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General

Lend Lease to sell US real estate equity advisory business to Morgan Stanley

Lend Lease Corporation has today announced that it had contracted to sell the majority of its United States real estate equity advisory business to Morgan Stanley...

Afternoon market wrap: Australian shares end off highs

The Australian equity market posted its ninth consecutive gain...

Sherry accuses Government of "another major super bungle"

Shadow Minister for Retirement Incomes and Savings Nick Sherry today said that a $245 million hole has been blown in the Howard government’s Budget due to the failure of temporary residents...

ASIC imposes three-year ban on South Australian adviser

The Australian Securities and Investments Commission (ASIC) has banned Shane Holmes of Frewville, South Australia from acting...

Challenger closes down operations in the UK

Challenger International Limited (CLI) has decided to close its UK operations after reviewing the company’s operations. The decision follows the results of the review...

Disqualified Sydney businessman sentenced to jail

Sydney businessman Stephen John Taylor was sentenced to six months jail today after pleading guilty to two charges of managing a corporation whilst disqualified...

Midday market wrap: Australian shares open lower

The Australian share market followed major offshore markets lower Monday morning...

Sharp reduction in inheritance wealth despite rise in per capita income: AMP

Four in five baby boomers mightn’t receive a significant inheritance, despite accumulated wealth per Australian having tripled since the 1960s...

Van Global hedge fund climbs 3.4% in May

The Van Global Hedge Fund Index rose 3.4 per cent net of fees in May – increasing its year-to-date return to 6.7% net – and hedge funds...

AMP Banking drops one year fixed rate to 4.99%

Amid predications that the Reserve Bank of Australia (RBA) may soon lower interest rates, AMP Banking has reduced...