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General

Morning market wrap: Dow Jones ends losing streak

Shares in the US picked up 25.07 points on the Dow Jones index after US Federal Reserve chairman Alan Greenspan indicated to the US Congress’ Joint Economic Committee that it would “not be unreasonable” to expect a pick-up...

Principal Office Fund leaps to six-year high

Principal Office Fund units have jumped to a six-year high, following Investa Property Group’s purchase of an 8.4 per cent "strategic" stake in the trust...

Afternoon market wrap: All Ordinaries continues to climb

The major banks led the index higher in afternoon trade, pushing the All Ordinaries index to an overall gain of 20.80 points...

Walters appointed head of BT/Westpac financial planning

Scott Walters has been appointed as the head of financial planning at Westpac and BT, effective June 2...

S&P leaves AMP and Investa ratings unchanged

Standard & Poor's Ratings Services has left AMP Bank’s ‘counter-party’ and ‘related debt’ ratings unchanged despite AMP's announcement of an agreement to sell its $222 million rural loan portfolio...

BHP Billiton and Gilbertson settle on $12.43 million payout

BHP Billiton has announced that it has reached agreement with Brian Gilbertson on a termination payout...

Perpetual, Colonial small caps get five stars from Morningstar

Perpetual Investments (Smaller Companies Share Fund) and Colonial First State (Developing Companies) have both been given five-star ratings...

Costello refuses to be drawn on rising dollar implications

The rise of the Australian dollar was due to a “correction” in the market, Federal Treasurer Peter Costello said today...

S&P raises ratings on Promina subsidiaries

Standard & Poor's Ratings Services has raised the ‘insurer financial strength’ and ‘counter-party credit’ ratings on Promina Group’s principal general insurance subsidiaries to A from A-minus...

Midday market wrap: All Ordinaries heads north

Gains across the major banks helped lift the All Ordinaries index to a 16.10 point gain by lunch. Westpac led the way, adding $0.17...