NATIONAL Australia Bank has completed the takeover of 80.1 per cent of Goldman Sachs JBWere's private wealth management business in Australia and New Zealand.
THE timing seemed perfect when Myer chief Bernie Brookes confirmed in August that the company's private equity backers were considering selling the department store group a year short of completing a planned four-year turnaround.
WAYNE Swan will today reveal a future bottom line with less debt and deficit, adding further weight to speculation the Reserve Bank will lift interest rates tomorrow.
WORLD Bank managing director Juan Jose Daboub says Australia can be a model for developing nations struggling to recover from the global financial crisis.