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Daily economic round-up

PETER BELL  |  WEDNESDAY, 30 AUG 2006
The Australian automotive industry continues to struggle with the latest figures from the Federal Chamber of Automotive Industries showing that, following the reduction in tariffs to 10 per cent from 15 per cent in January 2005, locally made light cars ...

Jailed super fraudsters forfeit nearly $6m

HAMISH MADDEN  |  WEDNESDAY, 30 AUG 2006
A father and son, currently serving 18 months in jail for promising clients a 'superannuation cashback' arrangement as part of an illegal scheme, have been ordered to forfeit millions of dollars in holdings and assets. Following an Australian Securities ...

Market wrap - morning

AAP  |  WEDNESDAY, 30 AUG 2006
The Australian share market is expected to open stronger on stronger leads in global equity markets. On the Sydney Futures Exchange, the September share price index contact was up three points at 5,055 at 0758 AEST. Today, Macquarie Media Group announces ...

Market wrap - morning

AAP  |  TUESDAY, 29 AUG 2006
The Australian share market is expected to open higher after a positive lead from Wall Street. On the Sydney Futures Exchange, the September share price index contact was up 11 points at 5,016 at 0726 AEST. Today, beer maker Foster's Group will announce ...

Market wrap - midday

AAP  |  FRIDAY, 25 AUG 2006
The Australian stock market at noon was higher as Asian markets lifted, and as improved profit at companies including Caltex and Oxiana helped woo investors. Generally the market was a bit oversold yesterday and it was options expiry. "Today, you've ...

Daily economic round-up

PETER BELL  |  FRIDAY, 25 AUG 2006
The release yesterday by the ABS of the House Price Index showed an increase of 3.1 per cent over the June quarter which tallies to an annual growth rate of 6.4 per cent which is the fastest annual rate since December 2003. Perth house prices led the ...

Market wrap - morning

AAP  |  FRIDAY, 25 AUG 2006
The market is expected to open lower today, following mixed overseas markets, as well as falls in precious metals and some base metals prices. On the Sydney Futures Exchange, the September share price index contract had fallen 14 points to 4958 at 0758 ...

Daily economic round-up

PETER BELL  |  THURSDAY, 24 AUG 2006
The Westpac-Melbourne Institute's Leading Index rose by 1.8 points in June resulting in a year on year growth rate of 5.3 per cent, the highest monthly reading since March 2004. The index measures four components of future activity in the approvals ...

Three key internal appointments for INVESCO

HAMISH MADDEN  |  THURSDAY, 24 AUG 2006
INVESCO has announced three senior internal staff promotions - a new head of product and marketing, a new national retail sales manager and a new head of operations and finance. Mark Yesberg will step up from his role as product manager, a role he has ...

Market wrap - morning

AAP  |  THURSDAY, 24 AUG 2006
The Australian share market is expected to open lower after international markets, oil prices and some major metals fell overnight. On the Sydney Futures Exchange, the September share price index contract had fallen 20 points to 5027 at 0755 AEST. Profit ...