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Showing 3091 - 3100 of 7101 results for "June 2011"

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 12 JUL 2016
Australia housing finance The Australian Bureau of Statistics (ABS) reported that the total value of dwelling finance commitments increased by 1.0% in the month of May as a 3.9% jump in "investment housing" more than offset the 0.6% fall in lending"owner ...

AMP Life appeals Supreme Court ruling

ALEX BURKE  |  MONDAY, 11 JUL 2016
AMP Life has appealed a Supreme Court ruling preventing it from voting at the upcoming extraordinary general meeting for the AMP Capital China Growth Fund (AGF). The Supreme Court decided on June 22 that AMP Life, which holds roughly 36% of units in ...

DomaCom prepares to list on ASX

KERRIE SYDEE  |  MONDAY, 11 JUL 2016
Applications to invest in the underwritten initial public offering (IPO) of fractional property investment fund, DomaCom, have today opened. Aiming to raise $10 million with a minimum of $5 million from investors, the IPO prospectus was lodged with ...

Returning Fed hike expectations could be flattened by yield curve

BENJAMIN ONG  |  MONDAY, 11 JUL 2016
A big bounce in US employment gave the green light to investors and speculators to put risk back on onto their portfolios. Fear, it seems, has left the building... or driven out by the strong US jobs numbers. The VIX index closed 10.6% down to a reading ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 7 JUL 2016
AiG performance of construction index The Australian Industry Group's (AiG) performance of construction index jumped to 53.20 in June from 46.7 in the previous month. The index's rise to a 10-momth high was driven by a rebound to expansion territory ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 6 JUL 2016
RBA on hold As widely expected, the Reserve Bank of Australia (RBA) left the official cash rate unchanged at a record low 1.75% following its 5 July meeting. The RBA statement revealed that the Australian central bank sees continued growth in the global ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 5 JUL 2016
Australian dwelling approvals The Australian Bureau of Statistics (ABS) released figures showing that total dwelling units approved dropped by 5.2% in the month of May, worse than market expectations for a 3.3% fall and more than reversing April's 3.3% ...

AFSL cancelled for Sydney firm

KERRIE SYDEE  |  MONDAY, 4 JUL 2016
ASIC has cancelled the Australian financial services licence (AFSL) of a Sydney based financial planning firm for failing to meet a number of key obligations. ASIC cancelled Etern Wisdom's AFSL on 6 June 2016 after ASIC discovered the firm had failed ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 30 JUN 2016
Australia new home sales The Housing Industry Association reported that sales of new homes fell by 4.4% to 7,278 units in the month of May following a 4.7% decline in the previous month. Sales of detached homes continued to contract - down by 6.7% in ...

ASIC cancels AFSL of liquidated firm

KERRIE SYDEE  |  WEDNESDAY, 29 JUN 2016
ASIC has cancelled the Australian financial services licence (AFSL) of a Queensland based financial services firm. The cancellation was made at Avamode Financial's request, after the company was placed into liquidation on 4 May 2016. The AFSL cancellation ...