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- + Analyst says CBA may raise rates—[AAP] - At least one of the big four banks looks to be positioning to raise interest rates independent of any move by the central bank, an analyst say...
- + Wattyl shareholders endorse takeover—[AAP] - Shareholders of paint supplier and manufacturer Wattyl Ltd have overwhelmingly voted in favour of a $142 million takeover offer from the Valsp...
- + Iron explorer Centaurus to raise $18m—[AAP] - Iron ore explorer Centaurus Metals Ltd plans to raise up to $18 million to advance its projects in Brazil.The explorer will raise $14.4 millio...
- + Fewer international tourists coming to Qld—[ABC] - New figures show a two-per cent drop in the number of international visitors to Queensland in the year to June. The biggest fall was in Japane...
- + Sundance shares up on Chinese rail deal—[AAP] - Shares in Sundance Resources Ltd rose after it inked a deal with a Chinese firm regarding rail facilities for the iron ore explorer s flagship...
- + Housing finance rises in July but caution remains—[ABC] - There has been an increase in the number of home loans taken out by owner-occupiers in July.Australian housing finance commitments for owner-o...
- + Gas hub project train wreck in waiting: KLC—[ABC] - The Kimberley Land Council says it has been notified by the State Government that more than 20,000 hectares will be compulsorily acquired for ...
- + $44b resource exports second highest on record—[ABC] - Earnings from Australia s mineral and energy exports have hit their second highest level ever, according to the Government s resource economic...
- + Cape Lambert chasing Chinese company for millions—[ABC] - Iron Ore miner Cape Lambert Resources Limited is taking legal action against a Chinese mining company to recover $80 million. Cape Lambert has...
- + Argument over environmental bond—[ABC] - The WA Government looks set for a stoush with the mining magnate Clive Palmer over whether his company should pay an environmental bond on a m...
- + Weak home lending gives RBA pause room—[AAP] - Home lending remains weak at near nine-year lows despite recent monthly increases, giving the central bank room to keep interest rates on hold...
- + Kobe reaches iron ore deal with Rio—[AAP] - Japan s Kobe Steel has confirmed a deal with Rio Tinto Ltd for a 13 per cent cut in the price of iron ore.Rio Tinto s iron ore division is res...
- + China rescues 34 after oil rig accident—[AAP] - Emergency teams with helicopters rescued 34 workers on Wednesday from an oil drilling platform that was leaning dangerously in the East China ...
- + Japanese shares open 1.38% lower—[AAP] - Japanese share prices lost 1.97 per cent by noon on Wednesday (Tokyo time), dragged down by worries that the strong yen would erode exporters ...
- + Bligh promises action on Redcliffe rail—[ABC] - Queensland Premier Anna Bligh says she will be holding Prime Minister Julia Gillard to a promise to help build the Redcliffe rail line, north ...
- + Legal action over $3bn Pilbara project—[AAP] - Iron ore explorer Cape Lambert Resources Ltd has begun legal action it says could stall a multi-billion dollar magnetite operation in Western ...
- + Business lobby reignites GST debate—[ABC] - With a Labor minority Government now in place, the hard bargaining over policy reforms is about to get underway.Business leaders are sharpenin...
- + Smartpay to raise further $4.3m—[AAP] - Merchant services provider Smartpay is raising $4.3 million via a placement of shares in two tranches and will then move to reduce the number ...
- + Housing data shows sector still soft—[AAP] - Soft housing finance figures confirm the sector will give the Reserve Bank of Australia (RBA) a reason to hold off raising interest rates.The ...
- + Home loan weakness continues—[AAP] - Sustained weakness remains in the home lending sector, giving the central bank room to keep interest rates on hold, economists say.Australian ...
- + Mining tax returns to haunt Labor—[ABC] - Julia Gillard s new minority Labor Government has been accused of trying to slide away from a deal to hold a comprehensive tax summit, as ques...
- + Hong Kong stocks open lower—[AAP] - Hong Kong shares fell 1.13 per cent in early trade on Wednesday, with the benchmark Hang Seng Index down 241.85 points at 21,159.94.
- + Minority Government puts a damper on Australia s retail sectors—[ABC] - A prominent economic forecaster says that Australia s retail sectors have reason to be optimistic, however, minority government might hinder i...
- + Sidebottom puts hand up for regional ministry—[ABC] - The Federal Member for Braddon Sid Sidebottom has made a pitch for a new ministry focusing on regional development.Prime Minister Julia Gillar...
- + Katter braces for big challenges ahead—[ABC] - The independent Member for Kennedy, Bob Katter, says he thinks he will still be able to influence government policy in the new Federal Parliam...
- + Demand for mortgages shows modest growth—[AAP] - Demand for home loans remains modest but a greater number of those who have taken the plunge have sought the security of a fixed-rate mortgage...
- + Australia shares dip; Telstra, Foster s buck trend—[Reuters Australia] - MARKETS-AUSTRALIA-STOCKS/ (UPDATE 2):Australia shares dip; Telstra, Foster s buck trend
- + ABARE records jump in export earnings—[AAP] - Australia s export earnings from energy and mineral commodities in the June quarter was the second highest on record.Earnings increased by 41 ...
- + Budget brands can be a healthy Choice—[AAP] - Supermarket store brand food products often match premium labels for taste and nutritional value, as well as being much cheaper, a survey show...
- + $44b resource exports second highest on record—[ABC] - Earnings from Australia s mineral and energy exports have hit their second highest level ever, according to the Government s resource economic...
- + Owner occ housing finance rose 1.7%—[AAP] - Australian housing finance commitments for owner-occupied housing rose 1.7 per cent in July, seasonally adjusted, to 47,511, the Australian Bu...
- + CUA posts 8.6% rise in FY10 profit—[AAP] - Credit Union Australia (CUA) has posted a 8.6 per cent rise in annual profit and says it will pursue additional funding sources to keep pricin...
- + Toyota recalls 116,507 vehicles—[AAP] - Toyota has announced a safety recall of more than 116,000 four-wheel-drive HiLux vehicles across Australia.The recall to check support bracket...
- + Foster s snubs private equity wine offer—[ABC] - Beverage giant Foster s Group says it has rejected an offer from an international private equity firm, seeking to acquire the wine assets of T...
- + International students key to skills shortage—[ABC] - A new recruitment service in Canberra is turning to international students in a bid to address the city s skills shortage. SkilledFutures asse...
- + Business hopes independents will balance Greens—[ABC] - The Australian Industry Group says the business community is concerned reforms may come to a standstill under Labor s minority government.It s...
- + Mirabela to raise $148m for growth—[AAP] - Perth-based miner Mirabela Nickel Ltd is seeking to raise more than $US135 million ($A148.4m) through an institutional share placement.The com...
- + Australia shares slip; Foster s up on wine approach—[Reuters Australia] - MARKETS-AUSTRALIA-STOCKS/ (UPDATE 1):Australia shares slip; Foster s up on wine approach
- + Drillsearch, Innamincka agree to merge—[AAP] - Drillsearch Energy Ltd and Innamincka Petroleum Ltd have agreed to a friendly merger through a scheme of arrangement.The merged group would ha...
- + Devils, quolls spotted in planned logging coupes—[ABC] - Conservationists have used National Threatened Species Day to highlight what they say are threats to the habitat of the disease-threatened tas...
- + Fosters rejects wine offer of $2.7bn—[AAP] - Global beverages firm Foster s Group Ltd has received and rejected a non-binding proposal to buy its Treasury Wine Estates wine assets for $2....
- + Wattyl requests trading halt—[AAP] - Paint supplier Wattyl Ltd on Wednesday requested a trading halt while its shareholders consider a $142 million takeover offer from the Valspar...
- + Forum to help bolster far north agriculture sector—[ABC] - A conference in Cairns in far north Queensland today will look at ways the far north can boost its agribusiness sector. The AgInvest forum gat...
- + Mining tax back to haunt Labor—[ABC] - The new Labor Government has been accused of trying to back out of a deal to hold a comprehensive tax summit, just one day after clinging to p...
- + Devils, quolls spotted in proposed logging coupes—[ABC] - Conservationists have used National Threatened Species Day to highlight what they say are threats to the habitat of the disease-threatened tas...
- + Australia shares seen down; Foster s & miners in focus—[Reuters Australia] - MARKETS-AUSTRALIA-STOCKS/:Australia shares seen down; Foster s & miners in focus
- + Eldorado withdraws bid for Andean—[AAP] - Canadian gold miner Eldorado Gold Corporation has withdrawn its bid for Sydney-based gold explorer Andean Resources Ltd.Eldorado president and...
- + Train drivers dispute continues—[ABC] - The Industrial Relations Commission will reconvene this afternoon, as a dispute involving Perth train drivers continues.About 100 drivers call...
- + Public paying for Aurora debt woes: Gutwein—[ABC] - The Tasmanian Opposition has questioned why the state s electricity retailer has increased its workforce and payroll over the past six years d...
- + Rates: RBA Sits—[Australia Investment Review] - Tomorrow s jobs figures for August will provide the first test of the Reserve Bank s small, but significant change in ...
- + Rates: Look At The Changes To The Statement—[Australia Investment Review] - As expected, no change to interest rates at yesterday s Reserve Bank board meeting, but the central bank has advanced ...
- + Japan: No Change In Rates—[Australia Investment Review] - And the Bank of Japan also kept its key rate unchanged after a meeting in Tokyo yesterday. But it didn t reveal any ne...
- + Corporates: Andean, Western Areas, St Barbara—[Australia Investment Review] - Sydney-based gold explorer Andean Resources, under bid from two Canadian companies with multi-billion dollar offers on...
- + Budget deficit could fuel retail slump: forecast—[ABC] - Access Economics latest forecast predicts a continuing slump in ACT retail sales.Earlier this year the forecaster named the ACT as the top per...
- + Potash says BHP won t be only bidder—[AAP] - The chief executive of Potash Corp. of Saskatchewan Inc said on Tuesday he believes BHP Billiton Ltd will not be the only bidder for the world...
- + Woodchip power plant plan under fire—[ABC] - Forestry Tasmania is under continuing criticism over its plan to generate electricity using woodchips.The state-owned company s talking about ...
- + Mayor vows no CSG salt waste dumping—[ABC] - A southern Queensland mayor says he will not let coal seam gas (CSG) companies dump salt waste on the western Darling Downs. There are several...
- + Human error blamed for 80-tonne fish kill—[ABC] - There has been a big die-off of kingfish raised by Eyre Peninsula-based aquaculture company Clean Seas.The company says up to 80 tonnes of fis...
- + Markets stressed by fresh European debt fears—[ABC] - Renewed concerns about the health of Europe s banking system sent global stocks down overnight.Wall Street gave up one per cent in its first t...
- + OceanaGold CEO resigns—[AAP] - OceanaGold Corporation chief executive Paul Bibby has resigned for personal reasons after less than a year in the role, the Melbourne-based go...
- + Population a challenge for retailers—[AAP] - Retailers have reason to be optimistic, but slower population growth will pose a more challenging time than in the past decade, an independent...
- + Sydney urged to bid for 2017 Expo—[AAP] - The NSW government is being urged to bid for the 2017 International Expo to help drive development and enhance Sydney s reputation on the glob...
