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Economics

Market wrap - morning

AAP  |  FRIDAY, 24 AUG 2007
The Australian sharemarket is expected to open lower today after comments by the largest US mortgage company on the economic outlook drove stocks down in New York.

Market wrap - midday

AAP  |  THURSDAY, 23 AUG 2007
The Australian sharemarket was stronger at noon buoyed by positive local company earnings results and overnight gains on Wall Street.

BT cuts wrap prices

CHRIS NICHOLLS  |  THURSDAY, 23 AUG 2007
BT Financial Group has announced a new relationship pricing program to lower the cost of investing for BT Wrap and BT SuperWrap customers.

Councils exposed

SUZY MAC  |  THURSDAY, 23 AUG 2007
Almost a year ago, when local councils started developing an appetite for Collateralised Debt Obligations (CDOs) after tasting their higher yields, concerns were raised over their involvement these kind of riskier investments.

Market Wrap - Morning

AAP  |  THURSDAY, 23 AUG 2007
The Australian sharemarket is expected to open higher today after stronger overnight metal prices and gains in the US.

Market Wrap - Midday

AAP  |  WEDNESDAY, 22 AUG 2007
The Australian sharemarket was mixed at noon after opening lower this morning.

Surplus surpluses and soaring profits

SUZY MAC  |  WEDNESDAY, 22 AUG 2007
While uncertainty is still producing some gasps on US markets, our local markets are breathing easier and supported further by favourable economic indicators.

Government in fund frenzy

CHRIS NICHOLLS  |  WEDNESDAY, 22 AUG 2007
The Federal Government continued its fund creation blitz yesterday with announcement of a new Health and Medical Infrastructure Fund, adding to the new Higher Education Endowment Fund and the Future Fund.

Market Wrap - Morning

AAP  |  WEDNESDAY, 22 AUG 2007
The Australian sharemarket is expected to open lower today after a mixed result on Wall Street and falls in some commodity prices.

Market Wrap - Midday

AAP  |  TUESDAY, 21 AUG 2007
The Australian share market had slightly improved at noon after a lacklustre opening this morning.