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General

Perpetual Trustees to replace Bradley as managing director

Perpetual Trustees has announced that managing director Graham Bradley is to be replaced after conducting a strategy review that concluded “the timing was right”...

Crean reaffirms opposition to Telstra sell-off

Opposition Leader Simon Crean has said that he is committed to ensuring there will be no further Telstra sell-off...

FPA launches free advice 'hotline'-for one day only

The Financial Planning Association (FPA) is to set up free financial advice ‘hotline’ on May 28 in a bid to encourage consumers who haven’t received advice from a financial planner before...

Abacus buys Victorian industrial property for $11.1 million

The Abacus Property Group has announced the acquisition of an industrial property at Redwood Gardens Industrial Estate, Dingley, Victoria for $11.1 million...

Retail managed fund assets down 1.6% in March quarter

Australian retail managed fund assets decreased 1.6 per cent to $286.14 billion over the three months to March 31, according to Morningstar...

Midday market wrap: Promina continues to shine

The All Ordinaries index edged marginally lower during the morning session but Promina continued to move in the opposite direction, adding another $0.05...

Analysis: Fund managers upbeat on Australian equities

Ninety-one per cent of fund managers, asset consultants and research houses are confident that Australian share prices will rise in the next six-to-12 months, according to the latest Financial Standard Intelligence Unit market expectations survey...

Unsecured Stockford creditors to get 50-100% returns

Unsecured creditors of the liquidated accounting and financial services group Stockford are set to receive between $0.50 and $1.00 for every dollar owed...

Telstra Super unveils revamped investment strategy

Telstra Super has announced that it will implement a series of changes across its Member Investment Choice (MIC) options from July 1...

Mortgage broking industry posts record growth in December quarter

The total value of home loans generated by brokers has for the first time exceeded $10 billion...