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Showing 5881 - 5890 of 6252 results for "December 29"

Mariner buoyant with $2.4 million profit

Financial services group Mariner Financial has announced a $2.4 million net profit for the six months to December 31, 2003, compared to a net loss after tax of $126,000 in the previous corresponding period. Mariner also announced that earnings per share ...

House prices after surge 6% in Q4

AAP  |  FRIDAY, 5 MAR 2004
Australian house prices skyrocketed in the final three months of 2003. Australian Bureau of Statistics figures released yesterday showed a house price index jumped 6% in the December quarter - the largest quarterly rise in almost 15 years. This compared ...

Macquarie Funds appoints new head of distribution

AAP  |  FRIDAY, 5 MAR 2004
Bruce Murphy has been named the new head of distribution for Macquarie Funds Management (MFM). Mr Murphy joins MFM from an eight year stint with Deutsche Banking Corporation, where he most recently held the position of retail distribution director ...

AMP books $5.5 billion loss for 2003 after writedowns

AAP  |  THURSDAY, 4 MAR 2004
AMP today booked Australia's second biggest corporate loss, with writedowns and costs from spinning off its British operations leaving the group $5.542 billion in the red in 2003. The loss for AMP, which demerged its struggling United Kingdom business ...

Building approvals slide again in January: ABS

AAP  |  THURSDAY, 4 MAR 2004
Building approvals slid for the third month in a row in January, new figures showed today, confirming last year's interest rate rises have taken some steam out of the housing market. But separate Australian Bureau of Statistics (ABS) figures showed ...

RBA leaves rates unchanged, needs more time: economists

AAP  |  WEDNESDAY, 3 MAR 2004
The Reserve Bank of Australia's (RBA) decision to leave interest rates unchanged would give it more time to assess the effect of the strong local dollar and slowing housing sector on the economy, economists said today. The central bank today left the ...

Annual economic growth lifts to 4%: ABS

AAP  |  WEDNESDAY, 3 MAR 2004
Economic growth picked up at the end of last year, new figures showed today, with annual growth lifting to 4% in the year to December. The latest national accounts from the Australian Bureau of Statistics (ABS) showed the economy expanded by 1.4% in ...

RBA leaves cash rate at 5.25%

AAP  |  WEDNESDAY, 3 MAR 2004
The Reserve Bank of Australia today did not change the cash rate which remains at 5.25%. The decision marks the second consecutive meeting in which the board left interest rates unchanged, after the central bank lifted interest rates in both November ...

Reporting season shows company profits growing

AAP  |  WEDNESDAY, 3 MAR 2004
Listed companies defied the rising Australian dollar to report generally stronger profits for the first half of 2003-2004 with further growth expected for the rest of the financial year. However analysts say the next challenge could be from rising interest ...

Interest rates expected to stay on hold

AAP  |  WEDNESDAY, 3 MAR 2004
Interest rates are expected to stay on hold today, with figures showing the Reserve Bank can afford to wait another month before lifting rates. Retail sales jumped 0.7% in January as shoppers took advantage of cheap imported goods thanks to the higher ...