News
News –
Bank of Cyprus acquisition signs off
Following the announcement of Bank of Cyprus Australia’s acquisition by Bendigo and Adelaide Bank for $130 million in December, on February 29 the deal will be sealed.
News –
Parthenon Marbles website goes live
A new website will be launched next month to increase pressure on the British government to return the Parthenon Marbles to Greece.
News –
ANZ warns of more rate rises
ANZ chief Mike Smith has warned of further “funding pressures” that may lead to more out-of-cycle increases to mortgage rates.
News –
Elderly workforce face super discrimination
Legislation loophole ensures employers avoid superannuation payments to elderly workers
News –
Private investors seek exemption from haircut
A lobby group representing private investors in the European Union has asked the Prime Minister Lucas Papademos to exclude them from a 53.5 percent haircut on Greek government bond
News –
Merger plans force Greek doctors to strike
Doctors at public hospitals are reacting to a Health Ministry draft bill which will introduce cost-cutting measures including the merger of healthcare facilities.
News –
List of Greek PMs moving funds abroad grows
Finance Minister Evangelos Venizelos told Parliament that a significant number of lawmakers had moved sums in excess of 100,000 euros out of the country.
News –
Refinancing made difficult
Many parts of Australia have had falls in property prices in the past few years. That can be a problem for borrowers who may be looking to refinance their loan.