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General

S&P assigns A-minus long-term rating to ANZ StEPS issue

Standard & Poor's Ratings Services has assigned its A-minus long-term rating to Australia and New Zealand Banking Group Ltd's (ANZ)...

Midday market wrap: Local shares open higher

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

S&P rates Westpac preferred security issue, CFS Gandel Retail Trust

WITH AAP  |  WEDNESDAY, 13 AUG 2003
International ratings agency Standard & Poor's (S&P) said today that it has assigned its A-minus long-term rating to the $US750 million trust preferred security issued by Westpac Banking Corp...

AMS launches $750 million RMBS offer

Australian Mortgage Securities Ltd today launched a $750 million Residential Mortgage Backed Securities (RMBS) offer...

Commonwealth Property announces $171.3 million profit for the year

Colonial First State Property, the manager of the Commonwealth Property Office Fund (CPA) has today announced a net profit of $171.3 million for the fund...

ANZ launches €300 million subordinated debt transaction

ANZ Banking Group Ltd overnight launched a 300 million euro subordinated debt transaction, issued via UBS...

New ACCC chief lashes out at critics

WITH AAP  |  WEDNESDAY, 13 AUG 2003
New competition watchdog Graeme Samuel today hit back at critics who have accused him of being a toothless tiger...

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...