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General

New ASFA paper to help reduce super fraud risk

With over $500 billion in assets, superannuation funds could pose an attractive target for would-be perpetrators of fraud...

Afternoon market wrap: All Ordinaries dip lower

The All Ordinaries dipped slightly in the day’s trading whilst Japan’s Nikkei index rose almost 1.75 per cent or 187.80 to 10734.13...

TXU to float Australian business to pay $3 billion debt

Texan energy giant TXU Inc is looking to float part of its Australian business in early 2004, to pay down nearly $3 billion in debt and fund growth...

Fletcher Forests posts $271 million net loss

WITH AAP  |  FRIDAY, 12 SEP 2003
Fletcher Forests posted a net loss of $271 million for the year ended June, and said today it will defer a $140 million payout to shareholders...

ASFA appoints new marketing and member services manager

The Association of Superannuation Funds of Australia has appointed Deborah Young as its new marketing and member services manager...

Midday market wrap: Australian stocks track US gains

The Australian stock market at noon today had made modest gains in the wake of firmer trading in the United States, with most of the major banks, resources stocks and Telstra in positive territory...

Midday market wrap: $A strengthens following ABS jobs data

AAP  |  THURSDAY, 11 SEP 2003
Stocks on the Australian share market were down by noon today, but trading was healthy as investors saw the market as a safe haven...

Federal Treasurer Costello indicates that the economy is very strong

Federal Treasurer Peter Costello said that today’s job figures indicated that the domestic economy was very strong...

SAITeysMcMahon flagship fund inflow set to grow 25%

SAITeysMcMahon’s flagship product -the Diversified Property Fund (DPF) – is forecast to grow Funds Under Management (FUM) by 25 per cent this quarter...

Buoyant housing lending finance figures for July: ABS

Housing lease finance across Australia rose 14.9 per cent from June to July 2003, from $461 million to $530 million according to statistics revealed by the Australian Bureau of Statistics (ABS)...