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General

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.

Higher gross salaries in recent times amongst Australians: ABS

The Australian Bureau of Statistics (ABS) in its latest release of household incomes and income distribution has said that income tax liability of households had increased...

Midday market wrap: Australian shares broadly unchanged in quiet trade

The Australian share market drifted sideways in morning trade, without a strong lead overnight from major offshore markets.

Morningstar awards moderate three-star rating for IOOF's international equities

Morningstar announced today that it had awarded a moderate three-star rating to IOOF’s $110 million international equities fund managed by Perennial Investment Partners...