Iceland cuts key rate to 15.5 as crisis recedes
REYKJAVIK AFP - Iceland slashed its key interest rate by 1.5 points to 15. ...
Wed 8th April 2009 - 10:58pm
ArcelorMittal hardens steel output cuts in Europe
LUXEMBOURG AFP - ArcelorMittal steel announced on Wednesday that it would continue to suspend production in Europe- and a union official said this meant the group would slash the output by more than half. ...
Wed 8th April 2009 - 10:43pm
Turkeys industrial output plummets- economy slows
ANKARA AFP - Turkeys industrial output plunged by a record 23. ...
Wed 8th April 2009 - 10:26pm
World stock markets slide further
LONDON AFP - Asian and European equities fell sharply again on Wednesday after overnight losses on Wall Street- where worries about the earnings season were underscored by a huge loss at US aluminium giant Alcoa. ...
Wed 8th April 2009 - 10:16pm
Banks fail to fully pass on rate cuts
Four large lenders have matched the Commonwealth Bank in passing on less than half Tuesday's official cut to interest rates. ...
Wed 8th April 2009 - 08:54pm
Event Risk Has A Limited Impact On FX Price Action Forex Video
Wednesday event risk offers elicits little response from price action. Should we expect anything different for tomorrowStories To Watch on DailyFX- The pound is teetering on the edge of ...
Wed 8th April 2009 - 08:26pm
Despite Quiet Markets- Tight Congestion Necessitates A Quick USDJPY Range
Congestion is a common site across the dollar-denominated majors. With economic calendars thinning out- wide swings in risk trends ebbing and a market holiday for much of the western world on Friday ...
Wed 8th April 2009 - 08:19pm
ConsMedia cuts board size by almost half
James Packer's Consolidated Media Holdings Ltd has undertaken a major restructuring of its board- cutting the number of directors by almost half. ...
Wed 8th April 2009 - 07:40pm
Banks fail to fully pass on rate cuts
Four large lenders have matched the Commonwealth Bank in passing on less than half of Tuesday's official cut to interest rates. ...
Wed 8th April 2009 - 07:39pm
China's Fortescue control push blamed
Fortescue Metals Group has told a court Chinese parties shifted the goalposts of agreements- demanding to take control of the iron ore miner. ...
Wed 8th April 2009 - 07:32pm
Oil prices drop before US energy report
LONDON AFP - Oil prices fell on Wednesday- in line with weaker global stock markets- ahead of a US energy inventories report which could highlight weak demand in the depressed US economy- traders said. ...
Wed 8th April 2009 - 07:28pm
Banking cartel slammed for pocketing cut
The big banks are accused of acting like a cartel after not passing on the Reserve Banks interest rate cut in full. ...
Wed 8th April 2009 - 07:26pm
BrisConnections rescue talks reach stalemate
The Macquarie and Deutsche banks and other parties have been unable to reach agreement on a way to help retail investors who owe millions of dollars to BrisConnections. ...
Wed 8th April 2009 - 07:24pm
Childhood obesity- grocery chief puts faith in youth
People should not underestimate childrens ability to pick healthy foods- Australias Food and Grocery Council AFGC chief Kate Carnell said today. ...
Wed 8th April 2009 - 07:18pm
Banks fail to fully pass on rate cuts
Four large lenders have matched the Commonwealth Bank in passing on less than half of Tuesday's official cut to interest rates. ...
Wed 8th April 2009 - 06:56pm
China's Fortescue control push blamed
Fortescue Metals Group Ltd claims Chinese parties shifted the goalposts of so-called binding agreements- demanding to take control of the iron ore miner. ...
Wed 8th April 2009 - 06:48pm
Perth BankWest workers protest
Members of the union representing BankWest workers have marched on the banks headquarters in Perth to protest against recent job cuts.Last week- BankWest announced that it would cut 250 jobs in Weste ...
Wed 8th April 2009 - 06:46pm
TCCI says broadband boost could make Tas a world leader
The Tasmanian Chamber of Commerce and Industry has welcomed the states leading role in plans for a national broadband network. ...
Wed 8th April 2009 - 06:40pm
Packer's Consolidated Media cuts board
James Packer's Consolidated Media Holdings Ltd has reduced the size of its board and cut the fees it pays to its non-executive directors. ...
