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General

ALP to unveil retirement incomes policy in November

After blocking key aspects of the government’s superannuation reform program in the last sitting of Parliament, the Federal Opposition today announced it would release a substantial portion of its own retirement incomes policy later this year...

Midday market wrap: Local shares eke out modest gains

The Australian share market traded marginally higher in the morning session, defying declines overnight in major US and UK indexes

National Australia Group in UK insurance tie-up

The National Australia Group has announced that it will offer Legal and General life insurance to the three million customers of National’s three UK banks...

Westpac warns customers about hoax site

Westpac Banking Corporation is warning customers to ignore emails asking for confidential information, after it found a "ghost" internet banking website offshore...

Macquarie appoints new head of Funds Management Group

Macquarie Bank has appointed Ben Bruck head of its Funds Management Group, following the resignation of David Deverall...

Lend Lease finance director to retire

Lend Lease Corp Ltd said today its finance director, Robert Tsenin, would retire from the board on 31 August 2003...

ANZ announces $750 million stapled securities issue

ANZ Banking Group today announced an offer of up to $750 million of ANZ stapled exchangeable preferred securities (ANZ StEPS)...

Perpetual appoints David Deverall of Macquarie Bank as its new managing director

The board of Perpetual Trustees Australia today announced the appointment of David Deverall as its new managing director and chief executive officer...

Morning market wrap: US bonds down on strong data

US bond yields jumped to the highest level in a year, as a report from the US Commerce Department showed retail sales surged by 1.4% in July.

Afternoon market wrap: Australian shares lose ground in late trade

The Australian share market surrendered early modest gains, with the All Ordinaries index eventually closing 7.2 points lower at 3,143.2.