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| | | The Australian stock market remained in the red at noon, dragged down by a poor lead from the US overnight and lower base metal prices. At 1200 AEDT, the benchmark S&P/ASX200 index was 21.4 points lower to 6512.1, while the All Ordinaries had shed 27 ... |
| | | | While the sub-prime fiasco showcases how banks are still the crown jewel of the financial system, the expanding role of non-bank financiers is unstoppable and market regulators will eventually have to figure out a way to deal with this new reality. ... |
| | | | The Australian sharemarket dipped into the red at noon after spending all morning in positive territory, as a mixed lead from New York and firmer base metals were not enough to boost the market. At 1215 AEDT, the benchmark S&P/ASX200 index was 10.6 ... |
| | | | The securitisation industry needs to increase the level of transparency in its investor reporting to overcome scepticism about securitised products, the Reserve Bank has warned. RBA assistant governor Guy Debelle told the annual conference of the Australian ... |
| | | | ... 99 cents to $59.28, ANZ rose 46 cents to $28.11 and Westpac added 37 cents to $27.97. After spending most of the day in the red, US stocks ended higher on Thursday as shares in energy companies climbed on supply concerns, offsetting worries about the ... |
| | | | The US Federal Reserve, stung by criticism it dropped rates to protect favoured institutions in a preferred segment, is warning they won't keep protecting them forever. "To be sure, lowering interest rates to keep the economy on an even keel when adverse ... |
| | | | ... documents to clients, making advice in Australia costly and out of the reach of many people. "This is a significant step forward. Red tape and lengthy disclosure are strangling financial planners with no direct benefits for their clients," she said. ... |
| | | | The Australian share market is expected to open lower with stock index futures in the red, however, the United States is pointing the way higher after Citigroup Inc got a $US7.5 billion ($A8.6 billion) capital injection from Abu Dhabi, adding to confidence ... |
| | | | ... Association (FPA). FPA chief executive officer, Jo-Anne Bloch also said, "Labor has always expressed a firm commitment to reducing red tape, including reducing lengthy and costly disclosure documents, and we look forward to working with the Government ... |
| | | | Financial planners will not be recognised as true professionals for as long as 'product-based' remuneration models exist, according to discussion papers released by the Institute of Chartered Accountants in Australia (ICAA). The Institute has used an ... |
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