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Aust dollar tumbles more than one US cent over weekend

The Australian dollar tumbled by more than one US cent over the weekend to reach a six month low as the United States dollar soared on a much stronger than expected US jobs report. The key US report, which also delivered a robust employment number last ...

News Corp in talks with Liberty ? Now clearer and muddier

AAP | FRIDAY, 7 MAY 2004

Are they in talks? Are they not? Apparently they are. A fortnight ago Liberty Media's John Malone told the UK's Financial Times newspaper he was in "fairly active" talks with Rupert Murdoch about buying some of News Corp's media businesses. Mr Malone ...

Greeenspan says US businesses, consumers able to handle rate rise

US consumers and businesses are financially fit enough to take an interest rate rise, Federal Reserve chairman Alan Greenspan said Thursday. On Tuesday, Greenspan and fellow policymakers indicated the days of rock-bottom rates -- with the federal funds ...

$1 billion public service wage bill blow-out

AAP | THURSDAY, 6 MAY 2004

Spending on the commonwealth public service has blown out by more than $1 billion under the Howard government, it was claimed today. Newspaper reports claimed the total annual wage bill for the sector was almost $1 billion higher now that it was when ...

Aust building approvals fall 4.4% in March - ABS

AAP | WEDNESDAY, 5 MAY 2004

Building approvals fell sharply in March, new figures showed today, making up for a surprise increase the previous month. The Australian Bureau of Statistics (ABS) said building approvals fell 4.4% in March, in line with market expectations, after a ...

St George Bank raises full year earnings forecasts

AAP | TUESDAY, 4 MAY 2004

St George Bank Ltd said today it was raising its earnings per share growth forecast to 11%-13% for the 2004 financial year. The comments came after the company reported a net profit of $354 million for the six months to 31 March, 2004, an 18% increase ...

Bank of Japan chief says GDP growth this year may halt deflation

AAP | MONDAY, 3 MAY 2004

Japan's central bank chief today said long-running price declines that are hobbling the world's second-largest economy could ease in 2005 if overall economic growth and corporate reforms continue. But Bank of Japan Governor Toshihiko Fukui cautioned ...

Walter piles on pressure ahead of National Bank shareholder meeting

AAP | FRIDAY, 30 APR 2004

Rebel National Australia director Cathy Walter continued to crank up her campaign for the May 21 extraordinary general election by calling on the board to clarify who will chair the meeting. The seven non-executive directors, led by chairman Graeme ...

Australia well-insulated against US rate hikes: Costello

AAP | MONDAY, 26 APR 2004

Australian Treasurer Peter Costello today said Australia was well-insulated against expected rate rises in the United States, but declined to say whether he saw another rate hike in his own country. "There seems to be a general view that as the American ...

Aust dlr begins week firm on back of $US weakness

AAP | MONDAY, 19 APR 2004

The Australian dollar began the week firmer after the United States dollar gave up recent gains following the release of weaker-than-expected US economic data. At 0700 AEST the local currency was trading at $US0.7446/55, compared with Friday's close ...

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Treasury responds to Debelle's review into the AOFM

KARREN VERGARA

Treasury has responded to the Guy Debelle-led review into the Australian Office of Financial Management (AOFM), agreeing to all six recommendations.

Bravura ups guidance, reports earnings increase

RIDDHIMA TALWANI

Bravura Solutions informed investors cost discipline will protect its full year earnings result after a client migrated to a Business Process Outsourcing (BPO) early in the year.

MaxCap hires from Vanguard, AustralianSuper

MATTHEW WAI

MaxCap has welcomed two senior directors, including a portfolio manager from Australia's largest super fund, reporting to the recently named chief executive Kylie Robb.

Zenith snags mandate from Granite Bay

MATTHEW WAI

Granite Bay Private Wealth has selected Zenith Investment Partners to support their investment governance and due diligence.

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