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

General

Centro takes AMP to Takeovers Panel over Shopping Centre Trust

Centro has lodged an application with the Takeovers Panel in a bid to kick-start its stalled bid for the AMP Shopping Centre Trust (ART), seeking legal clarification on the ‘pre-emptive’ rights issue that threatens to derail the bid...

Morningstar upgrades BT global equities, downgrades property

Morningstar has announced an upgrade of BT Financial Group’s international equities sector strength rating from ‘neutral’ to ‘positive’ in tandem with a downgrade for its listed property rating from ‘neutral’ to ‘negative...

Afternoon market wrap: Heavyweight pummels index lower

News Corporation lost over $1.00 during the day, finishing at $10.70, helping the All Ordinaries index to an overall loss of 11 points...

ASIC releases results of accounting surveillance

The Australian Securities and Investments Commission (ASIC) has released the second stage results of its accounting surveillance project that it begun in July 2002...

Super funds call for improved WH&S disclosure management

The Public Sector Superannuation and Commonwealth Superannuation Scheme (PSS/CSS) and Catholic Superannuation Fund (CSF) have called on companies to significantly improve public reporting of workplace health and safety (WH&S) risk management...

Principal "reviewing" Westpac indemnity over BT compliance breach

Principal Financial Group said today that it was “reviewing” whether Westpac would be protected by an indemnity agreement signed with the Iowa-based group in relation to a compliance breach by BT Funds Management in New Zealand...

UBS sells CSC to Fidelity for $500 million

UBS today announced that it had signed an agreement to sell Correspondent Services Corporation (CSC), a division of UBS PaineWebber, to Fidelity Investments for a reported $500 million...

Superannuation assets increase $12.2 billion in September quarter 2002

The Australian Prudential Regulation Authority (APRA) today said that superannuation assets have increased by 2.4% for the quarter from September 2002 to December 2002

Midday market wrap: Air New Zealand loses 3.5% after ACCC verdict

The All Ordinaries continued to slide lower, dragged down by heavyweight News Corporation after it sealed a $6 billion pay TV deal in the US. The stock was a hefty $0.84 lower...

Midday market wrap: All Ordinaries edges lower

The All Ordinaries was trading 0.43 per cent lower at lunchtime as Qantas shares dropped 4% to $3.08...