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Economics

Market wrap - morning

AAP  |  WEDNESDAY, 24 JAN 2007
The Australian share market is expected to push further into record territory today following a surge in commodity prices and a Wall Street rally overnight. On the Sydney Futures Exchange at 0722 AEDT, the March share price index contract was trading ...

Market wrap - midday

AAP  |  TUESDAY, 23 JAN 2007
The Australian stock market was weaker at noon today as the bourse retreated from yesterday's record rally. CMC Markets analyst David Land said the market was largely correcting itself after yesterday's run to new record highs.

Equities the pick of the pack in 2007: Russell

NICK OLIVER  |  TUESDAY, 23 JAN 2007
Equities will maintain their position as the best performing asset class in 2007 thanks to strong demand, attractive valuations and a benign macroeconomic backdrop, according to Russell Investment Management.

Daily economic round-up

PETER BELL  |  TUESDAY, 23 JAN 2007
Opposition Leader Kevin Rudd has criticised the Federal Government's record on productivity citing a report by the OECD which says that Australia's spending on higher education has fallen by 7 per cent over the last decade.

Market wrap - morning

AAP  |  TUESDAY, 23 JAN 2007
The Australian share market is expected to pull away from yesterday's record highs following a softer Wall Street lead. On the Sydney Futures Exchange at 0731 AEDT, the March share price index contract was trading down 29 points at 5,679.

Market wrap - midday

AAP  |  MONDAY, 22 JAN 2007
The Australian stock market was higher and in record territory at noon today, boosted by the resources sector. ABN Amro Morgans private client adviser Simon Ferguson said the resources sector was providing most of the drive on the back of higher prices ...

Daily economic round-up

PETER BELL  |  MONDAY, 22 JAN 2007
The Housing Industry Association/Commonwealth Bank Affordability Index has reached its worst level since the index began in 1984, according to the latest release.

BT appoints private bank GM

NICK OLIVER  |  MONDAY, 22 JAN 2007
BT Financial Group has announced the appointment of a new general manager of the Westpac/BT Private Bank.

Don't put all your credit in one basket

Diversified fixed income funds are likely to beat traditional fixed income funds this year due to stable credit markets and stock-specific risk, according to fixed income specialist Deutsche Asset Management.

Market wrap - morning

AAP  |  MONDAY, 22 JAN 2007
The Australian share market is expected to open firmer following a commodity price rally and a strong Wall Street lead. On the Sydney Futures Exchange at 0724 AEDT, the March share price index contract was trading up 36 points at 5,690.