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Market wrap

AAP  |  FRIDAY, 28 JAN 2005
The Australian share market is expected to open weaker today as a poor lead from the US is expected to take some of the wind out of the domestic market's sails. Still, after surging to a fresh record high yesterday, the Australian market is poised to ...

Market wrap

AAP  |  THURSDAY, 27 JAN 2005
The Australian share market is expected to open slightly firmer as a solid lead from the US provides good direction for a market that had yesterday off. The March share price index contract, a key indicator for the day ahead, was six points firmer at ...

Macquarie to raise half a billion dollars for new fund

AAP  |  WEDNESDAY, 19 JAN 2005
Macquarie Bank would likely raise an estimated half a billion dollars for its new listed investment fund, analysts said yesterday. Macquarie on Monday night said it was considering establishing a new fund to list on the Australian Stock Exchange. The ...

Market wrap

AAP  |  WEDNESDAY, 19 JAN 2005
In Sydney today the Australian share market is expected to open firmer today after a strong lead from the US is expected to offset the sharp turnaround yesterday afternoon. The March share price index contract, a key indicator for the day ahead, was ...

Market wrap

AAP  |  FRIDAY, 14 JAN 2005
In Sydney today the Australian share market is expected to open weaker as a flat performance yesterday combines with weaker US equities to suggest a negative start for the domestic bourse heading into the weekend. The March share price index contract ...

Market wrap

AAP  |  WEDNESDAY, 12 JAN 2005
In Sydney today the Australian share market is expected to open weaker as a poor performance in the US market is likely to flow through to the domestic bourse, following on from yesterday's small retreat. The March share price index contract, a key ...

RBA foreshadows rate rise

AAP  |  WEDNESDAY, 15 DEC 2004
Reserve Bank deputy governor Glenn Stevens yesterday kept alive the possibility that Australian interest rates may rise in the next year or so. Mr Stevens indicated that the central bank could move to lift rates at some stage in the future, if wages ...

Investment group takes exchange by storm

Australian Value Funds Management (AVFM) made its debut on the Australian Stock Exchange (ASX) in spectacular style yesterday listing at 30.5 cents per share, more than 20 per cent above the issue prices of 25 cents. At the close of trade shares were ...

RBA delivers Christmas cheer to homeowners

AAP  |  WEDNESDAY, 8 DEC 2004
The Reserve Bank of Australia today gave homeowners some relief going into the Christmas period by keeping official interest rates on hold. The central bank made the announcement it would leave rates on hold at 5.25 per cent after holding its final ...

Costello says economic slowdown not unwelcome

AAP  |  THURSDAY, 2 DEC 2004
The current slowdown in the Australian economy was not unwelcome, Treasurer Peter Costello said today. In figures released yesterday, the economy grew 0.3 per cent in the September quarter, giving the nation an annual growth rate of 3.0 per cent. The ...