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General

Afternoon market wrap: Banks suffer as All Ords falls

Australia’s banks were among the big casualties as the All Ordinaries index retreated by 13.80 points by the close of trade.

Investors shy away from risk as losses kick in: AIM

Increasingly demanding investors are showing greater reluctance to risk and are actively seeking out ‘alternative’ investments to stem the losses from two miserable years on equity markets, according to Mark Beveridge of boutique manager Australian ...

BT Wrap extended to Westpac Planners

The integration of BT Financial Group into Westpac took another huge step forward today with the official launch of the BT’s Wrap platform to 670 Westpac Financial Planners throughout Australia.

Investor Group picks up Stockford's Collins Street business

Investor Group today announced the purchase of the Collins Street financial services business from troubled Stockford in a part cash-part equity deal.

Midday market wrap: Commonwealth slide continues

The All Ordinaries index slipped lower at during morning trade, depressed by heavy losses on the FTSE-100 on Wednesday.

Media giants back new $100 investment venture: report

Cameron O’Reilly, son of Independent News and Media boss Tony O’Reilly, has started up a new investment firm called Bayard Capital with the backing of some of Australia’s most prominent media figures, according to a report published in the Sydney ...

Decrease in housing finance for January 2003: ABS

The Australian Bureau of Statistics’ (ABS) latest figures on housing finance for owner occupation in January show significant declines in the construction and the purchase of new dwellings in comparison to January 2003.

Afternoon market wrap: All Ords rallies, CBA hammered

The All Ordinaries index rallied in afternoon trade to finish just 4.60 points lower over the course of the day, buoyed by strengthening indices in Asia, in defiance of the overnight losses on Wall St. AMP regained some lost ground, bouncing back over ...

ASFA lambasts government on super tax policy

The Association of Superannuation Funds of Australia (ASFA) today criticised the Federal Government for “not living up to its election commitments to provide a better retirement future for Australians.”

ASIC suspends registration of Sydney-based liquidator

The Australian Securities and Investments Commission (ASIC) today announced the suspension of registration of John Greer as both a registered company auditor and registered liquidator for a period of four years as he failed to adequately and properly ...