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Showing 5241 - 5250 of 5512 results for "September 2008"

Macquarie Financial Services backs new growth pensions

Macquarie Financial Services Group has issued its strong support for government moves to introduce legislative amendments to the new market-linked complying pension. "The legislation also makes it clear that, for pensions or annuities purchased on or ...

NAB prices $670 mil 10-year subordinated debt issue

AAP  |  WEDNESDAY, 26 MAY 2004
National Australia Bank on Tuesday priced a $670 million Lower Tier 2 fixed and floating rate subordinated debt issue maturing on June 2, 2014. The 10-year non-call five-year issue comprises two tranches. A $450 million tranche of 6.50 per cent coupon ...

Iluka Resources says CFO resigns, Grant appointed acting CFO

Mineral sands company Iluka Resources said Mark Hughes has resigned as chief financial officer (CFO). David Grant, 39, has been appointed to the position of Acting CFO. The company said Mr Hughes has accepted a position as the executive chairman of ...

Housing finance may have finally risen in March: economists

Housing finance in Australia may have risen in March for the first time in six months, according to some economists, while others expect the nation's overheated property market to have continued to cool. The Australian Bureau of Statistics (ABS) will ...

PBL announces takeover offer for Burswood Casino

AAP  |  WEDNESDAY, 28 APR 2004
Kerry Packer's Publishing and Broadcasting Ltd (PBL) last night made a takeover move on Burswood Ltd, seven months after becoming the largest stakeholder in the operator of Perth's casino and hotel complex. PBL subsidiary PBL (WA), currently holds 15.6 ...

TXU to sell Australian energy operations, pipeline unit for $3.41 billion

TXU Corp. has agreed to sell a gas pipeline unit and its Australian energy operations for US$2.5 billion ($3.41 billion) in a bid to slash debt and return to its roots as a Texas power company, it said on Monday. The move, which sent TXU shares up 13 ...

IMF says world economic outlook rosy

AAP  |  THURSDAY, 22 APR 2004
... and Asia. In good news for Australian exports, the global economy was expected to grow 4.6% this year - from 4% in September - and 4.4% next year. The US economy was tipped to grow 4.6% this year and 3.9% in 2005 while China, Australia's fastest-growing ...

Nine top AMP executives pocket combined $18 million pay in 2003

AAP  |  THURSDAY, 1 APR 2004
AMP's top nine executives pocketed a combined $18 million in 2003, a year in which the wealth management company presented shareholders with a massive net loss of $5.5 billion. According to AMP's annual report, issued today, chief executive Andrew Mohl ...

Challenger sells $71 million forestry assets to Great Southern

AAP  |  MONDAY, 22 MAR 2004
Challenger Financial Services Group today announced it had entered into an arrangement with Great Southern Plantations (GSP) for the rights and obligations to acquire approximately 84,000 hectares of forestry assets. Under the terms of the arrangement ...

Home loan affordability lowest in over eight years

AAP  |  FRIDAY, 19 MAR 2004
Home loan affordability across Australia was at its lowest in more than eight years at the end of 2003, making it even more difficult for first home buyers to enter the property market. During the December quarter of 2003, home loan affordability in ...