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General

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...

Property funds performance declines in February: report

Australian property funds suffered a decrease in performance during February, but still managed to outperform a depressed equity market...

Retirement income funds suffer 13% sales slowdown: IFSA

Total retirement income funds under management increased by 2.3% over the December quarter to $45.7 billion but total sales were down by over 13% for the quarter to $2.4 billion...

Afternoon market wrap: All Ordinaries gains ground, AMP up $0.09

The All Ordinaries index shrugged off the softer sentiment across global indices in afternoon trade...

AMP transfers UK banking portfolio to Newcastle

AMP today entered an agreement to transfer its UK banking portfolio to Newcastle Building Society...

Impact of war should be put in context: ICAP

The dominant factors determining the shape of the global economy over the next year are likely to relate to corrections from economic problems predating the Iraq war...

Midday market wrap: Market static ahead of weekend

The All Ordinaries index was little changed during the morning session with investors unprepared to take any major positions ahead of the weekend...

Commonwealth faces up to "challenging" market

The Commonwealth Bank of Australia's (CBA) total assets under management fell $11 billion to around $95 billion in the second half of 2002 against a backdrop of tough market conditions and a preference for 'value' style management...