Australian stock market

Your editor breathed a huge sigh of relief this morning. I’ll tell you why. It was after we read these five headlines:
“Property boom spurs spending spree” – The Age
“Big four banks gorge on house mortgages” – The Age
“Mortgage supply will not meet demand” – Banking Day
“‘Fair chunk of salary’ goes toward debt” – [...]

IOOF  has been steadily  gaining the attention of the  Big guns and could possibly be a target for takeover with  the economy looking good  currently So who are  IOOFS MAJOR  shareholders ? Blackrock Investment Management (Australia) Bendigo and Adelaide Bank First AXA Asia Pacific, next IOOF? According to the Herald Sun,institutional investors are cementing their [...]

We’re still beavering away on the December issue of Australian Small Cap Investigator this morning. But we’ve just enough time to take a break and knock out today’s edition of Money Morning.
We were heartened by news yesterday that Standard & Poor’s (S&P) had given an AAA rating to $920 million worth of residential mortgage-backed [...]