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General

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...

Building approvals rise 4.7% in March 2003: ABS

The total number of dwelling units approved for March 2003 was 13,341, an increase of 4.7 per cent over the previous month and a fall of 7.4%...

Anglican super revamps manager line-up, investment options

The Anglican Church Master Superannuation Fund (ACMSF) has announced that it will expand its investment options to "up to 14" on September 1...

InvestorWeb backs growth managers despite performance woes

InvestorWeb has stressed the importance of sticking with growth managers as part of a broader investment strategy despite their relatively poor performance over the past three years...

Transparency the key to corporate governance: Costello

Federal Treasurer Peter Costello has highlighted the importance of risk-taking in corporate life-as long as it is combined with transparency-as businesses come to terms with increased emphasis on corporate governance in the post HIH environment...

Analysis: Dealer groups line up behind Australian equities

Financial planning dealer groups are almost unanimously confident on the outlook for Australian equities, according to the latest research conducted by the Financial Standard Intelligence Unit...

Newspaper job advertisements down 12.1% in April: ANZ

The number of job advertisements in major metropolitan newspapers fell by 12.1 per cent in April – the largest decline in four months – the latest ANZ Job Advertisements series has revealed...

Macquarie launches forestry product to retail investors

Macquarie Alternative Assets Management has launched a forestry product to the retail market...