29 October 2000
ANZ owes an unlikely favour to the greatest bank-basher of all, John Symond of Aussie Home Loans, for its record profit. It's a little-known fact that ANZ finances Aussie's loans. The bank owns Origin which supplies the money to Aussie for it to lend at rates below ANZ.
Phrased and confused
IF at first you don't succeed ... When diamond boss Lindsey Hughson told a room of jewellers that BHP's new online service selling sparklers would make it the ``Dell Computer of diamond mining" he was met with blank stares. Moments later it was better received as the ``David Jones of the resources sector".
Credit where it's due
NORTHVOICE, an internet phone company, sent journalists a free phonecard to demonstrate the voice quality. ``For obvious reasons of propriety, it has a credit value of $20," the covering letter said. Wonder if they sent one to Peter Reith.
Slipping through the net
AS any parent knows, teenagers don't spend all their spare time surfing the net, despite the beliefs of new media dot coms. A Queensland University of Technology study found they use the internet only for homework and presumably e-mails. That means they don't see the computer as a great entertainment experience a blow for advertisers but offering hope for everybody else.
Many snappy returns
HATE to remind you, but there are only two working days left to file your tax return. If you haven't got a hope the Tax Office says it will lend a sympathetic ear if you call 132 861 first. You have been warned.
Super result in dollar dive
THE dollar's drop isn't all bad. OK, it's terrible but there's one exception. The lower it goes the better your super fund will be doing thanks to its international share holdings, Towers Perrin has found.
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