Australian market resists major US sell-off as trade tensions rattle investors, tech stocks tank

Australian market resists major US sell-off as trade tensions rattle investors, tech stocks tank

Posted April 03, 2018 10:26:28 The Australian share market has opened lower following a turbulent session on US market overnight, as trade tensions and a sell-off in tech stocks rattled investors. The ASX 200 was 0.5 per cent lower by 10:15am (AEST) at 5,730 points — a more modest decline …

WA property investors suffer as mining slump lingers, with one-third losing money on resale

WA property investors suffer as mining slump lingers, with one-third losing money on resale

Posted March 20, 2018 16:32:34 Photo: Investors looking to sell their property are facing reduced demand for housing. (ABC News: Robert Herrick) Investors in Perth property are faring the worst in the nation, making more losses on resale than buyers in any other capital city. A report from property research …

Adelaide United sale to investors result of ‘handshake agreement’ made nine years ago

Adelaide United sale to investors result of ‘handshake agreement’ made nine years ago

Updated March 08, 2018 16:51:38 Photo: The investors are believed to have paid more than $10 million to take over the Reds. (AAP: David Mariuz (file photo)) Related Story: Syndicate takes helm of Adelaide United Prominent Adelaide lawyer Greg Griffin says the sale of the A-League side Adelaide United was …

Storm Financial clients slam $140k fine after 3,000 investors left destitute

Storm Financial clients slam $140k fine after 3,000 investors left destitute

Updated March 22, 2018 19:05:46 Photo: Mr Reynolds lost his house in Townsville after being left with a $1.2 million debt. (ABC News: Rhea Abraham) Emmanuel and Julie Cassimatis, the husband and wife founders of collapsed company Storm Financial — which left more than 3,000 clients destitute — are facing …