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Showing 4901 - 4910 of 5515 results for "September 2005"

Money For Living promoters face court on fraud

KATE HAGE  |  MONDAY, 3 APR 2006
Promoters of the disgraced equity release scheme Money For Living appeared in court on Friday facing numerous charges of fraud. Brothers Stephen O'Neill and Gary O'Neill, were charged after ASIC investigations found they had committed fraud through ...

Daily economic update

The US Federal Open Market Committee (FOMC) began its two-day meeting last night - the first meeting under the chairmanship of Ben Bernanke. There is almost a unanimous expectation that the Federal Reserve will raise interest rates by 25 basis points ...

Challenger number one for annuities: Plan For Life

Challenger has taken out the top annuities provider award for 2005, presented by Plan For Life at their first annual annuity provider award ceremony, held last night. Challenger's general manager of wealth distribution, David Asplin, said the gold medal ...

Daily economic update

Australian manufacturing production is up in the March quarter, while new motor vehicles sales were down. The Australian Industry Group (AIG)/PriceWaterhouseCoopers(PwC) latest quarterly survey of Australian manufacturing production showed that companies ...

REST on the hunt for new CEO

Award winning fund Retail Employees Superannuation Trust (REST) is searching for a new chief executive with long time CEO Neil Cochrane planning to step down in August. Cochrane says that, having been with the fund for five years, the fund needs a new ...

Daily economic update

US retail sales dropped by 1.3 per cent in February with ex autos falling by 0.4 per cent. Expectations were for a decline of 0.8 per cent and 0.5 per cent, respectively. January sales figures were revised up to show a rise of 2.9 per cent from a gain ...

Margin lenders bank on reputation not just rates

Investors are choosing margin lenders based on the lender's reputation not just on how much they charge, according to the latest survey from Investment Trends. In a comprehensive survey of over 2,900 investors, the Sydney-based research firm Investment ...

Daily economic update

As expected, the Reserve Bank of Australia (RBA) left the official cash rate untouched at 5.5 per cent following yesterday's Board meeting. The decision marked the 12th straight month of steady interest rates since March 2005 when it lifted its key ...

Daily economic update

Australia's balance of payments continued to deteriorate in the December quarter with the deficit on the current account widening by 5.7 per cent to A$14.5 billion (6.1 per cent of GDP) from a revised A$13.7 billion shortfall in the September quarter. ...

Weekly economic round-up

Last week's Australian data releases continued to paint a picture of a domestic economy that is growing moderately with little pressure on inflation and, therefore, no impetus for the official cash rate to move one way or the other. The Australian Bureau ...