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General

AGP sells Sydney office properties for $397 million

Australian Growth Properties Limited (AGP) has announced that it had sold its office properties on 363 and 345 George Street in Sydney for a combined $397 million...

SAITeysMcMahon extends tax-effective grape offering

SAITeysMcMahon Agribusiness has announced an extension of its Treviso Table Grape Project following a  product ruling by the Australian Taxation Office (ATO)...

Morningstar reconfirms three-star rating for HSBC

Morningstar has reconfirmed its three-star rating for HSBC Asset Management but said the appointment of Jon Taylor as chief investment officer is a ‘positive’ strategic move...

ASIC backs Village Roadshow on dividend suspension decision

The Australian Securities and Investments Commission (ASIC) today announced that the suspension of preference share dividends by Village Roadshow was “permitted under the constitution of the company”...

QIC appoints two specialists for $300 million implemented fund

QIC has awarded two specialist small cap mandates to Perennial Value Management and Portfolio Partners as part of its $300 million QIC Implemented Australian Equities Fund...

Retail figures rise 1.2% to $14.83 billion in April: ABS

Retail trade, hospitality and services activity increased 1.2 per cent in April to $14.83 billion...

Ireland sets new course for Mariner

Former Challenger managing director Bill Ireland has wasted no time in plotting a new course for Mariner Financial and Mariner Retirement Solutions by unveiling a link-up with Industry Fund Services (IFS) and investment bank Babcock and Brown...

Morning market wrap: US shares resume upward swing

Domestic shares are likely to start the week on a positive note as the Dow Jones index finished strongly higher on Friday...

ACCC launches joint initiative to combat unscrupulous businesses

The Australian Competition and Consumer Commission (ACCC) and its Consumer Consultative Committee (CCC) have announced today...

Australians are the second biggest spenders after Americans

Australians rank second after the United States as the biggest spenders in the world, and changes in spending patterns over the past three decades...