- + Barclays picks big bonus banker as chief—[AAP] - Barclays on Tuesday chose US national Bob Diamond as its next chief executive, a banker infamous in Britain for pocketing huge bonuses as head...
- + US stocks slip on European concerns—[AAP] - US stocks slipped on Tuesday as fresh concerns over the health of the European economy weighed on last week s optimism as traders return from ...
- + Judge grants bankruptcy protection to ailing Mexicana—[AFP] - A judge has granted bankruptcy protection to ailing Mexicana airline, which indefinitely suspended all its flights last month, judicial source...
- + EU OKs new financial supervision deal—[AAP] - The European Union has agreed to create new financial oversight institutions, hoping to prevent a repeat of the government debt crisis that ne...
- + China rejects currency pressure—[AAP] - China rejected pressure over currency on Tuesday amid a visit by two high-level US envoys, saying Beijing will set the pace of exchange rate r...
- + Mining tax still a major challenge: Xstrata—[ABC] - A senior executive of one of the world s biggest miners is not ruling out more changes to the mining profits tax. Xstrata Coal chief executive...
- + Westpac appoints new MD for BankSA—[AAP] - BankSA will target South Australia s resources companies as it seeks more growth in its home state, newly appointed managing director Jane Kit...
- + Western Areas eyes expansion in China—[AAP] - Nickel miner Western Areas NL says it is seeking opportunities in China to expand.The company operates two mines in the Forrestania region of ...
- + Flukey bath bungle kills kingfish—[AAP] - Aquaculture company Clean Seas Ltd says it will take a $700,000 pre-tax hit on its earnings from the loss of 80 tonnes of kingfish after an ad...
- + Atlas, BC hope for fruitful tax summit—[AAP] - Junior iron ore miners have welcomed Independent MP Rob Oakeshott s announcement of a tax summit and say they hope any new mining tax will be ...
- + Markets wobble on Independents pick—[AAP] - Currency, fixed interest and equity markets had some jitters in the lead up to the decision by independent MPs Rob Oakeshott and Tony Windsor ...
- + Coal boss sees strong mid-term demand—[AAP] - Xstrata Coal says demand for thermal coal is expected to outstrip supply in the medium term.The mining giant also called for debate on climate...
- + AMEC still hopes mining tax will be axed—[AAP] - West Australian business groups continue to cling to the hope that the proposed new mining tax will be scrapped even though it is supported in...
- + Brokers cut price targets on Macquarie—[AAP] - Shares in Macquarie Group Ltd lost another 2.2 per cent after four brokers cut price targets on the stock following the investment bank s prof...
- + Market recovers after rates, political jitters—[ABC] - The local share market spent most of the day hovering flat, but dropped slightly when the Reserve Bank announced its decision to leave the off...
- + Storm Financial claims settled by year s end: lawyers—[ABC] - The lawyers representing hundreds of investors from the 2008 Storm Financial collapse say all claims brought to them will be finalised before ...
- + Retailers expect lift after election—[AAP] - Consumers will gain confidence from the end of the political uncertainty in Canberra, the National Retailers Association (NRA) says.NRA execut...
- + AWB lifts wheat pool forecast—[AAP] - Agribusiness AWB Ltd says global interest in Australian wheat has been boosted by drought in Russia and weather damage in northern Europe.AWB ...
- + Economy headed for boom in next decade—[AAP] - Australia s economy will be strong and is on the upswing for a boom within the next decade, as long as mining remains strong, a leading econom...
- + Shell dismisses Woodside takeover talk—[AAP] - Royal Dutch Shell says it s not preparing to take over Woodside Petroleum Ltd.It also expects a decision on whether to proceed with its Prelud...
- + Milton and Choiseul agree on merger—[AAP] - Listed investment companies Milton Corporation Ltd and Choiseul Investments Ltd have agreed on terms for a $2 billion merger.The two companies...
- + French workers stage mass protest against pension reform—[AFP] - More than a million French workers took to the streets on Tuesday to challenge President Nicolas Sarkozy s plan to raise the retirement age to...
- + Mortgage sales jump 11% in August—[AAP] - Mortgage sales jumped 11 per cent in August as homebuyer confidence strengthened and mortgage delinquencies stabilised.Home sales across the n...
- + Australia shares ease as political drama ends—[Reuters Australia] - MARKETS-AUSTRALIA-STOCKS (UPDATE 7):Australia shares ease as political drama ends
- + BP to publish oil spill report on Wednesday: company—[AFP] - BP will publish an eagerly awaited report on the causes of the Gulf of Mexico oil spill on Wednesday, the company announced.The probe by the o...
- + Oracle names ex-HP boss as co-president—[AAP] - Oracle Corp has hired former Hewlett-Packard Co CEO Mark Hurd to help lead the database software maker in a pivotal moment in Oracle s 33-year...
- + No JORC estimate for MetroCoal s project—[AAP] - Coal explorer MetroCoal Ltd says it has not yet released a resource estimate for its Columboola project in central Queensland that complies wi...
- + Australia shares end slightly lower; miners weak—[Reuters Australia] - MARKETS-AUSTRALIA-STOCKS (UPDATE 6):Australia shares end slightly lower; miners weak
- + Mining stocks falter on ALP election win—[AAP] - Mining stocks fell a little after key independent MPs Tony Windsor and Rob Oakeshott handed the Labor Party the numbers to govern Australia fo...
- + Reserve Bank leaves rates unchanged—[AAP] - The Reserve Bank of Australia (RBA) has given little indication of what the future holds after leaving the cash rate unchanged at 4.5 per cent...
- + Funeral ads misleading, says Invocare—[AAP] - The plethora of advertisements claiming funeral insurance can cost less than the cup of a coffee a week are not telling the full story, a fune...
- + Leighton expected to name new King—[AAP] - Leighton Holdings Ltd has declined to comment on speculation that the company will announce the end of chief executive Wal King s 23-year reig...
- + Australia shares dip after Labor wins government—[Reuters Australia] - MARKETS-AUSTRALIA-STOCKS (UPDATE 5):Australia shares dip after Labor wins government
- + Australia dlr dips briefly after Labor retains power—[Reuters Australia] - MARKETS-AUSTRALIA-DOLLAR/ (URGENT):Australia dlr dips briefly after Labor retains power
- + Coalspur expands landholdings in Canada—[AAP] - Coal explorer Coalspur Mines Ltd has expanded its landholdings in Alberta, Canada.The Perth-based company said in a statement on Tuesday that ...
- + NZ companies detail impact of earthquake—[AAP] - A number of listed companies in New Zealand have formally advised investors of the impact of Saturday s earthquake in Christchurch on their bu...
- + Reserve holds rates, no urgency to hike—[ABC] - The Reserve Bank has surprised no one with its decision to keep interest rates on hold for the fourth straight month.The official cash rate ta...
- + Storm settlements being finalised—[AAP] - More than 900 of the 1120 claims lodged with a legal firm by victims of the 2008 Storm Financial collapse have been finalised.Damian Scattini,...
- + Bank of Japan keeps key rate unchanged—[AAP] - Japan s central bank on Tuesday kept its key rate unchanged at 0.1 per cent, as widely expected, in order to continue nurturing a moderate rec...
- + Reserve Bank leaves cash rate unchanged—[AAP] - Homeowners can rest easy for another month after the Reserve Bank left its key interest rate unchanged after Tuesday s board meeting.The decis...
- + $A falls as RBA leaves rates unchanged—[AAP] - The Australian dollar fell two tenths of a US cent after the Reserve Bank of Australia (RBA) left the cash rate unchanged at 4.5 per cent.The ...
- + Intrepid turns 21, plans share float—[AAP] - The hope was to start a little business that gave them an excuse to keep travelling.But for Darrell Wade, 49, and Geoff Manchester, 50, the li...
- + Drillsearch ups stake in SA gas finds—[AAP] - Oil and gas producer Drillsearch Ltd has increased its interest in four wet gas discoveries in South Australia s Cooper Basin.Drillsearch shar...
- + $A rises/falls as Katter backs coalition—[AAP] - The Australian dollar has risen and fallen sharply after North Queensland independent MP Bob Katter said he will back the coalition to form mi...
- + Train drivers union meeting—[ABC] - A union representing train drivers in Perth says it hopes its members do not take any further industrial action until their claim for a pay ri...
- + Jobless rate expected to fall in August—[AAP] - Australia s unemployment rate is expected to have fallen in August as the nation s economy continues to pick up steam, economists say.But anal...
- + Coalspur expands Canada landholdings—[AAP] - Coal explorer Coalspur Mines Ltd has expanded its landholdings in Alberta, Canada.The Perth-based company said in a statement on Tuesday that ...
- + Australia shares little moved; miners steady—[Reuters Australia] - MARKETS-AUSTRALIA-STOCKS (UPDATE 4):Australia shares little moved; miners steady
- + Homebuyers confident despite repayment problems—[ABC] - A new private sector measure shows home buyer confidence has returned to near pre-global financial crisis levels, despite a fifth of first-tim...
- + Rate hikes, costs leave homebuyers cold—[AAP] - About 20 per cent of homebuyers expect difficulties repaying their mortgage in the year ahead because of higher interest rates and cost of liv...
- + Coal mining proposal challenges political colleagues—[ABC] - The fight against coal mining in WA s South West has taken a political turn.New South Wales-based company LD Operations wants to mine coal at ...
- + Western Areas eyes expansion in China—[AAP] - Nickel miner Western Areas NL says it is seeking opportunities in China to expand its operations.The company is focused on the Forrestanian re...
- + Kia Motors boss resigns over mass recall—[AAP] - The head of South Korea s second-largest automaker Kia Motors has resigned to take responsibility for mass vehicle recalls caused by defective...
- + Australian shares flat ahead of rates decision—[ABC] - Australian shares are broadly flat ahead of this afternoon s rates announcement by the Reserve Bank, and a decision over which party will form...
- + Interest rates set to rise, says BIS—[AAP] - Interest rates are set to rise and commercial property values will skyrocket, a leading economist says.BIS Shrapnel chief economist Dr Frank G...
- + Australia shares soft ahead of govt, rates calls—[Reuters Australia] - MARKETS-AUSTRALIA-STOCKS (UPDATE 2):Australia shares soft ahead of govt, rates calls
- + Cougar, Qld Government reach agreement—[ABC] - Cougar Energy says it has reached an agreement with the State Government over the company s underground coal gasification (UCG) project in the...
- + Economy heading for boom, says economist—[AAP] - Australia s economy will be strong and is on the upswing for a boom within the next decade, a leading economist says.BIS Shrapnel chief econom...
- + Forestry Tasmania profits slashed $8m—[ABC] - Forestry Tasmania is blaming falling international wood products demand for a major profit slump.The company has reported an operating loss of...
- + Banks offer relief for flood victims—[ABC] - The Australian Bankers Association says disaster relief packages are available for people affected by the floods across Victoria.Banks are off...
- + Domino s denies plans to buy Crust Pizza—[AAP] - Pizza franchise Domino s says speculation that Crust Pizza is on the menu is crumby. Domino s Pizza Enterprises Ltd (DMP) would like to confir...
- + Out of the dark come super mushrooms—[ABC] - Mushrooms with additional vitamin D are about to go on the market.The extra vitamin content is achieved by exposing them to ultraviolet light ...
