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Superannuation

Bravura IT signs BNY deal

Bravura Solutions' business story may not be tagged as one of Australia's best export stories just yet but it comes very close after it signed a Bank of New York software deal that made it the IT backbone behind $750 billion in funds under administration ...

Daily Economic Round Up

PETER BELL  |  FRIDAY, 17 NOV 2006
A buoyant economy has created strong demand for professionals particularly in the engineering field where new graduates are commanding starting salaries of $50-60,000.

Market Wrap

AAP  |  FRIDAY, 17 NOV 2006
The Australian sharemarket is expected to open down today after metals prices were mixed overnight.

Market Wrap - midday

AAP  |  THURSDAY, 16 NOV 2006
The Australian stock market was down at noon as concerns about a slowing US economy kept local resource stocks at bay despite a recovery in commodity prices overnight.

Member investment arbitraging hits GESB: reports

ALEX DUNNIN, MICHELLE BALTAZAR  |  THURSDAY, 16 NOV 2006
Poor fund design will cost superannuation funds millions of dollars unless they start to upgrade their outdated or inadequate investment reporting systems.

Beware of black box trading software: Bourse Data

Stock trading group Bourse Data has cautioned share investors against relying on 'black box' investment software programs which have flooded the market in the past few years.

CPA gives guidance on SMSFs

Peak accounting body CPA Australia has developed a set of guidelines to help members who are advising their clients about SMSFs.

Modern kids are consumer savvy: CommBank

ALEX DUNNIN  |  WEDNESDAY, 15 NOV 2006
Just when we thought we'd seen the last of those financial literacy surveys, a new study of secondary school students has found half don't understand the word 'debit' while only one-quarter know what the word 'credit' means. But the surprising result ...

SMSFs are about control not speculation: IFSA

ALEX DUNNIN  |  WEDNESDAY, 15 NOV 2006
A new survey has found half of all self managed super fund members are aged 55 or younger who want control over their money rather than higher risk.

US slowdown won't hurt China

ALEX DUNNIN  |  WEDNESDAY, 15 NOV 2006
Fitch Ratings is optimistic China's economic growth will be unaffected by slowing US growth.