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Showing 5911 - 5920 of 6516 results for "Jul"

NSW bankruptcies reach record highs

The latest quarterly figures from the Insolvency and Trustee Service Australia (ITSA) have shown record levels of bankruptcies in NSW with accountancy specialist Hall Chadwick warning "more bumps" are ahead. Compared to an already high 1,900 bankruptcies ...

Daily economic round-up

PETER BELL  |  FRIDAY, 13 OCT 2006
The release of monthly Australian Bureau of Statistics employment data yesterday revealed that in September about 31,400 jobs were added to the economy, taking the total to 271,000 over the last year. However, the number of people unemployed has dropped ...

PIMCO promotes to fill gap in portfolio team

KATE HAGE  |  FRIDAY, 13 OCT 2006
PIMCO has promoted internally to replace Kumar Palghat who recently left the team after several years as head of portfolio management Australia. Rob Mead, head of European credit portfolio management and based in PIMCO's Munich office, will take on ...

Daily economic round-up

PETER BELL  |  THURSDAY, 12 OCT 2006
The possibility of an interest rate rise at the next meeting of the RBA increased last night when the governor, Dr Glenn Stevens, mentioned that the September quarter CPI figure due on 25 October would be a linch pin in the decision. Dr Stevens said ...

Lodestar absolute return fund awarded buy rating

KATE HAGE  |  WEDNESDAY, 11 OCT 2006
Research and ratings house InvestorWeb has given a 'buy' rating to the Lodestar Australian Absolute Return based on the "strong pedigree" of its investment team and their "disciplined" strategy. The fund, which runs a long-short concentrated portfolio ...

Equipsuper adds five to its team

HAMISH MADDEN  |  TUESDAY, 10 OCT 2006
Equipsuper has announced five staff appointments to bolster its team and drive it towards further growth on the back of a strong 2006 so far. Equipsuper's internal investment team has made two key appointments with Suzanne Branton stepping into the ...

Adviser faces charges of pilfering $1.3m

HAMISH MADDEN  |  FRIDAY, 6 OCT 2006
A Victorian financial adviser has faced court over the misappropriation of around $1.3 million of clients' money. Matthew Leech faced Bendigo Magistrates Court for 18 charges of theft and dishonesty brought about following an Australian Securities and ...

Daily economic round-up

PETER BELL  |  WEDNESDAY, 4 OCT 2006
The Reserve Bank has decided to leave the cash rate unchanged at 6 per cent following the Australian Bureau of Statistics announcement yesterday that in seasonally adjusted terms retail sales increased by 0.3 per cent in August after the 0.5 per cent ...

Fidelity Aust Equities Fund upgraded on third birthday

KATE HAGE  |  TUESDAY, 3 OCT 2006
Fidelity's Australian Equities Fund has had its rating upgraded by Morningstar after growing its local investment team and laying down a track record for its first three years. Morningstar has moved the fund to a highly recommended rating, up from investment ...

Smooth swimming for AUI Platypus

Six months on since wealth manager Australian Unity Investments (AUI) sealed a 50-50 joint venture with top performing boutique fund manager Platypus, the newly formed AUI Platypus Australian Equities Trust continues to beat the market. Speaking at ...