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Showing 1201 - 1210 of 1256 results for "Tom"

Credit binge continues as RBA considers rate rise

AAP  |  MONDAY, 1 MAR 2004
Australians are continuing to borrow heavily for homes and run up debts on their credit cards with new figures out on Friday putting pressure on the Reserve Bank to lift interest rates. The Reserve Bank board meets tomorrow, a month after deciding against ...

Building approvals slide for second month in a row

AAP  |  TUESDAY, 3 FEB 2004
Building approvals slid for the second month in a row in December, new figures showed today, indicating two back-to-back interest rate rises have taken some steam out of the housing market. The Australian Bureau of Statistics (ABS) said building approvals ...

Market Wrap

AAP  |  TUESDAY, 3 FEB 2004
The Australian dollar opened weaker across the board, as traders squared up their long positions ahead of the Reserve Bank of Australia's announcement tomorrow morning. At 0700 AEDT the local unit was trading at $US0.7574/82 compared with yesterday's ...

CBA launches 10-year subordinated note issue

AAP  |  TUESDAY, 27 JAN 2004
The Commonwealth Bank of Australia (CBA) today launched a $500 million subordinated medium term note issue. The notes, which will have a maturity of February 10, 2014, will be callable by the issuer on February 10, 2009 or quarterly thereafter, the ...

Healthcare, biotechs seen as best Australian investments

AAP  |  FRIDAY, 23 JAN 2004
... offered the best opportunities for investment, a prominent United States investor told a gathering in Los Angeles last week. Tom Lynch, managing director of Wilshire Associates' Private Equity Group, said other good buys in Australia could be found in ...

AMP expands commercial and consumer finance offering

... expand our product range and leverage the strengths of both organisations." GE consumer finance president and chief executive Tom Gentile said: "We look forward to working closely with AMP Banking to provide competitive and flexible products backed by ...

Morning Market Wrap: New six-year high for dollar

The Australian dollar opened stronger today after reaching a fresh six-year high of $US0.7288 overnight on speculation of a widening interest rate differential with the US. At 0700 AEDT the Australian dollar was trading at $US0.7274/79 compared with ...

Afternoon market wrap: Markets close weaker

WITH AAP  |  MONDAY, 1 DEC 2003
The Australian share market closed in negative territory, led lower by weaker banking and resources sectors in otherwise directionless trading. The banks were pulled down by a widespread belief the Reserve Bank of Australia will lift interest rates ...

Morning Market Wrap: Dollar stronger; market waits for RBA meeting

The Australian dollar opened stronger today amid broad US dollar weakness and a rise in the price of gold. At 0700 AEDT the Australian dollar was trading at $US0.7232/37 compared with Friday's close of 0.7217/23. The local unit reached a high of $US0.7259 ...

Midday Market Wrap: Dollar drops further, bonds holds offshore price gains

The Australian dollar was weaker at noon and trading in a tight range after failing to react to strong US economic data released overnight. At 1200 AEDT the local unit was trading at $US0.7182/87 compared with yesterday's close of 0.7205/10. It reached ...