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General

ASIC's annual report brings a message of confidence

ASIC chairman Jeffrey Lucy adopted a more optimistic theme in the tabling of the regulators annual report with a message of building confidence and consumer protection in financial markets.

S&P changes its indices

S&P has announced changes to its indices in the US and Australia in relation to News Corporation.

ASIC shuts down currency trading websites

ASIC will stop a number of electronic currency exchange businesses operating on the internet after the regulator became aware that three Australian-based businesses were operating without holding an Australian financial services licence (AFSL).

Debt collection protection

With the levels of personal and household debt on the rise, ASIC and the Australian Competition and Consumer Commission (ACCC) have jointly released a manual defining their respective roles in the regulation of debt collection.

Survey reveals difficulties in measuring non-financial performance indicators

Approximately 34 per cent of board and top executives say their companies are proficient at monitoring critical non-financial indicators of corporate performance according to a survey conducted by Deloitte Touche Tohmatsu and the Economic Intelligence ...

CBA targets 10 per cent growth

AAP  |  FRIDAY, 5 NOV 2004
Commonwealth Bank said today that, subject to current market conditions continuing over the three years, the Bank would target a compound annual growth rate in cash earnings per share exceeding 10 per cent per annum.

NAB revises results format

National Australia Bank has changed prior period figures as well as some of the format in its full-year results announcement pack.

Managing director pleads guilty to fraud

Gregory Waring has pleaded guilty in the Victorian County Court to five charges under the Crimes Act and two charges under the Corporations Act relating to his conduct as managing director of Corrpro Australia (Corrpro).

Coonan confident on Telstra sale

AAP  |  FRIDAY, 29 OCT 2004
The gap between the coalition partners did not appear to be all that great when it came to the full sale of Telstra, Communications Minister Helen Coonan said today.

ANZ posts record profit

ANZ has declared a record operating profit after tax of $2.815 billion for the year ended 30 September 2004 representing a 19.9 per cent increase from last year's result.