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Superannuation

St George says Thame to become chairman by end of year

AAP  |  MONDAY, 30 AUG 2004
St George Bank today announced it has appointed John Thame, who is currently on the board, as deputy chairman and that he will become the bank\'s new chairman at the end of the year.

Challenger flags share consolidation after writedown in FY04

AAP  |  MONDAY, 30 AUG 2004
Challenger Financial Services Group has flagged plans for a five into one share consolidation and is also targeting a dividend payout in 2004/05 after a massive writedown impacted earnings in 2003/04.

Westpac tops list in corporate responsibility: survey

AAP  |  MONDAY, 30 AUG 2004
Westpac Bank has topped the list in a new index of corporate responsibility, released on Saturday.

ANZ extends footprint in China

ANZ Bank this week announced its Shanghai branch has been granted an expansion to its renminbi licence by The China Banking Regulatory Commission allowing it to expand the trade-related services it can provide Chinese-owned enterprises.

Suncorp yr net profit up 61%

AAP  |  FRIDAY, 27 AUG 2004
Suncorp Metway today reported a 61% rise in year net profit and said underlying group profit should improve further in the 2004/05 year.

CBA prices September 2008 $500 mln MTN issue

AAP  |  FRIDAY, 27 AUG 2004
Commonwealth Bank of Australia has on Thursday priced a September 2008 $500 million medium term note (MTN) issue under its Commets program.

SFE profits surge, special dividend declared

The Sydney Future Exchange on Wednesday released its financial results for the half year-ending 30 June 2004, revealing a 46% jump in net profit from the previous corresponding half year to $26.9 million.

MIG eyes further acquisitions as it drives value from portfolio

AAP  |  THURSDAY, 26 AUG 2004
Macquarie Infrastructure Group said today that it was looking for additional road assets and would also focus on driving value from its existing portfolio.

Perpetual results drive shares to new highs

AAP  |  WEDNESDAY, 25 AUG 2004
Fund manager Perpetual Trustees Australia shares hit new highs on Tuesday after it rewarded shareholders with a special dividend and forecast double digit operating earnings growth.

ASIC flexes civil powers

The Australian Securities and Investments Commission (ASIC) has for the first time filed civil proceedings alleging insider trading against John Petsa and March Milot.