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Sharemarket Wrap 6 March 2012

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Submitted by Financial Adviser on Tue, 03/06/2012 - 16:49

The All Ordinaries index lost 58.7 points to end the day lower at 4,295.5.   S&P/ASX200 lost 58.3 points or 1.37% to 4,204.7.  Yesterday we posted that actually expected this drop.  Read here  And if it does not drop by MORE than -1% tomorrow at the open I will eat my hat!

Sharemarket Wrap 17 Feb 2012

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Submitted by Financial Adviser on Fri, 02/17/2012 - 17:58

The All Ordinaries index gained 16.1 points to end the day 0.38% higher at 4,273.3.

ANZ Names Global Wealth Boss Amid “Major Upheaval”

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Submitted by Financial Adviser on Thu, 02/16/2012 - 21:38

Australia and New Zealand Banking Group has announced a shake-up within its senior leadership ranks, including the promotion of a new wealth management chief.

Dividends or Cash rate?

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Submitted by Financial Adviser on Thu, 01/12/2012 - 21:12

What do Aussie banks pay in dividends?  Did you know you can invest in bank shares and warrants reducing tax on superannuation contributions and income?

Tuesday Market Wrap 10 Jan 2012

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Submitted by Financial Adviser on Tue, 01/10/2012 - 17:06
The resources sector led a broad-based recovery in the Australian share market after Wall Street edged higher in spite of falls on European markets.
The All Ordinaries rose 45.1 points (1.08%) to 4,206.6 while the S&P/ASX 200 firmed 46.8 points (1.14%) to 4,152.2.
 

Hackers Hit E*Trade Australia

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Submitted by Financial Adviser on Thu, 01/05/2012 - 19:52

While ANZ Bank initially denied the fact that their stockbroking site was hit by hackers, it now reported (under pressure) that it’s prized online broker E*Trade Australia had security breach denying access to overseas customers for over a week (Source: AFR)

ANZ Bank attempted to cover up the breach claiming a technology glitch. ANZ now stated that E*Trade had “experienced some malicious activity that impacted the performance of the website before Christmas.”

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