- + Australia shares ease ahead of RBA, govt news—[Reuters Australia] - MARKETS-AUSTRALIA-STOCKS (UPDATE 1):Australia shares ease ahead of RBA, govt news
- + Andean denies breaching rules on merger—[AAP] - Sydney-based gold explorer Andean Resources Ltd says it did not breach the listing rules by failing to inform the Australian Stock Exchange (A...
- + St Barbara proposes share consolidation—[AAP] - Gold miner St Barbara Ltd is proposing to consolidate its share base, in a bid to attract international institutional investors.St Barbara sai...
- + Sweatshops on wheels driving truckies to drugs—[ABC] - The Transport Workers Union wants police to investigate trucking companies after a drug testing blitz on drivers.Fourteen truck drivers tested...
- + Westpac appoints new MD for BankSA—[AAP] - Westpac Banking Corporation has appointed its general manager of pacific banking as the new managing director of its BankSA business.Jane Kitt...
- + Adamus Resources shares suspended—[AAP] - Shares in Adamus Resources Ltd have been suspended pending an announcement regarding financing, according to a statement on Tuesday.
- + Sweatshops on wheels driving truckies to drugs: union—[ABC] - The Transport Workers Union wants police to investigate trucking companies after a drug testing blitz on drivers.Fourteen truck drivers tested...
- + Eastlink toll road traffic up in August—[AAP] - ConnectEast Group says traffic and revenue on Melbourne s Eastlink toll road rose by more than 10 per cent in August.The toll road owner and o...
- + New Bank SA managing director appointed—[ABC] - Jane Kittel has been named managing director of Bank SA, to take over from Rob Chapman.He is moving to the role of CEO of St George Bank.Ms Ki...
- + Construction falls for fourth straight month—[ABC] - The construction sector s health waned for a fourth consecutive month in August, as fiscal stimulus continued to pull back.The Australian Indu...
- + Construction activity remains weak—[AAP] - Activity in Australia s construction industry remained weak in August, with house building diving to its lowest level in 16 months, a survey s...
- + Reserve expected to hold fire—[ABC] - The Reserve Bank is widely expected to leave official interest rates on hold today, as it surveys an uncertain global outlook.The RBA s board ...
- + Australia shares seen edging up;miners/Telstra eyed—[Reuters Australia] - MARKETS-AUSTRALIA-STOCKS:Australia shares seen edging up;miners/Telstra eyed
- + AWB lifts wheat pool forecast—[AAP] - Agribusiness AWB Ltd says drought in Russia and weather damage in Europe has helped lift interest for Australian wheat.AWB general manager of ...
- + Property: Woolies’ Surprise $900 million Sale—[Australia Investment Review] - Nearly two weeks ago, Woolworths revealed a $700 million share buyback and yesterday it also revealed a $900 million c...
- + Hundreds attend forum on Sunshine Coast water prices—[ABC] - More than 400 residents attended a forum on Queensland s Sunshine Coast last night to question Unity Water about increased water prices.Unity ...
- + MySuper retail funds competitive: Fitch—[AAP] - Fitch Ratings has thrown its support behind the Cooper review s recommended low-fee default superannuation accounts, saying the reform would a...
- + Ratings: Australia’s AAA Rating Reaffirmed—[Australia Investment Review] - Australia s AAA international credit rating has been reaffirmed by rating agency Standard & Poor’s (S&P). In a stateme...
- + The Economy: No Need For A Rate Rise Today—[Australia Investment Review] - According to two private surveys issued yesterday, the jobs market remains strong and inflation is easing. Normally th...
- + Qld councils to run joint waste tender process—[ABC] - Five regional councils in central Queensland have been given interim permission by the Australian Competition and Consumer Commission (ACCC) t...
- + FTSE posts longest run of gains since June, Wall St closed—[ABC] - Stocks on the key global markets have posted modest rises, with no direction from Wall Street as the New York Stock Exchange was closed for th...
- + Workers agree to new work conditions at Collinsville mine—[ABC] - A long-running industrial dispute at a north Queensland coal mine has ended with workers voting in favour of a new employment agreement.The tw...
- + Business expectations rise, survey shows—[AAP] - Business executives expect sales and profits to pick up in the December quarter, but the outlook for employment remains subdued, a survey show...
- + Italian shepherds protest in Rome—[AAP] - Hundreds of Italian shepherds have rallied with their flocks in the centre of Rome against low dairy prices and the alleged production in Roma...
- + Bank levies for bank problems: EU—[AAP] - Levies on banks across Europe should be designed to avoid costly bills for ordinary taxpayers if debts go bad again in future, and not to prop...
- + South Africa strike suspended—[ABC] - A strike that brought to a halt large sections of South Africa s public service has been suspended for three weeks. The suspension was called ...
- + European markets show modest gains—[AAP] - European stock markets extended a rally on Monday and the US dollar edged higher, but with Wall Street closed for the Labor Day public holiday...
- + As Democrats fear rout, Obama launches new jobs push—[AFP] - US President Barack Obama Monday promised more than 50 billion dollars to create jobs rebuilding roads, railways and airports, targeting huge ...
- + Troubles mount for EU bid to re-draw economic government—[AFP] - Plans to radically re-draw cross-border economic government across Europe hit a stumbling block on Monday 10 days from a deadline for concrete...
- + WTO chief urges G20 to end Doha talks—[AAP] - World Trade Organisation chief Pascal Lamy urged Group of 20 leaders on Monday to make a big push for the conclusion of the Doha round of glob...
- + Malaysia s once-vaunted biofuel industry grinds to halt—[AFP] - Malaysia s once-vaunted biofuel industry has seen production grind to a halt since a March announcement that the government s mandatory switch...
- + Afghanistan blocks asset sale of crisis-hit bank CEOs—[AFP] - Afghanistan s government said Monday it has frozen assets held by some of Kabul Bank s owners as the crisis-hit institution faced huge withdra...
- + Sarkozy faces mass protest against raising retirement to 62—[AFP] - Strikes broke out in France on Monday as unions geared up for a nationwide general stoppage to protest President Nicolas Sarkozy s plans to ra...
- + Toyota Prius top-selling car in Japan—[AAP] - Toyota s Prius was the top selling car in Japan during August for the 16th straight month, as incentives for green vehicles continued to boost...
- + BA, Iberia target 12 other airlines—[AAP] - British Airways and Iberia have identified 12 airlines as potential takeover targets once their own tie-up is finalised, as they bid to create...
- + Oilex shares up on reserve upgrade—[AAP] - Shares in Oilex Ltd jumped by more than 32 per cent after the oil and gas producer reported upgraded reserves and contingent resources for tig...
- + August Jobs data - handle with care—[AAP] - Labour force data due this week will continue a recent tendency to overestimate employment growth.The August labour force figures will be rele...
- + Afghanistan ready to bail out bank—[AAP] - Afghanistan s central bank said on Monday it was willing to offer loans to bail out troubled Kabul Bank as nervous depositors continued taking...
- + Lynas ups rare earths resource estimate—[AAP] - Rare earths mine developer Lynas Corporation Ltd has unveiled a substantial increase in the mineral resource estimate for its Mount Weld proje...
- + Inflation under control, Reserve can sit tight—[ABC] - A private gauge shows inflation under control, despite Australia s strong economic growth in recent months.The TD Securities - Melbourne Insti...
- + Gold nugget found in hotel fireplace—[ABC] - The owners of a hotel in central Victoria have been shocked to find a gold nugget in a fireplace.Tracey Berry owns the Cool Country Tavern in ...
- + $A closes higher as stocks climb—[AAP] - The Australian dollar closed higher after a rally on the local share market augmented gains made late last week.At 1700 AEST on Monday, the lo...
- + Shares rise on local and US economic data—[ABC] - The Australian share market has climbed on the back of a strong lead from Wall Street on Friday and some positive local economic data.The late...
- + WTO to issue Boeing subsidies verdict Sept. 15: source—[AFP] - The World Trade Organization will issue its long-awaited opinion on Europe s challenge to American subsidies to US aerospace giant Boeing next...
- + Norton completes Lehman hedge settlement—[AAP] - Shares in Norton Gold Fields Ltd jumped after the gold miner said it had completed a litigation settlement with Lehman Brothers related to its...
- + Macquarie first half profit to fall 25%—[AAP] - Macquarie Group Ltd shares have hit a 15 month low after the investment bank said its first half profit would likely fall by 25 per cent due t...
- + Australia shares up 0.8 pct; Macquarie warns on H1—[Reuters Australia] - MARKETS-AUSTRALIA-STOCKS (UPDATE 5):Australia shares up 0.8 pct; Macquarie warns on H1
- + Stockland bid for Aevum too low: expert—[AAP] - Aevum Ltd says an expert report supports its view that rival Stockland s unsolicited takeover bid is opportunistic and undervalues the retirem...
- + Rating evidence of responsible govt—[AAP] - Treasurer Wayne Swan says Standard & Poor s (S&P) affirmation of Australia s AAA rating is further evidence of the Labor government s responsi...
- + South African public workers suspend 20-day strike—[AFP] - South African public sector unions announced the suspension Monday of a three-week-old strike that has crippled the health service and forced ...
- + Rio Tinto mid-way through share buy-back—[AAP] - Rio Tinto Ltd says it is mid-way through a share buy-back program that is designed to simplify its dual listed structure.The mining giant earl...
- + ASX derivatives trading surges in August—[AAP] - Derivatives trading on the local bourse jumped by at least nine per cent in August, but share trading volumes are still lacklustre compared to...
- + EU budget chief sparks row over British rebate billions—[AFP] - Europe s budget chief sparked a fierce row with Britain on Monday over the Thatcher rebate which sees billions returned to London in lieu of f...
- + Obama unveils new 50-billion-dollar infrastructure plan—[AFP] - US President Barack Obama unveiled plans Monday to spend at least 50 billion dollars to expand and renew US roads, railways and airports, in a...
- + Australia shares rise; Macquarie sheds 4.7 pct—[Reuters Australia] - MARKETS-AUSTRALIA-STOCKS (UPDATE 4):Australia shares rise; Macquarie sheds 4.7 pct
- + Improve our standard of living, say pensioners—[ABC] - A pensioners lobby group has used its annual conference in Brisbane to urge all levels of government to improve the standard of living for old...
- + Remote services rescue NZ brokers—[AAP] - Disaster plans for share brokers, as required by the NZX, worked well in the aftermath of the 7.1 magnitude earthquake which struck the city a...
- + Margaret River s character may be protected—[ABC] - The Premier Colin Barnett says the government will consider special laws to protect Margaret River from a proposed coal mine. An eastern state...
- + Stuart shares up on Worrior 7 first oil—[AAP] - Shares in Stuart Petroleum Ltd rose after the company said first oil had flowed from its Worrior 7 well in South Australia s Cooper Basin.Stua...
- + Another forestry firm is felled—[AAP] - Forestry projects operator Willmott Forests Ltd has been placed in receivership, following the downward spiral of collapsed managed investment...
- + Australia shares up 0.5 pct; banks, Woolworths gain—[Reuters Australia] - MARKETS-AUSTRALIA-STOCKS (UPDATE 3):Australia shares up 0.5 pct; banks, Woolworths gain
- + China to have 200 million vehicles—[AAP] - The number of vehicles on China s roads will more than double to at least 200 million by 2020, a top official was quoted on Monday as saying, ...
