If the Government was worried about the impact on St George’s share price of a refusal, the decision could’ve been held off until equity markets had settled, writes Bernard Keane.
St george bank
Will the Treasurer chide banks? Erm, don’t bank on it
The disruption in global financial markets might be continuing but for Mr Swan the time for action to replace talk has surely arrived, writes Richard Farmer.
Morning Market Report
The highlights and lowlights of this morning’s sharemarket activity.
Did the Howard government discriminate against Therese Rein?
The AFR revealed over the weekend that the Howard Government started terminating Ingeus contracts in its final months. Did the PM issue a decree that the Government must stop enriching his opponent? asks Stephen Mayne.
Third bottom line gets tricky for Westpac
Westpac prides it self on its commitment to sustainability and corporate social responsibility. But is Westpac hiding a nasty little secret?
Is there something dodgy about the big banks’ off-sheet conduits?
Lots of publicity has been given to the Deutsche Bank report casting doubt on St George Bank’s accounts. And it raises some serious questions about disclosure and the big banks’ use of conduits set up off balance sheet to raise money and make loans.
