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Economics

Skandia upgrades client support

ALEX DUNNIN  |  THURSDAY, 2 AUG 2007
Skandia is upgrading how they support their key dealership partners by introducing three levels of support that include account management, relationship management and centralising how they manage ongoing liaison between their key accounts and Skandia's ...

Sub-prime contamination causes market carnage

SUZY MAC  |  THURSDAY, 2 AUG 2007
Australian sharemarkets suffered a $48 billion bloodbath yesterday after the 'millionaire's factory' warned of $300 million losses wiping out a quarter of the value of two of its investment funds.

Market wrap - midday

AAP  |  WEDNESDAY, 1 AUG 2007
After opening in the red, the Australian share market continued to flounder at noon in the wake of further troubles on US markets.

Water's potential to float

SUZY MAC  |  WEDNESDAY, 1 AUG 2007
With Federal and State Governments drowning in debate over how best to manage water, Citi has published economic research on the use of market forces and price to allocate this scarce resource.

Market wrap - morning

AAP  |  WEDNESDAY, 1 AUG 2007
After staging a slight recovery yesterday, the Australian share market is expected to open lower today with New York struggling again as investors remained sensitive to news about worsening lending conditions. At 0651 AEST on the Sydney Futures Exchange ...

Market wrap - midday

AAP  |  TUESDAY, 31 JUL 2007
The Australian share market continued its recovery at noon, buoyed by a strengthening US market and improved commodity prices. At 1200 AEST, the benchmark S&P/ASX200 Index was up 10.1 points at 6118.9 while the All Ordinaries rose 15.8 points to 6162.3.

Green light over red tape

SUZY MAC  |  TUESDAY, 31 JUL 2007
The hints haven't exactly been subtle, but State Governments are finally moving to fast-track more than $40 billion in infrastructure projects.

Market wrap - morning

AAP  |  TUESDAY, 31 JUL 2007
The Australian share market is expected to open higher today following a recovery on Wall Street overnight. At 0728 AEST on the Sydney Futures Exchange, the September share price index was up 55 points to 6128 on a volume of 3,493 contracts.

Market wrap - midday

AAP  |  MONDAY, 30 JUL 2007
The Australian share market at noon was marginally weaker but did not replicate the big falls seen on United States markets on Friday.

From rooster to feather duster

SUZY MAC  |  MONDAY, 30 JUL 2007
What a difference a week can make. A little more than a week after the Dow Jones average hit a record high, on Thursday the share market began a backward landslide.