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| | | Netwealth Advice Group has appointed a general manager for its employed adviser business, Bridgeport Financial Planning. Cameron Cogle joins netwealth from ClearView, where he was general manager. "Cameron's experience in leading salaried financial ... |
| | | | Challenger has appointed the new chief executive for its funds management division from Commonwealth Bank (CBA). CBA group executive of institutional banking and markets Ian Saines has been appointed Challenger chief executive of funds management, Challenger ... |
| | | | "US Stocks Climb as Oil Gains, Pfizer Rises on Hospira Purchase" This was Bloomberg's take on the whys and the wherefores for the S&P 500 index's 1.0% rebound overnight after slipping by 0.4% the day before that was prompted by a 9% plunge in oil prices ... |
| | | | ... Friday, the March share price index futures contract was up 39 points at 5,794. In local economic news on Friday, the Reserve Bank of Australia is set to release its quarterly Statement on Monetary Policy. In equities news, News Corp is due to release ... |
| | | | ... possibility that we could see an eleventh day," he said. High yield stocks continue to be in demand in the wake of the Reserve Bank's interest rate cut on Tuesday, Mr Lucas said. "Have a look at the diversified financials, they're killing it at the moment," ... |
| | | | ... recommendations, which envisaged the same role for default funds in awards approved by the industry. "Despite these inquiry findings, bank-owned super funds are continuing a campaign to scrap the safety net," ISA chief executive David Whiteley said. ... |
| | | | ... action against Storm Financial and for allegedly acting to protect the interests of major banks, particularly the Commonwealth Bank, rather than customers. The claim is brought by Levitt Robinson Solicitors on behalf of investors in Storm Financial products. ... |
| | | | And an easing here, an easing there, everywhere an easing... Just a day after the Reserve Bank of Australia (RBA) joined the central bank surprise club and decided to ooh, ahh, "have what they're having", and two days after I typed on this space "and ... |
| | | | ... while Housing Industry Association new home sales figures for December are also due out. In equities news, National Australia Bank releases its quarterly update and Downer EDI and Tabcorp post their half year results. Meanwhile, Rio Tinto's diamonds ... |
| | | | ... he said. "It's a good day to be long Australian stocks." The market is still riding on the sentiment of Tuesday's Reserve Bank interest rate cut, giving the banks further gains, Mr Weston added. BHP had added $1.415, or nearly five per cent, to $32.065 ... |
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