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General

Morning market wrap: US stocks rise slightly

US stocks rose slightly as investors banked on better economic times ahead and started buying up some technology stocks...

Advisors in Australia must hold license: ASIC

A Supreme Court order today requires those operating financial services business from Australia must hold an Australian Financial Services (AFS) License, even if their services are provided to clients outside of Australia.

ASIC ordered to handover documents relating to One.Tel

The Australian Securities and Investments Commission (ASIC) has been ordered to hand over the documents relating to its inquiries into the liquidator of failed junior telco One.Tel...

Up-front commissions offer advisors competitive beneftis: Macquarie

Improvements to Macquarie Adviser Services superannuation insurance cover will give advisers an up-front commission for Death and Total and Permanent Disability cover.

Midday market wrap: All Ords gain value despite exports fears

Despite concerns about the rise in the Australia dollar and its perceived negative impact on exports, the All Ordinaries rose 20.5 points or 0.639 per cent in trading this morning...

GE pumps $98 million into Burnley development

Melbourne will be home to GE Australia's new $98 million financial services centre to be developed at the company's existing Burnley site...

Midday market wrap: All Ords remain in red, NZX back on track

The Australian share market stayed in the red at midday after starting the day lower, affected by weaker world stocks...

Suncorp announces executive change of guard in its general insurance business

Suncorp has announced that John Trowbridge, Group Executive of General Insurance, had decided to retire and that Diana Eilert would take up his role....

Macquarie Bank on track to lift profits

WITH AAP  |  TUESDAY, 23 SEP 2003
Macquarie Bank Ltd chief executive Allan Moss today said the investment bank was on track to lift its first half and full year profit...

CBA announces a 24% reduction in profits for the year

The Commonwealth Bank of Australia (CBA) has today announced a net profit of after tax of $2.01 billion for the year ended 30 June 2003...