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Australia looks for free trade deal with US; Thailand deal announced

AAP | MONDAY, 20 OCT 2003

... deal between the two countries. Australia and the US are hoping to finalise negotiations on a free trade agreement before next year, when US presidential and Australian federal elections are due. ACTU president Sharan Burrow said Australia would lose ...

Merchandise imports rise to $11.49 billion in September: ABS

... on the bill at $5.21 billion in September, whilst in August the value was $5.08 billion and in July was $4.95 billion. The next highest item on the bill was miscellaneous manufactured articles at $1.79 billion, compared with August's $1.62 billion. In ...

Merchandise imports rise to $11.49 billion in September: ABS

AMP releases demerger plan

AAP | FRIDAY, 17 OCT 2003

... have arrived at the final base camp before the peak." AMP's hefty demerger memorandum will be sent to shareholders in the next few weeks to be considered before a special meeting in Sydney on December 9 to vote on whether the demerger should approve. ...

AXA says NAB-AMP entity a "threat, but also an opportunity"

AAP | THURSDAY, 16 OCT 2003

... its struggling United Kingdom operations. NAB chief executive Frank Cicutto declined to reveal yesterday what his bank's next move might be. "If that were to happen I think we would see it obviously as somewhat of a threat but also as an opportunity," ...

Macquarie Bank deputy reports retail strategy success

... flexibility to respond to growth opportunities. Mr Sheppard also touched upon the challenges that the FSG faces during the next 12 months. These include the implementation of the Government's Financial Services Reform Act (FSRA), which, he said, requires ...

Perpetual Trustees loses group executive

... initiatives," he said. "We wish him success in his future endeavours." At time of print, Mr Mead had declined to reveal his next port of call.

Macquarie expects strong increase in profits in its financial services group

... increase in the ratio of front office to back office staff. According to Mr Sheppard, the challenges faced by the FSG in the next year will include the implementation of the government's Financial Services Reform Act which would require greater compliance ...

No rate increases in near future: banks

AAP | THURSDAY, 16 OCT 2003

... decided to maintain the cash rate at 4.75 per cent. "My view is for at least throughout calendar 2004, so through to Christmas next year, the cash rate will stay around 4.75 per cent and won't change," Mr Cameron told reporters in New York today. Mr ...

Consumer sentiment rises to nine-year high: Westpac

AAP | WEDNESDAY, 15 OCT 2003

... to the RBA that interest rates needed to rise. Mr Evans said Westpac continued to believe the RBA would wait until early next year to move to raise official interest rates. There was a stunning increase in those components of the index which measure ...

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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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