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| | | The Australian market has opened higher after the Dow Jones Industrial Average and S&P 500 surged to record highs overnight. The local market continued to rally on Friday morning after three days of gains, opening around half a per cent higher. This ... |
| | | | ... this happened at the same time that financial markets were pencilling in an August interest rate reduction by the Reserve Bank of Australia (RBA) following the release of domestic labour market stats that showed the unemployment rate rising by a higher ... |
| | | | ... Average and S&P 500 vaulted to new records following Federal Reserve chairman Ben Bernanke's pledge to maintain the central bank's easy-money policy for the foreseeable future. At 0756 AEST on Friday, the September share price index futures contract ... |
| | | | ... superannuation contribution level rises from 9% to 12%, people will have less and less money to put away as savings with their bank, according to a new report by the Australian Centre for Financial Studies (ACFS). This, says the report, 'Funding Australia's ... |
| | | | ... that might warrant a little bit of caution." But, Mr Shamu said, a weaker jobs report could raise expectations the Reserve Bank of Australia will cut the cash rate in August, which would be good news for the market. Resources stocks were the strongest ... |
| | | | ... mixed results on Wall Street following the release of the Federal Reserve's policy meeting minutes that signalled the central bank aims to unwind its stimulus measures earlier than thought. At 0820 AEST on Thursday, the September share price index futures ... |
| | | | Australian shares are higher, with mining giants and mid-sized financial companies leading the gains. A better than expected consumer sentiment reading also gave the market a small boost. CMC Markets chief market strategist Michael McCarthy said rising ... |
| | | | ... accounts held by ATC on behalf of ATC's underwriters. ASIC's investigation established that $967,221.74 was directed to Loys' bank accounts including his own business, Callejon Cafe in Collingwood, and to other people associated with him. "This matter ... |
| | | | ... sales relationships nationally through both retail and institutional channels. He joins Ibbotson from Westpac Institutional Bank where he was national director - capital markets investor sales & distribution. Before that, Mclennan held positions as senior ... |
| | | | BNP Paribas Securities Services managing director, Australia and New Zealand, Pierre Jond will return to Paris at the end of 2013. He will be succeeded by Peter Baker, currently head of client strategy and communication at BNP Paribas. BNP Paribas has ... |
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