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Showing 6191 - 6200 of 6252 results for "December 2002"

Tasmanian doctor to face 35 securities charges

The Australian Securities and Investments Commission (ASIC) has announced that it has committed Hobart-based Dr Jasbir Singh Narulla to stand trial on a total of 35 charges. Dr Narulla has been charged with 33 counts of fraudulently inducing a person ...

S&P rates Principal Office Fund A- following IPG announcement

Standard & Poor's Ratings Services (S&P) has placed a A- corporate credit rating on Principal Office Fund (POF) and put its associated debt issues on CreditWatch with negative implications, it has announced. This follows yesterday's Investa Property ...

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 ...

Mortgage broking industry posts record growth in December quarter

The total value of home loans generated by brokers has for the first time exceeded $10 billion, as consolidated broker consultancies grew their business by 27 per cent, according to the latest Market Intelligence Strategy Centre (MISC) report. Quarterly ...

Lowest quarterly inflow of retail funds in eight years: Assirt

The March 2003 quarter saw the lowest quarterly retail managed fund inflows since March 1995, totalling $434 million, according to Assirt. This is also the first time that quarterly inflows have dipped below the $1 billion mark since 1996. The declines ...

Retail trade increases by 0.7% to $14.64 billion in March 2003

Retail trade increased by 0.7 per cent in March to $14.64 billion, while the value of retail trade for the March quarter as a whole was $41.63 billion, a 0.2% dip from the value of retail trade in the December 2002 quarter, according to figures released ...

Public Offer super fees to increase: KPMG

KPMG's latest Public Offer Superannuation Fund Index has revealed that super funds are expected to increase their fees following the introduction of the quarterly Superannuation Guarantee regime from July 1 "It is highly likely that the costs of administering ...

Trade deficit down 22.24% in March: ABS

The Australian economy experienced a $1.48 billion trade deficit for the month of March 2003, a decrease of 22.24 per cent from the deficit experienced in February 2003 of $1.90 billion. In the latest economic figures released by the Australian Bureau ...

Morningstar gives one star to ING small caps fund

Morningstar announced today that it has given a one star rating to ING Investment Management's (IIM) Australian equities small caps GARP management based on the weak performance of its flagship Wholesale Emerging Companies Trust which has fallen markedly ...

Wall Street titans face $2.25 billion in fines

Ten of the biggest names on Wall Street have been hit with fines totalling US$1.3875 billion (A$2.25 billion) under the finalised terms of a settlement agreed in principle and announced by regulators in December 2002. "This historic settlement establishes ...