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General

Afternoon market wrap: Shares gain more ground in late trad

The Australian share market continued to creep higher in afternoon trade, with the All Ordinaries index ending the day up 11.2 points at 3,135.7.

Former CBA manager appears in court over $19 million stealing charge

A former manager of a Commonwealth Bank branch in Western Australia appeared in court today on a charge of stealing $19 million from the bank...

Tower completes rights issue

Tower Limited has successfully placed $NZ211 million ($A188 million) of new shares, the Trans-Tasman insurer announced today.

AMP comments on Moody's ratings downgrades

AMP has noted the ratings announcement made by Moody’s in London overnight. In the announcement, senior debt guaranteed by AMP Group Holdings was downgraded to Baa1...

Platinum rates highly: Morningstar

Platinum Asset Management, founded by former BT investment head, Kerr Neilson, and an international equities specialist, has been given a fund manager rating of four out of five by Morningstar.

AMP announces AG Holdings settlement

AMP Limited has announced that its subsidiary AG Australia Holdings Limited (formerly GIO Australia Holdings Limited) has reached a settlement in proceedings related to the takeover of GIO in 1999...

Assirt appoints Ibbetson managing director to replace Saunders

Ratings house ASSIRT has appointed Simon Ibbetson as managing director to replace Caroline Saunders...

Macquarie Office Trust announces 41% increase in net profits for the year

Macquarie Office Trust today announced a 41 per cent increase in net profits for the year to June 30,2003, from $72.8 million to $102.2 million...

Midday market wrap: Local shares make solid gains

The Australian share market traded higher in the morning session, following a mixed performance overnight in major international markets...

Unemployment rate rises marginally in July

The unemployment rate across Australia rose from 6.1 per cent in June to 6.2% in July, or from 620,000 to 626,900, the Australian Bureau of Statistics (ABS) said today...