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General

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.

APRA approves Host-Plus trustee

The Australian Prudential Regulation Authority (APRA) has granted a licence to Host Plus Pty Ltd (Host Plus) as an approved trustee of public offer superannuation funds...

Coles Myer records 6.1% growth in sales to $27.02 billion in 2003

Coles Myer has announced today that its sales have gone up 6.1 per cent to $27.02 billion for the 2003 financial year...

Moody's assigns A2 rating to ANZ $750 million issue

Moody's Investors Service assigned an A2 rating to ANZ Banking Group Ltd's issue of reset preference shares...