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General

New York-based Sterling Grace Corporation invests in OFM

Listed funds manager and financial services company OFM Investment Group Limited (OFM) has announced that the Sterling Grace Corporation...

Afternoon market wrap: Shares run out of steam

The All Ordinaries index ran out of steam somewhat in the afternoon session, eroding gains earlier in the day...

Abacus launches new property fund

Abacus Property Group (ABP) has today announced the launch of the Abacus Diversified Income Fund that will be managed by Abacus Funds...

Snowball announces $1.3 million capital raising

Listed financial planning group Snowball has announced a capital raising that it says will enable the company to move more quickly...

AMP appoints Lockery to head of corporate super

AMP Australian financial services has appointed Ken Lockery as head of corporate superannuation strategy...

Adelaide financial adviser sentenced to a year in jail

David Mudge, former financial adviser for Windsor Gardens in Adelaide, has been sentenced in Adelaide’s District Court on a charge...

Adelaide Bank on track for record profit

Adelaide Bank is on track to report a record profit, aiming to record at least 10 per cent earning per share growth and a return on equity exceeding 15%...

Midday market wrap: AMP sinks beneath $5.00

The truncated trading week started on a slightly softer note, with AMP sliding back below $5.00 during the morning session...

Business conditions still strong despite slowdown: National

The Australian economy is slowing down but business conditions remain relatively strong, according to the latest National Australia Bank (NAB) monthly business survey...

Super funds and master trusts back domestic share prices: survey

Super funds and master trusts are highly confident that Australian share prices will rise over the next six-to-12 months...