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Macquarie in talks with Coin Software

Macquarie Bank has confirmed it is in talks with financial planning software provider Coin Software with regards to its acquisition but Coin Software founder and head Darren Pettiona says acquisition is only one of a number of commercial matters the ...

Hostplus gets an APRA licence

Hostplus is the latest industry fund to receive a registrable superannuation entities (RSE) licence granted yesterday from the Australian Prudential Regulation Authority (APRA). Hostplus chief executive officer David Elia says that its 630,000 members ...

Market wrap

AAP  |  FRIDAY, 20 MAY 2005
The Australian share market is expected to open slightly firmer, although weakness in base and precious metals could upset the momentum generated after yesterday's strong gains. On Thursday the benchmark S&P/ASX200 index finished 57 points or 1.4 per ...

Record year pays-off for MacBank execs

Macquarie Bank yesterday announced a massive increase of 67 per cent in after tax profit to $823 million and an increase of over 50 per cent in total remuneration for its executive directors and its top five executives to $93 million. Pre-tax profit ...

Centro slashes investment limits on direct property fund

Centro Properties Group has dropped the minimum investment on its Centre Direct Property Fund (DPF) by $200,000 to $50,000 in order to broaden investor access to the product. The reduced investment level is part of a new Product Disclosure Statement ...

Market wrap

AAP  |  WEDNESDAY, 4 MAY 2005
The Australian share market is expected to open slightly weaker as poor base metal prices and a benign ending to the US markets sets a negative tone for the local bourse. On the Sydney Futures Exchange, the June share price index contract was nine points ...

Market wrap

AAP  |  TUESDAY, 26 APR 2005
The Australian share market is expected to open firmer as another solid lead by the US overnight helps set a positive tone after a long weekend. The Australian market was closed yesterday for the Anzac Day holiday but ended Friday with the benchmark ...

IFM counterbids for PacHydro

Industry Funds Management (IFM) has made a bid for the remaining stake of Pacific Hydro bettering an offer made by Spanish Company Acciona by 10c a share. IFM announced yesterday that it would make an offmarket takeover for all ordinary shares in Pacific ...

Market wrap

AAP  |  TUESDAY, 19 APR 2005
The Australian share market may show some signs of recovery today after being hammered over the last couple of sessions. A relatively benign night on base metal and oil markets, coupled with some gains in precious metals provide a good base for the ...

Market wrap

AAP  |  FRIDAY, 15 APR 2005
The Australian share market is expected to head sharply south for the second straight session, as weakness in equity markets all over the world last night is likely to weigh on the domestic bourse. The local market surrendered more than one per cent ...