Wed 8th April 2009 - 06:32pm
Gryphon doubles Banfora gold resource
Gryphon Minerals plans to start mining development studies in August at its Banfora gold project in west Africa- after doubling its estimate of the resource. ...
Wed 8th April 2009 - 06:30pm
Key BrisConnections shareholder in plea
A major shareholder in developer BrisConnections has pleaded with unit holders not to wind up the company. ...
Wed 8th April 2009 - 06:24pm
New Brisbane-LA flights an economic boost- Beattie
Queenslands trade commissioner to the Americas says a second airline flying direct from Brisbane to Los Angeles will provide the state with an economic boost. ...
Wed 8th April 2009 - 06:20pm
Packer's Consolidated Media cuts board
James Packer's Consolidated Media Holdings Ltd has reduced the size of its board and cut the fees it pays to its non-executive directors. ...
Wed 8th April 2009 - 05:54pm
Slow credit growth to cut banks' profits
Slowing credit growth is set to crimp the profits of the big banks- despite their moves to re-price business lending in order to subsidise mortgage margins. ...
Wed 8th April 2009 - 05:52pm
Banks drag market lower
The Australian share market has closed lower for a second day in a row. ...
Wed 8th April 2009 - 05:50pm
Pernod Ricard announces one-bln-euro capital issue
PARIS- AFP - Global drink giant Pernod Ricard announced that it would launch an operation to raise one billion euros of capital as soon as possible to reduce debt. ...
Wed 8th April 2009 - 05:46pm
Banks drag market lower
The Australian share market has closed lower for a second day in a row. ...
Wed 8th April 2009 - 05:31pm
Grocery body calls for policy framework
Australia's peak food and grocery lobby group has called on the federal government to develop a national policy framework for the grocery industry. ...
Wed 8th April 2009 - 05:27pm
Aussie dlr lower on fresh econ worry bonds gain
SYDNEY- April 8 - The Australian dollar extended its retreat on Wednesday as growing concern that the upcoming U.S. company reporting season will be a gloomy one hit risk appetite- driving funds out of higher-yielding currencies. ...
Wed 8th April 2009 - 05:26pm
St George cuts home rate by 10 points
St George Bank has cut its standard variable home loan interest rates by 10 basis points. ...
Wed 8th April 2009 - 05:25pm
UK firm among likely Tas TOTE bidders
The planned privatisation of Tasmania's state-owned betting agency is expected to catch the eyes of domestic and international gambling operators. ...
Wed 8th April 2009 - 05:24pm
Rio share dip 'due to media speculation'
Rio has blamed media speculation for its falling share price- after the stock exchange demanded an explanation for the fall of almost 12 per cent since April 3. ...
Wed 8th April 2009 - 05:21pm
AOFM expects to raise $9b from bonds
The proposed sale of infrastructure bonds to help fund the federal government's national broadband network NBN could reap up to $9 billion. ...
Wed 8th April 2009 - 05:19pm
China's Fortescue control push blamed
Fortescue Metals Group Ltd claims Chinese parties shifted the goalposts of so-called binding agreements- demanding to take control of the iron ore miner. ...
Wed 8th April 2009 - 05:19pm
UK firm among likely Tas TOTE bidders
The planned privatisation of Tasmania's state-owned betting agency is expected to catch the eyes of domestic and international gambling operators. ...
Wed 8th April 2009 - 05:15pm
QBE sees premium rates rising by 4
QBE Insurance Group says it will be pleased if it can maintain or increase profits this year in the face of declining financial markets and a difficult economy. ...
Wed 8th April 2009 - 05:14pm
Australia shares fall 2.3 pct banks lead way down
MELBOURNE- April 8 - Australian stocks fell 2.3 percent on Wednesday- led by the top banks after weak domestic housing data and a shaky start to the U.S. earnings season saw doubts return on the prospects for an economic recovery. ...
Wed 8th April 2009 - 05:10pm
Grocery body calls for policy framework
Australia's peak food and grocery lobby group has called on the federal government to develop a national policy framework for the grocery industry. ...
Wed 8th April 2009 - 04:40pm
Banks defy rate cut pleas
All four big banks are refusing to deliver the entire official interest rate cut to home loan borrowers- despite the Federal Governments demands to do so. ...
Wed 8th April 2009 - 04:39pm
Ten Network majority stakeholder facing collapse
The majority stakeholder in Network Ten has become the latest company to fall prey to the global economic downturn. ...
