Media releases

News and announcements from BT Financial Group

Basis Capital Investors one step closer to their $23 million”, says BT Financial Group
29/07/2008
Investors who applied for units in Basis Capital funds in June 2007are one step closer to seeing their money after the Supreme Court of New South Wales found in favour of June applicants and agreed with BT Financial Group’s arguments that the June application monies were never properly a part of Funds.

BT Wrap takes $400 Million in term deposits and bumps one-year term deposit rate to 8.4%
16/06/2008
BT Financial Group has today increased its one-year term deposit rate to 8.4 per cent as investor ‘flight to cash’ sees $400 million ploughed into term deposits since BT added the cash option to their BT Wrap and SuperWrap platforms just nine weeks ago (14 April 2008).

Retirees better off with 7.4% tax-free cash as BT takes on the high interest savings market
10/06/2008
Smashing the best cash rate in the super market by over one per cent and offering one of the highest rates in the online savings space, BT Super for Life is making 7.4 per cent at-call, tax-free cash a reality for retirees.

Do you care more about your wheelie bin than your super? BT Financial Group thinks it's time to re-prioritise
6/06/2008
Every year Australians spend 122 days sleeping, 40 days watching television, and, for those under 35, less than two days thinking about saving for the biggest holiday of their lives - retirement.

BT Investment Management and AEW re-establish institutional distribution alliance in Australia and New Zealand Markets
28/05/2008
BT Investment Management (BTIM) will represent leading Boston-based global REIT manager,AEW Capital Management LP (AEW), exclusively in distributing their product suite within the Australian and New Zealand markets.

St.George and Westpac sign Merger Implementation Agreement
26/05/2008
St.George Bank Limited (St.George) and Westpac Banking Corporation (Westpac) have signed a Merger Implementation Agreement (MIA) to form Australia's leading financial services company.

Production times slashed for SoAs as BT teams up with Midwinter
22/05/2008
In a move designed to help advisers cut costs and slash Statements of Advice (SoA) production times, BT Financial Group and Midwinter have teamed up in an exclusive platform arrangement to provide advisers a cost effective, efficient way to generate complex SoAs.

Mark Spiers to lead BT advice business
19/05/2008
BT Financial Group has announced the internal appointment of Mark Spiers, Chief Executive of Magnitude Financial Planning (BT's external financial planning arm), to General Manager, Advice, for the Westpac/BT Financial Group.

St.George and Westpac agree key merger terms
13/05/2008
St.George Bank Limited (St.George) and Westpac Banking Corporation (Westpac) today announced a proposed merger of the two companies to create Australia’s leading financial services company.

Westpac and St George merger discussion
12/05/2008
Read the media release about Westpac and St George media discussions

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Media releases archive (2006-2003)