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General

Trustees and managers must take active role in governance: ALP

Shadow Minister for Finance, Small Business and Financial Services Senator Stephen Conroy has again called upon institutional investors take a greater role in ensuring that the companies they invest in are well governed...

Midday market wrap: All Ordinaries gain slightly

The All Ordinaries gained 0.4 per cent in trading at lunch with a rise of 12.7 points to 2958.20. AMP shares fell 3.5% to $5.25, while Promina shares went into reverse gear...

Tax amendments set to improve Australia-US investment: Costello

Opportunities for increased trade and investment flows between the United States and Australia will be improved as a result of amendments to the Double Tax Treaty...

Assirt upgrades Citigroup's Australian equities management

Assirt has upgraded Citigroup Asset Management’ (CitiAM) Australian equities rating to ‘strong’...

Macquarie announces 33% profit surge to $333 million

Macquarie Bank today announced a $333 million profit for the year ended March 31, an increase of 33 per cent from the $250 million profit in the corresponding period last year...

Morning market wrap: Dow Jones at four-month high

The Dow Jones recorded its second day of strong gains as investors continued where they left off on Friday, lifting the index to its highest point since mid-January...

Afternoon market wrap: All Ordinaries close higher

The All Ordinaries closed trading in positive territory by 6.6 points to 2952.10. AMP shares continued the downward swing...

Budget will set the tone for upcoming economic debates: ICAP

Tonight's Budget is unlikely to have a sizeable immediate impact on financial markets, but it will set the tone for some of the economic debate in coming months...

BT small caps rated three stars by Morningstar

Morningstar has given a three star rating to BT Financial Group’s (BTFG) small capitalisation growth at a reasonable pace (GARP) value investment process in its latest assessment...

No time for complacency despite economic resilience: CEDA

Australia’s improved competitiveness should not give rise to complacency about its economic performance, Committee for Economic Development Australia (CEDA) chief executive officer David Edwards warned today...