I am writing to address a number of inaccurate articles about KAZ
published by Crikey over the last month (“Telstra vs NAB – two giants at
war,” 17 February 2005, “Why Telstra wants out of KAZ super,” 14 March
2005, and “Has Telstra no confidence in KAZ Super?,” 15 March 2005).
First, Telstra has a very good working relationship with NAB formed
through many years of working together as demonstrated by the NAB
commercial team rating Telstra highly on a recent relationship survey.

Second, as a member of the Telstra Business and Government Senior
Leadership Team, I can confirm that both Telstra and KAZ are committed
to the Australian Administration Services (AAS) business and have no
intention of divesting AAS. This commitment is driven by the fact that
the superannuation industry is a growing industry – one that is seen as
strategically important given our strategy to transform into a service
business.

Lastly, we are committed to the rollout of Atune which was
implemented over a year ago at LUCRF Super and is progressively being
used for more of REST’s Acumen corporate superannuation business
clients. Telstra Super’s decision to select Financial Synergy to
develop its super administration system was made prior to the
acquisition of KAZ and before the commercial availability of Atune.

Regards Mike Foster
CEO KAZ

Another royal watcher writes:

Barry Everingham was out by a generation with crown princess
Victoria of Sweden’s connection to Sibylla of Schesen-Coburg-Gotha
(Queen Victoria of Britain’s grand-daughter). Sibylla was her grandmother
(mother of King Gustaf, whom you refer to as Carl XVI).

Princess
Victoria’s mother was a German commoner, Silvia Sommerlath, who met
Gustaf at the Munich Olympic Games where she had an organising role.

cheers,

Åsa Wahlquist (yes, that’s a Swedish name)