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FEATURE: Re-imagining Australia's financial future

STAFF WRITERS  |  THURSDAY, 24 APR 2014
With the deadline now closed for submissions to the Financial System Inquiry, the first investigation into the sector in 16 years, Financial Standard investigates the big themes, the surprises and what has been missed amongst the more than 250 publicly ...

Market wrap AM

AAP  |  THURSDAY, 24 APR 2014
The Australian market looks set to open higher despite Wall Street closing lower following a broad sell-off of tech stocks. At 0645 AEST on Thursday, the June share price index futures contract was up 20 points at 5,529. Locally, no major economic news ...

Market wrap

AAP  |  WEDNESDAY, 23 APR 2014
The stockmarket has opened stronger for the fifth consecutive session, thanks to another strong lead from Wall Street. The S&P/ASX200 pushed above 5,500 points soon after the open, for the first time since mid-2008. Rivkin global investment manager ...

Market Wrap AM

AAP  |  WEDNESDAY, 23 APR 2014
The Australian market looks set to open higher after Wall Street was pushed upward by solid earnings and major pharmaceutical-sector deals. At 0805 AEST on Wednesday, the June share price index futures contract was up 22 points at 5,494. The Dow Jones ...

Market wrap

AAP  |  TUESDAY, 22 APR 2014
... 26 cents to $35.20 and National Australia Bank was 15 cents higher at $35.51. Telstra was two cents stronger at $5.15. On Wall Street, the Dow Jones Industrial Average advanced 40.71 points, 0.25 per cent, to 16,449.25 points as solid earnings reports ...

Market wrap AM

AAP  |  TUESDAY, 22 APR 2014
The Australian market looks set to open higher after Wall Street finished higher as solid earnings reports from Halliburton and others kicked off the busiest week of the quarterly earnings season. The June share price index futures contract finished ...

US fight over adviser fiduciary rules nears end

ALEX DUNNIN  |  THURSDAY, 17 APR 2014
... approaching resolution, the price of this resolution is that it has retreated back to just improved disclosure rules. The Wall Street Journal has reported that the US Securities Exchange Commission (SEC) is soon to announce its final position on the ...

Knight Janet

BENJAMIN ONG  |  THURSDAY, 17 APR 2014
... a knight in shining armour From a long time ago Just in time I will save the day..." - Glory of Love 'Twas a yahoo day on Wall Street overnight not only because of the 6.3% rally in Yahoo, Inc's share price - on better than predicted revenue and bottom ...

Market wrap AM

AAP  |  THURSDAY, 17 APR 2014
The Australian market looks set to open higher after Wall Street rose for its third session on positive economic news. At 0645 AEST on Thursday the June share price index futures contract was up 17 points at 5,424. March US home construction and industrial ...

Flash Boys is 'complete nonsense': CMCRC

MARK SMITH  |  WEDNESDAY, 16 APR 2014
... released two videos commenting on the anti-HFT sentiment stirred up by the release of Michael Lewis's new book Flash Boys: A Wall Street Revolt. CMCRC CEO Professor Michael Aitken, who has conducted multiple academic studies on HFT, said that there was ...