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| | | The economic costs of short-termism by the wealth management industry is hindering financial performance and resulting in significant losses to equity holders, according to boutique Australian Equity fund manager, Hyperion. Short-termism, as discussed ... |
| | | | The satisfaction gap between retail and industry super funds is narrowing, despite the widening investment performance gap, reveals the latest research from Roy Morgan. The satisfaction is now just 3 percentage points, compared to it peaking at 8 percentage ... |
| | | | Australian shares were higher at noon, extending earlier gains with a small number of bargain hunters making up Tuesday's losses. At 1200 AEST the benchmark S&P/ASX200 index was 26.1 points higher at 4,273.4, while the broader All Ordinaries index was ... |
| | | | Former president of the Australian Institute of Superannuation Trustees (AIST), Susan Ryan has been appointed as the new age discrimination commissioner. The role will be allocated $4 million over four years through the Australian Human Rights Commission. ... |
| | | | The US has reached a last-minute agreement to raise its debt ceiling, narrowly averting what might have become a global economic disaster. US President Barack Obama announced that Democrat and Republican Party leaders in both the House of Representatives ... |
| | | | The Australian share market was higher at noon, buoyed by a strong lead from Wall St and a new deal in Europe to manage the sovereign debt issue. At 1200 AEST on Friday, the benchmark S&P/ASX200 index was up 37.9 points, or 0.83 per cent, at 4,593.9 ... |
| | | | Commonwealth Bank (CBA) chief executive, Ralph Norris, has announced his intention to retire in November this year with group executive of business and private banking, Ian Narev, named his successor. Narev has been with CBA since May 2007, during which ... |
| | | | The Australian share market was expected to open stronger after a resurgence on Wall Street overnight as fears eased over Greece's debt crisis. At 0710 AEST, the September share price index futures contract was up 49 points at 4,491. In economic news ... |
| | | | And on the seventh day, they rested. After six straight days of non-stop selling, script hawkers took a breather. Yes, you read right - a breather - they'll be back again. There'll be more selling down the road. But this does not mean that I've given ... |
| | | | The Australian stock market has opened weaker in directionless trade, on a lack of company news and public holidays in the UK and US. At 1013 AEST, the benchmark S&P/ASX200 index was 0.6 points lower at 4683.4, while the broader All Ordinaries index ... |
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