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General

Hedge funds produce 1.01% return in September

The latest Hennessee Hedge Fund Index has revealed that hedge funds have produced a return of 1.01 per cent in September, bringing the year-to-date return to 13.25%.

NAB and St George access offshore credit markets

AAP  |  THURSDAY, 9 OCT 2003
National Australia Bank and St George Bank have both launched and priced debt transactions in the offshore markets overnight.

Australia to experience banking revolution

David Liddy, the managing director of Bank of Queensland, has said the banking sector was undergoing revolution and customers were demanding better service from 'people' and not machines.

Morning Market Wrap:End of winning streak; dollar sets fresh high

The Australian share market is likely to lose ground today, ending a winning streak that began at the start of October, after falls in international markets overnight.

Afternoon Market Wrap: Banking sector strong after interest rate decision

The Australian stock market marched higher with investors piling into the banking sector after the Reserve Bank of Australia left interest rates unchanged for the 17th straight month.

Midday Market Wrap: Investors return to banking after RBA interest rate hold

The Australian stock market strengthened at noon today after the Reserve Bank of Australia's decision to maintain interest rates saw investors return to the banking sector.

Conroy slams high-flying corporate hogs

WITH AAP  |  WEDNESDAY, 8 OCT 2003
Australia's corporate chiefs have their snouts firmly in the trough, according to Labor's spokesman for corporate governance Senator Stephen Conroy.

Morning Market Wrap: Dollar hits six year high

The Australian dollar charged above $US0.6900 overnight to hit its highest level in nearly six years as the United States dollar crumbled across the board.

Afternoon Market Wrap: Mixed performance by blue chips

The Australian share market closed slightly higher today amid a mixed performance by blue chip stocks.

Midday Market Wrap: Bond market stronger after yesterday's sell off

The Australian bond market opened slightly stronger today, halting yesterday's sharp sell off.