- + Jetset shareholders clear Stella merger—[AAP] - Travel agency Jetset Travelworld Ltd s shareholders have voted overwhelmingly in favour of a merger with Stella Travel Services Pty Ltd.On Mon...
- + Term deposits making a comeback—[AAP] - As the fallout from the global financial crisis looms over a jittery stock market, a well-established investment vehicle is making a comeback....
- + Rating not hurt by political deadlock—[AAP] - International credit rating agency Standard & Poor s (S&P) has reaffirmed Australia s AAA credit rating, saying there is a strong political wi...
- + Tax truce in doubt as miners threaten new ad blitz—[ABC] - The controversy over the Federal Government s mining tax may be back, with the Association of Mining Exploration Companies threatening to rela...
- + China vows to increase foreign imports:—[AAP] - China has vowed to make it easier to import goods into its huge market as Beijing seeks to address controversial trade surpluses with its trad...
- + Gloucester raises $7m from retail offer—[AAP] - Gloucester Coal Ltd has raised $7 million from a retail entitlement offer, bringing funds garnered from its two-pronged capital raising to $44...
- + Inflation under control, Reserve can sit tight—[ABC] - A private gauge shows inflation under control, despite Australia s strong economic growth in recent months.The TD Securities - Melbourne Insti...
- + Macquarie shares slide on profit warning—[ABC] - Macquarie Group says its first-half profits will be down significantly on last year because of the tough global market conditions. The investm...
- + Norton completes Lehman hedge settlement—[AAP] - Shares in Norton Gold Fields Ltd jumped after the gold miner said it had completed a litigation settlement with Lehman Brothers related to its...
- + Harvesting a ray of hope for forest contractors—[ABC] - Forest Contractors have begun harvesting some plantations owned by the troubled Forest Enterprises Australia (FEA) in north-east Tasmania.FEA ...
- + Climate Change affecting Bees—[AAP] - Climate change may be preventing bees from carrying out the vital job of pollination by upsetting their life cycles, a study has shown.Floweri...
- + Focus of Gulf oil disaster shifts—[AAP] - With a key piece of evidence raised from the depths of the Gulf of Mexico and BP s Macondo well ruled a threat no longer, the focus shifts to ...
- + Chile miners may be free by November—[AAP] - The 33 miners trapped deep underground in northern Chile may be brought back to the surface as early as November, according to a document prov...
- + Woolworths to sell $900m of property—[AAP] - Woolworths Ltd plans to offload $900 million of its retail sites from the company s property portfolio.The retailing giant plans to sell 30-pl...
- + Central Qld coal exports on the up—[ABC] - Coal exports to Asia from the Port of Gladstone in central Queensland are up. The chairman of the Gladstone Ports Corporation, Ian Brusasco, s...
- + Canterbury economy bleak after quake—[AAP] - Quake-ravaged Christchurch s immediate economic future looks bleak, but the $NZ2 billion ($A1.57 billion) reconstruction bill will provide a b...
- + Coal mining proposal splits political colleagues—[ABC] - The fight against coal mining in WA s South West has taken a political turn.New South Wales-based company LD Operations wants to mine coal at ...
- + Lynas ups rare earths resource estimate—[AAP] - Shares in Lynas Corporation Ltd jumped after the rare earths mine developer announced a substantial increase in the mineral resource estimate ...
- + S&P may downgrade Christchurch rating—[AAP] - Standard & Poor s Ratings Services on Monday signalled a possible downgrade of Christchurch City Council s credit rating in the wake of Saturd...
- + Job ads rise again—[ABC] - Job advertisements increased 2.6 per cent in August, and are now 36 per cent higher than a year ago.It is the fourth consecutive rise in job a...
- + NZ companies detail impact of earthquake—[AAP] - A number of listed companies in New Zealand have formally advised investors of the impact of Saturday s earthquake in Christchurch on their bu...
- + Andean shares rise on Goldcorp deal—[AAP] - Shares in Sydney-based gold explorer Andean Resources have jumped after it emerged from a trading halt following a takeover bid from Goldcorp ...
- + Australia shares post small gain, Macquarie drags—[Reuters Australia] - MARKETS-AUSTRALIA-STOCKS (UPDATE 2):Australia shares post small gain, Macquarie drags
- + Australia shares post small gain, Macquarie drags—[Reuters Australia] - MARKETS-AUSTRALIA-STOCKS (UPDATE 2):Australia shares post small gain, Macquarie drags
- + Businesses confident, job ads up 2.6%—[AAP] - Australian businesses are confident about the economic outlook, with job advertisements rising 2.6 per cent in August and 36 per cent on a yea...
- + INGIM appoints Barrett, Hudak—[AAP] - ING Investment Management (INGIM) has appointed Patrick Barrett and Phillip Hudak to its Australian equities team.Mr Barrett was most recently...
- + NZ Oil & Gas to buy back shares—[AAP] - New Zealand Oil & Gas Ltd (NZOG) intends to buy back 8.5 million of its ordinary shares to boost its share price, which it says is significant...
- + MAC to build workers village at Narrabri—[AAP] - Mining services provider The MAC Services Group Ltd says it will build a workers accommodation village in Narrabri to service the area s growi...
- + Air Midday Market Roundup—[Australia Investment Review] - The market is up 15. The SFE Futures were up 50 this morning. Wall Street closed up 127 on Friday. The S&P 500 was up ...
- + Zambian govt reinstates BHP licence—[AAP] - The Zambian government has reversed a decision to cancel BHP Billiton s Mumbwa prospecting licence, which it cancelled on Wednesday.BHP Billit...
- + Aevum repeats Stockland offer rejection—[AAP] - Aevum Ltd has reiterated that shareholders should reject a takeover offer from Stockland, describing the bid as inadequate, opportunistic and ...
- + Macquarie first half profit to fall 25%—[AAP] - Investment bank Macquarie Group Ltd has forecast that first half profit will fall 25 per cent because conditions in most markets have been wea...
- + DNZ sells Whangarei property to cut debt—[AAP] - DNZ Property Fund Ltd has announced a conditional sale of a Whangarei property for $NZ13.5 million ($A10.6 million), to help to reduce debt.Sa...
- + Sunshine Coast mayor doubtful on infrastructure agreement—[ABC] - Sunshine Coast Mayor Bob Abbot says it will be virtually impossible for the council to reach an agreement on who will pay for essential infras...
- + Bundaberg gears up for turtle rookery season—[ABC] - Bundaberg North Burnett Tourism says it is aiming to attract more than 4,000 extra visitors to the Mon Repos turtle rookery this season.The or...
- + CIOs mildly optimistic, some concerns—[AAP] - Investment chiefs of companies are moderately optimistic about the investment picture over the next 12 months, a new survey says.But concerns ...
- + IAG reaffirms earnings guidance—[AAP] - Insurance Australia Group Ltd expects claims from the New Zealand earthquake to be entirely covered by reinsurance arrangements and reaffirmed...
- + Blackouts continue as SA clears storm damage—[ABC] - Electricity customers who have been without their power for more than 12 hours will be eligible for payments from power provider ETSA in South...
- + Jobs on offer grow in August: report—[AAP] - The number of jobs advertised online increased in August, as businesses grow more confident about the strength of the global economy, a report...
- + Australia shares seen up; eye Macquarie, NZ quake—[Reuters Australia] - MARKETS-AUSTRALIA-STOCKS:Australia shares seen up; eye Macquarie, NZ quake
- + New Zealand: Two Big Blows To Kiwi Economy—[Australia Investment Review] - Saturday s terrible Christchurch earthquake is the second body blow in five days to New Zealand s $NZ186 billion econo...
- + Markets: Good Week All Round—[Australia Investment Review] - Markets are set to continue their global rally this week, but only after the American market emerges from a tonight s ...
- + Corporates: Not Nufarm’s Week, Again—[Australia Investment Review] - Nufarm shares fell more than 3% on Friday to take the week s losses to around 14% after its was placed on credit watch...
- + Commodities: Copper, Oil Gold Closed Mixed—[Australia Investment Review] - The relief shown in equity markets at the relative good news around the August jobs data spilled over into commodities...
- + DIARY: Australian Jobs, Interest Rates, China’s August Data—[Australia Investment Review] - Australian interest rates and jobs will dominate the week ahead with the Reserve Bank board meeting tomorrow and the A...
- + Garrett suspends Cairns resort development again—[ABC] - The Federal Environment Department has suspended the approval for a resort development at False Cape near Cairns in far north Queensland for a...
- + Tax tourists to pay off Japanese whalers: academic—[ABC] - A Queensland academic says Australia could help prevent whale hunting by imposing a levy on the tourism industry.Professor Clevo Wilson from t...
- + Councils glove up over water price cap plan—[ABC] - The Local Government Association of Queensland (LGAQ) says a cap on water prices could send council-owned water companies broke.South-east Que...
- + Obama backing research tax credits—[AAP] - Seeking ways to spur economic growth ahead of the November elections, President Barack Obama will ask Congress to increase and permanently ext...
- + Bad credit for corporate borrowers okay—[AAP] - With rising fears of a prolonged recession and stomach-churning moves in the stock market, corporate bond markets have performed so well this ...
- + Marketers say gizmos have staying power—[AAP] - How do you get penny pinchers to spend these days? Pitch products that promise to save them money.Demand is rising for kitchen and bath gadget...
- + Taiwan s HTC iPhone s quiet challenger—[AAP] - East Asia is the world s electronics factory, yet unless they are Japanese, producers are largely anonymous. Now HTC Corp, a Taiwanese maker o...
- + Market to open higher on US lead—[AAP] - The Australian share market is expected to open higher when trade resumes on Monday after a better than expected US jobs report eased concerns...
- + BP ups asset sale target: report—[AAP] - Oil giant BP has increased to $US40 billion ($A44 billion) the amount it wants to raise from an asset sale program following the Gulf of Mexic...
- + Bumper profits fail to dispel wider worries—[AFP] - A season of bumper profits for some of the world s biggest corporations provides a shocking contrast to the low rates of growth and high level...
- + Aust market to open higher on US lead—[AAP] - The Australian share market is expected to open higher when trade resumes on Monday after a better than expected US jobs report eased concerns...
- + Conservationists help zebras—[AAP] - Conservationists are using information gathered from surveys of hundreds of people in a remote area of Kenya to find ways to help protect an e...
- + Newcrest eyes opportunities—[AAP] - Newcrest Mining Ltd s boss says the gold miner can expand at a sustainable pace in the years ahead with opportunities in Australia and oversea...
- + Banks must pay for Greece crisis: Slovakian PM—[AFP] - Slovakian Prime Minister Iveta Radicova, whose country refused to contribute to a 110-billion-euro bailout of Greece, said on Sunday banks had...
- + Afghans withdraw cash from bank—[AAP] - Nervous depositors have continued to withdraw their money from Kabul Bank, despite assurances by Afghan leaders that the nation s largest inst...
- + iPhone 4 sales in S.Korea start this week—[AFP] - South Korean telecom operator KT Corp said on Sunday it planned to begin selling Apple s iPhone 4 this week amid growing competition to expand...
- + Suzuki to build new auto plant in India—[AFP] - Japan s top minicar maker Suzuki Motor Corp. is to build a new auto assembly plant near the Indian capital New Delhi in a bid to meet growing ...
