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Showing 9311 - 9320 of 9326 results for "Red"

Coles Myer and Westfield in record $390 million property deal

John Fernando In a record sale for an Australian retail property, Coles Myer announced today that it had sold Sydney Central Plaza to Westfield Trust for $390 million. The cash from the sale would be used to fund a new store growth program, reduce debt ...

APRA and what it means in 2003: Littrell speaks out

Paul Cully Charles Littrell, executive general manager policy research consulting for the Australian Prudential Regulation Authority (APRA), has outlined the regulator's role in the post-HIH financial landscape as it tries to find a balance between ...

Footscray super accounting assistant pleads guilty to fraud

John Fernando A Footscray accounting assistant, Hoang Mo Ngo, pleaded guilty in the County Court of Victoria to 22 charges of fraudulently inducing the trustees of various superannuation funds to pay out cash benefits to his clients. The charges were ...

OECD calls for improvements in Australia's super tax system

John Fernando Australia's superannuation tax system is unduly complicated and a simplification of the tax rules is needed, according to the Organisation for Economic Cooperation and Development (OECD). In what was generally a glowing report praising ...

Morning wrap market wrap: US shares fall back into the red

Paul Cully Shares on Wall Street finished lower overnight as the likelihood of avoiding war diminished, with Washington suggesting that the destruction of banned missiles was a case of 'too little too late' for Iraq. The Dow Jones index dropped 53.22 ...

$16 billion of assets disappear in 12 months: ABS

Paul Cully Total assets held by fund managers have shrunk by $16 billion in the past 12 months, according to the latest managed funds figures released by the Australian Bureau of Statistics (ABS). The ABS said total assets at the end of the December ...

Bendigo Bank in credit card tie-up with MasterCard

John Fernando The Bendigo Bank today launched a new Bendigo Red MasterCard credit card in conjunction with MasterCard International. "The introduction of this new credit card provides our customers with further choice as to the most appropriate credit ...

Wealth management slowdown dents Suncorp's half-year profit

John Fernando A sharp slowdown of inflows into its wealth management division has put a cap on Suncorp-Metway's half-year profits, it announced today. The company announced an interim profit of $155 million, just 0.65% up over last year's figure, largely ...

IAG half-year profits up 27% to $290 million

John Fernando Insurance Australia Group (IAG) today announced a 27% increase in its half-year profit to December 31 over the corresponding period in 2001. The company's insurance profits rose from $125 million to $290 million over the six-month period. ...

Property returns beat equities, but inflows slow up: study

Paul Cully Property again outperformed domestic equities in January, but inflow growth decreased during the period, according to research released today by Rainmaker Information. Rainmaker said property returned 0.4% in January, comfortably outperforming ...