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Showing 7081 - 7090 of 7140 results for "June 2023"

Babcock and Brown purchases $2.5 million of Biotech shares

International investment company Babcock and Brown has purchased 5.6 million shares of Biota Holdings, it has announced. The company's inaugural foray into the Australian biotechnology sector involves the purchase of $2.5 million worth in shares (7.5% ...

Super returns clawing their way back to break-even: Mercer

Investors in balanced superannuation funds could avoid a second consecutive year of negative returns if June proves to be another fruitful month for domestic and international shares, according to Mercer's latest Pooled Fund Survey. Mercer said that ...

APRA's Thompson to go at the end of June

The Australian Prudential and Regulation Authority (APRA) is looking for a new chief executive officer after it announced that Graeme Thompson will be finishing up at the end of his current term on June 30. APRA came under heavy criticism in the wake ...

Costello warns of drought-led economic slowdown

Federal Treasurer Peter Costello has warned of a slowdown in the Australian economy, despite the strength of the domestic market against international economic woes. "Notwithstanding the difficult international economy, the Australian economy continues ...

Wesfarmers to buy Edward Lumley Holdings for $320 million

Wesfarmers has confirmed that talks are underway to buy Edward Lumley Holdings (ELH), the parent company of trans-Tasman insurance and financial services technology group Lumley Insurance, for approximately $320 million. The price, if the deal goes ...

CPA Australia launches nationwide business briefings

CPAs across Australia will have opportunity to learn the latest developments arising from HIH, CLERP 9, ASX Corporate Governance Council's guidelines, and achieving IFRS compliance by 2005, through a series of CPA Australia business briefings to be ...

Interest rates and strength of Australian dollar to rise: NAB

The Reserve Bank of Australia's (RBA) cash rate is expected to remain unchanged at 4.75 per cent till the March quarter of 2004 and may rise to 5% in June 2004 and onwards to 5.25% in September 2004, according to National Australia Bank (NAB) predictions. ...

RBA leaves interest rates at 4.75 per cent

Market speculation of an interest rate cut due to the strengthening Australian dollar has been cut short by the Reserve Bank of Australia's (RBA) decision to leave official cash rates unchanged at 4.75 per cent. "We still expect the Bank to leave rates ...

Challenger to close New Zealand retail operations

Challenger International has decided to close its New Zealand retail operations, effective June 30, following an extensive assessment of the company's existing position in that market. Challenger will also cease managing wholesale monies invested in ...

ASIC backs Village Roadshow on dividend suspension decision

The Australian Securities and Investments Commission (ASIC) today announced that the suspension of preference share dividends by Village Roadshow was "permitted under the constitution of the company." But in the future, issuers of preference share prospectuses ...