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| | | Investors in three of the five Australian Unity Investments property vehicles have voted 'yes' to the firm's proposal to staple five property syndicates to establish a $400 million retail property fund. A recent media report claimed that AUI had failed ... |
| | | | Chris Freeman will retain his title as head of BT Wrap while Wayne Wilson will lead the St.George Business Solutions and Asgard divisions following the St.George/Westpac merger. BT Financial Group announced the appointments yesterday, which includes ... |
| | | | The era of deregulation in the global financial system had been invalidated by the current crisis and a process of re-regulation needed to be undertaken, the former governor of the Reserve Bank, Ian Macfarlane, said yesterday. Delivering the Lowy Institute ... |
| | | | The $36 billion Victorian Funds Management Corporation is aiming to outperform its benchmark by 100 basis points through a combination of vanilla style derivatives, opportunistic trades and improved internal and external capabilities. VFMC chief investment ... |
| | | | The Australian sharemarket was lower at noon as the influence wore off from overnight gains on Wall Street, and the market digested domestic growth figures which suggested the Australian economy is heading towards contraction. At 1203 AEDT, the benchmark ... |
| | | | ... Because of the US dollar's status as the global economy's major reserve currency, the US can print as many dollars as it wants. Yes there will be negative long-term repercussions but it would not be a fate worse than Zimbabwe. If financial and economic ... |
| | | | The Australian stockmarket remained strong at noon, extending the morning's positive open, following gains in European stocks. At 1200 AEDT, the benchmark S&P/ASX200 index was up 84.5 points, or 2.36 per cent, at 3672.5, while the broader All Ordinaries ... |
| | | | Masu Financial Management has settled a class action brought by the Australian Securities and Investment Commission (ASIC) for 85 investors sold Westpoint Group financial products. The Federal Court of Australia settled the two remaining complaints ... |
| | | | The Australian stock market remained in positive territory at noon, extending the morning's strong trade after a continued gains on Wall St overnight. At 1200 AEDT, the benchmark S&P/ASX200 index was up 76 points, or 2.15 per cent, at 3616, while the ... |
| | | | Just about five years ago in late 2003, then Australian Federal Treasurer Peter Costello flagged the possibility of retiring the Commonwealth government debt and effectively shutting down the country's bond market. While markets had no argument against ... |
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