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Economics

Australia trailing towards the future

CHRIS NICHOLLS  |  FRIDAY, 1 JUN 2007
Despite all the positive talk, Australia's growth seriously lags behind the global average and is even more unimpressive given the mining boom we currently enjoy, according to futurist Neville Norman.

Market wrap - midday

AAP  |  FRIDAY, 1 JUN 2007
The Australian share market continued its positive run from yesterday, following Wall Street's bluechips' record high and mostly higher commodity prices overnight. At 1013 AEST, the benchmark S&P/ASX200 index was ahead 16.2 points to 6,329.7.

Advisers need to think small for big profits

Financial advisers are missing out on a $3.76 trillion market by not engaging with the small to medium-size Australian business sector, according to Brian Boggs of financial planning and education company ili.

Massive inflows see new ideas

CHRIS NICHOLLS  |  FRIDAY, 1 JUN 2007
The Australian wealth management industry's embarrassment of riches is forcing a new way of thinking upon the industry, according to Rainmaker's Alex Dunnin.

Caught in the Web 2.0

Fund managers and financial planners should start using social computing tools such as wikis and blogs to engage investors and retain staff, said technology expert and Longhaus' managing director, Peter Carr.

Boomers can be choosers

Investment product design expert Paul Resnik has urged financial planners to abandon traditional methods of providing financial advice if they want to establish a meaningful relationship with their clients.

Economic round-up: Circle your wagons

SUZY MAC  |  FRIDAY, 1 JUN 2007
While we continue to ride the resources boom, it seems that our cash starved infrastructure is beginning to hit the country's coffers where it hurts - in the mining sector.

Market wrap - midday

AAP  |  THURSDAY, 31 MAY 2007
Australian stocks were higher at noon, boosted by the key resources and banking sectors, with others following suit. At 1200 AEST, the benchmark S&P/ASX200 Index had charged ahead 81 points to 6324.4, while the all ordinaries advanced 77.5 points to ...

Market wrap - morning

AAP  |  THURSDAY, 31 MAY 2007
The Australian market is expected to open higher, tracking a surge on Wall Street. On the Sydney futures exchange at 0739 AEST, the June share price index was up 47 points at 6310.

Market wrap - midday

AAP  |  WEDNESDAY, 30 MAY 2007
The Australian share market remained weaker at noon, amid lingering fears the Chinese Government will lift interest rates to bring its raging sharemarket off the boil. At 1212 AEST, the benchmark S&P/ASX200 Index was down 34.4 points to 6313.7, despite ...