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Health insurance lobby lessons

ALEX DUNNIN  |  TUESDAY, 13 MAY 2008
The reforms to the private health insurance rebate and the industry reaction to it should be studied by everyone in wealth management who seeks to influence government policy. A furious health insurance industry came out fighting yesterday after the ...

Market Wrap - Morning

AAP  |  TUESDAY, 13 MAY 2008
... record, giving the tech sector an early lift. Nasdaq extended gains late in the session after news Hewlett-Packard Co is close to a deal to buy Electronic Data Systems Corp for as much as $US13 billion ($A13.83 billion). Financial shares also gained ...

Market Wrap - Morning

AAP  |  MONDAY, 12 MAY 2008
The Australian stock market is expected to open lower today, with Wall Street and base metals in London offering negative leads on Friday, and the SPI futures index in Sydney down slightly. At 0752 AEST, on the Sydney Futures exchange, the June share ...

Market Wrap - Midday

AAP  |  FRIDAY, 9 MAY 2008
The Australian share market was in positive territory at midday, with stronger commodity prices overnight driving gains in resource stocks both locally and on Wall St. At 1202 AEST, the benchmark S&P/ASX200 index had gained 65.7 points, or 1.15 per ...

Market Wrap - Morning

AAP  |  FRIDAY, 9 MAY 2008
... Index ended up 5.11 points, or 0.37 percent, at 1,397.68. The Nasdaq Composite Index gaind 12.75 points, or 0.52 percent, to close at 2,451.24. LONDON - Britain's blue-chip index ended slightly higher as takeover talk boosted miners, while financials ...

ASIC divides to conquer

The Australian Securities and Investments Commission (ASIC) will split its single enforcement directorate division into six and four of its 'silo' directorates into 17 stakeholder teams, in a bid to stay relevant with the fast evolving financial markets. ...

Market Wrap - Morning

AAP  |  THURSDAY, 8 MAY 2008
... third quarter sales results. Yesterday, the sharemarket gave back early gains, dragged down by weaker banking stocks to close lower despite a positive night on Wall Street. The benchmark S&P/ASX200 index closed down 33 points, or 0.58 per cent, to 5668.4 ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 7 MAY 2008
... stronger-than-expected quarterly profit, sending its shares up more than three per cent in after-hours trade from their close at $33.73 on the New York Stock Exchange. LONDON - Britain's top share index ended flat as gloom in banks and pharmaceuticals ...

Snowball buys Mastertek

... cash reserves and Snowball's banking facility. As a result, Snowball's total superannuation funds under advice will come close to the $1 billion mark. MBC provides superannuation and related risk insurance services to large corporates. It also boasts ...

Market Wrap - Morning

AAP  |  TUESDAY, 6 MAY 2008
... 0.45 per cent, to finish unofficially at 1,407.49. The Nasdaq Composite Index dropped 12.87 points, or 0.52 per cent, to close unofficially at 2,464.12. LONDON - UK markets were closed for the May Bank Holiday. On Friday the FTSE 100 closed at 6,215.5 ...