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General

Woolworths announces $532 million share buyback

Woolworths Limited announced today that the company has completed its off market buy back tender of approximately 46.7 million ordinary shares, representing around 4.4% of issues capital, at a price of $11.40 per share...

Fairfax buys Independent Newspapers for $1.09 billion

John Fairfax Holdings Limited has reached agreement with Independent Newspapers Limited to acquire all of INL’s New Zealand publishing for $1.096 billion

ASIC moves to further ease PDS burden

The Australian Securities and Investments Commission (ASIC) has again acted to ease the burden felt by companies due to the legal obligation to keep Product Disclosure Statements (PDSs) up-to-date...

Garrisons Accounting appoints voluntary administrator

Garrisons Accounting has announced that it has appointed Taylor Woodings as voluntary administrator...

BHP to issue $1.25 billion global bond

BHP Billiton today announced its intention to issue an inaugural global bond. The company is looking to raise $1,250 million with a maturity of 10 years...

Victoria, Queensland break rising unemployment trend: ABS

The latest Australian Bureau of Statistics (ABS) figures for Australia’s labour force showed a decline of 42,800 in the number of unemployed persons from 9,563,500 in February 2003 to 9,520,7000 in March 2003...

INVESCO scores four star rating from Morningstar

INVESCO Australia has been given a four star rating by Morningstar in its assessment of the company’s Australian equities sector rating for its GARP style approach...

Morning market wrap: Dow Jones steadies after Wednesday falls

The Dow Jones rose slightly overnight on some positive earnings results, especially in the tech sector, but the global picture was mixed as the FTSE-100 fell by 58.10 points...

Afternoon market wrap: Index retreats in afternoon session

The All Ordinaries index retreated slightly during the afternoon session in sympathy with weaker regional sentiment...

Government Superannuation Office puts $20 million into Investa

The Investa Property Group has secured a $20 million investment from the Government Superannuation Office (GSO), the administrator of the QSuper funds, Investa has announced...