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Economics

Market Wrap - Midday

AAP  |  THURSDAY, 6 SEP 2007
The Australian sharemarket was sluggish at noon following a decline on Wall Street and weaker base metal prices.

Knee jerk over little Beige Book

SUZY MAC  |  THURSDAY, 6 SEP 2007
Unlike your average little black book the US Federal Reserve board's Beige Book gets special attention from the markets and can wreak havoc, as was evident in the US overnight.

Market Wrap - Morning

AAP  |  THURSDAY, 6 SEP 2007
Stocks on the Australian sharemarket are expected to open with sharp losses, as declines on Wall Street combine with weaker base metal prices to drag down the local market.

Market Wrap - Midday

AAP  |  WEDNESDAY, 5 SEP 2007
The Australian sharemarket was in positive territory at noon, fuelled by a solid lead from Wall Street overnight and Australia's strong gross domestic product figures released yesterday.

PIS pre-empts NZ adviser surge

CHRIS NICHOLLS  |  WEDNESDAY, 5 SEP 2007
Professional Investment Services New Zealand has announced it will purchase more financial advice and insurance businesses in a possible pre-emptive move to accommodate investors rushing to seek advice after KiwiSaver kicks in.

Rough ride may be over

SUZY MAC  |  WEDNESDAY, 5 SEP 2007
The S&P ASX/200 closed at its highest in almost six weeks yesterday, equating to a near full recovery from the sub-prime credit crunch.

Market Wrap - Midday

AAP  |  TUESDAY, 4 SEP 2007
The Australian sharemarket was in positive territory at noon led strong strong gains in the resources and energy sectors.

Sydney on $24 million a day

SUZY MAC  |  TUESDAY, 4 SEP 2007
There's nothing like waking up to the joyful chirping of Black Hawk helicopters and protesters performing their morning ablutions under the energetic stream of a $600,000 water cannon.

Market Wrap - Morning

AAP  |  TUESDAY, 4 SEP 2007
The Australian share market is expected to open to modest declines with no lead from the US and weaker base metal prices weighing on the local scene.

Market Wrap - Midday

AAP  |  MONDAY, 3 SEP 2007
The Australian sharemarket started the week in full stride, after US President George Bush and Federal Reserve Chairman Ben Bernanke reassured US investors they would work to rectify recent market troubles.