Australian banking major ANZ is rebranding its ING wealth management and life insurance business as OnePath, the brand name of its own organically built specialist find management and life insurance business.Phil Chronican of ANZ says the lender is establishing a more diverse set of options for its ...
The ASX 200 down 0.7%
A major Aevum Ltd (ASX: AVE) shareholder stressed on Wednesday that Stockland Corporation Ltd (ASX: SGP) could do much better than its rejected offer of $266 million in its bid to takeover the retirement village operator.
The Australian share market followed Wall Street into the red today, snapping a two day winning streak. The All Ordinaries Index (XAO) fell 26.8pts or 0.6pct to 4559.7, while the S&P/ASX 200 Index (XJO) fell 29.5pts or 0.7pct to 4542.1.
Cancer Council Australia and the National Heart Foundation of Australia today called on all political parties to back the plan to phase in plain packaging of tobacco products, as a new, big-budget media campaign funded by the tobacco industry seeks to roll back the important health measure.
Education and advisory services are not simply a significant component for any home loan related vendor but have become essential, according to a new consumer survey conducted by Home Loan Hints, at a time when consumers say they cannot trust most of the home loan advice on offer.
SunPower Corporation (Nasdaq: SPWRA, SPWRB), a manufacturer of high-efficiency solar cells panels and systems, today announced its completion of a 505-kilowatt solar power installation for Horizon Power, a government-owned utility servicing remote and regional communities and resource operations in Western Australia.
Family doctors will resent comments made by the Federal Health Minister Nicola Roxon that GPs who have medical practices near government-funded Super Clinics need to question the services they offer, said Dr Adrian Sheen, President of Doctors Action.
Insurance and investment firm AXA Asia Pacific Holdings Ltd (ASX: AXA) issued confirmations on Wednesday on its earlier announcement that its net profit retreated to $219 million in first half of 2010, suffering a slide of 19 percent from the $270 million netted last year.
Patterson Cheney Toyota in Dandenong Victoria has become the first car dealership in Australia to achieve a 5 Star Toyota Environmental Dealership (TED) rating.
The High Court has ordered one of Australia's major banks, Westpac Banking Corporation (ASX:WBC), to pay a former real estate agent $50,000 in damages for defamation resulting from its mistaken dishonouring of his company's cheques.
New figures published by the Australian Bureau of Statistics (ABS) on Wednesday showed that the country’s trade surplus registered at $3.539 billion in June, pointing to a gain of $1.714 million when compared to a previous corresponding period.
While market conitions are volatile Russell Investments doesn't see another downturn for the global economy, so the group forecasts sharemarkets end the year higher than current levels.
Australia's home price growth slowed less than predicted in the three months to June, as interest rates climbed and buyer demand weakened.
Private buyers raised up the ante on motor vehicle hunting in July as new vehicle sales soared by ten percent in the month compared to the sales figures posted in 2009 on the same month, with most customers taking a preference on the now-ubiquitous SUVs.
The Australian sharemarket opened slightly lower this morning after a selloff on the U.S. markets overnight.
Coal producer Linc Energy Ltd (ASX: LNC) said on Wednesday that it has sold its mining rights at the Galilee Basin exploration site, located in central-west of Queensland, for $500 million to Adani Enterprises of India.
Australian residents made a record 6.8 million short-term trips overseas in 2009-10, according to the latest data issued today by the Australian Bureau of Statistics.
Paint manufacturer Wattyl Ltd (ASX: WYL)on Wednesday that it has regained profit status this year, revealing that the company garnered an unaudited annual net profit after tax of $5.2 million for the 2010 financial year.
Activity in the service sector contracted in July, as government stimulus fades, according to a report.
US personal income and personal spending were both largely unchanged in June - with results below market expectations.
U.S. stocks fell Tuesday as disappointing earnings from Procter & Gamble and Dow Chemical and a round of weaker than expected economic data prompted worries about the strength of the recovery.
The Australian Dollar has opened above USD0.9100 after a night in which ambiguity and uncertainty presented themselves to the markets again.
After yesterday's strong move up on the S&P it's no surprise to see markets pull back and consolidate those gains. The lead in for the Australian market is relatively benign with the S&P 500 closing at 1120, down 0.5%.
The Australian Dollar fell below 0.9100 US earlier in the day following an unexpected decline of -3.3% in June building approvals.
No rate rise from the Reserve Bank yesterday, and no signals for what might happen in future months, as we got from Sep...
On the one hand, retail sales for June were weak, rising from May by just 0.2%, seasonally adjusted.Looking at the compo...
The building approvals figures for June were also mixed: a weak month to end what was started out as a strong year last ...
Is there life after a slump for Adelaide-based manufacturer Hills Industries?Judging by yesterday's full year result and...
Wheat prices at a two year high, copper hits a three month high, oil above $US81 a barrel, and other commodities such as...