- + Booming China auto industry faces over-capacity—[AFP] - China should end preferential policies for automotive companies in order to curb over-capacity in an industry where sales jumped 55 percent in...
- + Six million paid wrong UK income tax—[AAP] - British tax collectors say a new computer system has revealed that almost 6 million people have paid the wrong amount of income tax, and 1.4 m...
- + Germany to lift growth forecast to 3%—[AAP] - The German government will lift this year s growth forecast to 3.0 per cent, up from the previous 1.4 per cent, due a stronger than expected r...
- + Medvedev picks Khudainatov to head Rosneft—[AFP] - Russian President Dmitry Medvedev on Saturday selected Eduard Khudainatov, currently first vice president of Rosneft, as the new president and...
- + Trichet calls for united EU at the IMF—[AFP] - European Central Bank chief Jean-Claude Trichet called Saturday for Europe to hold a united position on refomin the International Monetary Fun...
- + EU deal to curb speculative trading close: commissioner—[AFP] - Brussels should be able to reach agreement on how to regulate speculative hedge funds in the coming weeks, European commissioner Michel Barnie...
- + EU decision on support for banks due November: commissioner—[AFP] - Brussels will say in November if it is to extend support for troubled European banks, but will move more quickly on the troubled Anglo Irish B...
- + Afghans crowd scandal-hit bank to withdraw savings—[AFP] - Afghan officials sought Saturday to head off a run on the country s biggest bank, reassuring customers of Kabul Bank that their money was safe...
- + Back off over Hague, MP tells UK media—[AAP] - A long-standing friend and political colleague of William Hague has called on the press to back off , branding coverage of the Foreign Secreta...
- + EU body reports record lending amid credit squeeze—[AFP] - The European Investment Bank (EIB) dished out a record 79 billion euros (101.5 billion dollars) in credit last year as banks scaled back lendi...
- + India s Tata Steel may seek $5.4-bln loan: report—[AFP] - The world s seventh-largest steelmaker, Tata Steel, is in talks with banks for a 5.4-billion-dollar loan for its British unit Corus, a report ...
- + Wall Street ends week with hope—[AAP] - Wall Street heads into next week with strong tailwind from recent days rally and brighter outlook as traders keenly await President Barack Oba...
- + Chamber supports compulsory acquisition—[ABC] - The Chamber of Minerals and Energy says the State Government s compulsory acquisition of land in the Kimberley for a gas processing hub will b...
- + India clears plane order for low-cost carriers—[AFP] - India s government has approved the multi-billion-dollar purchase of 46 new aircraft by three low-cost carriers SpiceJet, IndiGo and Jet Lite,...
- + Germany to lift growth forecast to 3.%: report—[AFP] - The German government will lift this year s growth forecast to 3.0 percent, up from the previous 1.4 percent, due a stronger than expected rec...
- + Swatch to create jobs in Switzerland—[AFP] - Swiss luxury watchmaker Swatch will create several hundred new jobs as it expands production to meet strong global demand, its chairman said i...
- + Afghans crowd scandal-hit bank to withdraw savings—[AFP] - Branches of Afghanistan s biggest private bank were crowded Saturday morning with government employees queuing to be paid and customers wantin...
- + BP spill costs hit 8 bln dlrs as crews unearth clues—[AFP] - British oil giant BP has spent eight billion dollars to battle the Gulf of Mexico disaster, the company has revealed as its crews retrieved ke...
- + US stocks soar after jobs report—[AAP] - US stocks closed higher on Friday after a much anticipated jobs report lifted hopes that the US economic recovery is on the right track.The Do...
- + Dollar slides after jobs report—[AAP] - The US dollar slid on Friday after a government report on jobs was not as bad as many market watchers had feared, helping assuage fears of ano...
- + Oil settles below $US75—[AAP] - Oil prices retreated on Friday after a closely watched US employment report threw cold water over future energy demand from the world s larges...
- + London investors hope rally is sustained—[AAP] - London stock market investors, savouring their best week in two months, are hoping to see the rally sustained by the performance of key indica...
- + Goldcorp bids for Andean Resources—[AAP] - Canadian mining firm Goldcorp says it has offered to buy Australia s Andean Resources for $C3.6 billion ($A3.74 billion).The second biggest Ca...
- + Obama promises more economic stimulus—[AAP] - President Barack Obama has promised a fresh slew of measures to boost the ailing US economy after fresh data showed unemployment was again on ...
- + Petrobras sells $US64 billion of stock—[AAP] - Brazil s Petrobras has unveiled one of the world s biggest share offerings, a sale of up to $US64 billion ($A70.3 billion) in new stock to fin...
- + European shares close higher—[AAP] - European share prices closed higher on Friday, with London s FTSE 100 index of leading shares up 1.06 per cent at 5,428.15 points.In Paris, th...
- + Wall Street surges after jobs report—[AAP] - Wall Street stocks soared on Friday as a much anticipated jobs report boosted hopes that the US economic recovery is on the right track.The Do...
- + New jobs numbers not enough: Obama—[AAP] - President Barack Obama says a new jobs report showing private sector growth in August is positive but more needs to be done for the economy.He...
- + US stocks extend rally after jobs report—[AAP] - US stocks extended their rally on Friday after a relatively encouraging report on the jobs market lifted hopes about the pace of economic grow...
- + US unemployment jumps to 9.6 per cent—[AAP] - US unemployment has jumped to 9.6 per cent in August, the Labor Department said on Friday, showing the recovering economy is still struggling ...
- + Govt red tape blamed for cheap housing group s demise—[ABC] - A developer is blaming a lack of support from the Tasmanian Government for the demise of the Government s affordable housing organisation.Tasm...
- + Petrobras sells 64 bln dlrs of stock to fund oil exploration—[AFP] - Brazil s Petrobras unveiled one of the world s biggest share offerings Friday, a sale of up to 64 billion dollars in new stock to finance oil ...
- + Obama promises more stimulus as unemployment edges up—[AFP] - President Barack Obama promised a fresh slew of measures to boost the ailing US economy Friday after fresh data showed unemployment was again ...
- + BP spill costs hit eight billion as crews unearth clues—[AFP] - British oil giant BP revealed Friday it has so far spent eight billion dollars to battle the Gulf of Mexico disaster, as its crews retrieved k...
- + Middle Is. Resources plans $12.5m IPO—[AAP] - Mineral explorer Middle Island Resources Ltd says it will pursue a $12.5 million initial public offer (IPO) later this year as it moves to dev...
- + Andean backs Goldcorp bid, snubs rival—[AAP] - Sydney-based gold explorer Andean Resources Ltd has agreed to be taken over by Goldcorp Inc, potentially thwarting a rival bid by fellow Canad...
- + Cougar shares slump again as CFO quits—[AAP] - Shares in beleaguered underground coal gasification (UCG) hopeful Cougar Energy Ltd sunk to a three-year low after its chief financial officer...
- + Airlines face multi-million payout to travel agents—[ABC] - Six international airlines including Qantas have lost a last-ditch legal bid over years of underpayments to travel agents and will soon be fac...
- + Shipping companies eye fabled Asia route as ice melts—[AFP] - Shipowners are showing growing interest in a fabled trade route to Asia which climate change is beginning to open up at last as polar ice rece...
- + Azerbaijan, Russia seal major gas deal, more to come—[AFP] - Azerbaijan will double gas exports to Russia in 2011 and increase them further from 2012, the countries said Friday in a move that could under...
- + $A flat ahead of US data—[AAP] - The Australian dollar closed little changed in contrast to volatile trading earlier in the week, with traders on the sidelines ahead of key US...
- + Spending cuts before 2011 could hurt recovery: IMF, ILO—[AFP] - The IMF and the UN labour agency are urging advanced economies not to cut government spending before 2011, warning that a move to tighten fisc...
- + Airlines lose travel agent commissions battle—[ABC] - Six international airlines including Qantas have lost a last-ditch legal bid over years of underpayments to travel agents and will soon be fac...
- + Shares subdued, Aristocrat falls on Wilkie s pokie plan—[ABC] - It was a cautious day s trade ahead of employment figures out in the US tonight, but the chance of increased poker machine regulation and vari...
- + Australia shares end firmer; banks slip, Andean soars—[Reuters Australia] - MARKETS-AUSTRALIA-STOCKS (UPDATE 4):Australia shares end firmer; banks slip, Andean soars
- + Clem7 bosses collect $1m in bonuses—[ABC] - Five executives of the company that operates Brisbane s Clem7 tunnel have received bonuses totalling more than $1 million despite the company ...
- + Sigma to defend possible legal action—[AAP] - Sigma Pharmaceuticals Ltd says it may be sued in a class action related to the generic drug maker s equity raising in September 2009. Sigma ad...
- + Nufarm likely to face class action—[AAP] - Agricultural chemicals supplier Nufarm Ltd is likely to face a class action from shareholders alleging it engaged in misleading conduct relati...
- + NQM takeover battle takes another twist—[AAP] - The takeover battle for North Queensland Metals Ltd (NQM) has taken another twist, with the recommended offer from Heemskirk Consolidated Ltd ...
- + Australia shares end firmer; banks slip, Andean soars—[Reuters Australia] - MARKETS-AUSTRALIA-STOCKS (UPDATE 4):Australia shares end firmer; banks slip, Andean soars
- + Qantas facing payback of commissions—[AAP] - Qantas Airways Ltd may be forced to pay back millions of dollars in commissions to travel agents after it failed in a bid to overturn a Federa...
- + Fortescue rejects Leucadia claims—[AAP] - Mining company Fortescue Metals Group Ltd has rejected a claim for damages from its third largest shareholder in relation to a 2006 loan agree...
- + NZ sharemarket rises for third straight—[AAP] - The New Zealand sharemarket rose for a third consecutive day, but trading was tentative ahead of the non-farm payroll report in the United Sta...
- + Business calls for carbon tax intensify—[AAP] - The head of property giant Lend Lease has called on business leaders to support the introduction of a price on carbon and an emissions trading...
- + Environmentalists say too much heavy industry in area as approval given to plant—[ABC] - A South West environment group says it is disappointed the Federal Government s has given environmental approval for a urea plant to be based ...
- + US mutual recognition a long way off—[AAP] - The corporate watchdog says moves to align Australia s stock exchange disclosure rules with those of the United States are still a long way of...
- + Hogan free to leave Australia—[ABC] - Paul Hogan has reached an agreement with the Australian Tax Office (ATO) that will allow the actor to return to the United States.The Crocodil...
- + Wind up order sought on Great South Land Minerals—[ABC] - Legal action has been launched against Tasmanian exploration company Great South Land Minerals over allegations it has failed to pay a contrac...
- + Cougar executive quits—[AAP] - The company secretary and chief financial officer of embattled gas developer Cougar Energy has resigned.Cougar is in talks with the Queensland...
- + Terramin continues acquisition search—[AAP] - Zinc miner Terramin Australia Ltd says it continues to hunt for acquisitions.Investor relations manager Ian McAleese told the Paydirt Africa D...
- + Rate rises: question is when, not if—[AAP] - Borrowers are likely to be spared an interest rate rise from the Reserve Bank of Australia (RBA) on Tuesday because of a series of mixed econo...
- + Qantas affirms its two-airline strategy—[AAP] - Qantas Airways says global operating conditions have rebounded from historic lows, but the aviation industry remains competitive, challenging ...
