02/04/2008 - 06:30

Today's Business Headlines

02/04/2008 - 06:30

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Meltdown fear for WA juniors snared in Opes; Mt Gibson eyes appeal despite win; Opes clients: don't dump our shares; Westpoint adviser escapes prison with theft plea; Reserve hints at peak of rate cycle

Today's Business Headlines

Meltdown fear for WA juniors snared in Opes
Nearly 100 junior WA companies are thought to be up in the Opes Prime collapse, sparking investor fears of a meltdown of forced selling drives down share price.

Mt Gibson eyes appeal despite win
Mt Gibson Iron may return to the Takeovers Panel to seek sanctions on a Chinese investor which has been banned from buying a $408 million stake in the WA iron ore miner. The West

Opes clients: don't dump our shares
Investors sought an urgent injunction yesterday in the Federal Court in Melbourne, in the first legal challenge to emerge from the collapse of stockbroker Opes Prime. The Australian

Westpoint adviser escapes prison with theft plea
Former high-flying financial planner Annemieke De Boer escaped with a 12-month suspended jail sentence when she pleaded guilty in the District Court yesterday to stealing $48,000 she was supposed to have invested on behalf of a client. The West

Reserve hints at peak of rate cycle
The Reserve Bank of Australia has predicted inflation should finally fall as the economy cools, indicating that this would mean interest rates do not have to rise anymore. The Australian

THE WEST AUSTRALIAN
Business: Mt Gibson Iron may return to the Takeovers Panel to seek sanctions on a Chinese investor which has been banned from buying a $408million stake in the WA iron ore miner.

Former high-flying financial planner Annemieke De Boer escaped with a 12-month suspended jail sentence when she pleaded guilty in the District Court yesterday to stealing $48,000 she was supposed to have invested on behalf of a client.

Nearly 100 junior WA companies are thought to be up in the Opes Prime collapse, sparking investor fears of a meltdown of forced selling drives down share price.

 

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