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Economics

Market wrap - morning

AAP  |  FRIDAY, 9 MAR 2007
The Australian share market is expected to open higher following a strong lead from Wall Street. On the Sydney Futures Exchange at 0731 AEDT, the March share price index contract was up 23 points at 5,840.

Market wrap - midday

AAP  |  THURSDAY, 8 MAR 2007
Australian stocks were still down at midday, in a slump sparked by a decline on Wall St. At 1200 AEDT, the benchmark S&P/ASX200 index was 25.8 points lower at 5799.5, while the all ordinaries dropped 23.9 points at 5,779.4.

CFS rebuilds infrastructure for $1.2b play

Colonial First State Global Asset Management (CFSGAM) has rejigged the top management of its infrastructure investments team ahead of plans to raise $1.2 billion from the institutional market.

Daily economic round-up

PETER BELL  |  THURSDAY, 8 MAR 2007
The Australian National Accounts were released yesterday showing that in seasonally adjusted terms GDP increased by 1 per cent during the December quarter which is the highest growth since June 2005.

Market wrap - morning

AAP  |  THURSDAY, 8 MAR 2007
The Australian share market is set to open lower following a negative lead from Wall Street. On the Sydney Futures Exchange at 0817 AEDT, the March share price index contract was down seven points at 5,801.

Market wrap - midday

AAP  |  WEDNESDAY, 7 MAR 2007
The Australian share market has opened higher on cue with a rebound in sentiment on international markets. At 1015 AEDT, the benchmark S&P/ASX200 index was up 41.8 points at 5,813.60, while the all ordinaries gained 44 points at 5,793.90.

Lock up your gains: AUI

The recent share market volatility should serve as a reminder to investors, particularly those approaching retirement, to adequately protect their investments, said David Bryant, head of Australian Unity Investments.

BankWest launches online international trade system

BankWest, part of the HBOS Australia group has launched a new online international trade system designed to help businesses transact faster and safer over the internet, even on slow IT networks.

Daily economic round-up

PETER BELL  |  WEDNESDAY, 7 MAR 2007
Following its most recent meeting about interest rates the Reserve Bank has expectedly decided not to raise interest rates and the cash rate remains unchanged at 6.25 per cent.

Market wrap - morning

AAP  |  WEDNESDAY, 7 MAR 2007
The Australian share market is set to open higher following a rebound in investor sentiment on international markets. On the Sydney Futures Exchange at 0744 AEDT, the March share price index contract was up 49 points at 5,817.