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Superannuation

Macquarie Bank and Novera plan for energy JV

AAP  |  FRIDAY, 10 SEP 2004
Macquarie Bank has made a move into the competitive renewable energy market via a partnership with Sydney company Novera Energy.

Qantas now more likely to be included in MSCI Aust index

AAP  |  THURSDAY, 9 SEP 2004
Qantas Airways had a greater chance of being included on an important stock index for international investors now that British Airways had sold its stake in the Australian airline, analysts said today.

ASIC acts against Mellon for misleading statements on super fees

The Australian Securities and Investments Commission (ASIC) has on Wednesday taken action against Mellon Nominees for misleading statements made to investors relating to the fees charged on its superannuation fund.

ANZ to merge capital markets and FX businesses

AAP  |  WEDNESDAY, 8 SEP 2004
ANZ Banking Group said on Tuesday it was bringing its capital markets and foreign exchange businesses together to improve efficiency.

Tasmanian lawyers banned from acting as super trustees; APRA

The Australian Prudential Regulation Authority (APRA) on Monday announced the disqualification of John Thomas Turner and Grant Edward Kench from acting as trustees, investment managers or custodians of superannuation entities under the Superannuation ...

Suncorp prices $700 million Apollo series 2004-2 RMBS issue

AAP  |  TUESDAY, 7 SEP 2004
A $700 million Apollo Series 2004-2 Residential Mortgage Backed Securities (RMBS) issue for Suncorp-Metway has priced in the Australian bond market.

Axa APH to meet with French parent next month to discuss offer

AAP  |  TUESDAY, 7 SEP 2004
Axa Asia Pacific Holdings' committee of non-executive directors expects to meet with the French parent company next month in regard to Axa SA\'s acquisition offer.

CBA says in talks with China bank, Jinan, on cooperation

AAP  |  TUESDAY, 7 SEP 2004
The Commonwealth Bank of Australia (CBA) said on Monday it is at an advanced stage of discussions with a Peoples Republic of China (PRC) bank, Jinan City Commercial Bank (JNCCB) regarding strategic co-operation.

Westpac moves 2004 AGM to New Zealand

AAP  |  TUESDAY, 7 SEP 2004
Westpac Banking Corp is moving its annual general meeting offshore this year - to Auckland, New Zealand.

Investa prop fund gets multi-million dollar investment injection

Real estate investment company Investa Property Group today said Prudential Australia Property Trust (PAPT) will invest up to $150 million in its unlisted commercial property fund.