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General

House price declines now the major risk to growth: RBA

The Reserve Bank of Australia (RBA) appears to have shifted back to a neutral bias for monetary policy...

Property investment loans rise again in June: ABS

WITH AAP  |  MONDAY, 11 AUG 2003
The Reserve Bank of Australia (RBA) said today the argument to cut interest rates had weakened over the last three months, as official figures confirmed the property investment boom showed no signs of slowing...

FirstMac to launch $350 million securitisation issue: Macquarie

Macquarie Bank Ltd announced today that the FirstMac Group is launching a $350 million mortgage backed securitisation issue...

AMP Ltd discusses outside interest in its UK businesses

WITH AAP  |  MONDAY, 11 AUG 2003
AMP Ltd today said its underlying group earnings and United Kingdom writedowns for the first half were broadly in line with guidance previously given to the market...

Bendigo Bank reports 20% rise in net profit

Bendigo Bank Ltd today said it expects further improvements from all major activities this year after reporting a 20 per cent rise in net profit for 2002/03...

Investa increases POF interest to 39.7%

WITH AAP  |  MONDAY, 11 AUG 2003
Listed property trust Investa Property Group said today it had acquired a nearly 40 per cent interest in its takeover target Principal Office Fund

Proud Macquarie parents deliver bouncing Baby Wrap

Macquarie Wrap Solutions today officially launched the ‘Accumulator’ platform to help advisers provide platform services to a greater number of their clients...

Argo Investments posts 22% rise in net profit

Equity investment company Argo Investments Ltd today said that it believed there were some indications of a mild economic upturn in the year ahead...

Morning market wrap: US shares mixed in quiet trade

AAP  |  MONDAY, 11 AUG 2003
US equity markets closed mixed Friday amid weak turnover and little in the way of new data...

Wattle director pleads guilty to 48 charges: ASIC

Robert Edward Corbett, a director of the Brisbane-based Anscor Pty Ltd (Anscor), has pleaded guilty in the Brisbane District Court to 48 charges...