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Showing 7061 - 7070 of 7103 results for "June 2011"

Budget underestimated drought costs by $200 million: official

Budget estimates on the cost of the drought to the Government were at least $200 million out, Federal agriculture department official Bob Calder told a Senate estimates committee today. Calder said expected spending on drought assistance had increased ...

Centro extends offer period for ART takeover bid

Centro Property Trust has extended the offer period for its takeover bid for AMP Shopping Centre Trust (ART) while it awaits the final ruling of the Takeovers Panel's in relation to its hostile offer. "Centro has extended the offer period for its the ...

ASIC revokes 10 dealer licences in South Australia

The Australian Securities and Investments Commission (ASIC) has announced that it has revoked the licences of 10 South Australian securities dealerships, as part of the regulatory body's ongoing monitoring of compliance across the financial services ...

Walters appointed head of BT/Westpac financial planning

Scott Walters has been appointed as the head of financial planning at Westpac and BT, effective June 2. "With responsibility for developing the strategic positioning of the advisory network across all Westpac channels, this role involves leveraging ...

Morning market wrap: Terror alert unnerves Wall St

The Dow Jones index recorded its third consecutive day of losses-albeit fractional-as the US government raised its terror alert to 'orange' following recent attacks in Saudi Arabia and Morocco. The warning came as Steve Kaseta, vice president of Boston-based ...

Perpetual Trustees to replace Bradley as managing director

Perpetual Trustees Australia has announced that managing director Graham Bradley is to be replaced after conducting a strategy review that concluded "the timing was right" for a new chief executive to lead the company "through a new growth phase." Bradley ...

Abacus buys Victorian industrial property for $11.1 million

The Abacus Property Group has announced the acquisition of an industrial property at Redwood Gardens Industrial Estate, Dingley, Victoria for $11.1 million. The 39,760 square metre site contains three modern buildings providing over 18,000 square metres ...

Lend Lease sells HCI arm for $159 million

The US Lend Lease Corporation has announced that it has entered into an agreement with Municipal Mortgage & Equity, LLC (MuniMae) for the US$102 million (A$159 million) sale of the Housing and Community Investing (HCI) business. Lend Lease chief executive ...

Easing of business sentiment offset by end of Iraq war: RBA

The Reserve Bank of Australia (RBA) was content to keep interest rates on hold at 4.75 per cent despite an easing of domestic sentiment as the relatively speedy resolution of the war on Iraq removed "significant" risk from the global economy, it said ...

Court freezes assets of Queensland property group

The Supreme Court of Queensland has frozen certain assets of First Foundation Developments following an application by the Australian Securities and Investments Commission (ASIC). Interim orders issued by the court freeze assets to the value of approximately ...