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Showing 2501 - 2510 of 5919 results for "March 24"

Macquarie reports $1bn net profit

ALEX BURKE  |  FRIDAY, 28 OCT 2016
Macquarie has reported a net profit of $1.05 billion for the first half of 2017. This figure is down 2% on the prior corresponding period, but up 8% on 2H16. Operating income was up 8% on the previous six months to $5.2 billion. The group has declared ...

CPI says RBA no go on Melbourne Cup Day

BENJAMIN ONG  |  THURSDAY, 27 OCT 2016
You can bet the house on your favourite steed come 1 November, Melbourne Cup Day, but not on the Reserve Bank of Australia (RBA) shaving another 25 basis points off the official cash rate that currently stands at a record low 1.5%. This is the message ...

Macquarie Infrastructure buys rail business

DARREN SNYDER  |  FRIDAY, 21 OCT 2016
Macquarie Infrastructure and Real Assets is acquiring a 49% stake in Glencore Rail as part of a co-investment with Genesee & Wyoming Australia. The co-investment will create a $2 billion partnership with Macquarie (MIRA) having a non-controlling interest. ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 21 OCT 2016
Australia employment The heading of the Australian Bureau of Statistics' (ABS) "Labour Force, Australia" report says it all, "Shift to part-time employment continues". Overall employment fell by 9,800 in September following an 8,600 decline in August ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 20 OCT 2016
Australia leading index The future's looking good for Australia. This is the indication from the latest reading of the Westpac/Melbourne Institute leading index of economic activity. The six month annualised growth rate in the index - "which indicates ...

Global investment landscape needs rethink

DARREN SNYDER  |  FRIDAY, 14 OCT 2016
Fund manager Capital Group says the new global marketplace created by increasing media products and their distribution channels means investors need to rethink the underlying makeup of companies. Capital Group investment director Andy Budden told a ...

Keybridge executive director resigns, chair appointed

ALEX BURKE  |  FRIDAY, 14 OCT 2016
Keybridge Capital has appointed a new chair and non-executive director while director Antony Sormann has departed. Jeremy Kriewaldt is currently a partner at Atanaskovic Hartnell, specialising in corporate and commercial law. He was previously a partner ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 14 OCT 2016
US export and import prices The Fed's view that the negative impact of import prices on consumer price inflation would be easing appears to be in the money with the latest import price index showing continued improvement. Though less than the expected ...

CommInsure continues to be investigated

DARREN SNYDER  |  WEDNESDAY, 12 OCT 2016
ASIC is declining to update its position on potential outcomes of the regulator's CommInsure investigation. ASIC is working closely with APRA during its CommInsure investigation and the former said it has obtained about 60,000 documents for consideration. ...

CBA chair steps down

JAMIE WILLIAMSON  |  WEDNESDAY, 12 OCT 2016
Commonwealth Bank chairman David Turner will retire from the board at the end of the year, to be replaced by a current non-executive director. Having served on the CBA board for a decade and as chairman since 2010, Turner said he has greatly enjoyed ...