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General

GDP rises 0.1% from March to June quarter: ABS

The Australian Gross Domestic Product (GDP) recorded a 0.1 per cent increase from the March quarter to the June quarter this year, and a 2% increase for the year to June...

AMP reveals new wrap products for three dealer groups

AMP has announced that new wrap products – the first from the ASGARD eWRAP platform – are now available in its three aligned dealer groups...

Southcorp posts $922 million net loss

Australia's biggest wine group Southcorp Ltd today warned it expects revenues and volumes to be flat this year after reporting a net loss of $922.891 million for 2002-03...

NAB on track for cash EPS forecast

WITH AAP  |  TUESDAY, 2 SEP 2003
National Australia Bank Ltd (NAB) chief executive Frank Cicutto said today that the bank is on track to deliver its earnings per share forecast for the current financial year...

Mercer Trusts announces new CIO

Russell Clarke has been appointed the new Chief Investment Officer of Mercer Trusts, Mercer Investment Consulting has announced.

Morning market wrap: Global trading thin as US markets remain closed

AAP  |  TUESDAY, 2 SEP 2003
US markets were closed Monday for the Labor Day holiday, with trade in other major centres subdued amid low turnover.

Afternoon market wrap: All Ordinaries up slightly

The All Ordinaries closed trading this afternoon 11.8 points higher or about a third of one per cent, similar to the gains made in the Hang Seng index. Japan’s Nikkei index...

NAB chief leaves open on-market AMP share buying option

WITH AAP  |  TUESDAY, 2 SEP 2003
National Australia Bank Ltd chief executive Frank Cicutto today left open the option of buying more shares in takeover target AMP Ltd on-market...

ABS releases population statistics for Australia

The Australian Bureau of Statistics (ABS) said today that Australia’s estimated resident population at June 2002 of 19.7 million people is projected to grow...

Lowly two stars for Advance's Goldman Sachs-managed international equities

Morningstar has awarded an uninspiring two stars for Advance Asset’s Goldman Sachs Asset Management (GSAM) of Advance’s international equities management...