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General

Investa acquires Queensland residential site for $26 million

Investa Property Group has announced that it has acquired a residential subdivision site in Queensland close to the University of the Sunshine Coast for $26 million...

Government appoints Reith for EBRD in London

The Government has nominated Peter Reith as an executive director at the European Bank for Reconstruction and Development (EBRD) in London for a three year period...

Morning market wrap: US shares edge lower

Shares in the US were marginally weaker overnight as investors again were again prepared to sit on the sidelines and await corporate earnings figures...

Afternoon market wrap: Banks continue to climb

The All Ordinaries index finished 25.20 points higher over the course of the day, although the afternoon session was more sluggish that the morning period as softer numbers from Asia somewhat put a cap on earlier gains...

Investment Analysis: Value and Growth go their separate ways

The disparity in the performance of Australian value and growth stocks has blown out over the past two years against the backdrop of tough market conditions...

Australian Unity gets 'competent' rating from Assirt

Assirt has given a ‘competent’ business management and operating capability rating to Australian Unity Funds Management...

AMP recommends rejection of Centro bid for ART

The directors of AMP Henderson have recommended to their unitholders that they reject Centro Property’s offer for their units in the AMP Shopping Centre Trust (ART), citing “prospects of a superior offer”...

SingTel to sell 1.14 billion SingPost shares

SingPost has announced the launch an initial public offering (IPO) of 1.14 billion shares on the Singapore stock exchange to raise S$684 million (A$629.28 million) as a result of SingTel’s decision to sell down its holding in the company...

Government backs Dawson Committee findings

The Federal Treasurer has backed the findings of the Dawson Committee to review the competition provisions of the Trade Practices Act 1974. The report by the committee, led by Sir Daryl Dawson...

Midday market wrap: Banks lead index higher

The market enjoyed a positive morning session, as good support for the banking sector contributed to a gain on the All Ordinaries index of 21.60 points...