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General

Afternoon market wrap: Airlines hit by turbulence

The All Ordinaries index edged lower in sympathy with global indices but the losses were moderate in comparison to the heavy sell-off in Asian markets...

Banking complaints low despite transactions increase: ASIC

Complaints against banks decreased last year despite an explosion in the number of transactions, the Australian Securities and Investments Commission (ASIC) said today in its annual monitoring report on compliance...

Investment Analysis: The small cap explosion

Small capital value stocks are comfortably the most prolific wealth generator over the long term for investors prepared to wear the additional risk...

Tower boosts cash levels to meet APRA demands

Tower Limited today announced that it has completed a capital restructure to meet solvency requirements imposed by the Australian Prudential and Regulation Authority...

Misery continues for Australian equity funds: report

Australian wholesale equity funds lost an average of 13.79 per cent in the twelve months to the end of February 28, a fall from –10.24% at the end of January, Rainmaker Information said today...

IFSA welcomes ASX corporate governance guidelines

The Investment and Financial Services Association (IFSA) today welcomed the launch of the Australian Stock Exchange's (ASX) corporate governance guidelines...

Equity "hangover" has only just begun: Deutsche

Investors hoping for a turnaround in equity markets, particularly in the wake of the war on Iraq, will have a long wait according to Deutsche Bank’s global fixed income strategist George Cooper...

Westfield America earnings on track: Lowy

The chairman of Westfield America Trust, Frank Lowy, today announced at a members meeting that the company expects distribution per unit growth for 2003 to be in line with...

Qantas shares plummet as Dixon warns investors on profits

Qantas shares plummeted 12.2 per cent in morning trading, falling $0.36 to $2.96 after chief executive Geoff Dixon said it would be unable to meet market profit expectations for the full year...

Morning market wrap: Uncertainty plays on investor minds

As the prospect of a quick win in Iraq fades, investors react with uncertainty and have been non-committal as trading volume was down significantly in Wall Street...