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| | | The Australian stockmarket remained weak at noon, led by a slump in the materials sector, after falls on Wall St overnight. At 1215 AEDT, the benchmark S&P/ASX200 index was down 42.3 points, or 1.16 per cent, at 3610.7 while the broader All Ordinaries ... |
| | | | Self managed super fund (SMSF) administrator, Super Concepts, is to administer approximately $150 million on behalf of 154 CommSec clients, a deal signed four months after YourChoice clients, with $450 million in SMSF assets, also moved to the ING-owned ... |
| | | | Wall Street was at first content to wait while the G20 Generals fiddle but Citigroup's announcement of a 53,000 reduction in its workforce brought home the point that Main Street is roasting. After initially fluctuating between both sides of zero, the ... |
| | | | Platform providers are divided on how unlisted investments should be accounted for and included on platforms but growing investor allocation towards illiquid assets could force the sector to adopt an industry-wide solution. Rick Di Cristoforo, managing ... |
| | | | Macquarie Banking and Financial Services Group today unveiled the Macquarie Cash Management Account - a bank account that also acts as an investment cash hub. The Macquarie CMA complements the Macquarie Cash Management Trust. It is particularly suitable ... |
| | | | Buying on news? Bargain-hunting? Attractive valuation? Crisis solved? Factor X? Whatever the reason, Wall Street see'd again when it should have saw'ed. US equities surged almost 7 per cent last night despite a plethora of more gloomy news. Below are ... |
| | | | Has the US Treasury had a change of heart or merely trying to get on the good side of its boss-elect President Obama? The US$700 billion Troubled Asset Relief Program (TARP) will no longer buy the TA (troubled assets) under the RP (relief program). ... |
| | | | Vision Super makes history in the industry fund sector when it paired up with transactional banking provider Cuscal to offer fund members a banking service to access their super savings. Vision Super's fund development manager David Moxon said members ... |
| | | | SMSF trustee Gerard Karl Little has been charged by ASIC for failing the sole purpose test after he obtained early access to funds and pocketed $685,000 in commissions. Little, of Castlecrag, New South Wales, appeared in the Downing Centre Local Court ... |
| | | | Just less than a year ago, households, businesses and financial markets were bracing for crude oil at US$200 a barrel. And in July 2008, this fear threatened to become a reality when crude oil prices topped US$147.27 a barrel in the international markets. ... |
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