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General

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...

NZX trade delayed by technical problems

WITH AAP  |  TUESDAY, 23 SEP 2003
Trading on the New Zealand sharemarket was disrupted by computer problems this morning for the second time in little over a month...

NAB to issue STG400 million Tier-1 capital

National Australia Bank Ltd (NAB) said today that it would soon issue STG400 million ($A972.8 million) in Tier One trust Preferred Securities...

S&P reduces Carter Holt rating to A-3

WITH AAP  |  TUESDAY, 23 SEP 2003
Standard & Poor's has reduced New Zealand's second largest listed company's short-term credit and commercial paper rating from A-2 to A-3...