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| | | Margin lenders CommSec and St George Bank made record numbers of margin calls on Monday night and after yesterday's All Ordinaries 409 point drubbing, with another record in the making last night. CommSec managing director Matt Comyn, speaking late ... |
| | | | The government's 15 per cent contributions tax on superannuation guarantee payments should be reduced and the co-contribution policy revamped to boost national saving levels, suggests two major finance industry bodies. The Association of Superannuation ... |
| | | | QIC has held more cash than it's ever held for a very long time, a fortuitous investment move made by the $70 billion fund manager more than twelve months before the market rout began. While it's easy to count the amount lost by the average super fund ... |
| | | | The Australian share market had plunged deeper into the red at noon, amid concerns of a US recession and its likely impact on global growth. At 1215 AEDT the S&P/ASX200 index was down 260.6 points, or 4.67 per cent, to 5,319.8 and the All Ordinaries ... |
| | | | Fears about the US economy plunging into recession have been overstated, overplayed, and blown out of proportion - but the outlook for 2008 still looks fairly benign, according to economists from Lehman Brothers. "There's a 60 per cent chance, in our ... |
| | | | HFA Holdings was forced to clarify its relationship with MFS Group, stating HFA has no operating or business relationship with the company, after MFS' share price continued its nosedive. In a statement, the HFA Holdings (HFA) board said HFA's share ... |
| | | | Victorian Funds Management Corporation (VFMC) chief investment officer, Leo de Bever, delivers on the strategy he outlined a year ago after the fund's allocation to external fund managers falls from 100 per cent before he joined to almost 75 per cent ... |
| | | | While economists regard the Rudd Government's announced five-point, anti-inflationary package as positive, it's not expected to be a threshold issue for the Reserve Bank. There are no hard specifics as to where savings will come from, but Labor expects ... |
| | | | Iraq's economy is on track to reach GDP growth rates in 2008 of 7 per cent, driven by oil price movements, economic reforms and surging foreign exchange reserves, said the International Monetary Fund (IMF) last week. The upbeat assessment is based on ... |
| | | | ... Listed investment company Djerriwarrh Investments Ltd releases its half year results. The Australian stock market closed in the red for the tenth session in a row on Friday, a 17-year first, as nervous investors dumped industrial stocks, although the ... |
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