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Showing 6211 - 6220 of 7102 results for "June 2011"

Daily economic round-up

PETER BELL  |  TUESDAY, 5 SEP 2006
Figures released yesterday by the Australian Bureau of Statistics showed that the number of dwellings approved during July increased by 8.3 per cent to reach the highest level since May 2005. The result was largely a consequence of a 13.6 per cent increase ...

NZ Super Fund scores big but cautions on the future

The New Zealand Superannuation Fund has posted better than expected returns for the third year in a row but has cautioned that its current level of performance will not be sustainable over the long term. The NZ fund, the equivalent to Australia's Future ...

Five major banks spend six times more on ads than super sector

WWW.THESHEET.COM  |  FRIDAY, 1 SEP 2006
Bank spending on advertising for traditional, super and insurance products surged during the June 2006 quarter to its highest level in years, according to estimates compiled by AC Nielsen. The five largest banks spent an aggregate $45.5 million on print ...

Daily economic round-up

PETER BELL  |  FRIDAY, 1 SEP 2006
Signs of a possible slowing in business investment were revealed yesterday when the ABS released data on private sector capital expenditure, which showed an increase of only 1.1 per cent over the June quarter. The annual growth in business investment ...

Market wrap - morning

AAP  |  FRIDAY, 1 SEP 2006
The Australian share market is expected to open higher as stronger commodity prices buck a weak lead from Wall Street. On the Sydney Futures Exchange, the September share price index contact was up seven points at 5,111. Today, insurer Suncorp Metway ...

B&B makes power play for utilities assets

KATE HAGE  |  THURSDAY, 31 AUG 2006
Babcock & Brown (B&B) has continued on the power utilities acquisition trail and completed the buy out of NRG Energy's South Australian based power assets, NRG Flinders. B&B paid $317 million for all of the group's issued share capital and shareholder ...

Daily economic round-up

PETER BELL  |  THURSDAY, 31 AUG 2006
Australian Bureau of Statistics data released yesterday revealed a 0.6 per cent increase in the seasonally adjusted value of retail sales in July to $18.1 billion, largely as a result of a 7 per cent increase in department store sales which accounted ...

AXA hits $10bn on platform but continues to build

HAMISH MADDEN  |  TUESDAY, 29 AUG 2006
AXA's Summit platform has ridden a tide of strong sales and continued support from advisers past its milestone of $10 billion in funds under administration (FUA). June and July saw AXA record all time record sales, taking FUA past the $10 billion mark ...

SEC hits fraudulent insurer with $790m penalty

The Securities and Exchange Commission (SEC), the US equivalent to Australia's financial services regulator the Australian Securities and Investments Commission (ASIC), has ordered life insurer Prudential Equity Group (PEG) to pay $790 million (US$600 ...

Daily economic round-up

PETER BELL  |  FRIDAY, 25 AUG 2006
The release yesterday by the ABS of the House Price Index showed an increase of 3.1 per cent over the June quarter which tallies to an annual growth rate of 6.4 per cent which is the fastest annual rate since December 2003. Perth house prices led the ...