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Consumer sentiment rises in April

AAP  |  WEDNESDAY, 7 APR 2004
... pace." Evans said the main reason for the rise in the index was a 5.7% increase in expectations about family finances over the next 12 months. "This is likely to be driven by expectations of tax cuts in next month's Budget, growing confidence that interest ...

Housing market slowdown arrives "with a vengeance": Westpac

AAP  |  WEDNESDAY, 7 APR 2004
... landing". But he expected all Australian banks, including Westpac, would show evidence of the cooling housing market in their next financial results.

NAB outlines board renewal program

AAP  |  WEDNESDAY, 7 APR 2004
... intended another director with the appropriate skills would be appointed". "These new appointments will be announced over the next few months," he said in a statement issued to the ASX. "Additionally another director will retire next year. "Following ...

QBE could be close to acquisitions

AAP  |  MONDAY, 5 APR 2004
... Friday he described QBE as "very active" in seeking possible purchases in Australasia. "It could be tomorrow, it could be the next day or it could be in a month's time, it's all about getting prices that are acceptable to us and acceptable to someone," ...

NAB CFO joins the list of bank departures

AAP  |  MONDAY, 5 APR 2004
... trading scandal which cost Australia\'s biggest bank $360 million. McKinnon said he had intended to retire on his 55th birthday next year but with new chief executive John Stewart building his own team he thought it was time to go.

ASX Perpetual acquires Pitcher Partners

AAP  |  THURSDAY, 1 APR 2004
... ASX Perpetual said. Most Pitcher Partners clients will be transferred to ASX Perpetual's management system, Oscar, over the next few months. ASX Perpetual is a joint venture between the Australian Stock Exchange and Perpetual Trustees Australia.

Retail sales up 0.1% in February: ABS

AAP  |  WEDNESDAY, 31 MAR 2004
... Retail sales edged up just 0.1% in February, new figures showed today, further reducing any chance of an interest rate rise next week. The Australian Bureau of Statistics said sales were 8.3% higher than the same time last year, at $15.76 billion. But ...

Small to mid cap resource companies seek offshor investors

AAP  |  WEDNESDAY, 31 MAR 2004
More of Australia's small to mid cap resources companies will be seeking funds from offshore investors over the next five years, a study by financial service group KPMG said. KPMG associate director Peter Dawson said a new confidence was emerging among ...

New AXA boss outlines aspirational goals

AAP  |  TUESDAY, 30 MAR 2004
... achive these targets was the end of 2007. Mr Penn, who officially takes over from Les Owen as Australasian chief executive next Monday, said he was not changing the things by which AXA measured itself, rather he was lifting the bar set by K5.

Household spending pushes economy as business investment slows

AAP  |  TUESDAY, 30 MAR 2004
Household spending will keep pushing the economy for the next two years as business investment slows to a crawl, a new survey has found. The Mercer-Melbourne Institute Quarterly Bulletin of Economic Trends predicted the economy would expand by 3.7% ...

Editor's Choice

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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