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coincidence

Banks no longer need fund safety net

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AUSTRALIAN banks are among the most reliant in the world on a guarantee that gave them access to cheap wholesale funding, so its no coincidence that Canberra has been dragging its feet in removing the program, which stands to raise $5 billion in fees. As other major economies that are in
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Packer faces a fork in the road after years in the spotlight

Births and deaths, that never-ending cycle of change and renewal, tend to focus the mind like no other. And so perhaps it is no coincidence that in the very week that James Packer and his wife, Erica Baxter, brought forth a son, Jackson, into the world, talk has resurfaced about what the future

Amcom trade halt pending statement

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AMCOM Telecommunications went into a trading halt yesterday ''pending the announcement of a proposed transaction'' but it would not reveal any further details. The corporate services provider, which raised $25 million last month, is due to make an announcement by Monday. It may not be a
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Amcom in trading halt

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February 6, 2010 An announcement is due by Monday from the corporate telecom services provider, which completed a $25 million raising last month. It may not be a coincidence that the news follows a doubling in the company's share price over the previous six months and came just one day
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