News&Markets

Columnists

Sharon Williams

From the budget to the degeneration of ‘Brand Labor’

Damian Smith

A big week for interest rates

Kate Leaver

The longevity gap: Should women get more superannuation?

Effie Zahos

No relief for credit cardholders, despite rate cuts

Ross Greenwood

Who will pay the price for flood damage?

Analysis

US Housing Reaches A Turning Point

The Overnight Report: Savings Flee Greece

FN Arena Broker Call Headlines - 16 May 2012

Downtime

Growing appetite for luxury goods

The market for luxury brands is growing. (Getty)The global luxury market is forecast to grow by up to seven per cent in 2012 despite the financial crisis.

Top business news

Are these 5 ASX stocks cheap or value traps?There have been many studies done on the returns of stocks with low Price to Earnings (P/E) ratios, with the overwhelming conclusion that portfolios containing low P/E stocks consistently out-perform those with high P/E stocks. Bruce Greenwald’s book Value Investing: From Graham to Buffett and Beyond contains much more information on that subject than I can include in this article, and it’s a worthwhile read. SydAirport reaffirms distribution guidanceSydney Airport says it has ample capacity at the airport and has reaffirmed a 21 cents per stapled security Debt negotiator is Greek finance ministerGiorgos Zanias, who helped negotiate Greece's debt writedown deal, has been appointed the country's caretaker finance minister.