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General

Midday market wrap: Australian shares a little higher

AAP  |  FRIDAY, 25 JUL 2003
The Australian share market defied losses overnight in offshore markets, trading a  touch stronger in the morning session...

CARE Super continues purple patch with 4% returns on balanced option

CARE Super, a not-for profit superannuation fund catering to office-based employees, today announced that has returned a positive result to its members with a four per cent return through its default balanced...

UBS Global Asset Management makes new appointments

UBS Global Asset Management (UBSGAM) has appointed Colin Woods as new head of its Australian operations, following the transfer of John Larum to a new position in London.

Morning market wrap: US bonds weaker on strong labour data

US bond yields renewed their ascent of recent weeks, spurred by data showing an improving employment outlook...

Mixed fortunes for embattled Elliott

The Victorian Court of Appeal today refused to stay a $1.428 million compensation order against embattled Melbourne businessman John Elliott.

Afternoon market wrap: Shares edge up in late trade

The Australian share market continued to defy losses in US markets overnight, creeping higher throughout the afternoon session...

Morningstar awards three stars to Zurich

Morningstar has given a three star rating to Zurich Financial Services in Australia for its latest international equities sector strength rating released today...

Senator Sherry highlights the need for action on the back of poor super stats

The Shadow Minister for Retirement Incomes and Savings, Senator Nick Sherry, has said that poor returns...

Australian trade gap widens due to stronger dollar, more imports: economists

Economists have said today that Australia’s monthly trade gap is expected to have widened to at least $2 billion in June as the stronger Australian dollar...

Local rate cut still possible: ICAP

The RBA could cut rates after August if house prices and credit demand settle, despite the prospect of US bond yields heading towards 5%, says a leading interdealer broker.