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| | | The Australian market is expected to open to sharp losses, weighed down by weak base metal prices and a poor result on Wall Street. At 0805 AEDT on the Sydney Futures Exchange, the December share price index was down 134 points to 6710 on a volume of ... |
| | | | ... Equity, had previously sought to buy the firm, but were gazumped by First Capital. "Ascalon were in a very strong position to judge the business, and that's why they effectively bought a minority position of 40 per cent," Aldersley said. "From my point ... |
| | | | More regulation in itself may not be the answer to avoiding future property group collapses, but better structured and scalable regulation might be, said the Institute of Actuaries of Australia (IAA). Greg Martin, IAA senior vice president, said better ... |
| | | | ABN AMRO has released its new Elixir II structured product, offering retail investors access to overweight portfolios of various global asset classes, enhanced participation returns and a 100 per cent capital guarantee. Designed to meet demands from ... |
| | | | In a huge turnaround of priorities, the US Federal Reserve, which last week was more concerned about inflation than a sub-prime activated credit crunch, decided to cut its discount rate by 0.5 per cent to 5.75 per cent. The Fed charges this rate on ... |
| | | | Higher inflation has proved too hot to handle for the Reserve Bank board who increased the cash rate by 25 basis points to 6.5 per cent - our highest cash rate since November 1996. Reserve Bank Governor, Glenn Stevens, highlighted that economic conditions ... |
| | | | The Australian share market is expected to be hit hard this morning by the massive declines in New York with a particularly bleak outlook for the miners, as all metals but tin traded lower overnight. At 0750 AEST on the Sydney Futures Exchange, the ... |
| | | | Savings and insurance giant Aviva won the United Nations' Global Diversity and Innovation Award for its international diversity programmes. The judges chose Aviva for its"innovative" approach to embedding diversity within the company. Two years ago ... |
| | | | Westpac added to its trophy cabinet today by picking up the Best Retail Bank in Asia and Best Retail Bank in Australia awards for 2006 at The Asian Banker Magazine's Excellence in Financial Services Awards in Shanghai. Westpac beat over 140 banks and ... |
| | | | The Association of Financial Advisers (AFA) has opened nominations for the 2007 Adviser of the Year Award. "Advisers, who must be members of the AFA, are judged on criteria such as their experience, contribution to the industry and the quality of their ... |
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