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General

Standard & Poors lowers Tower ratings

Standard & Poor's Ratings Services has lowered the insurer financial strength and long-term counterparty credit ratings on various Australian and New Zealand subsidiaries of Tower Ltd...

Rivkin Financial Services requests trading halt

Rivkin Financial Services has this morning announced a share trading halt...

Morning market wrap: Nasdaq leaves Dow Jones behind

Technology shares in the US outpaced their ‘traditional’ counterparts overnight as the Nasdaq increased 11.71 points while the Dow Jones lost 81.94...

Saxby Bridge wins reprieve, Braysich ban lifted

The Administrative Appeals Tribunal (AAT) has upheld an appeal by Sydney’s Saxby Bridge Financial Planning and ABS Securities to request that the Australian Securities and Investments Commission (ASIC) reinstate its securities dealers’ licences...

Afternoon market wrap: All Ordinaries edge lower

The All Ordinaries edged lower at close of trading for the weekend as AMP renewed its downward spiral...

Survey reveals mixed returns in agribusiness investment schemes

Only eight out of 140 released and current projects in the Agribusiness Managed Investment Scheme (MIS) sector has paid returns to their investors...

Former Tyndal securities dealer pleads guilty to deception: ASIC

Mervyn Roach was arraigned in the County Court of Victoria in Melbourne today and has pleaded guilty to three counts of obtaining property by deception...

Advance appoints Kneen as head of distribution

Tom Kneen is the new head of distribution at Advance Funds Management...

Rene Rivkin stands down as Rivkin Financial chairman

Sydney stockbroker Rene Rivkin has stood down as chairman and a director of Rivkin Financial Services...

Morningstar downgrades Tower's business and management rating

Morningstar has decided to downgrade Tower’s business and management strength rating from ‘neutral’ to ‘negative’...