Breaking news

Nearly 175 mn US shoppers hit stores over holiday

The 2017 US holiday shopping season remains on track to produce solid growth after more than half the US population made purchases over the Thanksgiving weekend, the National Retail Federation said Tuesday.NRF officials cited strong US economic data, good weather and an enterprising approach by retailers to discounting both in store and online as factors…

CommSec Daily Report Tuesday

Latest newsThe Australian market is off to a firmer start, with the ASX 200 lifting by 0.14 per cent, rising back above 6000pts earlier and remaining near two-week highs. It will be important to see if the index can close above 6000pts as it failed to do so yesterday due to fading enthusiasm in the…

Telstra shares sink on NBN rollout delay

Telstra shares have sunk after NBN Co said it will temporarily suspend the national broadband network rollout so it can work on improving the quality of the service. The company tasked with building the NBN says it will suspend the rollout of the hybrid coaxial-fibre (HFC) network for six to nine months, from December 11,…

CommSec Daily Report Monday

Latest newsAustralian shares are off to a better start, with the ASX 200 lifting by 0.3 per cent and breaking through 6000pts for the first time in a fortnight. This places the market within striking distance of a near 10-year high and follows largely directionless trade last week due to holiday in the US.Almost all…

Why Australians don’t make extra super contributions

By Jun Feng, Monash University; Hazel Bateman, and Paul Gerrans, University of Western Australia Australians are increasingly relying on superannuation for their retirement income, but despite more than 20 years of compulsory super, many people are not retiring with enough. The assets under management of the superannuation sector now exceed A$1.8 trillion (greater than annual…

Do Australians spend too much on housing?

By Wealth Foundations For those who own their own home and don’t have a mortgage their sense is often that other than for costs like council rates, utilities, building insurance and maintenance they don’t spend anything on housing. For those with a mortgage, they may add in the cost of their loan repayments. But this…

What sort of equipment and tools do you need to start trading forex?

By Vito Henjoto, Technical Analyst, GFT To start trading forex, the first thing you need is access to the market. Choosing the right broker to trade with is an important step in the journey. You need to choose a broker that’s trustworthy, has great customer service, significant market experience, and a platform to suit your…

Australia’s property market resembles a Ponzi scheme

By Philip Soos, Steve Keen’s Debtwatch Recently, Australian property analyst Terry Ryder, in an article on Property Observer, voiced complaints about housing bubble advocates. His issue is “waiting for someone who subscribes to the bubble theory to actually define it. So far, nobody has. The term implies that something has been over-inflated and will burst.”…

Do I get dividends from CFDs? And how does the process work?

Question:  Do I get dividends from CFDs? And how does the process work? Answer:  One of the attractive things about CFD share trading is that, by holding a CFD, you are eligible for many of the benefits that you would receive if you held the shares outright through a traditional means of trading.  This includes…

Which factor do you think affects the Aussie dollar the most?

Question:  What factor do you think affects the Aussie dollar the most – interest rates, commodity prices or China? Which factor should traders most closely watch? Answer:  It is a great question and one that will have different traders batting for different answers. For me, I do have a bias for one, but feel it…