Wed 8th April 2009 - 04:36pm
Spending over Easter expected to fall
Consumer spending is forecast to fall this Easter as families opt for simpler celebrations during the holiday because of the difficult economic climate. ...
Wed 8th April 2009 - 04:27pm
Consumer sentiment up 8.3 in April
Consumer confidence surged for the first time in four months in April as equity markets rebounded and cash payments to taxpayers boosted sentiment. ...
Wed 8th April 2009 - 04:23pm
Rio share dip 'due to media speculation'
Rio has blamed media speculation for its falling share price- after the stock exchange demanded an explanation for the fall of almost 12 per cent since April 3. ...
Wed 8th April 2009 - 04:22pm
Australia shares close 2.3 pct lower banks lead
MELBOURNE- April 8 - Australian stocks fell 2.3 percent on Wednesday- led by banks- after a shaky start to the U.S. earnings season turned the focus back onto the continuing impact of the economic slowdown on Australian profits. ...
Wed 8th April 2009 - 04:19pm
Banks defy rate cut pleas
All four big banks are refusing to deliver the entire official interest rate cut to home loan borrowers- despite the Federal Governments demands to do so. ...
Wed 8th April 2009 - 03:55pm
Westpac passes on rate cut to businesses
Westpac has cut its standard variable mortgage rate by 10 basis points and slashed 25 basis points off the rates for business loans and credit cards. ...
Wed 8th April 2009 - 03:48pm
Beach Petroleum Limited ASX-BPT Weekly Drilling Report Week ending 8 April 2009
Adelaide- Australia- Apr 8- 2009 - ABN Newswire - Beach Petroleum Limited ASX-BPTPINK-BEPTF announces the drilling report for the week ending 8 April- 2009. Highlights of the weeks activities include-Egypt - South East July Concession - Gulf of SuezSouth July-1 ST1 reached a final total depth of 3473 metres in the Yusr sands of the lower Rudeis Formation. ...
Wed 8th April 2009 - 03:48pm
First buyers 'underpin demand for loans'
First home buyers continue to underpin demand for home loans- driven by government grants and low interest rates- economists say. ...
Wed 8th April 2009 - 03:45pm
Lay-bys rise as credit card debt falls
Lay-bys are back in fashion as consumers look for ways to buy goods without using credit cards during these difficult economic times. ...
Wed 8th April 2009 - 03:45pm
LNG project clears major hurdle
The Australia Pacific LNG project to pipe coal seam gas from Callide to Gladstone- where it would be converted to liquefied natural gas- is a big step closer. ...
Wed 8th April 2009 - 03:38pm
Australia shares fall 2.1 pct Asciano climbs
MELBOURNE- April 8 - Australian stocks fell 2.1 percent on Wednesday- with banks leading the decline- after a shaky start to the U.S. earnings season turned the focus back onto a cloudy profit outlook for Australian companies. ...
Wed 8th April 2009 - 03:37pm
First buyers 'underpin demand for loans'
First home buyers continue to underpin demand for home loans- driven by government grants and low interest rates- economists say. ...
Wed 8th April 2009 - 03:36pm
Lay-bys rise as credit card debt falls
Lay-bys are back in fashion as consumers look for ways to buy goods without using credit cards during these difficult economic times. ...
Wed 8th April 2009 - 03:34pm
Heritage passes on rate cut in full
Heritage Building Society has cut its variable mortgage interest rates by 25 basis points- matching the reduction made to base rates by the central bank. ...
Wed 8th April 2009 - 03:33pm
Westpac passes on rate cut to businesses
Westpac has cut its standard variable mortgage rate by 10 basis points and slashed 25 basis points off the rates for business loans and credit cards. ...
Wed 8th April 2009 - 03:32pm
Banks defy rate cut pleas
All of the four big banks have now revealed they are not delivering the entire official interest rate cut to home loan borrowers- despite the Federal Governments demands to do so. ...
Wed 8th April 2009 - 03:10pm
NewSat Limited ASX-NWT Record Growth Continues With A 40 Increase In Revenue
Melbourne- Australia- Apr 8- 2009 - ABN Newswire - NewSat Limited ASX-NWTPINK-NWTLY has delivered another strong quarter for the period ending 31st March 09 with an increase in revenue of approximately 40 over the corresponding period last year- and exceeding this years ambitious targets. ...
