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General

Abacus buys Victorian industrial property for $11.1 million

The Abacus Property Group has announced the acquisition of an industrial property at Redwood Gardens Industrial Estate, Dingley, Victoria for $11.1 million...

Retail managed fund assets down 1.6% in March quarter

Australian retail managed fund assets decreased 1.6 per cent to $286.14 billion over the three months to March 31, according to Morningstar...

Midday market wrap: Promina continues to shine

The All Ordinaries index edged marginally lower during the morning session but Promina continued to move in the opposite direction, adding another $0.05...

Analysis: Fund managers upbeat on Australian equities

Ninety-one per cent of fund managers, asset consultants and research houses are confident that Australian share prices will rise in the next six-to-12 months, according to the latest Financial Standard Intelligence Unit market expectations survey...

Unsecured Stockford creditors to get 50-100% returns

Unsecured creditors of the liquidated accounting and financial services group Stockford are set to receive between $0.50 and $1.00 for every dollar owed...

Telstra Super unveils revamped investment strategy

Telstra Super has announced that it will implement a series of changes across its Member Investment Choice (MIC) options from July 1...

Mortgage broking industry posts record growth in December quarter

The total value of home loans generated by brokers has for the first time exceeded $10 billion...

Morning market wrap: See-sawing US shares finish weaker

Uncertainty of the underlying economic strength-or otherwise-of the US was illustrated by a weaker close on Wall Street on Friday...

FEA scraps ongoing fees from new woodlot project

Forest Enterprises Australia (FEA) has announced the release of its new woodlot project for 2003, its eleventh managed investment scheme...

Afternoon market wrap: Banks drag index to marginal loss

Losses in three of the four major banks contributed to a 1.90 point loss on the All Ordinaries index...