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Superannuation

Adler appeal dismissed

The criminal court of appeal dismissed an appeal by former HIH director Rodney Adler for a permanent stay of criminal proceedings brought by ASIC.

Rosy outlook for Bank of Queensland

Bank of Queensland (BoQ) achieved a record profit of $64.5 million for the 2004 financial year and a positive ratings outlook from Standard & Poor's (S&P).

HIH: another two bite the dust

Mr Rodney Aistrope and Mr Antony Boulden have been disqualified from working in the general insurance industry by APRA.

Citigroup, Bank of America post higher profits

AAP  |  FRIDAY, 15 OCT 2004
Citigroup Inc and Bank of America Corp on Thursday posted double-digit gains in third-quarter profit, driven by gains in consumer banking.

Macquarie, Leighton shares up after tollway news

AAP  |  THURSDAY, 14 OCT 2004
Shares in Macquarie Bank Ltd and Leighton Holdings Ltd surged today after a consortium in which they are members was named preferred tenderer for the $2.5 billion Mitcham-Frankston freeway project.

Coles Myer says ALH would be stand alone business

AAP  |  WEDNESDAY, 13 OCT 2004
Coles Myer Ltd chief executive Mr John Fletcher said today pub and bottle shop group Australian Leisure and Hospitality Group (ALH) would remain a stand alone business if its $1.18 billion takeover bid was successful.

Mirvac expands into funds management with James Fielding Group

Mirvac Group will acquire James Fielding Group (JFG) and JFG's managing director Greg Parmour will become managing director of Mirvac.

Air NZ likely to revisit Qantas alliance in 2-3 years: Norris

AAP  |  WEDNESDAY, 13 OCT 2004
Air New Zealand chief executive Ralph Norris said today the airline would revisit its alliance plan with Qantas in two to three years after Australia's competition authority yesterday belatedly approved the now abandoned plan.

ASIC accepts enforceable undertaking from Capital Intelligence Ltd

ASIC today has accepted n enforceable undertaking from Capital Intelligence Ltd (CI), also known as Hometrader Ltd in response to a range of compliance failures.

Fed: Competition Tribunal upholds Qantas/Air NZ merger proposal

AAP  |  TUESDAY, 12 OCT 2004
Air New Zealand Ltd today welcomed the decision by the Australian Competition Tribunal to give the green light to a proposed alliance between Qantas Airways Ltd and Air New Zealand Ltd.