- + Nufarm faces class action for profit downgrade—[ABC] - A legal firm says it has been approached by shareholders of the agricultural chemicals group Nufarm, after the company halved its profit forec...
- + Andean shares soar on Eldorado t/o bid—[AAP] - Shares in Argentina-focused gold explorer Andean Resources Ltd soared after Canada s Eldorado Gold Corporation said it had proposed a merger o...
- + EU presses China on counterfeit goods—[AAP] - The European Union said it would press China on Friday to back up its words with action and do more to stem the flow of Chinese-made counterfe...
- + Sigma to defend possible legal action—[AAP] - Sigma Pharmaceuticals Ltd says it would defend vigorously any possible legal action over the generic drug marker s capital raising in 2009. Si...
- + Australia shares touch firmer; Sigma dips—[Reuters Australia] - MARKETS-AUSTRALIA-STOCKS (UPDATE 3):Australia shares touch firmer; Sigma dips
- + Heemskirk gives up NQM takeover plans—[AAP] - Conquest Mining Ltd is in the box seat to acquire North Queensland Metals Ltd (NQM) after a rival suitor gave up its bid.In the latest twist i...
- + Just Water shows $NZ17.7m loss—[AAP] - Just Water International Limited (JWI) has released unacceptable full year results showing a $NZ17.7 million ($A13.9 million) loss in consolid...
- + Fortescue hit by shareholder writ—[AAP] - Fortescue Metals Group has been hit by a writ from a major shareholder seeking to stop it issuing subordinated loan notes under an existing no...
- + Nufarm faces class action for profit downgrade—[ABC] - A legal firm says it has been approached by shareholders of the agricultural chemicals group Nufarm, after the company halved its profit forec...
- + Nufarm likely to face class action—[AAP] - Shareholders are likely to launch a class action against agricultural chemicals supplier Nufarm Ltd for allegedly misleading conduct relating ...
- + Windfall with high commodity prices—[ABC] - The Western Australian government is set to reap a windfall from continuing high commodity prices.Commodity prices remain stronger than foreca...
- + Qantas affirms its two-airline strategy—[AAP] - Qantas Airways says global operating conditions have rebounded from historic lows, but the aviation industry remains competitive, challenging ...
- + Telstra announces SouFun float—[ABC] - Telstra s Chinese online real estate subsidiary SouFun has filed for an initial public offering (IPO) with the United States Securities and Ex...
- + Australia shares open 0.4 percent higher—[Reuters Australia] - MARKETS-AUSTRALIA-STOCKS (UPDATE 1):Australia shares open 0.4 percent higher
- + Sluggish winter for services sector—[ABC] - Activity in Australia s services sector shrank for the fourth month in a row in August, with the uncertainty about a hung parliament and the f...
- + Compulsory acquisition divides Broome—[ABC] - The Government s decision to compulsorily acquire the land near Broome for a $30 billion gas precinct has polarised the town. Aboriginal and g...
- + Index reshuffle affects resource stocks—[AAP] - Companies within the energy and materials sectors make up over half the promotions and demotions resulting from the latest quarterly review of...
- + Telstra to sell SouFun stake in IPO—[AAP] - Telstra Corporation Ltd says it will sell its 50.5 per cent share in SouFun Holdings when the Chinese real estate website has an initial publi...
- + Services sector sluggish, stimulus wanes—[AAP] - Activity in the services sector was sluggish in August, rising slightly in the wake of the gradual withdrawal of fiscal stimulus, a report sho...
- + Most Go cards given away not yet used—[ABC] - The Queensland Government and the Opposition have opposite interpretations of a recent Go Card giveaway in the south-east.273,000 of the publi...
- + S&P s concerned about Nufarm s liquidity—[AAP] - Nufarm Ltd has been placed on credit watch by ratings agency Standard & Poor s on concerns about its rising debt and future profitability.Stan...
- + Accept Paladin bid, NGM tells investors—[AAP] - Minerals explorer NGM Resources Ltd has advised shareholders to accept a takeover bid from Paladin Energy Ltd, saying it will give them a stak...
- + Australia shares seen firmer on U.S. growth hopes—[Reuters Australia] - MARKETS-AUSTRALIA-STOCKS:Australia shares seen firmer on U.S. growth hopes
- + Forestry breaks silence on industry future—[ABC] - Forestry Tasmania has done nothing to quell speculation it s considering becoming a woodchip exporter when Gunns stops logging native forests....
- + Chinese, others look at Potash—[AAP] - Chinese and other investors have approached at least one big Canadian pension manager about a bid for Canada s Potash Corp to rival BHP Billit...
- + Councillor welcomes fast-tracking of housing development—[ABC] - A Sunshine Coast councillor says a possible plan by the Queensland Government to fast-track two major housing developments in the region is a ...
- + US stocks rise on home sales, jobless data—[ABC] - Wall Street extended yesterday s strong gains overnight, with some encouraging home sales figures and a fall in jobless claims boosting sentim...
- + ECB raises growth, inflation forecasts—[AAP] - The European Central Bank on Thursday raised its growth and inflation forecasts for the 16-nation eurozone, with the economy now expected to e...
- + Funds eye Potash bid—[AAP] - Alberta s public sector fund manager has been approached by sovereign wealth funds and other parties about participating in a possible takeove...
- + Bernanke says close unstable banks—[AAP] - Federal Reserve Chairman Ben Bernanke told a panel investigating the financial crisis that regulators must be ready to shutter the largest ins...
- + NZX only NZ company in Forbes top list—[AAP] - Forbes Magazine has picked a list of 200 best under a billion top-performing companies in Asia -- those worth under $US1 billion -- including ...
- + NZ to enter dairy futures trading—[AAP] - Significant price lifts in Fonterra s internet auction of commodity milkpowders have set the scene for the start of NZX trading in global dair...
- + Afghan govt declares bank safe amid run—[AAP] - Afghan financial authorities and the owners of Afghanistan s biggest bank have said Kabul Bank is in no danger of collapsing, as people across...
- + Cheeses the next naming rights battleground—[ABC] - Tasmanian cheesemakers are considering plans by the European Union to prevent the use of names like camembert, brie and fetta, because of thei...
- + Rio Tinto banking on Gillard sticking to tax promise—[ABC] - The head of Rio Tinto s Iron Ore division says he trusts Prime Minister Julia Gillard will stick to her promise of a 30 per cent mining tax de...
- + Burger King okays buyout as it struggles against rival—[AFP] - Burger King said Thursday it had accepted a four-billion-dollar takeover bid by a little known investment firm, as the fast food chain tries t...
- + HP outlasts Dell in bidding war for 3PAR—[AFP] - US computer giant Hewlett-Packard emerged the winner on Thursday in a bidding war with Dell for 3PAR after raising its offer for the data stor...
- + British house prices fall for second mon—[AAP] - British home prices fell for a second month running in August when they dropped 0.9 per cent compared with July, a key survey by home-loans pr...
- + Fortescue boss backs taxation summit—[ABC] - Fortescue Metals Group chief executive Andrew Forrest has met with key independent MP Rob Oakeshott this afternoon and says they have agreed o...
- + Ailing tunnel project takes toll on investors—[ABC] - Investors in Australia s latest ailing toll road project have turned their attention to legal action over grossly over-estimated traffic forec...
- + Afghan govt declares bank safe amid rush for withdrawals—[AFP] - Afghan financial authorities and the owners of Afghanistan s biggest bank said Thursday that Kabul Bank was in no danger of collapsing, as peo...
- + Smaller trade surplus impresses experts—[AAP] - The $1.9 billion monthly trade surplus for July is impressive, even though it was well short of expectations and the record $3.4 billion poste...
- + Russia to retain grain export ban until 2011 harvest: Putin—[AFP] - Prime Minister Vladimir Putin said Thursday that Russia would not lift a ban on grain exports before next year s harvest, extending the major ...
- + EU reaches deal on cross-border financial supervisors—[AFP] - Europe took a big step closer on Thursday to its goal of creating cross-border financial supervisors, reaching a crucial milestone in efforts ...
- + ABC founder Eddy Groves to sue broker—[AAP] - Eddy Groves, the founder and director of collapses childcare group ABC Learning Centres Ltd, is seeking to sue listed share broker Austock Gro...
- + Big corps turn overseas for funds—[AAP] - EDS reissuing to adjust take keyBy Alison BellMELBOURNE, Sept 2 AAP - Big Australian corporates are increasingly turning to global banks and b...
- + Air France mulls low-cost option: sources—[AFP] - Air France-KLM is considering setting up a low-cost domestic carrier to meet intense competition in the French market from budget rivals, comp...
- + German bank votes to exclude Sarrazin—[AAP] - The German central bank has voted to seek the dismissal of board member Thilo Sarrazin, the Berliner Zeitung newspaper reported on Thursday, f...
- + Woodside says Browse LNG on track—[AAP] - Woodside Petroleum Ltd says its Browse liquefied natural gas (LNG) development is on track to complete a $1.25 billion work program by mid-201...
- + Origin part of geothermal consortium—[AAP] - Origin Energy Ltd says a consortium it belongs to has won a geothermal exploration concession in Indonesia.Origin says it will hold a 47.5 per...
- + Metcash chairman goes, CEO to go in 3yrs—[AAP] - Metcash Ltd has farewelled its chairman of 12 years and flagged the retirement of the chief executive as the grocery and liquor wholesaler for...
- + Aussie companies named in Forbes list—[AAP] - Thirteen Australian companies have been named as part of Forbes Magazine s best under a billion list of top-performing companies worth under $...
- + US pending home sales bounce back—[AFP] - US pending home sales rose dramatically in July, a trade group said Thursday, promising a much-needed boost to the sluggish housing market.The...
- + HP tops Dell with new bid for 3PAR—[AFP] - US computer giant Dell dropped out of the bidding for 3PAR on Thursday after Hewlett-Packard raised its offer for the data storage company to ...
- + Coffey reviews structure—[AAP] - Coffey International Ltd says it will hire two new executives to replace outgoing group executive operations Debbie Goodin, whose role will be...
- + Boeing eyes 700-billion-dollar North American plane market—[AFP] - Aircraft sales in North America will reach 700 billion dollars over the next 20 years as airlines modernize their fleets, aerospace giant Boei...
- + Australia shares rise 0.8 pct; miners, banks lead—[Reuters Australia] - MARKETS-AUSTRALIA-STOCKS (UPDATE 4):Australia shares rise 0.8 pct; miners, banks lead
- + Big corps turn overseas for funds—[AAP] - Big Australian corporates are increasingly turning to global banks and bond markets to fund their offshore expansion because local banks lack ...
- + Local shares climb on Wall St surge—[ABC] - Local shares have backed up a 2 per cent jump yesterday with a 0.8 per cent rise, after Wall St surged last night.The Dow Jones Industrial Ave...
- + Calzada confident of Avexa board change—[AAP] - The major shareholder of Avexa Ltd is confident of removing the drug developer s board.Calzada Ltd, which holds a stake of about 16.5 per cent...
- + Rio Tinto opens Brockman 4—[AAP] - Rio Tinto Ltd has officially opened its $US1.5 billion ($A1.65 billion) Brockman 4 iron ore mine in Western Australia s Pilbara region.Brockma...
