SYDNEY, AUSTRALIA, December 19, 2012 (Press-News.org) Executive Chairman and Founder John Symond today agreed for the Commonwealth Bank (CBA) to increase its shareholding to 80 percent, by acquiring a further 47 per cent.
John Symond will continue as Executive Chairman of Aussie and will retain a 20 percent shareholding, while continuing to be involved in the growth and direction of the company.
"We welcome this arrangement as CBA's increased interest in Aussie is a great opportunity for the company to further accelerate our growth. We now have the opportunity to grow by investing in our product and service offerings and will remain a strong competitor in the mortgage broking channel," said Mr Symond.
Aussie will continue to offer hundreds of home loan options through its extensive panel of 18 lenders, as well as the range of non-mortgage Aussie products, such as insurance, personal loans and credit cards.
Mr Symond said "We will continue to grow our existing external business relationships with our diverse partners and establish new relationships to ensure we continue to provide a competitive and broad choice of products and services from a diverse range of business partners and lenders to our customers.
"The Commonwealth Bank will give us additional strength to grow and service our customers. We will continue to offer a wide range of options, providing consumers the best options for their needs. It's business as usual for Aussie," he concluded.
Website: http://www.aussie.com.au
Aussie Welcomes Commonwealth Bank of Australia's Increased Investment
Executive Chairman and Founder John Symond today agreed for the Commonwealth Bank (CBA) to increase its shareholding to 80 percent, by acquiring a further 47 per cent.
2012-12-19
ELSE PRESS RELEASES FROM THIS DATE:
TapSnap Mixes Wow Factor with Ultimate Lifestyle Franchise
2012-12-19
TapSnap is bringing the next big innovation in event entertainment to cities across North America, with a groundbreaking new phototainment franchise.
"We created TapSnap because we believe work should be fun," says Scott McInnes, CEO and Founder of TapSnap. "This is a new breed of lifestyle franchise. You get the flexibility of a part-time business with the potential of full-time pay. You get to be part of exciting parties and events with your machine, and best of all, you help people make photo memories that could last a lifetime. We think it's about ...
TapSnap Phototainment System Puts Pizzazz into Holiday Parties
2012-12-19
A new phototainment system like you've never seen before is ready for the holiday party season in Vancouver, starting with a volunteer appearance at the BC Children's Hospital Foundation's 26th Annual Crystal Ball on November 29.
TapSnap is the photo booth gone open-concept and highly interactive, seamlessly integrating a giant 42-inch multi-touch screen with social media to give event guests a "phototainment experience."
"TapSnap may the best holiday party guest you'll ever have - it knows how to break the ice, get people laughing and having a blast," ...
The 401(k) Solution: Start-Up Funding You Didn't Know You Had
2012-12-19
The client came to Financial Consultant Diane Rosenkrantz with a big vision: he wanted to start a DVDNow Kiosks business with nine or ten automated movie rental machines. The total cost, including inventory, was in excess of $200,000.
All he needed to get it off the ground was financing. His finances were in good shape but he didn't want to deplete his cash reserves or take out a loan. Rosenkrantz and her company Tenet Financial Group helped the client gain access to start-up funding he didn't know he had: a 401(k) plan from his previous employer.
"You are ...
Electronic Cigarettes Are Now Mainstream, Claims Firelight Fusion
2012-12-19
Major tobacco companies are getting in the game and Big Pharma is fighting it tooth and nail via heavily funded special interest groups and anti-smoking groups that maintain the quit or die mentality. Millions of U.S. smokers have made the switch and the industry has grown to over 300 million a year in revenues.
Over 25 current studies, trials, and tests stating that the electronic cigarette is 400 to 1200% more effective than NRTs and much safer than smoking tobacco according to the Tobacco Analysis blog run by Dr. Siegel. Big Pharma is spending millions upon millions ...
Smokers Utopia E Cigarette Reviews Features South Beach Smoke
2012-12-19
South Beach Smoke has been in business in the United States for several years now and reviews are commonplace online, but Smokers Utopia is one of the only websites where consumers can find a balanced, honest review on the products that they offer.
"We like knowing that consumers can come to us and get an honest picture of what each company is all about," says Teresa Peach of Smokers Utopia. "The last thing a serious buyer wants is a review that's full of a bunch of sugary fluff about the company just to push their products. By now, consumers know how ...
Hand-Stamped, Keepsake Jewelry Drives Growth at The Vintage Pearl
2012-12-19
Jewelry trends come and go, but timeless keepsake jewelry is forever. The Vintage Pearl has seen double digit sales growth each year for the last five years by making sentimental, personalized jewelry that is classic, beautifully crafted and hand-stamped to capture memories of loved ones and special times.
The company, founded in 2007 by Erin Edwards, started as a hobby and grew to a home-based business. Edwards, a stay-at-home mom who had been looking for a creative outlet, taught herself to make hand-stamped jewelry. It became such a passion that she soon began selling ...
