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General

ING acquires Melbourne industrial property for $8.48 million

ING Industrial Fund (IIF) announced today that it had acquired an additional industrial property in Victoria for $8.48 million...

MLC takes full control of Plum Financial Services

MLC is to acquire full ownership of Plum Financial Services for an undisclosed sum and invest $10 million over the next two years...

Business confidence index rises in March: National

Australian business conditions and confidence levels are proving “remarkably resilient” despite evidence of a broad based slowing in non-farm activity...

Assirt gives three stars to new Deutsche small caps fund

Assirt has given a three star rating to Deutsche Asset Management’s (DeAM) new small companies fund...

Morning market wrap: US gains muted, economic realism bites

The Dow Jones edged higher overnight but the significant rally was again across the Atlantic, as stocks in London jumped 121.40 points to 3935.80...

Tower appoints Taylor to group managing director

Tower has appointed acting chief executive Keith Taylor to group managing director as it continues to restructure following its $67.74 million loss last year...

Afternoon market wrap: All Ordinaries edge lower

The All Ordinaries edged lower by one point despite the mild overall gains recorded in the US stock market overnight as a result of weak economic data...

Financial services market to grow to $1.25 billion by 2012

The Australian financial services market will grow by 8.15 per cent per annum to $1.25 billion by June 30 2012...

IAG issues $400 million in subordinated notes in North America

Insurance Australia Group today announced the successful allocation of US$240 million ($400 million) of subordinated notes to lenders in the North American private placement market...

Super growth funds at the height of volatility:InTech

Growth oriented superannuation funds are experiencing one of their most volatile periods with median growth fund returns of 1.6 per cent for March 2003 making it the seventh successive month...