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| | | ... probably a little disappointing. "But at the same time, it comes with a positive spin in that it makes the possibility of an interest rate cut somewhat more likely." Elsewhere on the market, local players poured into energy stocks on Thursday after oil ... |
| | | | ... income fund with $28 million FUM. "This was done after a review of AXA mortgage funds and we decided it was in the best interest of unit holders to wind up the fund and begin returning capital to investors," AXA told Financial Standard. Investors will ... |
| | | | Anyone who thinks the Reserve Bank was about to cave into pressure for lower interest rates to take pressure of the AUD should read their rates decision statement from yesterday because it seems they were closer to lifting them than they were to lowering ... |
| | | | ... The Australian dollar was lower at noon, amid quiet trading conditions as market players waited for this afternoon's interest rate decision from the local central bank. At 1200 AEST, the Australian dollar was trading at 105.27 US cents, down from Monday's ... |
| | | | ... with dire warnings is Reserve Bank governor and the nation's de facto chief economist, Glenn Stevens who said it's not interest rates making Australia's housing expensive but lack of supply. "How is it that a country of our size - we are not short of ... |
| | | | ... along with housing finance for July. The Reserve of Australia (RBA) holds its monthly board meeting and announces its interest rate decision. The NSW government hands down its budget. There is no major equities news. In Australia, the market on Monday ... |
| | | | The FOFA best interest duty proposals will level the playing field with advisers free to compete with super funds for intrafund advice clients, according to Paul Barrett, general manager advice and distribution, ANZ Wealth. The best interest test, as ... |
| | | | A Western Australian man has been sentenced to over three years in jail by the Perth District Court, in a case brought by ASIC. A reparation order of $1.7 million was also made. On 26 September 2008, ASIC suspended the Australian financial services ... |
| | | | ... massive week for local economic data, with the Reserve Bank of Australia (RBA) meeting for its September board meeting and interest rate decision on Tuesday and national accounts and labour force data due later in the week. "We don't believe the RBA ... |
| | | | Separately managed account growth is driving interest in the concentrated Australian equity fund sector, research house Lonsec has said. Lin Ngin, senior investment analyst for Lonsec, said there had been an increase in concentrated strategies, with ... |
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