BHP after open iron ore market
BHP Billiton has broken with its iron ore rivals Rio Tinto and
Brazil's CVRD, calling for the commodity to be traded in a more
transparent market like that seen for thermal coal rather than in
the "outdated" benchmark pricing system. more
ConsMin holding linked to Ukraine bidder
THE Ukrainian billionaire Gennadiy Bogolyubov's $1 billion bid for Consolidated Minerals is in disarray after it was revealed that, despite previous denials, his company, Palmary Enterprises, owns part of a mysterious 17.7 per cent stake in the manganese miner. more
ANZ to take it to partner
ANZ and its joint venture partner ING are to go head-to-head in key
financial markets such as investment and insurance, while the
Australian bank is also looking to squeeze more out of its
profitable wealth management business. more
Aristocrat admits to $1.10 compo max
THE landmark shareholder class action against Aristocrat Leisure finished yesterday with the company conceding if any compensation is owed, it could peak at $1.10 a share, more than three times the figure it used when the case opened on October 4. more
Perpetual profit forecast down 5%
PERPETUAL has cut its first-half profit forecast by 5 per cent because of the subprime mortgage crisis, spooking investors in the funds management company. more
Myer family accepts Coles bid
THE Myer family has moved closer to severing its links with Coles
after deciding to support Wesfarmers in the looming $20 billion
sale of the retail giant. more
Kohler launches finance site
A NEW online site, BusinessSpectator, was launched yesterday with the hope of tapping the booming demand for financial information. more
Good feelings were a missing attraction
THERE were no feel-good moments cuddling koalas when the chairman of Sydney Attractions Group, Bill Wright, and the chief executive, Kevin Bush, faced shareholders yesterday. more
Fair go, it can't just keep on the up - yesterday was proof
THE sharemarket eased back from Monday's record highs as the banks and resources sectors were hit by profit-takers. The ASX 200 index closed 41.9 points lower at 6750.2, while the All Ordinaries had fallen 35.7 points to 6772.5. more
Broker's endorsement worth $42m to Stokes
Seven is not only the one with viewers but investment analysts have
noticed its charms. more
Myer chiefs dance to Blair
Matt O'Sullivan reckons that with holidays like that, work would be restful. more
Tabcorp pulse back beating
The NSW Government has placed a price on our state's casino
monopoly for 12 years, writes Elizabeth Knight. more
Buy, improve, sell
My regular lunchtime cafe has shut. The owner, John, bought the business early this more
Costello's Two Worlds
Do you suffer from wild mood swings, think that the sky is about to fall in and... more
Gossip and other office peeves
Every workplace has them. People and their annoying habits that drive you mad. So what more
Export Idol to help Australian businesses in the US
How many business owners sign their business away to distributors who promise the world... more
Markets
| ALL ORDINARIES | |
|---|---|
| 6,781.0 | +8.5 |
 | |
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| BEST MANAGED FUNDS* | |
|---|---|
| Aust Shares | 48.56% |
| Int Shares | 34.79% |
| Growth | 18.16% |
| Balanced | 17.52% |
| Aust Bonds | 6.81% |
| * 3-yr performance according to Morningstar Research from the range of funds available through InvestSMART.com.au | |
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