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General

Market wrap

AAP  |  FRIDAY, 18 JUN 2004
The Australian market could be open to a bot of profit taking today as broadly unchanged US markets offer little direction for the local bourse.

Market wrap

AAP  |  THURSDAY, 17 JUN 2004
The Australian market will struggle for direction, although it should open slightly higher, as US markets were broadly unchanged overnight.

Aust Capital markets set for record year: KPMG

Australian capital markets raised a record $37 billion during the period 1 July 2003 to 15 June 2004 according to KPMG's 2003-04 Capital Markets Survey released today.

APRA says Zurich policyholders funds are safe

AAP  |  WEDNESDAY, 16 JUN 2004
The prudential regulator on Tuesday sought to allay fears that policyholders of Zurich Financial Services Australia could be exposed to any fall-out from its probe into the insurer.

Aust Prime Property Fund rated A- stable outlook by S&P

AAP  |  WEDNESDAY, 16 JUN 2004
Australian Prime Property Fund (APPF) Retail has been assigned a corporate credit rating of A-minus, stable outlook by Standard & Poor's.

Market wrap

AAP  |  WEDNESDAY, 16 JUN 2004
The Australian market could make a move back into positive territory today as US markets responded to inflation data released there by pushing higher across the board.

Lend Lease completes $414 million share buyback

AAP  |  TUESDAY, 15 JUN 2004
Real estate group Lend Lease Corp today said it has completed a $414 million on market share buyback designed to trim about 10% of its issued capital.

Market wrap

AAP  |  TUESDAY, 15 JUN 2004
Australian markets are likely to open weaker as softer offshore bourses set a negative tone back from a long weekend.

Market wrap

AAP  |  FRIDAY, 11 JUN 2004
The Australian market is likely to eke out some small gains on the day, although traders may struggle for direction given that the US market will be closed tonight and the Australian market is closed on Monday.

Property market could be on the rebound, figures show

AAP  |  THURSDAY, 10 JUN 2004
Six months after the last rise in interest rates, buying a home is back in favour.