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Showing 3181 - 3190 of 3230 results for "April 2004"

New home sales drop in April: HIA

New home sales fell by 7 per cent in April, the Housing Industry Association (HIA) announced today. The HIA said the overall fall in new private dwelling sales was the result of a 3% fall in detached house sales and a 22% fall in the sale of multi units. ...

ASIC defends Rivkin sentence

Australian Securities and Investments Commission (ASIC) has defended the nine month periodic detention and $30,000 fine handed down to Sydney stockbroker Rene Rivkin, saying it was a very severe sentence for someone who earns their living in the markets. ...

Rivkin gets $30,000 fine, nine months periodic detention

Sydney stockbroker Rene Rivkin has today been sentenced to nine months periodic detention and fined $30,000 for insider trading. The 58-year-old was convicted of insider trading for buying 50,000 Qantas shares just hours after hearing in April 2001 ...

Morningstar gives three stars to Colonial's 452 Capital offering

Morningstar has awarded three stars to 452 Capital's Australian equities process, describing its exclusive retail distribution tie-up with Colonial First State as "win-win strategic alliance." Moningstar said 452 Capital has "a well-constructed process" ...

No link between futures trade and AMP demerger: ASIC

The Australian Securities and Investments Commission (ASIC) has announced that it has not detected "any conduct which would warrant regulatory action" after an investigation into trading in the SPI 200 contract on the Sydney Futures Exchange. ASIC concluded ...

Macquarie relaunches Fusion Funds after Tax Act change

Macquarie has relaunched its Fusion Funds product after the Government's recent proposal to amend the Tax Act relating to capital protected products. The relaunched version of the offer will include capital protection of the investment through a 'put' ...

Analysis: April survey finds industry upbeat on equities

Investment professionals throughout the industry are confident that Australian equity prices will rise over the next six-to-12 months, according to the Financial Standard Intelligence Unit's latest market expectations survey. The survey, conducted on ...

ASIC takes action on Melbourne-based share dealer

The Australian Securities and Investments Commission (ASIC) has announced today that it has imposed a condition on the dealers' licence held by the National Exchange Corporation (formerly Country Estate and Agency), of which Melbourne-based David Tweed ...

Investment style distinction "increasingly muddled": InTech

The distinction between value and growth is becoming blurred as Australian equities fund managers of each style engage in cross-investing, according to asset consultants InTech. "The distinction between value and growth is becomingly increasingly muddled ...

Westfield offers $1.9 billion cash for AMP Shopping Centre Trust

Westfield Trust has announced an all-cash takeover offer for the outstanding units (including all rights) in the AMP Shopping Centre Trust (ART) at $1.80 per unit, valuing it trust at $1.9 billion. The announcement made by Westfield chairman Frank Lowy ...