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S&P maintains top investment rating on Australian economy

AAP  |  WEDNESDAY, 28 JAN 2004
Australia has retained Standard & Poor's highest investment grade rating and a change in government after the next federal election would be unlikely to affect it, the ratings agency said. Australia and Singapore are the highest ranked out of 18 countries ...

Market Wrap

AAP  |  TUESDAY, 27 JAN 2004
... other major currencies yesterday following comments by European officials about curbing the strength of the euro ahead of next week's Group of Seven meeting. The share market is likely to post muted gains after mixed trading in offshore markets overnight. ...

Macquarie raises $125 million in South African infrastructure

AAP  |  FRIDAY, 23 JAN 2004
... South Africa (AIIM), plans to invest mainly in South African infrastructure with more funds expected to be raised over the next six months. The investment includes roads, airports, power, telecommunications, rail, ports, water and social infrastructu ...

Vaile warns RBA board on impact of dollar

AAP  |  THURSDAY, 22 JAN 2004
... The Reserve Bank of Australia board had to take into consideration the strong dollar and its impact on exporters when it next meets, Trade Minister Mark Vaile said. Mr Vaile said a further rise in interest rates would only strengthen the Australian dollar ...

Leighton joins with James Fielding in infrastructure fund

AAP  |  THURSDAY, 22 JAN 2004
... would initially have funds under management worth $160 million but both companies said that should reach $1 billion over the next three to five years.

Foxtel to roll out digital services

AAP  |  WEDNESDAY, 21 JAN 2004
Foxtel will roll out its digital Pay TV service over the next two and a half years by which time it will offer more than 130 channels and a range of interactive services, the company said today. From its current base of just over one million customers ...

Economy continues to boom, but may start to slow: Access

AAP  |  MONDAY, 19 JAN 2004
The Australian economy will continue to shine through 2004 but may start to lose some of its gloss by next year, a leading economic forecaster predicts. In its latest Five-year Business Outlook, Access Economics predicts the end of the drought and a ...

Jobs figures strengthen expectations of further rate hike

AAP  |  FRIDAY, 16 JAN 2004
Better-than-expected jobs growth in December strengthened expectations of a further rate hike next month as figures showed unemployment remained at 14-year lows. Treasurer Peter Costello said the December jobless rate of 5.6%, the same as November ...

Costello appoints Jeffrey Lucy acting ASIC chairman

... Securities and Investments Commission (ASIC), Jeffrey Lucy AM, as acting chairman of the regulator pending David Knott's departure next week. Mr Lucy has been deputy chairman of ASIC since 24 February 2003 and was previously chairman of the Financial ...

Democrats to test Latham's resolve on super reform

... interest in reforming the parliamentary superannuation scheme, by introducing a Private Members Bill into the Senate early next year. Democrats' Superannuation spokesperson Senator John Cherry said the issue needed to be dealt with before the next Federal ...