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Superannuation

St George shareholders win tax exemption

AAP  |  THURSDAY, 15 APR 2004
St George Bank Ltd shareholders have won exemption from paying tax on a 2001 share buyback, after a court ruling yesterday.

Govt faces Telstra pressure as chairman departs

AAP  |  THURSDAY, 15 APR 2004
The Federal Government faces renewed pressure over its plans to sell Telstra after the shock resignation of the company's chairman.

AXA eyes China for future growth

AAP  |  WEDNESDAY, 14 APR 2004
AXA Asia Pacific Holdings chairman Rick Allert said today there will be new opportunities for the group when the market in China opens further at the end of 2004.

UNiTAB to give update $2 billion Tab takeover bid

Queensland's UNiTAB Ltd today said it expects to give an update on its $2 billion takeover bid for NSW-based Tab Ltd in the next week.

Report reveals $8.2 billion tax breaks for rich

Australia's rich are enjoying $8.2 billion in tax breaks every year at the expense of programs for families, a new report has found.

NAB to change external auditor

AAP  |  THURSDAY, 8 APR 2004
National Australia Bank said late yesterday it intends to change its external auditor at the end of the current financial year.

Structural change strengthens regional bank credit ratings

AAP  |  THURSDAY, 8 APR 2004
Structural change in the risk profile of Australia's regional banks since the 1990s has strengthened their credit ratings, a new report has shown.

Challenger to acquire Associated Planners Group

AAP  |  WEDNESDAY, 7 APR 2004
Challenger Financial Services Group looks set to acquire Associated Planners Group, to create one of the largest financial planning businesses in Australia.

NAB outlines board renewal program

AAP  |  WEDNESDAY, 7 APR 2004
National Australia Bank chairman Graham Kraehe has said that two new appointments to the bank's board would be announced within months.

ABN Amro buys 50% stake in Absolute Capital

AAP  |  WEDNESDAY, 7 APR 2004
ABN Amro has acquired a 50% in Absolute Capital Group, a Sydney-based fund manager, the bank said in a statement yesterday.