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Business puts competitiveness before national security, survey shows

... Business has ranked international competitiveness way above national security as the most important issue to be confronted in next month's Budget. A survey by the Australian Industry Group found almost 44% of members ranked international competition ...

Major industrial nations see strong economic growth ahead

The world is poised for strong economic growth this year and next, the world's major industrial nations concluded at a weekend meeting, even though there are concerns about high oil prices and continuing unrest in the Middle East. Finance ministers ...

ANZ heading for another interim record profit

ANZ Banking Group is heading for a half year earnings record when it reports its results next week with analysts expecting the bank to deliver double digit cash earnings per share growth. The bank is in the throes of integrating its $5.4 billion National ...

ASX announces Tony D'Aloisio as new chief executive

... follow the retirement of Mr Humphry, who has agreed to remain in his position until D\'Aloisio takes over soon after the ASX's next scheduled annual general meeting on Sept. 28, the ASX said.

Australian dollar hits new low for the year overnight

AAP | FRIDAY, 23 APR 2004

The Australian dollar dipped to its lowest level for the year overnight and could fall further over the next few months if the US dollar continues to strengthen on the prospect of a US interest rate hike. At 0900 AEST the local currency was trading ...

IMF says world economic outlook rosy

AAP | THURSDAY, 22 APR 2004

... good news for Australian exports, the global economy was expected to grow 4.6% this year - from 4% in September - and 4.4% next year. The US economy was tipped to grow 4.6% this year and 3.9% in 2005 while China, Australia's fastest-growing export market ...

Macfarlane expects interest rate differential with US to narrow

AAP | THURSDAY, 15 APR 2004

... Australia governor Ian Macfarlane said last night that the gap between Australian and US interest rates would narrow over the next six to 12 months. During questions after delivering the inaugural Di Yerbury Economic and Financial Studies lecture, Mr ...

Market Wrap

AAP | THURSDAY, 15 APR 2004

... Reserve Bank of Australia governor Ian Macfarlane said the gap between Australian and US interest rates would narrow over the next six to 12 months. Mr Macfarlane said the US economy was recovering and that as it moved back to normal, its interest rates ...

UNiTAB to give update $2 billion Tab takeover bid

... Queensland's UNiTAB Ltd today said it expects to give an update on its $2 billion takeover bid for NSW-based Tab Ltd in the next week. "This update will be made following UNiTAB's consideration of the positive finding made by the independent financial ...

NAB to change external auditor

AAP | THURSDAY, 8 APR 2004

... KPMG's audit." Thorn said shareholders will be asked to approve the appointment of the new external auditor at the bank's next annual general meeting.

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Treasury responds to Debelle's review into the AOFM

KARREN VERGARA

Treasury has responded to the Guy Debelle-led review into the Australian Office of Financial Management (AOFM), agreeing to all six recommendations.

Bravura ups guidance, reports earnings increase

RIDDHIMA TALWANI

Bravura Solutions informed investors cost discipline will protect its full year earnings result after a client migrated to a Business Process Outsourcing (BPO) early in the year.

MaxCap hires from Vanguard, AustralianSuper

MATTHEW WAI

MaxCap has welcomed two senior directors, including a portfolio manager from Australia's largest super fund, reporting to the recently named chief executive Kylie Robb.

Zenith snags mandate from Granite Bay

MATTHEW WAI

Granite Bay Private Wealth has selected Zenith Investment Partners to support their investment governance and due diligence.

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Blake Briggs

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Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.

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