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Superannuation

Partnership continues with STA and Superpartners

Superannuation administrator and Superanuuation Trust of Australia (STA) have renewed a new superannuation administration service agreement.

Challenger mortgage business launches record bond issue in Aust

AAP  |  FRIDAY, 1 OCT 2004
Challenger Financial Services Group today said its wholly-owned wholesale mortgage finance business Interstar Securities had successfully launched the largest issue of net interest margin bonds ever offered publicly in the Australian market.

AOFM establishes lending facility for government bonds

AAP  |  FRIDAY, 1 OCT 2004
The Australian Office of Financial Management (AOFM) on Thursday said it had established a lending facility for Australian Government treasury bonds.

Record month for 30-day IR futures contract: SFE

September was the busiest month on record for trading in the 30 Day Interbank cash rate futures contract, the Sydney Futures Exchange (SFE) said on Thursday.

Westfields makes $1.48 bln bid to acquire Duelguide

AAP  |  THURSDAY, 30 SEP 2004
Westfield Group has submitted a $1.48 billion cash bid to acquire Duelguide plc, the owner of unlisted UK property developer Chelsfield.

Seven says foreign ownership level above allowed level

AAP  |  THURSDAY, 30 SEP 2004
Seven Network on Wednesday warned investors its foreign ownership levels had breached Australia's strict limits and it might have to order the sale of some foreign holdings in its shares.

Investors now less risk averse: ING

Investors are becoming less risk averse with an increasing take up of shares, managed funds and property, ING said today.

Macquarie Office completes takeover of Principal America Office

AAP  |  WEDNESDAY, 29 SEP 2004
Macquarie Office Trust (MOF) today announced its $850 million friendly takeover of Principal America Office Trust was virtually complete, with Macquarie to compulsorily acquire the remaining units it needs.

Macquarie prices $750 million PUMA Masterfund Series B issue

AAP  |  WEDNESDAY, 29 SEP 2004
Macquarie Securitisation today announced that the $750 million PUMA Masterfund P-10 Series B bond issue was priced yesterday.

ASX CEO to join financial services sector

AAP  |  WEDNESDAY, 29 SEP 2004
Outgoing Australian Stock Exchange Ltd (ASX) chief executive Richard Humphry on Tuesday said he had accepted a future position on the board of an Australian financial services company.