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Showing 101 - 110 of 117 results for with AAP

Exporters to be hard hit by RBA decision: Ai Group

WITH AAP  |  WEDNESDAY, 2 JUL 2003
Australia's exporters would be hit hard by the Reserve Bank of Australia's (RBA) failure to cut interest rates, the Australian Industry Group predicted today. The RBA this morning left interest rates unchanged at 4.75 per cent, 3.75 percentage points ...

Farmers' Federation joins rate cut chorus

WITH AAP  |  TUESDAY, 1 JUL 2003
The National Farmers' Federation today became yet another industry group to call for an interest rate cut by the Reserve Bank of Australia (RBA), fearing current interest rates and their upward pressure on the Australian dollar would hurt farmers and ...

ANZ on track to earnings growth

WITH AAP  |  TUESDAY, 1 JUL 2003
ANZ Banking Group Ltd has reported it is on track to lift its earnings in 2003 and 2004 as well as its dividend payouts. ANZ chief executive John McFarlane said the bank was "likely to pursue a higher level of dividend growth than earnings growth" and ...

RBA board meeting brings mixed forecasts

WITH AAP  |  TUESDAY, 1 JUL 2003
Economists believe the Reserve Bank of Australia (RBA) board is unlikely to cut interest rates when it meets today for the first time since its American counterpart cut US rates to 1 per cent. HSBC economist Anthony Thompson predicted the Reserve would ...

CPH merger begins today

WITH AAP  |  TUESDAY, 1 JUL 2003
CPH Investment Corp Ltd's $1.1 billion merger with Challenger International was set in concrete today, after Challenger reported it had handed a copy of the Federal Court approval to the Australian Securities and Investments Commission (ASIC). "The ...

Costello welcomes US Fed rate cut

WITH AAP  |  THURSDAY, 26 JUN 2003
Federal Treasurer Peter Costello has welcomed the overnight US Fed 25 bps interest rate cut, saying a sluggish US economy would affect Australia. "We think that that will provide additional stimulus to the American economy, which has been very sluggish ...

As rate cut predictions surface, Deputy PM indicates support for RBA judgement

WITH AAP  |  THURSDAY, 26 JUN 2003
Deputy Prime Minister John Anderson has refused to comment on whether the Reserve Bank of Australia (RBA) should follow the Fed's lead and reduce interest rates, following the US central bank's 25bps cut overnight. "I've always respected their independence ...

Westfield chairman reappointed to RBA board

WITH AAP  |  WEDNESDAY, 25 JUN 2003
Frank Lowy, chairman of Westfield Holdings, has been reappointed for his third straight term to the Reserve Bank of Australia (RBA) board. The reappointment extends until December 2005, making Mr Lowy the longest-serving member, with 10 years service. ...

AMP Henderson enters domestic hedge fund market

WITH AAP  |  WEDNESDAY, 25 JUN 2003
Property asset manager AMP Henderson Global Investors has entered the domestic hedge fund market with its launch of the AMP Henderson Australian Equity Market Neutral Fund. The fund will initially be offered on a select basis to existing Australian ...

Tough times ahead for demerged AMP

WITH AAP  |  WEDNESDAY, 25 JUN 2003
A senior Deutsche Bank manager has predicted AMP Ltd and its demerged British operations would face a difficult time after their proposed split later this year. AMP plans to split its businesses in Australasia and the UK - with the Australasian operation ...