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General

Reserve Bank keeps interest rates on hold for 14th month in a row

The Reserve Bank of Australia (RBA) has announced today that the official cash rate would stay at 4.75 per cent, the third longest rates freeze (14 months in a row)...

Morning market wrap: US stocks, bonds end lower

AAP  |  WEDNESDAY, 6 AUG 2003
US stocks slumped overnight, driven lower by renewed rises in bond yields and a disappointing earnings report from Cisco Systems Inc.

fternoon market wrap: Local shares gain ground, but still end lower

Bargain-hunters helped push the Australian share market higher in afternoon trade, although the market still closed in the red...

Survey highlights shifts in market share among fund managers

A new survey has found that of the top five retail and wholesale investment managers, only the NAB group recorded growth in combined funds management in 2002-03

ASIC releases class order exemption relating to AFSL requirements

The Australian Securities and Investments Commission (ASIC) has released a class order exemption relating to the requirement to hold an Australian financial services licence (AFSL)...

AMP announces impacts of changes to its listed property trust

AMP Limited has announced today the various impacts of potential changes to its listed property trust (LPT) business that is managed by AMP Henderson Global Investors...

Midday market wrap: Australian shares, bonds a little firmer

The Australian share market crept higher in morning trade, following a mixed night on major international markets...

ASIC releases fee disclosure model to mixed support from industry groups

ASIC today released its much-awaited fee disclosure template, but which has gained only qualified support from major industry groups.

Finsuper reports 2% return on Moderate Growth option

WITH AAP  |  TUESDAY, 5 AUG 2003
Finsuper, the industry fund for the financial services and insurance sector, today reported a 2 per cent return on its Moderate Growth investment option for 2002/03...

Aussie Group reaches $10 billion mark in home loans

Aussie Group, Australia's largest non-bank lender, has reached the $10 billion mark in the value of home loans...