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General

ASIC defends Rivkin sentence

Australian Securities and Investments Commission (ASIC) has defended the nine month periodic detention and $30,000 fine handed down to Sydney...

Lend Lease to exit troubled US REI business, cuts 600 jobs

Property developer Lend Lease will exit its troubled US Real Estate Investments (REI) business but not before further writedowns of up to $US300 million...

CSR's Kirby to join Macquarie Bank board

CSR chief executive officer Peter Kirkby is to join the board of Macquarie Bank as an independent non-executive director...

New private capital expenditure falls 5.3% in March quarter

New private capital expenditure for the March quarter decreased 5.3 per cent to $13.20 billion...

Rivkin gets $30,000 fine, nine months periodic detention

Sydney stockbroker Rene Rivkin has today been sentenced to nine months periodic detention and fined $30,000 for insider trading...

Midday market wrap: More pain for AMP

AMP shares continued to defy the stronger overall sentiment, falling by $0.06 during the morning session to $4.81...

Midday market wrap: All Ordinaries rises, AMP falls

The All Ordinaries moved 24.80 points higher by lunch in the slipstream of strong overnight gains on Wall Street...

Dodd resigns from Macquarie Goodman Funds Management

Macquarie has announced the resignation of Dr Peter Dodd from the board of Macquarie Goodman Funds Management...

Stockland targets AMP Diversified Property Trust

Property development group Stockland has launched an unconditional takeover bid for AMP Diversified Property Trust...

Centro, Westfield request trading halts pending announcements

Listed property groups Centro Properties and Westfield Trust have both requested trading halts pending announcements to the market...