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Superannuation

New challenges keep coming, says ASIC chairman

AAP  |  WEDNESDAY, 29 SEP 2004
The head of Australia's corporate regulator on Tuesday said his organisation was facing challenges in overseeing companies as they battle to meet their new reporting obligations.

Eurofima launches September 2009 $225 million Kangaroo issue

AAP  |  WEDNESDAY, 29 SEP 2004
The European Company for the Financing of Railroad Rolling Stock - Eurofima, has on Tuesday launched a September 2009 $225 million Kangaroo bond issue.

UBS to buy 3% stake in Babcock & Brown

Global investment bank UBS has confirmed it will buy a 3% stake in the upcoming float of soon-to-be Australian-based investment house Babcock & Brown.

Deustche property trust merger approved by unitholders

AAP  |  TUESDAY, 28 SEP 2004
Investors on Monday approved a merger between the three Deutsche property trusts to form a $3 billion group, in one of the latest examples of consolidation in the listed property sector.

Cathy Walter urges consideration of regulatory future

AAP  |  TUESDAY, 28 SEP 2004
Former National Australia Bank director Cathy Walter on Monday night invoked the example of James Hardie Industries as she urged Australia's business community to carefully consider the future of corporate regulation in this country.

Macquarie CountryWide Development wins top honours

The largest redevelopment plan taken on by Macquarie Bank's CountryWide Trust has won the 2004 API Excellence in Property National Australia Bank Property Development Award.

Goldman Sachs says HIH claims still baseless

AAP  |  MONDAY, 27 SEP 2004
US-based investment bank Goldman Sachs today said any claim against it, or former employees, in relation to HIH would be as baseless today as it was when examined by a royal commission two years ago.

Multiplex proposes merger with Ronin Property Group

Multiplex Group today announced a proposed merger with Ronin Property Group via a takeover offer for all the securities in Ronin.

Perpetual announces new global equities division

Perpetual Trustees today announced the establishment of a new global equities division and has recruited four global equity specialists from Bank of Ireland Asset Management as the foundation of the team.

ANZ stays quiet on Wizard bid speculation

AAP  |  FRIDAY, 24 SEP 2004
The ANZ Banking Group remained tightlipped on Thursday about rumours that it is poised to bid for mortgage originator Wizard Home Loans Group.