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Superannuation

Macquarie Bank announces new funding vehicle for subsidiaries

AAP  |  TUESDAY, 27 JUL 2004
Macquarie Bank today announced the formation of a new funding vehicle for Macquarie subsidiaries to be known as Macquarie International Finance Ltd (MIFL).

Centro Properties, Prime Retail Group plan merger

AAP  |  TUESDAY, 27 JUL 2004
Centro Properties Group and Prime Retail Group today announced a proposal to merge, creating the fifth largest property trust in Australia.

FSU says CBA intimidating staff

AAP  |  MONDAY, 26 JUL 2004
The Financial Services Union (FSU) said today the Commonwealth Bank of Australia is intimidating staff who refuse to process customers in timed transactions.

NAB's former UK target Abbey National faces new takeover

AAP  |  MONDAY, 26 JUL 2004
United Kingdom bank Abbey National, once a takeover target for the National Australia Bank, could be swallowed up by the world\'s biggest bank Citigroup.

Burswood unanimously recommends acceptance of PBL offer

AAP  |  MONDAY, 26 JUL 2004
Directors of Burswood on Friday night unanimously recommended acceptance of Publishing and Broadcasting (PBL) takeover offer.

TPC opens Melbourne office

The Private Collection has announced the opening of a Melbourne office with the appointment of Sumi Putra to the role of state manager, Victoria.

ASX launches internal review after website glitch

AAP  |  FRIDAY, 23 JUL 2004
The Australian Stock Exchange on Thursday launched an internal review after users of its website were able to view the details of other user's watchlists.

Babcock & Brown to relocate HQ to Sydney before ASX listing

AAP  |  THURSDAY, 22 JUL 2004
Multinational investment firm Babcock & Brown will relocate its global head office operations to Sydney before listing on the Australian Stock Exchange within the next six months.

Gates charity approved for investment in capital market

AAP  |  THURSDAY, 22 JUL 2004
The Bill and Melinda Gates Foundation has won government approval to invest in stocks and bonds under a plan that aims to attract foreign money to boost China\'s ailing capital markets, regulators said on Wednesday.

DB Real Estate , Deutsche Asset Mgmnt evaluating proposals

AAP  |  WEDNESDAY, 21 JUL 2004
DB Real Estate Australia and Deutsche Asset Management said today that they were evaluating a number of proposals in relation to the three trusts that they are responsible entities for, but said the discussions were incomplete.