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General

Stockland places 50 million shares to raise $233 million capital

Stockland has today completed a placement of 50 million new Stockland Stapled Securities to raise $233 million...

AACo injunction to face Federal Court today

WITH AAP  |  FRIDAY, 19 SEP 2003
An injunction lodged by Peter Holmes a Court's Australian Agricultural Co (AACo) Ltd over the sale by AMP Ltd of Stanbroke Pastoral Co...

Coles Myer announces 29% profit surge for the year

Coles Myer, Australia’s largest retailer with 1,900 stores, has today announced that it’s profits had rise 29 per cent to $455.6 million...

CBA to cut domestic workforce by 3,700

The Commonwealth Bank of Australia (CBA) today said it would cut its domestic workforce by about 3,700 over three years as part of a revamp of its customer service operations...

Domestic economy to continue fast growth: IMF outlook

Australia will continue to be one of the fastest growing advanced economies in the world next year, according to the IMF the September 2003 World Economic Outlook...

Westfield veteran to step down from executive duties

The Westfield Group have announced that Stephen Johns, executive director of capital markets for 33 years with the company had decided to step down...

Morning market wrap: US stocks trail higher

The All Ordinaries is expected to take the lead from the markets in the US, with the Dow Jones having gained 1.17 per cent overnight...

S&P says Coles result has no impact on ratings

WITH AAP  |  FRIDAY, 19 SEP 2003
Coles Myer Ltd's annual result was above expectations but would have no impact on the retailer's ratings or outlook...

Afternoon market wrap: All Ords dragged down by CBA news

Tokyo share prices fell 0.86 per cent today in what dealers said was a technical correction to the market's recent sharp rise...

ATO fraud jailed four years

A former Australian Tax Office (ATO) employee has been jailed for four years over a complex scheme that defrauded the Commonwealth of more than a million dollars...