- + Coles to provide growth opportunities—[AAP] - Coles will continue to provide Wesfarmers Ltd with opportunities for growth while the conglomerate looks to lift its return to shareholders.We...
- + SME credit demand falls sharply in June—[AAP] - Credit demand by Australia s small business sector fell sharply in June, with demand for asset finance plunging 21 per cent.Veda Advantage s c...
- + AGL Mosaic merger given expert approval—[AAP] - Oil and gas explorer Mosaic Oil NL says it has received an independent expert s report that supports the takeover offer made by AGL Energy Ltd...
- + Cougar shares plunge on talk of collapse—[AAP] - Shares in Cougar Energy plunged to their lowest in more than three years amidst talk of collapse as the company resumed trading on the stock e...
- + Govt action needed to end bank stranglehold—[ABC] - Consumer groups say the Commonwealth Bank s record $5.7 billion profit is evidence the Federal Government needs to step in to improve competit...
- + Australia shares rise 0.8 pct; miners, banks lead—[Reuters Australia] - MARKETS-AUSTRALIA-STOCKS (UPDATE 3):Australia shares rise 0.8 pct; miners, banks lead
- + Wesfarmers boss describes worst call—[ABC] - The head of Wesfarmers has described the phone call alerting him to a death at one of the company s mines as the worst call a chief executive ...
- + Fairfax appoints two new directors—[AAP] - Fairfax Media Ltd says it has completed the process of board renewal following the appointment of two new directors with media experience.A fo...
- + Rio moving ahead with expansion plans—[ABC] - Rio Tinto iron ore boss Sam Walsh has officially opened the company s Brockman 4 site in the Pilbara.Production at the mine, about 60 kilometr...
- + Atlas expansion plans boosted by study—[AAP] - Atlas Iron Ltd s expansion plans have been given a boost after it announced positive pre-feasibility study results for a centralised processin...
- + Gas hub land to be compulsorily acquired—[ABC] - The State Government has started the process to compulsorily acquire land in the Kimberley for the development of a $30 billion gas precinct.T...
- + Global crisis drives investors to forex—[AAP] - The global economic crisis has driven investors to the forex markets where turnover has soared to a staggering $US4 trillion ($A4.4 trillion) ...
- + Kabul Bank braces for run on deposits—[AAP] - Managers of Afghanistan s largest bank braced for a run on deposits on Thursday, a day after nervous customers showed up in droves to take out...
- + Number of job vacancies unchanged in Aug—[AAP] - The number of jobs on offer nationwide was unchanged in August following a surge in July, after retail sector hiring stalled and offset a heft...
- + Shares gain again on Wall St rally—[ABC] - Local shares are extending yesterday s 2 per cent rally, with a gain of about 0.5 per cent by mid-afternoon.The All Ordinaries Index was up 25...
- + US manufacturing grows—[AAP] - Manufacturing companies grew faster in August as the industrial sector continues to lead the recovery, and managers desire to hire shot up to ...
- + US stocks rise on strong China data—[AAP] - US stocks opened with gains on Wednesday as strong Chinese manufacturing data offered hopes of a strengthening global economy, overshadowing a...
- + Handling of Kingaroy contamination scare disappointing—[ABC] - A global energy company says it is disappointed in the Queensland Government s handling of a contamination scare at its Kingaroy project.Couga...
- + Govt faces power price pressure—The State Government is under pressure to use its budget surplus to reduce the impact of rising electricity prices.
- + Economy sprints ahead in June quarter—The Australian economy grew at its fastest pace in three years in the June quarter.
- + & #36;A jumps after the release of GDP data—The Australian dollar jumped after a report that showed Australian real gross domestic product (GDP) rose by 1.2 per cent in the June quarter.
- + Lift for Tas housing industry—There is a further indication of steady growth this year for Tasmania's housing industry.
- + Economic growth smashes forecasts—Australia's economic growth has passed all but the most optimistic forecasts, with the economy expanding 3.3 per cent over the last financial year.
- + MP's invited to address Parliament about privatisation concerns—Queensland Opposition Leader John-Paul Langbroek is trying to use parliamentary tactics to expose Government divisions on privatisation.
- + GDP rose 1.2 per cent in Jun qtr—Australian real gross domestic product (GDP) rose by a seasonally adjusted 1.2 per cent in the June quarter, the Australian Bureau of Statistics said.
- + QBE denies it & #39;s searching for new CEO—QBE Insurance Group says chief executive Frank O & #39;Halloran is to remain in the position, and dismissed reports it is searching for a new boss.
- + Buccaneer Energy Limited (ASX:BCC) Alexander #1 Well Successfully Spudded at The Lee County Project—Sydney, Australia, Sep 1, 2010 - (ABN Newswire) - Buccaneer Energy Limited (ASX:BCC) (PINK:BCGYF) is pleased to announce that the Alexander # 1 well ...
- + Crash closes section of Kwinana freeway—Police in Perth are warning motorists that a section of the Kwinana freeway has been closed until further notice while investigations are continuing i...
- + Qld housing and construction 'in trouble'—A property development group says new housing approval figures for July show the building and construction industry is in trouble in Queensland.
- + Australia shares rally 1.0 pct on hopes for solid GDP—MELBOURNE, Sept 1 (Reuters) - Australian stocks rallied 1.0 percent on Wednesday, shrugging off a flat lead from Wall Street, as investors focused on ...
- + Nufarm maintains profit guidance—Agricultural chemicals supplier Nufarm maintains annual profit guidance but says net debt will be higher than an earlier estimate.
- + Shares rise ahead of GDP figures—Investor optimism about economic growth figures to be released at 11:30am (AEST) is helping to boost the local share market.
- + China auto sales rebound to grow 56% Aug—[AAP] - Auto sales in China, the world s biggest car market, rebounded in August as subsidies for energy-efficient vehicles and a stronger currency sp...
- + Seaplane plan for Hobart—[ABC] - Proposals for a seaplane service and hotel development in Hobart s waterfront precinct are being considered by the Sullivans Cove Waterfront A...
- + Australian organ tourists drive sinister trade—[ABC] - Australians are helping fuel a predatory international transplant trade by travelling overseas to buy organs illegally. The Transplantation So...
- + Train drivers' dispute heads to mediation—The Public Transport Authority and the rail union will head back to the state Industrial Relations Commission today as they attempt to resolve a dispu...
- + Obama says economy top proirity—US President Barack Obama says his & quot;most urgent task & quot; is to restore the American economy and get the unemployed back to work.
- + Coalspur Mines Limited (ASX:CPL) Commenced Vista South Coal Project Drilling—Perth, Australia, Sep 1, 2010 - (ABN Newswire) - Coalspur Mines Limited (ASX:CPL) (PINK:CSPZF) ( & quot;Coalspur & quot; or & quot;Company & quot;) ...
- + Atlas Iron Limited (ASX:AGO) Lays Foundations For Future Growth: North Pilbara Reserves Increase 50%—Perth, Australia, Sep 1, 2010 - (ABN Newswire) - Atlas Iron Limited (ASX:AGO) is pleased to announce a 50% increase in Reserves for its northern Pilb...
- + Cougar teeters amid financing probs—[AAP] - The energy company at the centre of a water contamination scare in Queensland says it s uncertain whether it can continue as a going concern e...
- + Bligh cops criticism over public transport plan—The Queensland Government has come under fire from experts and the state's Opposition over its 20-year plan for a world-class public transport system.
- + Coote posts & #36;125m annual loss—Coote Industrial posts a & #36;124.6 million annual loss due to significant writedowns on its assets.
- + Election uncertainty hurts manufacturing—The pace of growth in Australia's manufacturing industry slowed in August, with the ambiguity related to the federal election affecting demand in the ...
- + Manufacturing growth slows in Aug—Activity in the manufacturing sector expanded at a slower pace in August due to significantly slower growth in production and new orders, a survey sho...
- + Murdoch & #39;s pay falls 6% in FY10—News Corp CEO Rupert Murdoch & #39;s total compensation fell six per cent in fiscal 2010, even though the company grew profits.
- + Few signs of NZ property market pick up—Few signs showed up in August that the usual spring pick-up in the NZ property market was under way, a monthly survey of the industry says.
- + Barnett tipped to seize gas hub land—The Premier Colin Barnett is expected to announce, as early as today, the compulsory acquisition of the land for the site of the Kimberley gas precinc...
- + Australia shares seen firmer; eyes on GDP data—Economic figures pointing to solid growth in the second quarter -- seen at 0.9 percent -- are expected to underpin sentiment, following stronger-than-...
- + Kiwibank finds new boss inside own ranks—The new boss of Kiwibank has been found within the state-owned company & #39;s own ranks - Paul Brock.
- + Sacked chef fights dismissal—The owners of a Hobart restaurant are fighting claims they underpaid and unfairly sacked an Indian chef on a working visa.
- + US approves Chinese firm's stake in Morgan Stanley—WASHINGTON (AFP) - The US Federal Reserve on Tuesday approved China Investment Corporation's bid to buy up to a 10 percent voting stake in investment ...
- + US auto sales plummet in August—[AFP] - The embattled US car industry recorded one of its worst months as giants General Motors, Ford and Toyota reported Wednesday a big drop in Amer...
- + PNG crash airline had Australian ban overturned—[ABC] - The Civil Aviation Safety Authority (CASA) says it has had serious concerns about the Australian operations of the company involved in Tuesday...
- + Potential new bidder for NQM—[AAP] - Takeover target North Queensland Metals Ltd (NQM) says it has received an unsolicited approach from a third party that could lead to a superio...
- + MFS King labels JPMorgan pretenders—[AAP] - The co-founder and former chief executive of the failed Octaviar Ltd, Michael King, described JP Morgan as pretenders and weak as piss after t...
- + Apple unveils new iPods—[AFP] - Apple chief executive Steve Jobs unveiled a refreshed line of iPod media players on Wednesday including a new iPod Touch which allows for vide...
- + $A activity up 12% since 2007—[AAP] - Activity in Australia s currency market increased by 12 per cent in the three years to April 2010, the Reserve Bank of Australia (RBA) says.In...
- + James Hardie loses back tax appeal—[AAP] - James Hardie Industries SE has lost its dispute over a tax office assessment, arising from the reorganisation of its businesses in 1998, that ...
- + RBA commodity price index rises 2.7%—[AAP] - Commodity prices posted their 13th consecutive monthly rise in August, driven by price increases in iron ore and coal.The prices of wheat and ...
- + Ministers plan world finance tax—[AFP] - Sixty countries will propose a tax on international financial transactions which could raise 40 billion euros (50 billion dollars) a year to s...
- + Nufarm shares dip on more bad news—[AAP] - Nufarm Ltd has maintained its annual profit guidance but says net debt will be higher than previously estimated, in another breach of its fina...
- + Australia shares climb on China relief, Australia GDP—[Reuters Australia] - MARKETS-AUSTRALIA-STOCKS (UPDATE 5):Australia shares climb on China relief, Australia GDP
- + Bendigo announces on market buy-back—[AAP] - Bendigo and Adelaide Bank Ltd will buy back up to 3.4 million shares on market as it moves to manage its capital base more efficiently.Bendigo...
- + Gold One keeps focus on mine ramp up—[AAP] - South Africa-focussed gold miner Gold One International Ltd says it expects to eventually expand production at its Modder East project near Jo...
