Secret mortgage check

Article Abstract:

The reality of the falling property market begins to bite as National Australia Bank is reviewing the risk profile of its customers defaulting on their home loans because of falling property values. The prominent property seminar present Henry Kaye will face Federal Court proceedings on January 29,2004, his company National Investment Institution allegedly owing creditors more than $50 million.

Commercial Banks, Financial management, Commodity & service prices, Services information, Banking industry, Finance, Services, Prices and rates, Company financing, National Australia Bank Ltd., Company pricing policy, Commercial real estate

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The shy success

Article Abstract:

The financial performance of Reece Australia, a plumbing retailer is discussed. This small company has recorded an average annual earnings per share growth of 30.7% in the past three years. Its market capitalization is merely $1.3 billion. Though the company is listed on the Australian Stock Exchange, it is managed more like a family business.

Sales, profits & dividends, Forecasts, trends, outlooks, Management dynamics, Plumbing fixture fittings and trim, Plastics plumbing fixtures, Vitreous plumbing fixtures, Management, Company sales and earnings, Company earnings/profit, Company Profile, Company business management, Plumbing industry, Small and medium sized companies, Company business forecast/projection, Company forecasts, Reece Australia Ltd.

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