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Economics

Inhouse investment consulting on the rise

ALEX DUNNIN  |  TUESDAY, 21 AUG 2007
As super funds become more sophisticated, they are not only driving their investments harder but building their own investment teams, so they can work more collaboratively with the asset consultants.

The big bounce

SUZY MAC  |  TUESDAY, 21 AUG 2007
In a $60 billion bounce, the Australian share market posted its best one-day session in a decade regaining most of the $70 billion wiped out during last week's rampant volatility.

Market Wrap - Morning

AAP  |  TUESDAY, 21 AUG 2007
The Australian sharemarket is expected to open higher today with a flat lead from the US and generally buoyant trade amongst the metals.

Market Wrap - Midday

AAP  |  MONDAY, 20 AUG 2007
Australian stocks were firmer at noon, after the US Federal Reserve's market intervention last Friday gave impetus to the local bourse.

Fed shoots from the hip

SUZY MAC  |  MONDAY, 20 AUG 2007
In a huge turnaround of priorities, the US Federal Reserve, which last week was more concerned about inflation than a sub-prime activated credit crunch, decided to cut its discount rate by 0.5 per cent to 5.75 per cent.

Market wrap - morning

AAP  |  MONDAY, 20 AUG 2007
The Australian sharemarket is expected to open significantly higher today after the US Federal Reserve took action to stabilise credit markets, which lifted US markets.

Market Wrap - Midday

AAP  |  FRIDAY, 17 AUG 2007
After a volatile morning, Australian stocks were firmer at noon, after Wall St made a spectacular recovery shortly before close overnight to end mixed.

Bear claws and database gremlins

SUZY MAC  |  FRIDAY, 17 AUG 2007
Panicked bear-phobic investors and a dodgy database sent our market half way to a crash just before 2pm yesterday in one of its biggest losses in seven years.

Super changes push SMSFs through planner doors

CHRIS NICHOLLS  |  FRIDAY, 17 AUG 2007
Thanks to recent changes in superannuation laws, 55 per cent of all self managed super fund (SMSF) trustees now use planners, up from a third in December 2005, according the latest AMP/Investment Trends Self Managed Super Funds: Investor and Planner ...

Market Wrap - Morning

AAP  |  FRIDAY, 17 AUG 2007
The Australian share market is expected to continue clawing back ground when it opens today, despite a neutral lead from Wall Street and lower base metal prices.