Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Superannuation

News Corp placed on review by Moody's for possible ratings upgrade

Moody's Investors Service has placed News Corporation's ratings on review for a possible upgrade.

TXU to sell Australian energy operations, pipeline unit for $3.41 billion

TXU Corp. has agreed to sell a gas pipeline unit and its Australian energy operations for US$2.5 billion ($3.41 billion) in a bid to slash debt and return to its roots as a Texas power company, it said on Monday.

Credit Suisse, Morgan Stanley to lead Google IPO, WSJ says

Internet powerhouse Google has selected Credit Suisse First Boston and Morgan Stanley to lead a much-anticipated initial public share offering likely to be announced this week, the Wall Street Journal reported Monday.

Lend Lease eyes GPT for merger

AAP  |  MONDAY, 26 APR 2004
Lend Lease Corp is reportedly believed to be considering a merger with its listed General Property Trust to form a group worth about $11 billion.

ANZ heading for another interim record profit

ANZ Banking Group is heading for a half year earnings record when it reports its results next week with analysts expecting the bank to deliver double digit cash earnings per share growth.

Walter says NAB boardroom row needs cautious, mature approach

AAP  |  THURSDAY, 22 APR 2004
Rebel National Australia Bank Ltd director Cathy Walter today made her first public statement since the issuing of a "her or us" sacking ultimatum by her fellow board members.

NAB receives $150 million tax bill

AAP  |  TUESDAY, 20 APR 2004
National Australia Bank today announced it had received a revised assessment charge from the Australian Taxation Office (ATO) totalling $150 million after tax.

NAB directors issue ultimatum

AAP  |  TUESDAY, 20 APR 2004
National Australia Bank's seven non-executive directors today delivered an unprecedented ultimatum to shareholders in their bitter dispute with dissident director Cathy Walter - it is her or us!

Aspen and Financial Resources launch fixed interest fund

AAP  |  MONDAY, 19 APR 2004
Listed property entity Aspen Group and commercial finance company Financial Resources have joined to launch a fixed interest style fund offering investors high yielding debt securities.

Finium shakes up international shares portfolio

Independent master trust provider Finium Financial Services has made a number of changes to its international shares pool within the Finium Super Master Plan, following recommendations by asset consultant Watson Wyatt.