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Australian corporate tsunami donations criticised

Author: AFP, Published on: 8 January 2005

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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Related companies: Commonwealth Bank Foster's National Australia Bank News Corporation Qantas Airways Travelex Visy Westfield