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General

Federal Court declares National Exchange offer deceptive

The Federal Court of Australia has declared that an unsolicited offer to OneSteel shareholders by National Exchange Pty Limited, and its sole director Mr David Tweed...

Wattle administrators sentenced

Rodney James Mackay and John Andrew Allen, directors of the Brisbane-based Mackay & Allen Pty Ltd, were sentenced today in the Brisbane District Court on 15 charges...

Piet Walters appears on further ASIC charges

Piet Cornelius Walters has appeared before the Cairns Magistrates Court on a further 12 charges brought forward by the Australian Securities and Investments Commission...

CBA announces senior appointment to investment and insurance services

The Commonwealth Bank of Australia (CBA) today appointed Brett Himbury as executive general manager, financial planning and advice services...

Labor fires another broadside in continuing tirade on Government super policies

The opposition Labor party has claimed that the Liberals’ super package announced on Sunday 7 September has a $250 million funding hole...

Airlines wait for NZCC response

Air New Zealand and Qantas are waiting on a "crucial" ruling by New Zealand's Commerce Commission (NZCC) before deciding how to best pursue their proposed alliance...

Morning market wrap: US stocks, dollar lower on recovery concerns

US stock markets pulled back overnight, as mobile phone giant Nokia warned of revenue weakness in the third quarter...

Afternoon market wrap: Hang Seng falls more than 2% in late trade

The Hang Seng plunged in afternoon trade, falling 2.19 per cent to 10856.32...

ASSIRT to monitor Schroder's new appointment for ratings purposes

Assirt Research has said that Ken Lambden, the chief investment officer and head of Australian securities at Schroder Investment Management Australia Limited (SIMAL)...

ABS releases data on household use of information technology

The Australian Bureau of Statistics (ABS) released data on household use of information technology which reveals that 61 per cent of households had access to a computer at home...