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Colonial First State chief leaves
1pointsFunds manager Colonial First State (a CommBank subsidiary) today announced its chief executive John Pearce would depart the company next month for locations unknown overseas.
Bad news for AVJennings with loss
1pointsResidential property developer AVJennings today took a hit to the gut, announcing an interim after tax loss of $2.4 million for the half year to 30 September.
$56m IPO on the cards for Radio Rentals
1pointsHousehold goods rental specialist Radio Rentals wants to raise $56.7 million through a December listing on the Australian Stock Exchange.
ACCC sees Qantas, Air NZ after class
1pointsBusted! Australia's competition regulator says two airlines can't collude on flights between Australia and New Zealand.
Commonwealth Bank on track
1pointsAustralia's largest bank, the Commonwealth Bank of Australia today said it was confident it was on track to deliver full year cash earnings per share growth. What do you think? How is the CBA going?
Westpac to refund $8m to some customers
1pointsWestpac will refund $8 million to 40,000 of its mortgage customers after discovering that they did not receive their full benefits on their accounts.
Business tax rate to cost us investors
1pointsAUSTRALIA should cut its corporate tax rate or face the prospect of losing investment tomore competitive nations, a14-year global study has suggested.
Wesfarmers progress $700m bid for insurance broker
1pointsWesfarmers has announced its bid for insurance broker OAMPS is now unconditional. At yesterday's annual general meeting (AGM) in Perth, Wesfarmers managing director Richard Goyder announced the $700 million offer for Australia's largest publicly-o…
New Web Marketing System Launched
1pointsFor business and organisations to promote themselves, their websites or their products and promotions.
Australian Dollar Heads for Monthly Gain on Interest-Rate Bets
1pointsThe Australian dollar was poised for its biggest monthly gain since April as investors bet economic reports this week will confirm the Reserve Bank of Australia will raise interest rates a third time this year.
Hills hoist maker tips favourable year
1pointsThe maker of the iconic backyard Hills hoist has forecast a lift in profit after a strong start to 2006/07.
AHG expects no impact in PAA acquisition
1pointsAutomotive Holdings Group Ltd (AHG) expects little financial impact when it sells three dealerships under an option to acquire 100 per cent of the Perth Auto Alliance (PAA).
Seriously, 'tis not a joke.
1pointsTwo Irishmen have set up a business selling dirt to nostalgic Irish Americans who want a handful of "the mother country" on their graves. Pat Burke, 27, and Alan Jenkins, 65, have just shipped their first $US1 million ($A1.31 million) load of "of…
Qantas Orders Eight More Airbus A380
1pointsQantas Airways Ltd., Australia's biggest airline, placed an order for eight more of the A380 superjumbo planes made by Airbus SAS valued as much as $2.4 billion based on list prices.
Company unfazed by wind concerns for sand mine
1pointsThe company planning to establish a mineral sands mine near the foot of the Darling Ranges, east of Perth, says its operation will not be affected by the area's strong winds.
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