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Superannuation

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.

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.