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Showing 5761 - 5770 of 5949 results for "Banks"

Afternoon market wrap: Shares end slightly lower

... the company's explanatory memorandum and upward revisions to the group's profit guidance for 2003-04. Elsewhere, the major banks were mixed, while resource blue-chips Rio and BHP Billiton both ended lower. Telstra and News Corporation were both slightly ...

AXA says NAB-AMP entity a "threat, but also an opportunity"

AAP  |  THURSDAY, 16 OCT 2003
... you, based on 32 years of experience, financial planners do not like the companies to which they are aligned being owned by banks. "I think it would give us a significant opportunity to position ourselves almost uniquely." Mr Owen added that financial ...

Midday Market Wrap: US dollar rebound flattens dollar

... equities consultant Ian Merrick said there was nothing outstanding to report today. "There's a weakness across the board in the banks," he said. "(But) the resource based stocks are still looking reasonably firm." Australia's bond market was weaker at ...

No rate increases in near future: banks

AAP  |  THURSDAY, 16 OCT 2003
In what should come as a relief to Australians with home loans, the head of the St George Bank and a senior executive from the Commonwealth Bank of Australia both said yesterday they did not expect official interest rates to rise in the near future. ...

Afternoon Market Wrap: Bank rebound offsets resources sector

A rebound by the banks offset some heavy profit taking in the resources sector as the Australian share market edged to a fresh 16 month high today. Macquarie Equities client adviser Helen Spencer said overall the market had suffered a change in sentiment ...

Afternoon Market Wrap: AXS hits 16-month high

... underlying index - on a volume of 12,044 contracts. Mr Gardner said investors were selling defensive stocks, such as the major banks, to raise cash to participate in the stronger overall market. National Australia Bank fell 14 cents to $30.85, Commonwealth ...

ABA reports "pleasing" fall in banking ombudsman cases

... transactions have increased," said ABA chief executive David Bell. "The fall also reflects the commitment that ABA member banks have made to better manage customer complaints and take appropriate action. In other words, banks' internal dispute resolution ...

Lenders could withstand substantial housing correction: APRA

AAP  |  THURSDAY, 9 OCT 2003
Banks and mortgage brokers would withstand a substantial local housing market correction if it eventuated, an Australian Prudential Regulation Authority (APRA) study shows. APRA chairman John Laker, speaking on his 100th day in the job, today released ...

Debtor finances industry hits $20 billion

AAP  |  THURSDAY, 9 OCT 2003
... such robust growth in the industry - and we believe that this will continue, at least in the short term," Mr Langham said. "Banks and many small and medium businesses are increasingly recognising that factoring and discounting are often the most appropriate ...

Australia to experience banking revolution

... revolution in banking in Australia no more or less dramatic than that which occurred in the 80s and early 90s when the big banks shifted into technology-based solutions and rationalisation of their branch network," said Mr Liddy. "I believe we are seeing ...