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Showing 7511 - 7520 of 9743 results for "Major"

Market Wrap - Midday

AAP  |  WEDNESDAY, 10 JUN 2009
... joint venture in Western Australia. Iron ore miner Fortescue Metals surged 26 cents, or 8.36 per cent, to $3.37. Among the major banks at 1204 AEST, Commonwealth Bank added 56 cents to $37.55, Westpac put on 30 cents to $19.65, ANZ gained 25 cents to ...

Club Plus overhauls Aussie eq

RUTH LIEW  |  WEDNESDAY, 10 JUN 2009
... fund Club Plus Super has axed the majority of its Aussie equities investment managers - leaving the fund with just four major managers to take care of a $400 million domestic equities portfolio. Club Plus Super, the industry fund for clubs in New South ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 10 JUN 2009
... edged up 3.29 points, 0.35 per cent, to a preliminary close of 942.43. The market reacted cooly to a decision allowing ten major US banks to repay the Treasury $US68 billion for capital injections made to stabilise the financial system. Analysts had ...

Market Wrap - Midday

AAP  |  TUESDAY, 9 JUN 2009
Local banks pushed the Australian share market slightly higher at noon, after the United States Federal Reserve said major US banks that were ordered to raise capital had developed sufficient plans. Many of the resource stocks, including Australia's ...

Superannuation wins in Cabinet reshuffle

ALEX DUNNIN  |  TUESDAY, 9 JUN 2009
Superannuation is now, for the first time, included in Federal Cabinet following a major ministerial reshuffle that saw Chris Bowen promoted to Minister for Financial Services, Superannuation and Corporate Law and Minister for Human Services. Indicating ...

Good news in inaction

BENJAMIN ONG  |  TUESDAY, 9 JUN 2009
Is this the beginning of the end? Gauging from last week's actions - rather inactions - by four of the world's major central banks, it appears that this is so. It had been a awhile since financial markets witnessed the kind of central bank activity ...

Working mothers caught in tax snafu

ALEX DUNNIN  |  FRIDAY, 5 JUN 2009
... personal income tax revenue. What the ideal allocation between income share and tax revenue share should be is looming as a major focus of the Henry Taxation Review, particularly as the interim report released with the Federal Budget argued that superannuation ...

Market Wrap - Midday

AAP  |  THURSDAY, 4 JUN 2009
... Billiton plunged $1.52, or 4.1 per cent, to $35.51, while rival Rio Tinto plummeted $3.73, or 5.21 per cent, to $67.87. The major banks were mixed. Commonwealth Bank put on 26 cents to $37.06, Westpac lost 26 cents to $18.91, ANZ gained eight cents to ...

It's all about China

BENJAMIN ONG  |  WEDNESDAY, 3 JUN 2009
... the collapse of the Zimbabwean dollar just a few years earlier. But the US is no Zimbabwe and the US dollar remains the major reserve and transaction currency of the world. Nobody thinks that the US dollar would be dislodged from its throne. Neither ...

Market Wrap - Morning

AAP  |  MONDAY, 1 JUN 2009
... Australian share market bounced back on Friday, driven higher by banking stocks as investors shuffled holdings between the major lenders to accommodate share placements. The benchmark S&P/ASX200 index was up 62.4 points, or 1.66 per cent, at 3,818.1 ...

Editor's Choice

Mercer Super chief executive steps down

RIDDHIMA TALWANI  |   12:01PM
Mercer Super chief executive Claire Ross is departing after almost 17 years in senior leadership roles at the retail super fund.

AusFood Super looks to revitalise member engagement

MATTHEW WAI  |   11:30AM
The $3.5 billion super fund has partnered with InvestStream to launch RetireSmart+, becoming the first super fund to bring an AI-powered engagement experience to some 66,000 members.

L1 Group posts 'marked recovery' in June quarter

RIDDHIMA TALWANI  |   12:13PM
L1 Group has reported a marked recovery in investment performance in the June quarter.

European PE firm mandates Apostle with Australian distribution

RIDDHIMA TALWANI  |   11:50AM
Apostle Fund Management has been appointed by European investment firm Triton Partners for the distribution of its credit strategies in Australia and New Zealand.

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