Wed 8th April 2009 - 02:56pm
Spending over Easter expected to fall
Consumer spending is forecast to fall this Easter as families opt for simpler celebrations during the holiday because of the difficult economic climate. ...
Wed 8th April 2009 - 02:48pm
Judge considers appeal to strike out inquest evidence
A Supreme Court judge has reserved his decision on an application to strike out evidence given by a union official at an inquest into the death of a central Queensland coal miner. ...
Wed 8th April 2009 - 02:42pm
Pressure mounts to reveal broadband costs
The Federal Government is under increasing pressure to show how much its ambitious $43 billion plan for a national broadband network will cost for households and whether it is commercially viable. ...
Wed 8th April 2009 - 02:33pm
UK firm among likely Tas TOTE bidders
The proposed privatisation of Tasmania's state-owned betting agency is expected to attract domestic and international gambling operators. ...
Wed 8th April 2009 - 02:32pm
Pressure mounts to reveal broadband costs
The Federal Government is under increasing pressure to show how much its ambitious $43 billion plan for a national broadband network will cost for households and whether it is commercially viable. ...
Wed 8th April 2009 - 02:26pm
Ten's owner Canwest gets credit breather
Ten Network Holdings Ltd's majority owner- Canwest Global Communications- has been given a further debt extension following talks with its senior lenders. ...
Wed 8th April 2009 - 02:25pm
Housing stimulus to boost jobs around WA
The Federal Government says 286 houses will be built in Western Australia in the first round of its housing stimulus package. ...
Wed 8th April 2009 - 02:25pm
ANZ cuts variable rate by 10 points
ANZ Banking Group Ltd has cut its standard variable home loan rate by 10 basis points- in line with a similar move by Commonwealth Bank of Australia Ltd. ...
Wed 8th April 2009 - 02:24pm
Gryphon doubles Banfora gold resource
Gryphon Minerals plans to start mining development studies in August at its Banfora gold project in west Africa- after doubling its estimate of the resource. ...
Wed 8th April 2009 - 02:10pm
Banks defy rate cut pleas
All of the four big banks have now revealed they are not delivering the entire official interest rate cut to home loan borrowers- despite the Federal Governments demands to do so. ...
Wed 8th April 2009 - 02:10pm
Home loan approvals below expectations
Australian Bureau of Statistics ABS figures show the number of home loans written for owner occupiers was lower than expected in February. ...
Wed 8th April 2009 - 01:59pm
Home loan approvals below expectations
Australian Bureau of Statistics ABS figures show the number of home loans written for owner occupiers was lower than expected in February. ...
Wed 8th April 2009 - 01:46pm
No sign of exhaustion in bonds- AOFM
Australian Office of Financial Management AOFM chief executive Neil Hyden says he is not seeing any signs of exhaustion in the government bond market. ...
Wed 8th April 2009 - 01:41pm
Lay-bys rise as credit card debt falls
Lay-bys have broadened their appeal to people who are looking for alternatives to credit cards during difficult financial times. ...
Wed 8th April 2009 - 01:37pm
QBE sees premium rates rising by 4
QBE Insurance says the majority of its businesses are outperforming their peers and it expects average premium rates to rise by four per cent in calendar 2009. ...
Wed 8th April 2009 - 01:27pm
Australian Market Report of April 8- Refreshed Worries Weigh on the Market
Sydney- Australia- Apr 8- 2009 - ABN Newswire - Overnight Wall Street retreated as investors were nervous about company earnings and concerning the health of financial system. After the closing bell- Alcoa reported a consecutive quarterly loss at the start of the reporting season. Yesterday the Australian share market is lower after the RBAs rate cut announcement. The S -amp ampP-ASX200 index fell 1.3- or 50.3 points- at 3706. ...
Wed 8th April 2009 - 01:23pm
Ten's owner Canwest gets credit breather
Ten Network Holdings Ltd's majority owner- Canwest Global Communications- has been given a further debt extension following talks with its senior lenders. ...
Wed 8th April 2009 - 01:21pm
Housing finance commitments up 0.4
First home buyers continue to drive new home loan volumes- spurred on by a temporary boosts to first home owner grants- economists say. ...
Wed 8th April 2009 - 01:15pm
Export slump hits Japans current account
TOKYO AFP - Japans current account surplus more than halved in February from a year earlier as plunging exports kept the worlds second-largest economy deep in recession- government data showed. ...
