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Showing 6481 - 6490 of 7119 results for "June 2023"

Market wrap

AAP  |  TUESDAY, 12 JUL 2005
The Australian sharemarket is expected to open higher, following the lead set by the US overnight. On the Sydney Futures Exchange, the September share price index contract was up 12 points to 4272 points. Yesterday, the benchmark S&P/ASX200 was up 34.9 ...

Another bumper financial year for super funds

Superannuation funds are well and truly back in the black with the median fund in Mercer's pooled fund survey returning 13.2 per cent for the 2004/2005 financial year following a median 14.2 per cent in the previous financial year. The two positive ...

Market wrap

AAP  |  THURSDAY, 7 JUL 2005
The Australian share market is expected to open weaker after losing ground yesterday on profit taking, as a weak US market weighs on the domestic bourse. However with sharply firmer base metal prices and oil prices at fresh record highs overnight, the ...

Performance fees roll in for Macquarie

Macquarie Bank Group earned almost $170 million in performance fees in its infrastructure funds management arms for the financial year just ended. Macquarie Airports (MAp) management companies earned $36.7 million during the period and the MAp companies ...

Zenith upgrades Macquarie's infrastructure trust

Boutique research house Zenith has upgraded its rating on Macquarie Global Infrastructure II (MGIFT II) to 'highly recommended' based on the quality of infrastructure assets sourced in the past 12 months. Zenith states that the Trust has made four high ...

Market wrap

AAP  |  MONDAY, 27 JUN 2005
The Australian share market is expected to open weaker as another triple digit loss on the US Dow Jones Index on Friday sets a poor tone for the local market. While oil stocks could benefit from further price gains on Friday's, steel stocks could come ...

Lennie gets ADPIA presidency

Owen Lennie has been elected president of the Australian Direct Property Investment Association (ADPIA), the main body for the direct property investment industry. Lennie steps into the role having held a number of senior positions in the direct property ...

ATO calls on SMSF trustees to get it right

The Australian Tax Office has encouraged trustees of self managed superannuation funds (SMSF) to ensure the ownership of assets are held by the fund and not the trustee. It has also stated that all other breaches of SMSF rules will be dealt with heavily ...

IFM secures Pacific Hydro

Industry Funds Management (IFM) has finally succeeded in its bid to takeover Pacific Hydro after rival Spanish bidder Acciona S.A. decided not to increase its offer price for the renewable energy company and agreed to accept IFM's $5.00 per share offer. ...

Former financial adviser guilty of fraud

Michael Smith has pleaded guilty in the District Court of South Australia to three counts of fraudulently converting clients' funds for his own or his company's use or benefit. The charges are the result of an Australian Securities and Investments Commission ...