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General

Access ruling opens credit cards up to non-bank companies

AAP  |  TUESDAY, 24 FEB 2004
Non-bank companies could soon issue Visa, MasterCard and Bankcard credit cards, after a Reserve Bank of Australia (RBA) decision announced yesterday.

Market Wrap

AAP  |  TUESDAY, 24 FEB 2004
The Australian dollar opened slightly lower, pausing just above 77 US cents, on a lack of fundamental drivers following a volatile weekend that saw it drop by as much as three US cents

Perth-based director found not guilty of insider trading

AAP  |  MONDAY, 23 FEB 2004
The investment watchdog today said Perth-based company director Robert Paul Martin had been found not guilty of insider trading in shares of Roehampton Resources NL.

Options strategy beats index funds: study

Investors could produce higher returns than tracking an index with lower long-term risk by selling call options against the underlying stocks they sell, according to a study released last week.

Margin lending for direct share investment rises: St George

AAP  |  MONDAY, 23 FEB 2004
Margin lending for direct investment in the share market picked up in the December quarter, according to St George Bank head of margin lending, Andrew Black.

Market Wrap

AAP  |  MONDAY, 23 FEB 2004
The Australian dollar has shed more than three cents since its Friday's peaks.

ASX acquires remaining stake in Orient Capital

AAP  |  FRIDAY, 20 FEB 2004
Australian Stock Exchange has completed the acquisition of the remaining 50% stake in investor relations firm Orient Capital.

Credit card charges hit record $14.7 billion in December

AAP  |  FRIDAY, 20 FEB 2004
Australia's Christmas credit card binge hit record levels in December as consumers ignored rising interest rates in favour of spending up big.

Market Wrap

AAP  |  FRIDAY, 20 FEB 2004
The Australian dollar opened slightly weaker after the United States dollar rose against the euro overnight.

Market Wrap

AAP  |  THURSDAY, 19 FEB 2004
The Australian dollar has lost more than one per cent against the US dollar overnight after breaking through the 80 US cent mark.