Australian businesses challenged to raise A$120 million for tsunami victims

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8 January 2005

Australian corporate tsunami donations criticised

Author: AFP

Australia's top shareholders' body criticised corporate donations to tsunami relief funds...The Australian Shareholders Association said companies had no right to give away shareholders' money...[Deputy] chairman Stephen Matthews...said donations should only be made when companies stand to gain positive market exposure. [refers to Qantas Airways, Foster's, Visy, Westfield, Commonwealth Bank, Travelex, National Australia Bank, News Corporation]

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7 January 2005

Business challenged to raise $120 mln for tsunami victims [Australia]

Author: Mark Phillips, AAP Newsfeed [Australia]

Australian businesses have been challenged to raise [A]$120 million for Asian tsunami corporate donations start pouring in after a slow start. [refers to Qantas Airways, National Australia Bank, Visy, Westfield, Commonwealth Bank, News Limited (part of News Corporation), Telstra, Dick Smith Foods, Westpac, Stockland, Coates Hire, Coles Myer]

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