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General

New motor vehicle sales rise 1.3% to 79,316 in August: ABS

The number of new motor vehicles sales in August rose to 79,316 as compared with July’s 78,316, the Australian Bureau of Statistics (ABS) said today...

International merchandise imports rise to $10.88 billion in August: ABS

International merchandise imports rose to $10.88 billion during the month of August, driven mainly by a higher demand for manufactured goods, the Australian Bureau of Statistics (ABS) revealed today...

AMP updates market on demerger proposal

AMP Chief Executive Officer Andrew Mohl has released an update on the progress of the company’s demerger proposal to the market...

Westfield announces 7.5% rise in profits of its Brisbane shopping centre

Westfield have announced the annual accounts (for the year ended 30 June 2003) for the $182 million Carindale Property Trust, Brisbane’s largest regional shopping centre...

Aberdeen parent in takeover announcement

Aberdeen Asset Management PLC, the parent company of Australian-based Aberdeen Asset Management Ltd and which was formerly Equitilink, has moved formally to acquire rival Edinburgh Fund Managers Group PLC.

Morning market wrap: US stocks dip in quiet trade

US stocks traded slightly lower overnight, with new industrial production data providing little direction...

Afternoon market wrap: All Ordinaries gain slightly

The All Ordinaries gained 5.6 points in trading today or 0.175 per cent whilst the Nikkei index had a good day’s trading, gaining 174.22 points or 1.6%...

Former AMP agent pleads guilty to ASIC charge

Harold Frederick Moses, a former AMP superannuation agent, has pleaded guilty in the Sydney District Court to one count of defrauding...

Sen Sherry reiterates ALP's commitments to super policy issues

In an exclusive interview with the Financial Standard, the Shadow Minister for Retirement Incomes and Savings, Senator Nick Sherry, reiterated the Australian Labor Party’s...

Alpha wins UFM Australian equity mandate

United Funds Management (UFM), the investment division of SMF Funds Management Ltd, today announced the appointment of Alpha Investment Management as one of four managers of its Australian Equity Fund.