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General

ASFA hails breakthrough in super fund fee comparisons

The Association of Superannuation Funds of Australia (ASFA) has today said that it had achieved a breakthrough in producing a comparable and meaningful 'bottom line' on superannuation fund fees, following research conducted with Chant West recently.

Midday Market Wrap: Dollar drops further, bonds holds offshore price gains

The Australian dollar was weaker at noon and trading in a tight range after failing to react to strong US economic data released overnight.

CFOs produce their own guide to risk management

AAP  |  WEDNESDAY, 26 NOV 2003
As investor scrutiny of public companies intensifies, chief financial officers of Australia's major enterprises have moved to strengthen their risk management processes.

Morning Market Wrap: Dollar opens weaker

The Australian dollar opened slightly weaker today, following other major currencies in failing to react to strong US economic data released overnight, an analyst said.

Afternoon market wrap: shares close firmer

WITH AAP  |  TUESDAY, 25 NOV 2003
The Australian share market closed firmer today, as resource stocks led the march higher after gains...

Midday Market Wrap: Market buoyant following US rally

The Australian stock market remained in a buoyant mood by midday following a strong rally on US markets overnight.

Morning Market Wrap: Dollar sinks below US0.7200

The Australian dollar opened weaker today, dropping below the $US0.7200 level following a US dollar rally across the board.

Telstra completes $1 billion off-market share buyback

AAP  |  MONDAY, 24 NOV 2003
Telstra Corp Ltd today announced the successful completion of its $1 billion off-market share buyback, at the bottom end of the tender range offered by Australia's biggest telco.

"Opportunistic" managers lead the way in brighter outlook for international equities

Investors will be able to look forward to a brighter future in international equities, after having to endure three years of negative returns, as "opportunistic" fund managers lead the way, a key industry report released by van Eyk Research has revealed.

Midday Market Wrap: Quiet start driven by banks and safe haven stocks

The Australian share market extended its rise to noon today in a quiet market driven mostly by banks and safe haven stocks.