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Superannuation

CBA lures top-end cardholders with free flights

AAP  |  WEDNESDAY, 14 JUL 2004
Commonwealth Bank of Australia (CBA) is trying to lure more people to its top-end credit card by offering free business and first class flights.

Rivkin Fin Services decides against special general meeting

AAP  |  WEDNESDAY, 14 JUL 2004
Rivkin Financial Services (RFS) has announced it will not hold a special shareholder meeting requisitioned by a stakeholder who wants the company\'s board replaced.

Auditors deceived about FAI reinsurance, court told

AAP  |  TUESDAY, 13 JUL 2004
Auditors were misled about financial arrangements which helped FAI Insurance record an $8.6 million profit rather than a loss of almost $20 million, a committal hearing for three former FAI executives heard on Monday.

Bruandwo offer grossly inadequate

AAP  |  MONDAY, 12 JUL 2004
The Australian Leisure and Hospitality Group said today a takeover bid by a joint venture between Woolworths and The Bruce Mathieson Group, called Bruandwo, is opportunistic and grossly inadequate.

NECBS to float on ASX

AAP  |  MONDAY, 12 JUL 2004
Japanese technology giant NEC will float a local division on the Australian Stock Exchange within a year and seek up to $200 million from local investors, a newspaper reported.

Speculation grows NAB ready to sell UK assets

AAP  |  MONDAY, 12 JUL 2004
National Australia Bank (NAB) appears more open to selling its United Kingdom banks and could receive an offer before the end of 2004, according to a Credit Suisse First Boston (CSFB) report.

Rivkin Financial Services changes under fire

AAP  |  MONDAY, 12 JUL 2004
Recent changes in the shareholdings and business of Rivkin Financial Services (RFS), the company founded by disgraced stockbroker Rene Rivkin, have been challenged before the Takeovers Panel.

Ernst & Young confident of becoming NAB auditor, paper reports

Accounting firm Ernst & Young is confident it will be appointed auditor of National Australia Bank, according to a newspaper report today.

Telstra raises $850 Million from 10-year euro bond issue

Telstra Corporation today announced the successful completion of a 500 million euro ($850 million) 10-year fixed-rate bond issue.

TCV says 2004/04 funding requirement will be $1.7 billion

AAP  |  WEDNESDAY, 7 JUL 2004
Treasury Corporation of Victoria (TCV), the state\'s central financing authority, today said its funding requirement for the year ending June 30, 2005, would be $A1.7 billion.