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| | Prime Minister John Howard today said the states should look at different ways of reducing stamp duty, saying the states had made an "absolute bonanza" out of stamp duty. "My whole argument on this is that, back in 2001... I wrote to every state premier ... |
| | | Property investment group Macquarie Office Trust today forecast improvements in the commercial leasing market for the current year. The Trust booked a strong profit gain of 41 per cent in the year to June 2003, with a net profit of $102.2 million, despite ... |
| | | Finsuper, the industry fund for the financial services and insurance sector, today reported a 2 per cent return on its Moderate Growth investment option for 2002/03. This is compared to the average wholesale balance manager in the Mercer Survey of Pool ... |
| | | Investa Group Ltd would have to build a 40 per cent to 45% stake in takeover target Principal Office Fund (POF) to have any chance of toppling POF's own alternative proposal, analysts said today. Analysts said the alternative proposal, put forward by ... |
| | | The majority of Australia's economists expect the nation's central bank board to leave interest rates unchanged after its meeting in Sydney today. It has been 426 days since the Reserve Bank of Australia (RBA) moved the official cash rate from 4.75 ... |
| | | Former Victorian treasurer Alan Stockdale has been appointed head of Macquarie Infrastructure Group's (MIG) investor and external relations, MIG has announced. Mr Stockdale, who is on the board of Macquarie Bank Ltd, will be responsible for the ongoing ... |
| | | Activity in Australia's manufacturing sector rose marginally in July, driven by a strong contribution from the motoring industry, a new survey has found. The Performance of Manufacturing Index, compiled by the Australian Industry (Ai) Group and PricewaterhouseCoopers ... |
| | | Macquarie Bank Ltd shares jumped to a 12-month intraday high today, after the bank said profits for the first quarter and first half of 2003-04 were tracking ahead of the previous year. "We have started the year well and expect both the first half and ... |
| | | Bank of Western Australia Ltd said today the banking industry continues to face a challenging environment ahead, despite posting a 4.7 per cent increase in interim profit. BankWest reported a net profit of $82.8 million for the six months to 30 June ... |
| | | Federal Treasurer Peter Costello has ruled out scrapping negative gearing to help first homebuyers. Mr Costello said such a move would push up rents and hurt people who could least afford it. "If you abolish negative gearing, you would put up the rent," ... |
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