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Economics

Market wrap - morning

AAP  |  WEDNESDAY, 16 MAY 2007
Although the Dow Jones closed higher amid signs of stabilising inflation, the S&P 500 Index and the Nasdaq declined. The local market will will likely take a cue from the mostly stronger base metals overnight.

Market wrap - midday

AAP  |  TUESDAY, 15 MAY 2007
Lower commodity prices drove the Australian sharemarket lower at midday, with the big miners losing ground. At 1200 AEST, the benchmark S&P/ASX200 index was down 37 points at 6308.1, while the all ordinaries lost 35.2 points to 6311.5.

Planning business gives teachers bad advice

HAMISH MADDEN  |  TUESDAY, 15 MAY 2007
A Sydney financial planning business targeting teachers has been found guilty of providing super switching advice that was misleading or deceptive.

Zenith recommends Macq's Fusion Funds

CHRIS NICHOLLS  |  TUESDAY, 15 MAY 2007
Macquarie's capital protected Fusion Funds have been awarded a 'recommended' rating by Zenith Investment Partners.

Accommodation shopping? Try the local mall

SUZY MAC  |  TUESDAY, 15 MAY 2007
Many home-hunters may be better off heading for the local shopping centre. According to the latest figures property investment is back, but rather than putting a roof over our heads the money is going into shopping spaces.

Mile high wages club to soar

SUZY MAC  |  TUESDAY, 15 MAY 2007
With a tight labour market and skills shortages pumping up wages, commercial pilots look to be next to join the mile-high club in wages growth, adding to recent burgeoning national wages growth.

Market wrap - morning

AAP  |  TUESDAY, 15 MAY 2007
With takeover talk still running through global equity markets and a positive lead from New York, the local market is likely to open higher today. At 0806 AEST on the Sydney Futures Exchange, the June share price index contract was down 36 points to ...

Market wrap - midday

AAP  |  MONDAY, 14 MAY 2007
The Australian share market maintained its strength at noon as it followed the strong lead from the US market and shares in Leighton Holdings soared after a profit upgrade.

China's market party gets louder

SUZY MAC  |  MONDAY, 14 MAY 2007
China's stock market party is getting wilder and no one is listening to calls to turn the music down - it seems that investors are just having too much fun.

Market wrap - morning

AAP  |  MONDAY, 14 MAY 2007
The Australian share market is expected to open firmer following a positive lead form the US, as stocks rebounded on reassuring inflation news that may give the Federal Reserve room to lower interest rates. At 0850 AEST the Sydney Futures Exchange, the ...