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| | | Researcher Roy Morgan joins the chorus of dissenting voices on ACCC's reasons for blocking the NAB bid for AXA, releasing a report that shows a combined NAB/AXA or AMP/AXA would have the same impact on industry competition. Roy Morgan Research said ... |
| | | | The technology behind AXA Australia's platform, one of the key reasons why the competition regulator blocked NAB's bid for the company, can be accessed by anyone in the market, according to one technology provider. This week the Australian Competition ... |
| | | | National Australia Bank has spoken out against the ACCC's verdict to block its bid for AXA - and is exploring a "range of actions" to continue its pursuit of the firm. In a press statement released late yesterday, NAB said it "does not agree with the ... |
| | | | The Australian Competition and Consumer Commission (ACCC) has blocked the NAB bid, citing concerns about competition between retail investment platforms if NAB and AXA merged, but said it won't oppose the AMP bid. "At the heart of the ACCC's decisions ... |
| | | | The Australian stock market likely to open stronger following a mostly positive lead from Wall Street overnight. At 0736 AEST on the Sydney Futures Exchange, the June share price index contract was 33 points higher at 4,947 points. In economics news ... |
| | | | Local councils that invested in Lehman CDOs won a small victory this week after a court judgment that could allow them to recover more of their money back from the collapsed firm. The High Court has dismissed an appeal against the judgment of the Federal ... |
| | | | ... Australian Mortgage Innovation Forum at 0910 AEDT. In companies news, CSR Ltd's appeal against a Federal Court decision to block the proposed split of the company's sugar and renewable energy business from the group's building products and aluminium ... |
| | | | The Australian stock market has received mostly positive leads from offshore markets, with Wall Street finishing higher and precious and base metals prices firmer, although oil prices were weaker. At 0735 AEDT, on the Sydney Futures Exchange, the June ... |
| | | | ... that inflation isn't a concern, allowing it to maintain low lending rates. High unemployment remains the biggest stumbling block to a sustained rebound. Unemployment totaled 9.7 per cent in February. When markets settled, the Dow Jones industrial average ... |
| | | | Want to bet which Hollywood movie will top the blockbuster list next? Then get ready to trade Domestic Box Office Receipt (DBOR) Movie Futures on the Cantor Exchange. US-based Cantor Exchange expects to receive the final approval for the movie futures ... |
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