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Showing 371 - 380 of 422 results for "NZ Bank"

Major banks begin increasing home loan rates

AAP  |  FRIDAY, 5 DEC 2003
Three of Australia's major banks today announced increases to home loan lending rates after the Reserve Bank of Australia's decision to hike official rates earlier this week. The Commonwealth Bank of Australia Ltd lifted its variable home loan rate ...

Afternoon market wrap: Shares up as investors defy RBA rate hike

WITH AAP  |  THURSDAY, 4 DEC 2003
The Australian share market made steady gains throughout the day, boosted by a stronger banking sector as investors brushed off yesterday's hike in official interest rates. The benchmark S&P/ASX 200 index closed 14.5 points higher at 3229.8 while the ...

Afternoon market wrap: Australian shares surge higher

WITH AAP  |  WEDNESDAY, 3 DEC 2003
The Australian share market bounded firmly ahead today, propelled by banks and key resources stocks as well as a rally by industrial heavyweight Brambles. The benchmark S&P/ASX 200 index was 27.6 points higher at 3215.3 while the all ordinaries index ...

Rate hike expected, more to come: economists

AAP  |  WEDNESDAY, 3 DEC 2003
Australia's central bank is expected to increase interest rates again in February, after a strengthening global and domestic economy sparked an 0.25 percentage point hike today, according to economists. They said the Reserve Bank of Australia's (RBA) ...

Midday Market Wrap: Bank shares surge, dollar jumps on interest rate hike

Bank shares surged today, as investors bet today's quarter percentage point rate rise could be one of the last. Analysts said the shares had been oversold in recent sessions, ahead of the Reserve Bank of Australia's decision to hike rates today. As ...

Afternoon market wrap: Market closes firmer

WITH AAP  |  TUESDAY, 2 DEC 2003
The Australian share market ended firmer today, as resources powered higher and lifted indices despite a choppy overall market. The benchmark S&P/ASX 200 index was 17.6 points higher at 3187.7 while the all ordinaries index gained 16.4 points to 3196.7. ...

ANZ completes acquisition of National Bank of New Zealand

AAP  |  TUESDAY, 2 DEC 2003
ANZ Banking Group Ltd said today it had completed its $5.4 billion acquisition of the National Bank of New Zealand (NBNZ). ANZ announced its plans to buy NBNZ from London-based Lloyds TSB Bank PLC in October. ANZ chief executive John McFarlane said ...

Afternoon market wrap: Markets close weaker

WITH AAP  |  MONDAY, 1 DEC 2003
The Australian share market closed in negative territory, led lower by weaker banking and resources sectors in otherwise directionless trading. The banks were pulled down by a widespread belief the Reserve Bank of Australia will lift interest rates ...

RBA to hike rates to 5.25 per cent next week: economists

AAP  |  FRIDAY, 28 NOV 2003
The Reserve Bank of Australia (RBA) would raise interest rates by another 0.25 per cent next week given the strengthening domestic and global picture, according to economists. The RBA lifted rates by 0.25 per cent to 5.00 per cent on November 5, saying ...

ING property trust transforms itself into 3rd largest on NZE

ING Property Trust has transformed itself into the third largest property trust on the New Zealand stock exchange by formalising a deal to buy $282.7 million worth of land and buildings. Trust unit-holders yesterday approved the purchase of 71 properties ...