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General

CBA's First State expands into China

First State investments, a wholly owned subsidiary of the Commonwealth Bank of Australia (CBA), has announced its China funds management venture...

Midday market wrap: All Ordinaries up slightly

The Australian share market was modestly stronger in early morning trade, following gains overnight in major US markets...

Housing finance rises 3.4% in April: ABS

Housing finance for owner occupation rose 3.4 per cent in April to $9.36 billion as compared to the $9.05 billion in March...

Unemployment rate drops to 6% in May: ABS

The Australian unemployment rate for May dropped 0.1 per cent to 6% from April’s figures, the Australian Bureau of Statistics (ABS) said today...

Mike Wilkins elected ICA president

Promina Group Ltd has announced its managing director and CEO Mike Wilkins has been elected president of the Insurance Council of Australia (ICA)...

Survey reveals reduced investor confidence in managed funds

Australian investors with margin loans believe managed funds are equally as risky as shares and so are more likely to gear directly into equities this year...

Morning Market Wrap: US Stocks End Up On Signs of Improving Sentiment

US stocks posted a second consecutive gain, fuelled by a major brokerage house lifting its recommendation on International Business Machines Corp.

Afternoon Wrap: All Ordinaries Drifts Higher

The Australian share market continued to drift higher in afternoon trade

Former IWL Executives Aim High, Establishing Zenith Investment Partners

Specialist and emerging products poorly covered by the research market will form the basis of a new premium research consulting business, just launched by two former IWL executives

AMP updates demerger process

Ahead of the June 13 closure of the fully underwritten share purchase plan, the AMP board has provided an update on the progress of the demerger proposal...