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General

Investa needs 45% stake in POF takeover to have chance: Analysts

WITH AAP  |  TUESDAY, 5 AUG 2003
Investa Group Ltd would have to build a 40 per cent to 45% stake in takeover target Principal Office Fund (POF) to have any chance of toppling POF's own alternative proposal...

Australian economists expect RBA to leave rates unchanged in August

WITH AAP  |  TUESDAY, 5 AUG 2003
The majority of Australia's economists expect the nation's central bank board to leave interest rates unchanged after its meeting in Sydney today...

Federal, State and Territory governments to deal with property hustlers

The Commonwealth, States and Territories have agreed to set up a working party to establish a common regulatory framework...

Midday market wrap: Australian shares open lower

The Australian share market took the lead from major international bourses Friday, with the All Ordinaries trading almost half a per cent lower in trade Monday morning...

Government calls for inquiry into housing affordability

The Government has asked the Productivity Commission to inquire into the affordability and availability of housing for families and individuals wishing to purchase their first home...

Perth man sentenced for insider trading

A Perth company director, Michael John MacDermott, has been sentenced to 18 months jail for each of six counts of insider trading...

Morning market wrap: US stocks dip on disappointing data

AAP  |  MONDAY, 4 AUG 2003
US stocks ended the week lower, as July employment and manufacturing data fell short of investors’ optimistic expectations..

Ratings agency delivers mixed verdicts on two international equity funds

Ratings agency Morningstar has delivered mixed reports on the international equity capabilities of two local managers...

Inaugural Inspector General of Taxation appointed for five-year term

Sydney tax consultant, David Vos AM, was today appointed the inaugural Inspector-General of Taxation...

Afternoon market wrap: Australian shares end lower in quiet trade

The Australian sharemarket clawed back earlier losses, although still ending down on last Friday’s closing levels...