The ASX 200 once again pushing throughout the day, to finish up 1.6% and the S&P 500 similarly strong, finishing 0.9% higher.
Australian share market is expected to open higher on Tuesday with the SPI futures pointing to a positive open. Here’s what’s making headlines.
The Australian share market and ASX 200 is expected to open higher on Tuesday with the SPI futures pointing to a positive open. Here’s what’s making news.
All over the share market, investors are stress-testing their dividends – although, until they see what their portfolio companies actually do with regard to dividends, this largely involves prudent recalibration of expectations. Take National Australia Bank, for example, which slashed its interim dividend from 83 cents to 30 cents, a drop of 64%. Westpac, ANZ…
If financial advice is provided to an SMSF it is important that the adviser consider both the personal circumstances of the members and of the fund itself, the ombudsman has ruled. A husband and wife, both directors of a self-managed super fund corporate trustee and also the members of the fund, visited a financial planner…
Investing in a Platinum Asset Management fund to gain international equity exposure is no longer a done deal after it had a mixed outcome in its latest ratings, with three funds downgraded and one upgraded to gold. Research house Morningstar downgraded Platinum International, Platinum Global and Platinum Unhedged to bronze due to “a lack of…
Here’s why we’ve avoided bank shares for over 5 years…
The final week of April left investors around the world with a conundrum: to follow markets, or the economic data?
The final week of April left investors around the world with a conundrum: to follow markets, or the economic data?
Most of us have not experienced the current level of government and institutional direction of our lives. The impact on business is likely to be profound. Banks are possibly the best example, where their every move is dictated by policy from monetary and political authorities. Who can they lend to, at what rate, where should…