Touching the void

Article Abstract:

National Australia Banks (NAB) new boss, John Stewart is preparing to take a higher risk by launching Low-doc loans to turn around NAB's sticky profit performance and repair its share price in 2004. It has also moved to catch up with rivals by offering flat monthly fee transaction accounts, a no-annual-fee credit card, higher rates for cash management accounts, and a short-term home loan with low interest rates.

Commercial Banks, Management dynamics, Executive changes & profiles, Banking industry, Management, Officials and employees, Company business management, National Australia Bank Ltd., Stewart, John

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Pay dirt

Article Abstract:

Remuneration experts say that low employment rates, increase in the demand for workers and forecasts of a rising economy may lead to a hike in the salaries. The survey conducted by the Australian Institute of Management (AIM) shows that the salaries in the service industry will show the highest gains of 4.9% in 2004-2005.

Evaluation, Influence, Economic conditions, Wage surveys, Wages, Wages and salaries, Salary

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Toxic avenger

Article Abstract:

Sydney based Aeris Technologies, the exclusive water treatment and air conditioning manufacturer, is into focus with SARS epidemic in Asia. The company has a wide clientele in Asia, Canada, and France and the expansion plans of the company in the United States market are described.

Foreign operations, Special industry machinery, not elsewhere classified, Service industry machinery, not elsewhere classified, Water purification equipment and supplies industry, Water treatment equipment industry

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