Wed 8th April 2009 - 01:14pm
Worker injured at BHP Billiton operations
A worker has been injured in an incident at BHP Billitons port operations at Port Hedland. ...
Wed 8th April 2009 - 01:13pm
Banks ripping off business- Foley
The South Australian Treasurer- Kevin Foley- has accused the big four banks of ripping off business by not passing on the full interest rate cut. ...
Wed 8th April 2009 - 12:50pm
Gloomy outlook hangs over US earnings
The first quarter US corporate earnings reporting season has kicked off with Wall Street bracing for another dismal performance. ...
Wed 8th April 2009 - 12:46pm
Utilities price hike inappropriate- former commissioner
The Northern Territory Government should not be hitting consumers with an $800 a year utilities price rise- the former utilities commissioner- Alan Tregilgas- says. ...
Wed 8th April 2009 - 12:43pm
Utilities price hike inappropriate- former commissioner
The Northern Territory Government should not be hitting consumers with an $800 a year utilities price rise- the former utilities commissioner- Alan Tregilgas- says. ...
Wed 8th April 2009 - 12:35pm
Aussie dlr falls as risk aversion bites bonds down
AUSTRALIAN CREDIT-FOREXSNAPSHOT FOREIGN EXCHANGE AT 0000 GMTagainst previous Sydney close AUD 0.7084-880.7140-43 AUDNZDR1.2317-331.2255-72 AUDJPYR 71.06-14 71 ...
Wed 8th April 2009 - 12:29pm
Pressure mounts to reveal broadband costs
The Federal Government is under increasing pressure to show how much its ambitious $43 billion plan for a national broadband network will cost for households and whether it is commercially viable. ...
Wed 8th April 2009 - 12:29pm
Tas business confidence slumps
A survey of Tasmanian businesses has painted a grim picture of the states economy. ...
Wed 8th April 2009 - 12:22pm
Pressure mounts to reveal broadband costs
The Federal Government is under increasing pressure to show how much its ambitious $43 billion plan for a national broadband network will cost for households and whether it is commercially viable. ...
Wed 8th April 2009 - 12:19pm
Utilities price hike inappropriate- former commissioner
The Northern Territory Government should not be hitting consumers with an $800 a year utilities price rise- the former utilities commissioner- Alan Tregilgas- says. ...
Wed 8th April 2009 - 12:15pm
Housing finance commitments up 0.4
First home buyers continue to drive new home loan volumes- spurred on by a temporary boosts to first home owner grants- economists say. ...
Wed 8th April 2009 - 12:14pm
Broadband upgrade will usher in new era- analysts
The rapid move to 100 megabits-per-second broadband has been welcomed by many economists and service providers. ...
Wed 8th April 2009 - 11:44am
Broadband upgrade will usher in new era- analysts
The rapid move to 100 megabits-per-second broadband has been welcomed by many economists and service providers. ...
Wed 8th April 2009 - 11:42am
V Australia jets off from Brisbane to LA
Three years ago it was just a dream- but on Wednesday Virgin launched its maiden Brisbane flight to the City of Angels. ...
Wed 8th April 2009 - 11:38am
Housing finance commitments up 0.4
Australian housing finance commitments for owner-occupied housing rose 0.4 per cent in February- seasonally adjusted- to 56-235- the ABS said. ...
Wed 8th April 2009 - 11:37am
Broadband upgrade will usher in new era- analysts
The rapid move to 100 megabits-per-second broadband has been welcomed by many economists and service providers. ...
Wed 8th April 2009 - 11:34am
Rio Tinto job cuts a body blow to Qld economy
Queensland Treasurer Andrew Fraser says Rio Tintos job cuts are a body blow to the states economy. ...
Wed 8th April 2009 - 11:24am
QBE sees premium rates rising by 4
QBE Insurance says the majority of its businesses are outperforming their peers and it expects average premium rates to rise by four per cent in calendar 2009. ...
Wed 8th April 2009 - 11:22am
Rio Tinto job cuts a body blow to Qld economy
Queensland Treasurer Andrew Fraser says Rio Tintos job cuts are a body blow to the states economy. ...
Wed 8th April 2009 - 11:21am
Union says Telstra jobs cuts will cause service delays
The Union representing sacked Telstra workers in the ACT and regional New South Wales says the latest job cuts will impact on services. ...
Wed 8th April 2009 - 11:16am
Small towns on broadband radar- PM
The Prime Minister Kevin Rudd has rejected claims that nearly 70 Tasmanian towns will be left out of the Federal Governments broadband network. ...
