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Showing 10341 - 10350 of 10717 results for "May 1997"

Morning Market Wrap: Dollar continues to climb

The Australian dollar opened stronger today, buoyed by a weak US dollar and the Reserve Bank of Australia's (RBA) decision to lift overnight cash rates to 5.25 per cent yesterday. At 0700 AEDT the Australian dollar was trading at $US0.7352/57 compared ...

Signs of slowing in property-related sectors: index

AAP  |  WEDNESDAY, 3 DEC 2003
There were signs of a slowing in property-related sectors in November, according to the Australian Industry Group/Commonwealth Bank Australian Performance of Services Index (PSITM). The index fell 2.0 points to 60.4 in November, reflecting the sensitivity ...

Homeowners, government brace for rate rise

AAP  |  WEDNESDAY, 3 DEC 2003
Homeowners and the federal government are bracing for a disappointing Christmas present today when the Reserve Bank makes its last announcement for the year on interest rates. The bank is expected to increase interest rates by a quarter of a percentage ...

Afternoon market wrap: Market closes firmer

WITH AAP  |  TUESDAY, 2 DEC 2003
The Australian share market ended firmer today, as resources powered higher and lifted indices despite a choppy overall market. The benchmark S&P/ASX 200 index was 17.6 points higher at 3187.7 while the all ordinaries index gained 16.4 points to 3196.7. ...

Midday Market Wrap: Market fiirm despite weak banking sector

The Australian share market remained firmer at noon, despite some weakness in the banking sector. Reynolds & Co director Markus Mueller said banks, property trusts and other interest rate sensitive stock were holding back the Australian bourse, after ...

Midday Market Wrap: Dollar stronger at noon; bond market weaker before RBA meeting

AAP  |  MONDAY, 1 DEC 2003
The Australian dollar was stronger at noon but still lagged behind the surging euro as the market awaited the outcome of the Reserve Bank of Australia's (RBA) board meeting, a strategist said. At 1200 AEDT the local unit was trading at $US0.7235/40 ...

Wattle saga sees another administrator sentenced

David Christopher Smith, a former director of Brisbane-based The Fund Administrators Pty Ltd (TFA) and Gold Coast company Spectrum Fund Administration Pty Ltd (Spectrum), was sentenced in the Brisbane District Court today. Mr Smith was convicted and ...

Simon Crean steps down from Labor leadership

AAP  |  FRIDAY, 28 NOV 2003
Opposition Leader Simon Crean today announced he would stand down as leader of the Labor Party. Mr Crean, in a brief statement, told reporters he would call a ballot for the leadership at next week\'s caucus meeting on Tuesday. He said he would not ...

van Eyk amends Granite Three Pillars prospectus after investor feedback

In response to feedback from the investor market, van Eyk Research has decided to amend the calculation of its Performance Fee contained within the Granite Three Pillars Ltd prospectus. Last week van Eyk announced it had joined forces with White Funds ...

Greater fiscal discipline needed: OECD

The Australian government should maintain its fiscal objective of keeping the budget balanced over the economic cycle and allow fiscal policy to play a stabilisation role through the operation of the automatic stabilisers, according to a report from ...