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General

Ruddock plays down call for tougher tax police

AAP  |  WEDNESDAY, 18 FEB 2004
Attorney-General Philip Ruddock has played down calls for the tax office to have stronger policing and intelligence powers to track down serial tax cheats.

Market Wrap

AAP  |  WEDNESDAY, 18 FEB 2004
The Australian dollar reached a fresh seven-year high just shy of 80 US cents overnight on expectations further interest rate rises will attract investors.

Business conditions weaken sharply in January: NAB survey

AAP  |  TUESDAY, 17 FEB 2004
Australian business conditions have taken a sharp fall in January, suggesting that some of the heat has come out domestic demand, a National Australia Bank (NAB) survey has found.

Market Wrap

AAP  |  TUESDAY, 17 FEB 2004
The Australian dollar opened stronger on the back of United States dollar weakness as the local market awaited today's speech from the Reserve Bank of Australia's deputy governor.

Bendigo Bank on tract for 25% profit growth

AAP  |  MONDAY, 16 FEB 2004
Australia's Bendigo Bank Ltd said today that it was on track to achieve profit growth of 25% for the 2004 financial year.

Bank of Queensland luanches US$250 million FRN

AAP  |  MONDAY, 16 FEB 2004
The Bank of Queensland Ltd has launched a $US250 million three-year floating rate note at a reported re-offer spread of 41 basis points over Libor via UBS and Macquarie Bank.

Market Wrap

U.S. stocks fell on Thursday as investors locked in gains from the previous session after disappointing jobless claims data and lackluster earnings news.

Market Wrap

The US dollar fell against most major currencies today on comments by Federal Reserve Chairman Alan Greenspan expressing little concern over the US currency's recent decline.

Market Wrap

U.S. stocks rose on Tuesday, erasing the previous session's losses, as investors anticipatedupbeat comments on the economy from Federal Reserve Chairman Alan Greenspan in testimony on Wednesday.

Market Wrap

The Australian dollar opened little changed after yesterday rising by more than one US cent following the release of the Reserve Bank of Australia's quarterly monetary policy statement.