Wed 8th April 2009 - 11:11am
Japan current account surplus plunges in February
TOKYO AFP - Japans current account surplus in February plunged 55. ...
Wed 8th April 2009 - 10:56am
Consumer sentiment up 8.3 in April
Consumer confidence rose for the first time in four months in April as financial markets improved and the federal government paid cash bonuses to taxpayers. ...
Wed 8th April 2009 - 10:53am
Judge extends Storm Financial $2m freeze
Queenslands Chief Justice has extended a court order freezing $2 million transferred to Storm Financials founders shortly before the Townsville-based company collapsed. ...
Wed 8th April 2009 - 10:48am
Southern Cross Goldfields Ltd ASX-SXG Identifies High Priority Gold Drill Targets at Central Yilgarn
Perth- Australia- Apr 8- 2009 - ABN Newswire - Southern Cross Goldfields Ltd ASX-SXG is pleased to announce that ongoing field studies- compilation and interpretation of all previous exploration data has highlighted over 100 high priority drill targets- most with potential for large- stand-alone- high margin gold deposits. Potential for nickel sulphides- copper-lead-zinc and uranium mineralisation has also been identified. ...
Wed 8th April 2009 - 10:46am
Aussie slips as optimism fades awaits housing data
SYDNEY- April 8 - The Australian dollar eased on Tuesday as risk appetite ebbed on worries firms are still struggling with the global recession- but losses were capped by bets Australian interest rates may be near a bottom. ...
Wed 8th April 2009 - 10:45am
New lawsuit over Mt Isa blood-lead levels
Another family is launching legal action against Xstrata over elevated blood-lead levels in Mount Isa. ...
Wed 8th April 2009 - 10:44am
Xstrata to defend blood-lead level lawsuit
Mining giant Xstrata says it will defend legal action taken against it over high blood-lead levels in some Mount Isa children. ...
Wed 8th April 2009 - 10:40am
NewSat Limited ASX-NWT Affirms Remote Satellite Offer To Government
Melbourne- Australia- Apr 8- 2009 - ABN Newswire - NewSat Limited ASX-NWT welcomes the Prime Minister Kevin Rudds announcement yesterday- that the Australian Government will build a high speed broadband infrastructure for the entire country. While the primary vehicle for broadband is a fibre network to the home- the Government estimates that 10 percent of Australians will be provided broadband through other means. ...
Wed 8th April 2009 - 10:37am
Local market lower after Wall St drop
The Australian share market is more than 1 per cent lower after heavy losses on Wall Street overnight. ...
Wed 8th April 2009 - 10:35am
Union says jobs cuts will cause service delays
The Union representing sacked Telstra workers in the ACT and regional New South Wales says the latest job cuts will impact on services. ...
Wed 8th April 2009 - 10:34am
Adelaide Brighton in trading halt
Shares in cement supplier Adelaide Brighton Ltd have been placed in a trading halt as the company conducts a $100 million capital raising. ...
Wed 8th April 2009 - 10:31am
Australia shares fall on corporate health concerns
MELBOURNE- April 8 - Australian stocks fell 1.1 percent on Wednesday- with banks leading the decline- after concern over the health of top companies and banks worldwide sent European and U.S. markets lower. ...
Wed 8th April 2009 - 10:24am
Big increase in Western Power complaints
Western Australias electricity regulator has released a review of Western Powers performance. ...
Wed 8th April 2009 - 10:19am
Rio share dip 'due to media speculation'
Rio has blamed media speculation for its diving share price- after the stock exchange demanded an explanation for a nearly 12 per cent fall since April 3. ...
Wed 8th April 2009 - 10:18am
Survey shows positive signs for WA-listed companies
A business survey has found Western Australias listed companies have continued to recover on the share market. ...
Wed 8th April 2009 - 09:51am
Survey shows positive signs for WA-listed companies
A business survey has found Western Australias listed companies have continued to recover on the share market. The Deloitte WA index climbed by 11 per cent last month- led by Wesfarmers and Woodside- ...
Wed 8th April 2009 - 09:50am
Eildon forgotten in bushfire marketing campaign
Tourism operators at Lake Eildon in northern Victoria are hoping for an influx of visitors during the Easter long weekend to keep them going. ...
