Perpetual Disappoints With Another Profit Downgrade

PERPETUAL has again disappointed the market, announcing its fourth profit downgrade this financial year and highlighting its vulnerability to turmoil in credit and share markets.

Market Forces

One doesn't like to proclaim too loudly, in this thirsty age, the beauty of Melbourne's clear autumn weather but we've certainly had some cracking days, framed by cold mornings and nights. In the markets, you should be looking for mandarins, Victorian chestnuts and quinces, celeriac, parsnip and finally, some decent fennel bulbs for sautes, gratins and risotti.

Year Of Living Dangerously

Australian companies exposed to US markets are losing value.

Property Watch

THE March quarter numbers for property values released by APM this week show a small decline in house and unit prices. Those scarred by the hard landing Sydney property experienced back in 2004 may be thinking, "Here we go again". But there are substantial differences in the property markets of 2004 and 2008.