Australian Business News - Commodities, Markets, Legal, Technology, Mining, Energy and Small Business
Tuesday 16th September 2014
By Elizabeth Redman The Australian sharemarket is slightly lower at noon, weighed down by falls in bank stocks as investors take profits after Commonwealth Bank's record result. At 12. 05pm (AEST), the benchmark S&P/ASX200 index...
By Stephen Letts “Lower interest rates have been positive for the housing and construction sectors, where increased activity has gone some way to offset the impacts of the anticipated reduction in investment in the...
By Mitchell Neems CBA group executive of institutional banking and markets, Kelly Bayer Rosmarin, said the lender's leadership in technology and innovation would allow it to quickly deliver significant cost savings and efficiency dividends...
By Elizabeth Redman The toll road operator said the new $1. 27bn of debt has been provided by local lenders Australia and New Zealand Banking Group, Commonwealth Bank of Australia, National Australia Bank and...
CBA whistleblower and former financial planner Jeff Morris said developments at Fortnum and Ethical Financial were the start of a trend against the “fatally flawed”, vertically integrated model, whereby product manufacturers seek to control...
Finance and mining stocks dominated the losses with BHP Billiton slipping 0. 75 per cent and Rio Tinto nearly 0. 2 per cent. Atlas Iron dropped 6. 3 per cent and gold miner Newcrest...
For Macquarie, it may have seemed that the undertaking put an end to controversy over its financial advisory arm - the group says it ‘‘has been working closely with ASIC to make the necessary improvements...
By Staff Reporter Fairfax reports the Commonwealth Bank whistle-blower Jeff Morris says the Macquarie situation shows the corporate regulator, the Australian Securities and Investments Commission (ASIC) is "utterly ineffective" and reiterated his call for...
For Macquarie, it may have seemed that the undertaking put an end to controversy over its financial advisory arm - the group says it ‘‘has been working closely with ASIC to make the necessary improvements...
By Simon Frazer Among the energy stocks, Woodside was down 1. 5 per cent as investors meet in Perth to decide on the fate of a proposed share buyback. Santos had fallen 1. 4...
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