National Australia Bank

Roll up, roll up, for the great bank sell-off

Early next year, a million Northern Rock savers and up to 200,000 borrowers will get a letter telling them their accounts will in future be with the "good bank" being split from the nationalised lender. The other 300,000...

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Stinkatron: chaos up top

CARMEL EGAN November 8, 2009 AUSTRALIA'S elite scientific community has been stunned by the sudden and unexplained dismissal of the director of the nation's only synchrotron facility - a multimillion-dollar, revolutionary...

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12:00AM ATO targets banks' swap deals

A COMPLEX and highly secretive $US125 million ($137m) deal by National Australia Bank, codenamed Project Turtle, is one of a series of transactions by local banks at the centre of a crackdown by the Australian Taxation Office.

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Asian markets bounce after US rally

HONG KONG, Nov 06, 2009 (AFP) - Hong Kong added 1.63 percent, Tokyo 0.74 percent and Sydney 1.91 percent as dealers looked at upbeat data from the US to pick up bargains following a hectic week. Bank shares ended mostly lower,...

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Asian Markets Trade Higher On Wall Street Cues, Recovery Hopes

Stock markets across the Asia-Pacific region are trading firm on Friday with the overnight rally on Wall Street significantly buoying up sentiment. The sharp upward revision in economic growth forecast by the Australian central...

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Local stocks rebound

AUSTRALIAN stocks closed higher, rebounding from two-month lows on Thursday, buoyed by a more optimistic assessment of the economy by the central bank. At 1615 AEDT, the benchmark S&P/ASX200 index was up 86 points, or 1.91 per...

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Porn star backed 'Sex party' confident of success in Oz elections

From ANI Melbourne, Nov 6: In the Higgins by-election in Australia, a party backed by porn stars, called the Australian Sex Party, is sure that it will land a place in the Parliament. Fiona Patten, a former sex industry...

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RBA may hold rates in Dec: economists

AAP The Reserve Bank of Australia (RBA) has left its options open for a pause in rate rises in December, following a guarded upgrading of its economic outlook, economists say. The RBA forecast gross domestic product to expand...

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Australian shares push higher out of open

LOS ANGELES (MarketWatch) -- Australian stocks gained in early Friday trades on the heels of a rally on Wall Street, with Sydney's benchamrk S&P/ASX 200 rising 1.5% to 4,573.4. Financials helped fuel the broader advance, with...

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Higher Opens Expected For New Zealand, Australia Stocks

Higher Opens Expected For New Zealand, Australia Stocks Thursday November 05, 2009 15:37:00 EST (RTTNews) - Strong opens are expected Friday for the New Zealand and Australia sharemarkets. New Zealand's market moved lower on...

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