Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

General

Midday market wrap: AMP weighs down index

The All Ordinaries index was 2.9 points higher at lunchtime, reflecting a strong finish last week in London and New York, although the 40 per cent plummet in the value of AMP shares severely limited any move to the upside...

Public Offer super fees to increase: KPMG

KPMG’s latest Public Offer Superannuation Fund Index has revealed that super funds are expected to increase their fees following the introduction of the quarterly Superannuation Guarantee regime from July 1...

Tough markets to increase Deakin losses by 50%

Deakin Financial Services has adjusted its loss projections for the year ending June 2003 from $1.2 million to $1.8 million...

Zurich adds Rothschild's Coggan to managed funds team

Zurich Financial Services Australia has added Melissa Coggan to its managed funds team in the role of strategic marketing manager as the latest part of its policy to promote its investment credentials...

Trade deficit down 22.24% in March: ABS

The Australian economy experienced a $1.48 billion trade deficit for the month of March 2003, a decrease of 22.24 per cent from the deficit experienced in February 2003 of $1.90 billion...

AMP sees 40 per cent wiped off share value

AMP shares were trading at $5.53 by mid-morning, effectively wiping off 40 per cent of the company’s share value...

Listed property sector rebounds in March-survey

The Listed property sector rebounded strongly in March following a poor month in February to return 4.39 per cent, beating the All Ordinaries and S&P 300 indices (3.92%)...

Morning market wrap: AMP braced for $3.00 fall

AMP shares are likely to start trading at around $5.60-5.70 after the company announced that it had raised $1.2 billion from institutional investors at a price of around $5.50...

ANZ financial literacy survey sparks political catfight

The release of the ANZ survey of adult financial literacy in Australia has re-ignited the political debate over ‘choice’ of super...

Afternoon market wrap: Index edges higher in afternoon trade

The All Ordinaries, although handicapped by the massive loss on the value of AMP shares, rose slightly in afternoon trade as other blue chips and the banking sector tracked the gains recorded at the end of last week in London and in New York...