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Showing 6451 - 6460 of 7119 results for "June 2023"

Market wrap

AAP  |  THURSDAY, 1 SEP 2005
The Australian share market is likely to open firmer as US markets rallied across the board, settling up for a positive tone on the local bourse. With the local earnings season all but wrapped up, investor focus will begin to focus more on the bigger ...

Market wrap

AAP  |  WEDNESDAY, 31 AUG 2005
The Australian share market is likely to open weaker this morning as oil prices surged to fresh record highs overnight, weighing on US equity markets and suggesting further weakness on the local bourse. However, energy stocks are expected to benefit ...

Property developer owing over $14M to investors appears in court

The Australian Securities and Investments Commission (ASIC) has brought 20 charges of breaching the Corporations Act against John Sage in the Melbourne Magistrates Court. The regulator alleges Sage provided prospective investors in the Victorian based ...

Economic roundup

Last week, the Australian Bureau of Statistics reported that the total value of construction work rose by 4 per cent to a record A$22 billion in the June quarter and is up by 6.4 per cent from the same period last year. The latest construction figures ...

Fiducian posts stellar performance

Fiducian Portfolio Services has increased its profits by 915 per cent for 2005 financial year, delivering a $1.877 million profit compared with $0.185 million last year. The stellar performance was consistent across the business units. Funds under administration ...

Disqualified super trustee upheld

The Administrative Appeals Tribunal (AAT) has upheld a decision by the Australian Prudential and Regulatory Authority (APRA) to disqualify John Preuss from acting as a superannuation trustee. AAT also agreed with the regulatory authority that it was ...

Weekly economic roundup

The Westpac/Melbourne Institute leading index and the Australian Bureau of Statistics (ABS) Wage Price Index were among the major statistics released last week. The Westpac/Melbourne Institute leading index of economic activity rose by 2.9 per cent ...

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 ...