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

Superannuation

Suncorp Metway interim profit up 81%

AAP  |  FRIDAY, 27 FEB 2004
Suncorp Metway remains on track for a good full-year profit after today posting an 81% increase in interim net profit to $281 million.

Qsuper leads superannuation provider rankings

Preliminary results from Rainmaker research have shown that Qsuper is the best performing superannuation provider over the last year.

Perpetual wins fund manager award

Perpetual Investments has taken the top award in the Morningstar Fund Manager of the Year Awards for 2003.

Macquarie Equity launches second Equinox offer

Macquarie Equity Markets Group has launched its second offering of shares in its alternative investment, Equinox, which offers absolute returns with capital protection.

Mellon target institutional investors with new trusts

Mellon Global Investments Australia has launched two new wholesale trusts, the Mellon Global Tactical Asset Allocation Trust and the Mellon Global Equities Trust.

Macquarie Infrastructure Group books half year net loss

AAP  |  THURSDAY, 26 FEB 2004
Macquarie Infrastructure Group today reported a net loss of $386.264 million for the first half of 2003-2004, compared to a net profit of $498.823 million in the previous corresponding period.

IAG posts strong increased in half year profits

AAP  |  THURSDAY, 26 FEB 2004
Insurance Australia Group posted a strong increase in profits for the half year to December 2003 on the back of resurgent equity markets and solid acquisitions.

ANZ on track for market expectations of earnings growth

AAP  |  THURSDAY, 26 FEB 2004
ANZ Banking Group said it expects to achieve market expectations for cash earnings per share growth of 9% in 2003-2004, continuing the banking sector's return to more specific profit guidance.

Promina announce $200-$300 million capital raising for growth

AAP  |  THURSDAY, 26 FEB 2004
Trans-Tasman insurer Promina Group has revealed plans to raise $250-$300 million for future growth after booking a full year net profit that topped its own prospectus forecast by more than $100 million.

ASX in strong position for full year, but warns of unpredictability

AAP  |  WEDNESDAY, 25 FEB 2004
Strong growth in trading volumes in January and February means ASX Ltd is well positioned for a strong full year results, although the company warned of the unpredictability of the market.