
| | | | ... mixed and resource stocks are weaker on the back of some of the overnight metals moves as well," Mr Milroy said. Australia's major lenders were mixed, with Commonwealth Bank down 20 cents at $56.41, and Westpac losing seven cents at $27.23. But National ... |
| | | | ASIC has completed a major phase of its investigation into failed Storm Financial and is entering the next part of its investigation, aimed at achieving a commercial resolution for investors. The next phase will now take place until the end of May 2010 ... |
| | | | ... at 4,887 points. In economic news on Friday, the Melbourne Institute releases itsbulletin of economic trends. There is no major equities news scheduled. On Thursday, the Australian share market closed marginally higher after moving into the black in ... |
| | | | The Australian share market had edged 0.6 per cent higher by noon on firmness among major financial and resources stocks after a positive Wall Street lead. At 1200 AEDT, the benchmark S&P/ASX200 index was up 28.6 points, or 0.6 per cent, at 4,825.8 ... |
| | | | Self managed super fund trustees are heeding the Australian Taxation Office's warning about breaching fund rules, but ongoing problems - including giving personal loans to members - continue to plague the sector. According to the latest Partners Superannuation ... |
| | | | ... win the bid. Giles Craig, executive director of NSX-listed Hamilton Securities, said the firm has been in talks with three major planning groups about the sale of the debentures. Planners from smaller firms, including independent advisers, have also ... |
| | | | ... intermediaries produce?" he asked. "Why don't you use your muscle to have your own independent expert's report produced on major transactions or reform the crazy system where every report pronounces every deal to be fair and reasonable?" Paatsch said ... |
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