- + GDP jump drives market 2pc higher—[ABC] - The Australian share market has hit a three-week high, gaining 2 per cent after a boost from the release of better-than-expected GDP figures.T...
- + World goods trade up sharply: WTO—[AFP] - The value of world merchandise trade rose by just over 25 percent in the second quarter, maintaining the momentum from the first three months ...
- + Rising wheat prices trigger big spike in food costs: FAO—[AFP] - Rising wheat prices caused the biggest monthly spike in food prices in August since November 2009, the United Nations Food and Agriculture Org...
- + Gulf banks recovering despite bad debts, investments agency—[AFP] - Gulf banks have spent more than 20 billion dollars on provisions for bad debt and lost investments but are showing signs of returning to high ...
- + Ryanair dethrones Iberia in Spain: airline—[AFP] - Irish low-cost airline Ryanair said Wednesday it had overtaken Spanish flag carrier Iberia as the largest airline in Spain in terms of the num...
- + South Africa rejects Oz-style mining tax—[AAP] - South Africa s mines minister has ruled a new mining tax in that nation, pointing to the political strife generated by a similar proposal in A...
- + Economic growth smashes forecasts—[ABC] - Australia s economic growth has passed all but the most optimistic forecasts, with the economy expanding 3.3 per cent over the past financial ...
- + Australian miners flock to Africa—[AAP] - Investment by Australian companies in Africa s resources sector has grown to an estimated $20 billion, as confidence in the continent s future...
- + Australia shares jump 2.1 pct on China, Australia growth—[Reuters Australia] - MARKETS-AUSTRALIA-STOCKS (UPDATE 4):Australia shares jump 2.1 pct on China, Australia growth
- + InterGrain collaborates with Monsanto—[AAP] - West Australian cereal breeder InterGrain Pty Ltd has partnered with global grains developer Monsanto to develop tougher, higher-yielding type...
- + GDP strong, but rate rise threatens—[AAP] - The Australian economy grew at its fastest quarterly pace in three years on the back of surging household consumption and strong commodity pri...
- + Lazard sells Dun & Bradstreet for $233m—[AAP] - Lazard Pty Ltd s private equity arm has pocketed $233 million from a surprise sale of Dun & Bradstreet Australia Holdings Ltd (DBA), ditching ...
- + Aussies shop, eating out, saving less—[AAP] - Australians have returned to the shops and are eating out more - but saving less.Economists say the turnaround in behaviour - from the dark da...
- + Apple to unveil latest goodies—[AAP] - Gadget lovers were dreaming of iPods, iPads and bargain-rate Internet television Wednesday as Apple prepared to unveil its latest creations at...
- + Hardie loses appeal, faces $370m tax bill—[ABC] - James Hardie has lost an appeal against the Australian Tax Office, meaning it could be forced to pay about $370 million in tax liabilities. Th...
- + Uranium companies at odds on recording devices—[ABC] - A company involved in developing a uranium mine near Beverley in the far north-east of South Australia has lost an attempt to record confident...
- + James Hardie in trading halt—[AAP] - James Hardie Industries SE has gone into a trading halt pending a decision by the Federal Court regarding the company s appeal against an amen...
- + Greenpeace blocks Greenland drilling—Greenpeace activists have climbed an oil rig off western Greenland, triggering and automatic shutdown of drilling.
- + European markets post modest gains—European markets post modest gains, London up 0.45 per cent
- + Anglo Irish Bank losses hit record level in first half—DUBLIN (AFP) - Bailed out Anglo Irish Bank on Tuesday reported the biggest first-half loss in Irish corporate history, hit by soaring bad debt and a w...
- + Oil slips on US recovery fears—LONDON (AFP) - World oil prices fell under 74 dollars on Tuesday as investors fretted about a faltering US economic recovery ahead of key employment d...
- + Europe targets commodities derivatives trade—BRUSSELS (AFP) - Europe warned on Tuesday of moves to rein in commodity derivatives trading under a French-led drive to tame price distortions for raw...
- + Russia grows 4% as economy recovers from crisis—MOSCOW (AFP) - Russia's economy grew 4.0 percent in the first half of the year, continuing its recovery from the global crisis, but this was slightly ...
- + Carrefour rings up first half net profit—PARIS (AFP) - French retail giant Carrefour rebounded into profitability in the first of the year, posting Tuesday a net profit of 82 million euros (1...
- + S.African strikers mull offer but walkout continues—JOHANNESBURG (AFP) - Striking South African public service unions were mulling an improved wage offer from the government on Tuesday but remained on a...
- + Asian markets slip, yen rises on weak US data—HONG KONG (AFP) - Japan's multi-billion-dollar plans to boost its economy and rein in the yen were shrugged off Tuesday as a fresh set of poor data ou...
- + Euro unemployment rate stuck at 10%: EU—BRUSSELS (AFP) - The unemployment rate across the 16 countries which share the euro stuck at a record 10 percent in July for the fifth month running, ...
- + Mazda Publishes Sustainability Report 2010 and Annual Report 2010—Tokyo, Aug 31, 2010 - (JCN Newswire) - Mazda Motor Corporation today issued the Mazda Sustainability Report 2010 in Japanese. It outlines Mazda's corp...
- + Keneally agrees to review green slip fees—The New South Wales Government has agreed to review the price of motorcycle green slips after a loud protest outside State Parliament today.
- + Eurozone inflation eases in August—Official figures show that inflation in the 16 countries that use the euro fell in August.
- + Fujitsu Releases Production Planning Software for Manufacturing Industry—Tokyo, Aug 31, 2010 - (JCN Newswire) - Fujitsu today announced the availability of a software package for the manufacturing industry, including manufa...
- + German official unemployment rate stable at 7.6%—FRANKFURT (AFP) - The German unemployment rate was stable in August at 7.
- + Hong Kong stocks slip on recovery fears—Hong Kong stocks slipped on Tuesday as concerns over the state of the global recovery were stoked by poor consumer data from the US and a slump in Tok...
- + Mutuals mortgage books grow 10%—Credit unions and building societies & #39; efforts to grow their home loan books paid off handsomely in 2010, but their growth rates still trail thos...
- + Octaviar founder & #39;ballistic & #39; at CVC head—The co-founder of the failed Octaviar went & quot;ballistic & quot; at the Australian head of CVC Asia Pacific, a court has heard.
- + Fat Fund liquidates most of portfolio—Fat Prophets Australia Fund has liquidated the majority of its portfolio, which is now held in cash, the manager of the fund Merricks Capital says.
- + Swan upbeat on Australian economy—A RBA official says a double-dip global recession is a risk but Treasurer Wayne Swan says the economy can face these challenges from a position of str...
- + S.Africa public service wage offer fails to end strike—JOHANNESBURG (AFP) - South African civil servants were to consider an improved wage offer from the government but remained on strike Tuesday, officia...
- + Japan Airlines to cut 16,000 jobs—Struggling Japan Airlines has announced details of a rehabilitation plan that will see the group cut more than 16,000 positions by the end of fiscal 2...
- + Premier unveils public transport plan—Premier Anna Bligh has outlined a 20-year plan for public transport in south-east Queensland.
- + CBA now bigger business lender than NAB—CBA has overtaken NAB as Australia & #39;s biggest business lender, but NAB is no longer the sector & #39;s laggard for business customer satisfaction...
- + Japanese shares plunge to 16-month low—TOKYO (AFP) - Tokyo shares plunged 3.55 percent Tuesday, hitting a fresh 16-month low as worries over a persistently strong yen hit exporters, brokers...
- + UC RUSAL Announces 2010 First Half Results—Moscow, Aug 31, 2010 - (ACN Newswire) - UC RUSAL Plc (SEHK: 0486, EuroNext: RUSAL/RUAL), the world's largest aluminium producer, announces its results...
- + Energy World Corp back in the black—Integrated power company Energy World Corporation has returned to profitability but its current liabilities have more than doubled.
- + Stockland denies pressuring shareholders—Takeover target Aevum Ltd says shareholders have complained of feeling pressured to sell their shares after receiving phone calls from Stocklands.
- + Australia posts smallest deficit in 8 years—Australia has recorded its smallest current account deficit since the first quarter of 2002, as commodity exports boost earnings.
- + European stocks plunge at open—Europe & #39;s main stock markets dived at the start of trading on Tuesday, following heavy overnight losses in New York.
- + Southern Cross Media posts & #36;82.7m loss—Southern Cross Media Group records an & #36;82.7 million annual loss and says it is cautiously optimistic about the current financial year.
- + Unilife loss up 5654% in FY10—Unilife Medical Solutions posts 5,654 per cent increase in its full-year loss due to a drop in revenue and costs with the company & #39;s move to the ...
- + NZ building consents slump—The seasonally adjusted number of new houses authorised in July, excluding apartments, slumps 5.3 per cent, Statistics NZ says.
- + NZ Treasury bails out SCF with & #36;1.6b—The NZ Treasury has already paid the South Canterbury Finance trustees & #36;NZ1.6 billion ( & #36;A1.27 billion) in a taxpayer bail-out of the belea...
- + Poor risk assessment led to crisis: RBA—Poor risk assessment was a key element of the financial crisis, a senior Reserve Bank of Australia (RBA) employee says.
- + Fagg steps down as ANZ National boss—Jenny Fagg is to step down as chief executive of ANZ National Bank in NZ, and will undergo treatment for cancer.
- + HP to pay & #36;A61m to settle fraud claim—Hewlett-Packard has agreed to pay & #36;A61 million to settle claims the US computer giant defrauded the US government.
- + Obama fails to ease market jitters—US president Barack Obama has tried to calm jittery markets by promising new measures to keep the US economy moving.
- + Australia shares seen lower on global growth worries—Wall Street gave a weak lead, dropping around 1.5 percent in the year's lightest volume as investors awaited U.S. jobs and manufacturing data due late...
- + Obama to Congress - Pass business bill!—President Obama exhorts Congress to make passing a long-languishing small business aid package its first order of business when it returns next month.
- + Fund distrust drives trader numbers up—Deepening distrust toward funds managers in the aftermath of the GFC helped drive an 8.3 per cent jump in the number of online share traders to a reco...
- + NZ construction sector at & #39;precipice & #39;—The non-residential construction sector in NZ is at & quot;the precipice of a collapse & quot;, the NZ Institute of Economic Research warns.
- + Australia & amp; NZ dlrs slips vs yen, cautious on risk—WELLINGTON, Aug 31 (Reuters) - The Australian and New Zealand dollars slipped against the yen on Tuesday as Japan's latest move failed to contain its ...
- + Power shock: price rise on the way—Low income earners are expected to bear the brunt of further power price hikes in Tasmania.
- + Intel buying chipmaker & #39;s wireless unit—Intel Corp is buying the wireless communications unit of Germany & #39;s Infineon Technologies AG for & #36;US1.4 billion ( & #36;A1.55 billion) in c...
- + Americans spend more as economy limps—Americans are spending a little more, but hardly enough to rejuvenate the weakening economy, data shows.
- + Income data sends Wall Street lower—Further signs of a slowdown in the US economic recovery emerged overnight, with personal income figures falling below market estimates.
- + Katter calls for investigation into Cairns Airport delays—The independent Member for Kennedy, Bob Katter, is calling for an immediate investigation into lengthy delays at the Cairns Airport.
- + US farm produces massive emerald—US farm produces emerald shaped into massive gem
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