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Showing 9801 - 9810 of 10713 results for "May 1997"

Market wrap

AAP  |  WEDNESDAY, 17 MAY 2006
The Australian share market should open slightly firmer as some bargain hunting after recent losses is expected to offset any weakness generated from offshore leads. However, with US stocks remaining weak and global commodity prices broadly unchanged ...

Daily economic update

BENJAMIN ONG  |  TUESDAY, 16 MAY 2006
Foreign purchases of US securities reached US$69.8 billion in March, lower than market expectations of US$79.9 billion and down from purchases amounting to US$90.5 billion in the previous month. Purchases of US Treasuries were just US$3.1 billion in ...

Weekly economic round-up

BENJAMIN ONG  |  MONDAY, 15 MAY 2006
Interest rate concerns dominated last week's trading activity after the US Federal Reserve, as expected, announced another 25 basis point tightening in monetary policy, taking the federal funds rate target to 5 per cent. Investors' concerns were not ...

Centro looms large with $1bn launch

HAMISH MADDEN  |  FRIDAY, 12 MAY 2006
Centro has announced the largest property syndicate ever made available in the Australian market, and with a total value of $1 billion it believes the US-focused property fund might be hitting the market at just the right time. Driven by continued investor ...

Budget to pave the way for better advice: Stammer

KATE HAGE  |  FRIDAY, 12 MAY 2006
Treasurer Costello's 11th Budget will force financial advisers to focus on investments rather than taxes, attendees at an Association of Superannuation Funds Australia (ASFA) lunch were told yesterday. In his 26th ASFA post-Budget speech, leading economist ...

Director pleads guilty to ASIC allegations

HAMISH MADDEN  |  FRIDAY, 12 MAY 2006
A former director of Endeavour Funds Management Limited has pleaded guilty to charges of fraudulent behaviour. Scott Daniel Tracy was found to have acted improperly between 8 April 2004 and 24 April 2004 while undertaking his duties as director of the ...

Super Budget benefits all around: AXA

HAMISH MADDEN  |  THURSDAY, 11 MAY 2006
The Federal Budget opened up promising new opportunities for clients planning their retirement and fresh options for advisers, according to AXA's analysis. Technical services manager, Lachlan Semple, said the Federal Budget was a resounding success ...

Morningstar rumoured to have bought Aspect Huntley

KATE HAGE  |  THURSDAY, 11 MAY 2006
International research and ratings house Morningstar has reputedly bought Aspect Huntley, a Sydney based market research group and owner of industry publications IFA and Investor Weekly. According to industry sources, an announcement of the deal will ...

Daily economic update

BENJAMIN ONG  |  THURSDAY, 11 MAY 2006
Australian employment fell by 3,200 in April, partially reversing the hefty 27,000 gain reported in the previous month. This is lower than market expectations of a flat outcome for the month. Full-time employment rose by 22,700 last month but this was ...

Daily economic update

BENJAMIN ONG  |  WEDNESDAY, 10 MAY 2006
Federal Treasurer Peter Costello unveiled his 11th Budget last night, delivering a fiscal surplus worth around $11.9 billion. According to the 2006/2007 Budget Papers, the government plans to spend $219.7 billion of its projected $231.6 billion in revenues. ...