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| | | ... given our rating so... a very small fraction of our wholesale funding is sourced overseas." By contrast, Australia's four major banks source about 40 per cent of their wholesale debt funding offshore where the Greek crisis is driving up the cost of money. ... |
| | | | The Australian stock market was higher at noon, extending gains from the open amid broad-based strength led by mining and energy companies. At 1200 AEST, the benchmark S&P/ASX200 index was up 50.7 points, or 1.13 per cent, at 4,525.0 points, while the ... |
| | | | ... of the funds will produce a more efficient trustee operation and better services for all members," said Senator Sherry. Major benefits will include access to better investment scale and potential for lower fees, particularly for serving and former Defence ... |
| | | | ... Ordinaries was up 9.4 points, or 0.21 per cent, at 4,523.2. NEW YORK - US stock markets rallied on Tuesday, with all three major indices leaping more than one per cent amid optimism that Europe would reach a deal to avoid a destabilising default by Greece. ... |
| | | | ... implementation process. David Graus will remain ASFA's general manager policy and industry practice. This is the fourth major strategic appointment by AustralianSuper in the last six months and follows a sequence of major initiatives by the fund to claim ... |
| | | | ... measures. Dealers said approval in Athens of the latest spending cuts and tax hikes, expected later this week, would lift a major restraint by paving the way for a second Greek bailout and, hopefully, ending the acute stage of its debt crisis. Banks ... |
| | | | ... put an end to a hostile bid from Hong Kong investment company Wah Nam. Atlas Iron was 16 cents lower at $3.27. Among the major banks, National Australia Bank dropped 25 cents to $24.41, Westpac firmed three cents to $21.40, ANZ surrendered 17 cents to ... |
| | | | ... that would benefit the largest concentration of our members," said Anne-Marie Corboy, chief executive, HESTA. "This is a major win for the CommInsure team and is welcome recognition of the quality of our product and service offering. We are particularly ... |
| | | | ... working in the regulatory industry such as the Australian Securities and Investment Commission. The compliance departments of major banks and accounting firms are also expected to be interested in the course which investigates the policies and principles ... |
| | | | ... independent valuation. IOOF has increased its bid from an indicative offer of 75c per DKN share, which was hotly rejected by major DKN shareholder Count Financial, to 80c per share. IOOF chief executive Chris Kelaher said DKN would keep its current Lonsdale ... |
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