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Westpac Banking Corporation and St George banks in merger talks

Westpac Banking Corporation, Australia's oldest company, is in talks with St George, a former building society, about merging to form a A$64 billion ($£31 billion) institution.
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Westpac may have to boost $17.6 billion St George bid (Reuters)

Reuters - Westpac Banking Corp Ltd , which has bid $17.6 billion for St George Bank in the biggest banking takeover ever in Australia, is bracing for rival offers to emerge that could push the price tag even higher.
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The Sydney Morning Herald ASX high at noon as Wall St soars

The Australian stock market was up at noon as News Corporation Ltd reported robust fourth-quarter and full-year results.
08/06/08
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The Sydney Morning Herald Westpac expect 8% cash earnings growth

Westpac Banking Corporation says it is on track to deliver 2008 cash earnings growth of between six and eight per cent.
08/08/08
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The Sydney Morning Herald Qantas passenger revenues up 4.3%

Qantas says its May group passenger numbers increased by 3.9 per cent over the previous year.
07/22/08
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The Sydney Morning Herald Qantas profit up but outlook uncertain

Qantas expects a 41 per cent fall in profit this financial year as the airline faces the headwinds of rising fuel costs and a slowing global economy.
08/21/08
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The Sydney Morning Herald Qantas gets more passengers

Qantas says its passenger numbers in May increased by 3.9% over the previous year.
07/22/08
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The Sydney Morning Herald Qantas jumbo to debut in October

Qantas has confirmed its new A380 super jumbo will make its debut flight for paying passengers on October 20.
08/15/08
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Qantas full-year profit up 44%

Qantas has increased its full year profit by 44.1 per cent but says it is starting to feel the effect of higher fuel costs amid an uncertain economic outlook.
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Turmoil for Qantas as craft grounded

QANTAS yesterday grounded a 747 aircraft because a crucial piece of equipment needed urgent maintenance, leaving the plane's tail at risk of breaking away.
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The Sydney Morning Herald Qantas reports strong fare sales in US

Qantas is reporting strong fare sales to US tourists and business travellers, despite a fortnight of bad press.
08/03/08
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The Sydney Morning Herald Qantas names new chief

Qantas names Alan Joyce, the head of its Jetstar offshoot, as chief executive of the airline group.
07/28/08
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The Wall Street Journal Qantas Probe Focuses on Cylinder

Investigators suspect that an oxygen bottle exploded and punched a 9-foot-long hole in the fuselage of a Qantas jet. Now, Boeing is considering stepped-up inspections of such...
07/28/08
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Yahoo! News Qantas jet lands with gaping hole in...

AP - The 346 passengers were cruising at 29,000 feet Friday when an explosive bang shook the Qantas jumbo jet. The plane descended rapidly. Oxygen masks dropped from the ceiling...
07/26/08
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Yahoo! News Qantas jet lands with gaping hole in...

AP - The 346 passengers were cruising at 29,000 feet Friday when an explosive bang shook the Qantas jumbo jet. The plane descended rapidly. Oxygen masks dropped from the ceiling...
07/26/08
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The Sydney Morning Herald Telstra to outdo profit guidance

Telstra is expected to do better than its guidance when it reveals its annual profit results this week, as it increases revenue from its Next G mobile services.
08/10/08
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Australian regulator announces special investigation into Qantas (AFP)

AFP - Australian civil aviation officials on Sunday announced an unprecedented special review of Qantas after three mid-air dramas in the space of two weeks threatened to tarnish its safety record.
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Australian regulator announces special investigation into Qantas (AFP)

AFP - Australian civil aviation officials on Sunday announced an unprecedented special review of Qantas after three mid-air dramas in the space of two weeks threatened to tarnish its safety record.
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The Sydney Morning Herald Downgrade likely for Qantas profit as...

QANTAS'S profit next year is expected to be slightly less than the $558 million investors had expected after the airline revealed that promised growth in flights would not occur.
07/19/08
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The Sydney Morning Herald Qantas shares rise marginally

Shares in Qantas rose marginally on Friday after the airline said it would cut 1,500 jobs from its workforce as it battles rising costs.
07/18/08
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Yahoo! News Qantas cuts 4 pct of workforce,...

Reuters - Australia's top airline, Qantas Airways Ltd , will cut 4 percent of its workforce and scrap its growth plan for the coming year, saying the business would be at...
07/18/08
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The Sydney Morning Herald Telstra delays dividend plan but...

TELSTRA has fallen short of bullish market expectations for profit growth this year, disappointing investors who had wanted to begin reaping more benefits from its lauded...
08/13/08
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The Sydney Morning Herald Telstra executive Burgess to resign

Telstra's head of public policy and communications Phil Burgess is leaving the company and will return to the US, due to illness in his family.
08/18/08
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The Sydney Morning Herald Westpac beats gloom

WESTPAC yesterday ruled out any need to ration lending in the global credit crisis, revealing that it had so far escaped the worst of the domestic economic slowdown.
08/08/08
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