NAB shareholders back Clydesdale spin-off
National Australia Bank shareholders have voted emphatically in favour of plans to spin-off its poorly-performing UK business, clearing the way for Clydesdale Bank float next week.
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ANZ shakes up executive management
ANZ has shifted Mark Whelan, to group executive of the institutional bank and promoted Fred Ohlsson.
Inflation takes RBA rate cut off the table
The $A jumped and any lingering chance of an RBA cut next week was all but wiped out after today's quarterly inflation data.
Future Fund's flexibility a lesson for all
The $118 billion Future Fund's latest portfolio update carries a significant message for other investors.
Call to end $3.8b super loophole
The government is being urged to close a loophole that allows wealthy superannuants to access billions in tax-advantaged dollars.
When an $US18.4b profit isn't good enough
Apple has another problem on its hands, and it's got nothing to do with tax.
Markets live: ASX drops back below 5000
Falls in the big banks offset gains in energy stocks and miners to pull the ASX lower, while the dollar bounces on inflation data.
TPG bid 'undervalues' Greencross
Greencross has revealed that a number of parties are interested in buying the pet care grou.
Chinese investors buy big in Brisbane
At least 13 Chinese investors from Sydney have purchased two apartments each in a high-rise Brisbane apartment project.
Packer's Blackstone bet
Better known for hotels and shopping malls, Blackstone Real Estate has proved critics of its casino foray wrong. Now James Packer wants to t...
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