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General

ANZ reaffirms 8% earnings growth for 2003 year

Australia and New Zealand Banking Group Ltd (ANZ) said today that it had reaffirmed an 8 per cent earnings growth outlook for 2003 year...

Morning market wrap: US stocks up, bonds lower

US stocks firmed overnight as the Federal Reserve left short-term interest rates steady and hinted they could be held low for ‘a considerable period’

Westfield US posts $270 million interim net profit

Westfield America Trust today said its long-term growth prospects remained strong after its net profit jumped 65 per cent jump in the first half. The United States arm of Australian shopping centre owner Westfield Holdings posted a $269.6 million...

Afternoon market wrap: Shares push higher in afternoon trade

The Australian share market followed the lead of US markets overnight, pushing higher throughout the morning session...

ASIC releases updated guide for PS146 compliance, lodges Chapel Road appeal

The Australian Securities and Investments Commission (ASIC) today released an updated version of its guide Small business and your AFS licence: Compliance with Policy Statement 164...

ANZ chief slams ACCC over EFTPOS decision

ANZ Banking Group Ltd chief executive John McFarlane expressed disappointment today at the lack of communication from new Australian Competition and Consumer Commission...

FPA calls for full disclosure on Risk Products

The Financial Planning Association (FPA) has rejected a parliamentary committee's recommendations to permit non-disclosure of commissions on risk products...

IMF believes global economy's prospects are improving

The deputy head of the International Monetary Fund (IMF) today said prospects for the world economy were looking better since the group released its last economic scorecard in April...

National wage cost index rises 0.6% in the June quarter: ABS

The Australian Bureau of Statistics (ABS) today released the latest figures on Australia’s wage cost index for the June quarter, revealing a 0.6 per cent increase...

Midday market wrap: Local shares claw higher

The Australian share market opened modestly higher, following gains overnight in major international markets...