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Showing 6441 - 6450 of 7102 results for "June 2011"

Perpetual appoints new chairman and announces record profit

Perpetual Trustees Australia Ltd (Perpetual) has appointed Robert Savage to the role of chairman following the retirement of Charles Curran with the company also announcing a record operating profit after tax of $111.6 million. The retirement of Curran ...

APRA punishes errant super trustees

The Australian Prudential Regulation Authority (APRA) has taken action against two former trustees of the Tunstall Bond Superannuation Fund forcing both trustees to compensate fund members for over $225,000 worth of entitlements, and having one trustee ...

STA Super hits $7 billion

The Superannuation Trust of Australia (STA Super) has reached $7 billion in funds under management (FUM). The boost in FUM is the result of a boost in membership levels of 30,000 for the 12 months to June 2005 bringing the total membership for the fund ...

Sunsuper appoints Hartley as CIO

Sunsuper has appointed David Hartley as its new chief investment officer (CIO) following the resignation of Jack Gray who left the fund in June 2005. Hartley was formerly with the Russell Investment Group as director if investment consulting. At Russell ...

Market wrap

AAP  |  FRIDAY, 12 AUG 2005
The Australian share market is likely to open firmer again this morning, pushing to another record high as resource stocks continue to benefit from rampant oil prices and strong performance on most base and precious metals overnight. Also, equity markets ...

Macquarie LPT buys into booming US retail market

A Macquarie Bank listed property trust (LPT) has taken a major stake in the US retail property market capitalising on growing opportunities in the market. Macquarie DDR Trust will purchase 50 per cent of a national US retail shopping chain for $US396.2 ...

Market wrap

AAP  |  TUESDAY, 9 AUG 2005
The Australian share market is tipped to open firmer again, pushing to fresh record highs as resource stocks benefit from record oil prices and continued positive sentiment about the sector. Also, earnings season has shifted into top gear with multiple ...

IWL set to finalise JDV acquisition

AAP  |  MONDAY, 8 AUG 2005
Financial group IWL Ltd is set to win its long running bid for online broker JDV Ltd after the last remaining key shareholder agreed to sell its stake on Friday. The Royal Bank of Canada accepted IWL's cash offer for its 28.66 per cent stake in the ...

Weekly economic roundup

The Reserve Bank of Australia's (RBA) decision on monetary policy was last week's major market-moving event - or non-event. The Australian central bank left the official cash rate unchanged at 5.5 per cent where they had been since March this year. ...

Macquarie's LPTs set to go from strength to strength

Macquarie Bank's Property Investment Management Division has released results for the year ended 30 June 2005 showing its range of listed property trusts (LPTs) produced an average return weighted by market capitalisation of 37.5 per cent. The top performers ...