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General

Midday market wrap: All Ordinaries back into positive ground

Australian shares recovered from a rocky afternoon session yesterday. The All Ordinaries index moved 15.60 points higher by lunchtime to 2921.10 points...

Midday market wrap: All Ordinaries up despite banking losses

The All Ordinaries index was up marginally during the morning session, largely due to a $0.40 gain in News Corporation shares...

Reach and Telstra agree to new loan terms

Telstra has announced that Reach, the 50/50 Asian infrastructure joint venture with PCCW Limited, had agreed with its banking syndicate new terms for its $2.5 billion loan facility...

Government acts on super system "designed to fail"

The Federal Government has outlined a new approach to the governance of superannuation funds in a bid to make them more accountable to members...

AMP to sell $2.8 billion in mortgages, property loans

AMP has announced that it is to sell $2.8 billion in residential mortgages in New Zealand and property finance loans in both Australia and New Zealand...

New dwellings financed increase by 0.1% in February: ABS

The number of new dwellings financed in Australia for February 2003 increased by 0.1% to 52,018 as compared to January 2003...

Morning market wrap: US retreats, investors await earnings

US shares edged lower on Friday as the market contemplated an uncertain economic outlook and the quarterly reporting season with a degree of anxiety...

Former CNAL director added to APRA's banned list

Former Commercial Nominees Ltd (CNAL) of Australia director Peter Cain has been disqualified from acting as a responsible officer of a superannuation trustee, investment manager or custodian...

Victoria to carry $1billion onus of public transport subsidies

The state government of Victoria is having to fork out massive subsidies to keep Melbourne’s public transport running. In an announcement...

Tower continues restructuring with two new appointments

Tower Australia has continued to rebuild following a difficult 2002 with two new appointments to its risk and investment and risk and alliance businesses...