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Showing 1691 - 1700 of 1791 results for "strength."

S&P lowers Lumley Life rating to BBB

AAP  |  THURSDAY, 9 OCT 2003
Standard & Poor's said today that it lowered the insurer financial strength and counterparty credit ratings on Lumley Life Ltd to BBB from A and removed the ratings from credit watch with developing implications. The rating outlook is now stable. The ...

Lenders could withstand substantial housing correction: APRA

AAP  |  THURSDAY, 9 OCT 2003
Banks and mortgage brokers would withstand a substantial local housing market correction if it eventuated, an Australian Prudential Regulation Authority (APRA) study shows. APRA chairman John Laker, speaking on his 100th day in the job, today released ...

NAB commits to expanding wealth management capabilities

National Australia Bank (NAB) has hinted it remains interested in acquiring the Australian Financial Services business of the AMP, today saying it will continue to invest in the bank's wealth management capabilities in Australia and the United Kingdom. ...

Jobless rate down, could go lower: Costello

WITH AAP  |  THURSDAY, 9 OCT 2003
The jobless rate stayed at a 13-year low of 5.8 per cent in September, new figures showed today, but could go lower according to Treasurer Peter Costello. Costello held a doorstop press conference in Canberra this morning to discuss the figures released ...

Kerrie Kelly takes FPA top job

The Financial Planning Association (FPA) has appointed of Kerrie Kelly as its new chief executive. FPA chairman Steve Helmich announced the new appointment, as he was officially opening the FPA's annual convention and expo in Adelaide today Ms Kelly ...

Midday Market Wrap: Investors return to banking after RBA interest rate hold

The Australian stock market strengthened at noon today after the Reserve Bank of Australia's decision to maintain interest rates saw investors return to the banking sector. Macquarie Equities analyst Lucinda Chan said the banks were up slightly with ...

Economists expect sedate employment growth for September

Economists have forecasted that Australia's workforce is likely to grow at a more sedate pace in September after August's massive growth rate which culminated in the unemployment rate being at a 13-year low of 5.8 per cent. The median of market forecasts ...

Morning Market Wrap: Dollar hits six year high

The Australian dollar charged above $US0.6900 overnight to hit its highest level in nearly six years as the United States dollar crumbled across the board. The local unit hit $US0.6920 in New York - its highest level since January of 1998. At 0700 the ...

RBA expected to hold rates, but hikes will come

Australia's effervescent economy will force interest rates to rise soon but most economists think the Reserve Bank will wait for further evidence of a global upswing before hiking rates. The Reserve Bank of Australia (RBA) has kept rates on hold for ...

Stronger job ads suggest growing momentum of the economy

The latest ANZ job advertisements suggest that the Australian economy is regaining momentum, with both newspaper and internet jobs on the rise. The 3 per cent rise in metropolitan newspaper job advertisements to 21,709 per week was the strongest increase ...