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Showing 5831 - 5840 of 5927 results for "March 27"

Total managed funds fall 2% to $624.21 billion: ABS

The total value of managed funds in Australia during the March quarter stood at $624.21 billion, down 2 per cent from $635.09 billion during the December quarter and significantly lower than the $656.52 billion in March last year, the Australian Bureau ...

Standard & Poors lowers Tower ratings

Standard & Poor's Ratings Services has lowered the insurer financial strength and long-term counterparty credit ratings on various Australian and New Zealand subsidiaries of Tower Ltd to BBB-plus from A-minus. It also has removed these ratings from ...

Morningstar downgrades Tower's business and management rating

Morningstar has decided to downgrade Tower's business and management strength rating from 'neutral' to 'negative' due to the uncertainties surrounding future earnings and strategy. And it has reconfirmed its rating of Tower's stability and probability ...

New home sales drop in April: HIA

New home sales fell by 7 per cent in April, the Housing Industry Association (HIA) announced today. The HIA said the overall fall in new private dwelling sales was the result of a 3% fall in detached house sales and a 22% fall in the sale of multi units. ...

New private capital expenditure falls 5.3% in March quarter

New private capital expenditure for the March quarter decreased 5.3 per cent to $13.20 billion compared to the December 2002 quarter, but has risen 18.2% since March 2002, according to figures released today by the Australian Bureau of Statistics (ABS). ...

Tower announces half year loss of $136.95 million

Tower has announced a half year loss of NZ$154.4 million (A$136.95 million) and unveiled Guinness Peat Group as a "cornerstone" investor as part of a NZ$200 million capital raising. The capital raising is due to be completed, subject to shareholder ...

Morningstar gives Challenger a three-star mortgage rating

Morningtar has awarded three stars to Challenger International's commercial mortgages management. Morningstar said its portfolio construction process is "relatively satisfactory", loan application and assessment processes are "generally sound," although ...

New super initiative sparks familiar political catfight

The Shadow Minister for Retirement Incomes and Savings, Senator Nick Sherry, has today criticised the Government's "Revitalising Superannuation" initiative unveiled yesterday as offering "nothing new" for the Australian superannuation members. The Government ...

Moody's may downgrade ART following Westfield takeover offer

Moody's Investors Service is continuing its review - for possible downgrade - of the A1 long-term senior unsecured rating of AMP Shopping Centre Trust (ART). This follows the Westfield Trust announcement that it will make a counter takeover offer for ...

Westfield offers $1.9 billion cash for AMP Shopping Centre Trust

Westfield Trust has announced an all-cash takeover offer for the outstanding units (including all rights) in the AMP Shopping Centre Trust (ART) at $1.80 per unit, valuing it trust at $1.9 billion. The announcement made by Westfield chairman Frank Lowy ...