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Showing 391 - 400 of 423 results for "NZ Bank"

Afternoon market wrap: Stronger dollar drives shares lower

The Australian share market continued its retreat today as the aggressive local currency battered shares in resources and companies dependent on overseas earnings. The benchmark S&P/ASX 200 index closed 27.4 points lower at 3174.4 while the all ordinaries ...

ANZ boss takes pay cut

AAP  |  FRIDAY, 14 NOV 2003
ANZ Banking Group Ltd chief executive John McFarlane took a $400,000 pay cut for 2002/03, a move which the bank said reflected the performance of ANZ over the past 12 months. Mr McFarlane took home $2.48 million for the year ended September 30, 2003 ...

Afternoon market wrap: Australian shares close firmer

WITH AAP  |  THURSDAY, 13 NOV 2003
The Australian share market closed firmer today supported by strong resources and banking sectors. ABN Amro Morgans client adviser Margaret Morrissey said strong base metal prices overnight and a perception that banks have been oversold recently helped ...

Business lending may not match home loan slump: KPMG

AAP  |  THURSDAY, 13 NOV 2003
Banks could struggle to make up for a slowdown in mortgage growth by increasing loans to businesses, according to financial services group KPMG. Australia's big banks have pinned their hopes on an upswing in business lending to counter a slowdown in ...

ANZ raises standard variable home loan rate by 0.25 per cent

AAP  |  FRIDAY, 7 NOV 2003
ANZ Banking Group Ltd today said it will raise its standard variable home loan rate by 0.25 per cent to 6.82 per cent. It is the first major Australian bank to lift its home lending rates since the Reserve Bank of Australia increased the official cash ...

US energy group AES to make bid for Loy Yang - report

AAP  |  WEDNESDAY, 5 NOV 2003
United States energy company AES Corporation has reportedly joined the race to buy Victoria's biggest electricity producer, Loy Yang, with a $3.1 billion bid. The bid aims to trump an offer from Australian Gas Light, which has faced delays in getting ...

Morning Market Wrap: Caution ahead of data releases

The Australian share market is likely to post cautious gains, after an upbeat lead from Wall St at the weekend. A swag of local economic data due out today should also give some direction to investors. National retail sales figures for September, and ...

September retail sales may fall: economists

AAP  |  THURSDAY, 30 OCT 2003
Australian retail sales may have fallen slightly in September although this was some consolidation after three months of strength, according to economists. Economists tip September retail trade figures, to be released on Monday, to fall marginally. ...

Fight on for slice of ANZ rights issue underwriting

AAP  |  WEDNESDAY, 29 OCT 2003
Financial institutions are jostling for the right to sub-underwrite ANZ Banking Group Ltd's $3.6 billion rights issue which will pay for the acquisition of the National Bank of New Zealand (NBNZ). ANZ last Friday announced it was buying NBNZ for $4.9 ...

Afternoon market wrap: Shares continue to lose ground

WITH AAP  |  FRIDAY, 24 OCT 2003
The Australian share market closed in the red, with interest focused on news that ANZ Banking Group had reached agreement to acquire the National Bank of New Zealand (NBNZ). The benchmark S&P/ASX 200 index closed down 10.1 points at 3256.2 while the ...