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09/09/2010

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Regulator rejects NAB's bid for AXA

Regulator rejects NAB's bid for AXA

The National Australia Bank has been knocked back in its bid for AXA Asia Pacific, with the Australian Competition and Consumer Commission saying it was just too big a deal.

Strong job figures may force rate rise

Strong job figures may force rate rise

Stronger than expected job figures suggest the economy is running hot and could force the Reserve Bank's hand on interest rates.

Australia escaped the worst of financial crisis: RBA

Australia escaped the worst of financial crisis: RBA

The Reserve Bank's Guy Debelle says Australian financial markets have largely escaped the worst of the Global Financial Crisis.

US blocks Virgin, Delta venture

US blocks Virgin, Delta venture

The United States government has scuttled a bid by Virgin Blue and Delta airlines to join forces on the Trans-Pacific route.

Market news wrap

Market news wrap

Geoff Beeston from Lonsec joins Lateline Business for a look at the day on the markets.

ACCC explains NAB bid rejection

ACCC explains NAB bid rejection

The ACCC's deputy chairman, Peter Kell, tells Lateline Business why the regulator decided to block NAB's proposed takeover of Axa Asia Pacific.

Opinion split over Gunns logging move

Opinion split over Gunns logging move

Environmentalists are happy that Gunns is to stop logging native forests, but some in the industry claim the timber giant has surrendered in the "forestry wars".

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