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Showing 6231 - 6240 of 7119 results for "June 2023"

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 ...

Daily economic round-up

PETER BELL  |  THURSDAY, 24 AUG 2006
The Westpac-Melbourne Institute's Leading Index rose by 1.8 points in June resulting in a year on year growth rate of 5.3 per cent, the highest monthly reading since March 2004. The index measures four components of future activity in the approvals ...

Market wrap - morning

AAP  |  THURSDAY, 24 AUG 2006
The Australian share market is expected to open lower after international markets, oil prices and some major metals fell overnight. On the Sydney Futures Exchange, the September share price index contract had fallen 20 points to 5027 at 0755 AEST. Profit ...

Hunter Hall shares the wealth with staff

HAMISH MADDEN  |  WEDNESDAY, 23 AUG 2006
Hunter Hall has announced a staff equity plan and executive profit sharing scheme in a bid to retain key personnel for the long term, a strategy which will see portfolio managers eventually owning 10 per cent of the company. The Portfolio Manager Share ...