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| | | The Australian equities market was up at noon on the back of financials, property trusts and healthcare, although the utility and gold sectors played laggards. At 1205 AEST the benchmark S&P/ASX200 was up 69.9 points, or 1.38 per cent to 5136.4, while ... |
| | | | ... plus option into a pure cash option - closing the strategy's previous exposure to fixed interest, Australian shares and property. The board Trustee's decision to change the corporate fund's cash plus option into a pure cash one took effect at the end ... |
| | | | ... stock lending and better-than-expected earnings. In light of the market turmoil, the group has decided to shut down its property business in the US, which led to a non-recurring profit after tax of $5.3 million. However, like many financial services ... |
| | | | ... invested in Australian equities and a lower $4.1 billion in fixed interest. A much lower amount of $768 million is in global property and a tiny $41 million in private equity. That means the next two years will likely spur a fierce beauty parade among ... |
| | | | ... Capital investment in 'other selected industries', which include wholesale, retail, construction, transport & storage, property & business services and finance & insurance, increased by 7.3 per cent, more than reversing the 2 per cent contraction in ... |
| | | | ... that IOOF had bought a 13 per cent stage in the company. The deal will see MacarthurCook become the preferred direct property and mortgage investment manager of IOOF. It will also assume management responsibility of IOOF's direct property fund. Robinson ... |
| | | | ... first-half net profit drop of 34.9 per cent to $1.29 billion. Mr Chatterton said the market had already priced in the property group's writedown due to the global credit crunch. "A fair bit of that has already been accounted into the market," he said. ... |
| | | | ... dragged down by a 6.4 per cent drop in other selected industries - wholesale, retail, construction, transport & storage, property & business services, finance & insurance - and a 0.6 per cent fall in manufacturing. Higher commodity prices continue to ... |
| | | | AXA plans to list its $1.07 billion wholesale property fund as a way to avoid any "detrimental" impact on unitholders should volatility in the property sector continue. The firm proposes to list the fund before the end of the year subject to unitholder ... |
| | | | ... Ltd and online service provider iiNet Ltd. The Australian share market closed flat on Friday as a rally in banks and property trusts, triggered by a positive US lead, offset falls in mining and energy stocks. The benchmark S&P/ASX200 index was up 0.6 ... |
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