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| | | Inflation is coming back down all over the world. The trend in consumer prices in Australia will be no different. At 11:30 AM this morning, the Australian Bureau of Statistics (ABS) will release data showing how consumer prices fared in the December ... |
| | | | ING plans to axe 7,000 employees globally but its 2,400 Australian staff are expected to be spared the chop. ING released a statement yesterday that it intended to reduce its workforce by 7,000 positions in 2009 in a bid to cut costs and weather the ... |
| | | | The Australian share market was a sea of red at noon with the materials sector leading the losses after a negative US lead and reports that the economies of Australia's three most important export destinations are softening. At 1200 AEDT, the benchmark ... |
| | | | AMP Banking customers will continue to receive access to fee-free ATMs, despite the new Direct Charging rules that will come into effect in March, after the bank signed a deal with Cuscal, owner of the rediATM network. AMP Banking, which doesn't have ... |
| | | | ... Traditionally, Chinese clean their houses, purchase new clothes, get their hair cut, gather the family for a special feast and hand out red envelopes containing yuans to their closest and dearest. It is also their tradition to repay any money they owe ... |
| | | | The Australian share market was deeper in the red at noon, with the finance sector and big miners weighing on the local bourse. Australia's market declined as the country's biggest company, BHP Billiton, said it would cut production and slash thousands ... |
| | | | While many funds were in the red last year, Australian Unity Investments (AUI) bucked the trend when its Healthcare Property Trust gained 11.27 per cent and, despite the market downturn, many of its underlying direct properties have held their value. ... |
| | | | Defying the flight to cash, members of the $1 billion dollar legalsuper have increased investments into the fund's S&P/ASX200 option by up to 40 per cent. According to legalsuper, the industry fund experienced nearly 40 per cent in growth for its S&P/ASX200 ... |
| | | | The $36 billion Victorian Funds Management Corporation (VFMC) is combining its quantitative and equities team into a single entity as part of a sweeping reorganisation of the fund. VFMC chief executive and director Sydney Bone said the group is "reorganising ... |
| | | | In a market that fell by as much as 50 per cent last year, Magellan Global bucked the trend by posting a 1.3 per cent loss, pushing it to the top of the league tables of overseas shares managers for 2008. As a fund manager that has only been around ... |
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