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Showing 2911 - 2920 of 2997 results for "February 5"

Rising rates take steam out of real estate market

AAP  |  WEDNESDAY, 19 NOV 2003
... low by historical standards, the beginning of a rate rise cycle - and the prospect of further hikes in December and February - had likely signalled to home owners that they would have to scale back their price expectations. "Owners have nearly priced ...

Former AMP superannuation agent jailed

A former AMP superannuation agent was sentenced yesterday in the Sydney District Court to two years and 10 months imprisonment, with a non-parole period of 15 months, in relation to charges brought by the Australian Securities and Investments Commission ...

Macquarie Financial sells South African joint venture holding

Macquarie Financial Services Group today announced it has sold its 33.33 per cent shareholding in its South African joint venture, Innofin, to its joint venture partner, Sanlam. Macquarie's interest in Innofin was sold for R 90 million ($A18.7 million) ...

RBA decision takes economists by surprise

The RBA's decision to increase the official cash rate by 25 basis points to five percent has come as a surprise and shock to many, but the overall view is that the central bank is essentially easing its foot off the accelerator rather than slamming ...

IFA Securities adviser banned for five years

The Australian Securities and Investments Commission (ASIC) has banned former IAF Securities representative Melanie Hutson, of Tasmania, from acting as a representative of a securities dealer or investment advisor for five years. Ms Hutson was an authorised ...

Trust Co announces $5.56 million first half net profit

AAP  |  TUESDAY, 21 OCT 2003
Trust Company of Australia Ltd said its merger with Permanent Trustees had yielded good dividends as it announced a strong interim profit result today. In response Trust's shares defied the market trend and pushed up 45 cents to $7.70. The company ...

Australia highlights support for ongoing APEC meeting

In a press release presented to the Financial Standard by the office of Alexander Downer, the minister for foreign affairs, Australia's support for APEC in the ongoing meeting in Bangkok, Thailand, was highlighted in this country's Individual Action ...

Interest rates steady but rise on the way: economists

AAP  |  WEDNESDAY, 8 OCT 2003
The Reserve Bank of Australia kept interest rates steady for the 17th straight month today but economists say the clock is now ticking down to an increase. The Reserve Bank of Australia (RBA) opted to leave untouched its 4.75 per cent official cash ...

Trust Company upgrades full-year profit expectations

Trust Company has upgraded its expected earnings before business and tax, for the financial year ended 28 February 2004, to be around $17 million - $3 million higher than the previous expectation announced in May 2003. Operating revenue is also expected ...

Midday Market Wrap: Wall Street encourages Australian shares; dollar strong

The Australian share market, led by the banks, media and miners, continued to move higher to noon, encouraged by the solid rise on Wall Street overnight. The benchmark S&P/ASX 200 index improved 27.8 points to 3187.0 while the all ordinaries added 27.6 ...