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General

Perpetual appoints David Deverall of Macquarie Bank as its new managing director

The board of Perpetual Trustees Australia today announced the appointment of David Deverall as its new managing director and chief executive officer...

Morning market wrap: US bonds down on strong data

US bond yields jumped to the highest level in a year, as a report from the US Commerce Department showed retail sales surged by 1.4% in July.

Afternoon market wrap: Australian shares lose ground in late trade

The Australian share market surrendered early modest gains, with the All Ordinaries index eventually closing 7.2 points lower at 3,143.2.

David Morgan reappointed Westpac CEO

Westpac Banking Corporation’s Board today announced the reappointment of David Morgan as Managing Director and Chief Executive Officer until 31 December 2007...

S&P leaves POF ratings on CreditWatch

WITH AAP  |  THURSDAY, 14 AUG 2003
Standard & Poor's Rating Services today said the ratings on Principal Office Fund (POF) remain on CreditWatch with negative implications after its responsible entity recommended...

Fund managers responding to customer demands: KPMG

The Australian funds management industry is reshaping its culture, and is focussed on providing better returns and better service to customers, according to a new survey...

Mirvac posts $223 million record profit

Property developers Mirvac Group Ltd today said it expects its 2004 distribution to be up more than 10 per cent after today posting a record profit for 2002/03...

Costello defends ASIC chief after tax scandal claims

Treasurer Peter Costello has defended the Australian Securities and Investments Commission (ASIC) chief David Knott's record...

Macquarie Securitisation prices $US1.2 billion from PUMA trust

Macquarie Securitisation Ltd today priced $US1.2 billion in US dollar denominated Class A notes to be issued from PUMA Global Trust No 4...

ASIC clarifies action relating to chairman's former legal partner

ASIC today released a statement clarifying its handling of matters relating to Mr Ian Collie, a partner in a former legal practice with outgoing ASIC chairman David Knott, and who was involved in a tax avoidance scheme in the 1980’s.