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Economics

Market wrap - morning

AAP  |  TUESDAY, 13 FEB 2007
The Australian share market is expected to open weaker after a poor lead from Wall Street. On the Sydney Futures Exchange at 0705 AEDT, the March share price index contract was down 17 points at 5879.

Market wrap - midday

AAP  |  MONDAY, 12 FEB 2007
The Australian stock market was weaker at noon with profit taking and a flat lead from Wall Street weighing on the market.

Daily economic round-up

PETER BELL  |  MONDAY, 12 FEB 2007
The Australian housing industry continues to display pent up momentum with the latest ABS data showing that despite the three interest rate hikes of last year there were increases over the period of November to December of 1.1 per cent in the value of ...

Real estate gets Hi Q

A double-digit return in a single-digit world? Real Estate Capital Partners (RECP) has launched an income fund called 'Hi Q' that aims to deliver a high 10.63 per cent income per year by adding derivatives to the mix.

Market wrap - morning

AAP  |  MONDAY, 12 FEB 2007
The Australian share market is expected to weaker after a poor lead from Wall Street. On the Sydney Futures Exchange at 0705 AEDT, the March share price index contract was down 27 points at 5881.

Market wrap - midday

AAP  |  FRIDAY, 9 FEB 2007
The Australian stock market continued its strength of recent days, ignoring a fall on Wall Street and anticipating a fresh inflow of capital from dividend distributions after the current reporting season. Shaw Stockbroking head dealer Jamie Spiteri said ...

Phoenix won't rise from $1b fraud

The court case against Phoenix, a German hedge fund that embezzled more than $1 billion from 30,000 companies and individuals draws to a close next month, two years after the fraud was uncovered.

Daily economic round-up

PETER BELL  |  FRIDAY, 9 FEB 2007
Labour force data released from the Australian Bureau of Statistics shows that on a seasonally adjusted basis there has been a decrease of 11.6 per cent in unemployed persons over the last year to 492,000.

Market wrap - morning

AAP  |  FRIDAY, 9 FEB 2007
The Australian share market is expected to open flat with little lead from Wall Street and patchy commodity prices. On the Sydney Futures Exchange at 0706 AEDT, the March share price index contract was down two points at 5869.

Beware of hedge risk: Deloitte

Many hedge fund providers are not using best-practice guidelines such as external administrators or independent valuations of their assets, according to the latest global hedge fund industry survey by Deloitte.