In Honor of Sandy Hook Victims, SafeSchools to Provide Free 'Aftermath of Tragedy' Resources to All Schools
2012-12-19
SafeSchools, LLC, the leader in web-based safety and compliance solutions for schools, today announced that they would provide complimentary access to their 'Managing the Aftermath of Tragedy' courses to every school district in the U.S. and Canada.
"As news of the shootings at Sandy Hook Elementary School reached our offices on Friday, our hearts were broken once again by another senseless school shooting," said Brian Taylor, President and Chief Executive Officer, SafeSchools. "We know that every school district grieves with the Newtown community and ...
Purines fend off surgery-related damage
2012-12-18
Anesthesia is quite safe these days. But sometimes putting a patient under to fix one problem, such as heart damage, can harm a different organ, such as a kidney.
Now a group of researchers led by Holger Eltzschig, MD, PhD, a professor of anesthesiology at the University Colorado School of Medicine, has found a group of molecules that fend off damage during anesthesia.
"This is a promising discovery," says Eltzschig, who practices at University of Colorado Hospital. "It suggests a new way to promote healing."
In an article published Dec. 12 in the New England Journal ...
Evidence on abortion figures overestimated in Mexico fuels scientific debate in medical journal
2012-12-18
This press release is available in Spanish.
A detailed letter entitled “Methodological flaws in the estimation of abortion in Latin America: Author’s reply to Singh and Bankole” was published today in Ginecología y Obstetricia de México (Ginecol Obstet Mex), a Mexican peer-reviewed journal specialized in Obstetrics and Gynecology. The letter is a reply by researchers from the Institute of Molecular Epidemiology (MELISA) to researchers from the Alan Guttmacher Institute (AGI) regarding methodological flaws that led to a significant overestimation of induced abortions ...
Hass Avocado Board study published in Food & Function journal
2012-12-18
IRVINE, Calif. (December 18, 2012) – The Hass Avocado Board (HAB) is supporting research to improve understanding of the unique, positive benefits of consuming fresh avocados to human health and nutrition. Clinical studies are currently underway to investigate the relationship between avocado consumption and risk factors for cardiovascular disease, avocados' potential positive role in weight management and diabetes, and avocados' ability to enhance nutrient absorption. In November 2012, the first study supported by the HAB and conducted by researchers at the University ...
LAST 30 PRESS RELEASES:
Vaccines work: Cohort data from Denmark show real-world evidence of stable protection against HPV-related cervical cancer
Underwater shaped charge explosions: a comprehensive experimental study on coupling dynamics
Wristband sensor provides all-in-one monitoring for diabetes and cardiovascular care
Unveiling the spatiotemporal landscape of Ganoderma lingzhi: insights into ganoderic acid distribution and biosynthesis
Quality and antibiotic resistance risks in livestock probiotics in China
Genomic study reveals deep roots of human survival and adaptation in Himalayas
Differential obesity trends in Asian and Native Hawaiian or other Pacific Islander US adults
Cumulative anticholinergic exposure and change in gait speed and grip strength in older adults
Study suggests lemurs age differently than humans
Hypothermia alters glucose metabolism and may reveal mechanisms of metabolic disease
Content or form? The two possible paths of our memories
Research team produces low-loss spin waveguide network
PolyU-led research reveals that sensory and motor inputs help large language models represent complex concepts
Premature babies should have early skin-to-skin contact with their mother
New research in JNCCN offers reassurance about localized prostate cancer prognosis
Fluorinated polyimide: High toughness and low dielectric properties pave new path for high-frequency communication materials
Radar-based control of a helical microswimmer in 3-Dimensional space with dynamic obstacles
Short-term physical activity reduces metabolic-associated steatohepatitis by promoting the degradation of branched-chain amino acids in skeletal muscle
A multimodal amphibious robot driven by soft electrohydraulic flippers
US vacation renters waste $2 billion worth of food annually
Automatized vocabulary knowledge in predicting speech fluency
Uncovering the relationship between oral function and lifestyle-related diseases
Drone herbicide applications prove effective for common reed control
New report shows China dominates in AI research – and is western world’s leading collaborator on AI
Hot weather causes children to sweat at the same rate as adults, study shows
New CZI AI model could help scientists pinpoint signs of cancer cells
Sugar-coated ‘sticky’ stem cells could unlock surgery-free liver treatments
Children’s social media activity highlights emotional stress of living with long-term health issues
New tool maps hidden roles and risks in ecosystems
New breakthrough method to protect quantum spins from noise
[Press-News.org] Aussie Welcomes Commonwealth Bank of Australia's Increased InvestmentExecutive Chairman and Founder John Symond today agreed for the Commonwealth Bank (CBA) to increase its shareholding to 80 percent, by acquiring a further 47 per cent.