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General

Planners retain confidence despite industry criticism: survey

Many financial planning practices are confident about the current and future state of their practices despite the storm of criticism unleashed on the profession after the release of the Australian Securities and Investment Commission/Australian Consumers ...

ASIC appoints liquidator to Queensland property company

The Australian Securities and Investments Commission (ASIC) has obtained orders in the Supreme Court of Queensland for a liquidator to be appointed to First Foundation Developments... 

Macquarie Forestry hails Lonsec recommendation

Macquarie Alternative Asset Management’s forestry investment has been awarded a ‘Highly Recommended’ rating from Lonsec...

CPA Australia launches nationwide business briefings

CPAs across Australia will have opportunity to learn the latest developments arising from HIH, CLERP 9, ASX Corporate Governance Council’s guidelines, and achieving IFRS compliance by 2005, through a series of CPA Australia business briefings...

Tower accepted $1.35 on fears of 'catastrophic' share price fall

Tower chairman Olaf O’Duill has revealed that the fear of a ‘catastrophic’ fall in the company’s share price persuaded its board to accept the security of a fully underwritten offer of $1.35 per share from Guinness Peat Group even though the ...

Administered companies still obliged to report: ASIC

The Australian Securities and Investments Commission (ASIC) has released an interim policy statement outlining the financial reporting and annual general meeting obligations of externally administered companies...

Midday market wrap: Westpac sell-off defies stronger sentiment

Westpac shares defied the broadly positive sentiment during the morning session, falling by $0.35 to $16.42...

GDP grows 2.9% for 2002-2003 and 0.7% in the March quarter: ABS

The Australian Gross Domestic Product (GDP) grew at 2.9 per cent from March 2002 to March 2003...

Midday market wrap: AMP climbs to $5.01

AMP  rose by $0.08 during the morning session to take the stock back above the $5.00 mark...

Interest rates and strength of Australian dollar to rise: NAB

The Reserve Bank of Australia’s (RBA) cash rate is expected to remain unchanged at 4.75 per cent till the March quarter of 2004 and may rise to 5% in June 2004 and onwards to 5.25% in September 2004...