Wed 8th April 2009 - 09:49am
Eildon forgotten in bushfire marketing campaign
Tourism operators at Lake Eildon in northern Victoria are hoping for an influx of visitors during the Easter long weekend to keep them going. ...
Wed 8th April 2009 - 09:46am
BrisConnections holders meetings merged
Two meetings of BrisConnections unit holders to vote on a wind-up of the developer have been merged into one. ...
Wed 8th April 2009 - 09:44am
Dalby mine water plan abandoned
A multi-million dollar deal between an energy company and the Dalby Regional Council- to supply the southern Queensland town with water- has fallen through. ...
Wed 8th April 2009 - 09:29am
Vinyl manufacturers put positive spin on recession
Its a grim time for Australian manufacturers with big companies sacking workers and moving operations offshore. ...
Wed 8th April 2009 - 09:26am
Justify rates decision- Swan tells banks
Federal Treasurer Wayne Swan wants the banks to justify why they will not pass on yesterdays 25 basis point interest rate cut in full. ...
Wed 8th April 2009 - 09:25am
Long battle ahead for Rudds broadband
The Federal Government faces an uphill task of winning the financial and political backing it needs for its new broadband plan. ...
Wed 8th April 2009 - 09:21am
Vinyl manufacturers put positive spin on recession
Its a grim time for Australian manufacturers with big companies sacking workers and moving operations offshore. ...
Wed 8th April 2009 - 09:17am
Justify rates decision- Swan tells banks
Federal Treasurer Wayne Swan wants the banks to justify why they will not pass on yesterdays 25 basis point interest rate cut in full. ...
Wed 8th April 2009 - 09:14am
New Guinness stout set for Australia
The makers of Guinness are touting a new stout beer to be sold in the US and Australia- a maltier- fizzier version of its older- creamier sibling. ...
Wed 8th April 2009 - 08:55am
Connex teams up with Singapore-based company in rail bid
Connex has partnered with Singapores metro rail operator in its bid to continue running Melbournes train network. ...
Wed 8th April 2009 - 08:30am
Record drop in US credit card usage
Consumer borrowing plunged more than expected in February as Americans cut back their use of credit cards by a record amount. ...
Wed 8th April 2009 - 08:26am
Australia shares set to fall further on profit worry
A view the forthcoming U.S. company earning reporting season will produce a raft of poor results and outlooks will weigh on sentiment- pushing many investors out of risky equities. ...
Wed 8th April 2009 - 08:25am
Long battle ahead for Rudds broadband
The Federal Government faces an uphill task of winning the financial and political backing it needs for its new broadband plan. ...
Wed 8th April 2009 - 08:23am
Goldman Sachs CEO seeks new pay standard
The chief executive of Goldman Sachs has called for new standards on how Wall Street executives are compensated. ...
Wed 8th April 2009 - 07:59am
Deal to sell a Madoff operation approved
A bankruptcy judge approved a plan that would allow a Boston firm to take over a securities trading operation owned by disgraced financier Bernard Madoff. ...
Wed 8th April 2009 - 07:56am
Boeing defense projects face threat of budget axe
WASHINGTON AFP - US aerospace giant Boeing would be hit harder than other defense contractors if the Pentagons proposed cuts to major weapons programs are approved- analysts said Tuesday. ...
Wed 8th April 2009 - 07:51am
New Guinness stout set for Australia
The makers of Guinness are touting a new stout beer to be sold in the US and Australia- a maltier- fizzier version of its older- creamier sibling. ...
Wed 8th April 2009 - 07:45am
Pass on rate cut- Business SA
Business SA has called on the states three biggest financial institutions to pass on the Reserve Banks latest interest rate cut. ...
Wed 8th April 2009 - 07:34am
Xstrata to defend blood-lead level lawsuit
Mining giant Xstrata says it will defend legal action taken against it over high blood-lead levels in some Mount Isa children. ...
Wed 8th April 2009 - 07:22am
Long battle ahead for Rudds broadband
The Federal Government faces an uphill task of winning the financial and political backing it needs for its new broadband plan. ...
Wed 8th April 2009 - 06:56am
Long battle ahead for Rudds broadband
The Federal Government faces an uphill task of winning the financial and political backing it needs for its new broadband plan. ...
Wed 8th April 2009 - 06:51am
Job Network workers to rally over cuts
Thousands of soon-to-be unemployed job placement workers are calling on the Federal Government to help them find new jobs. ...
Wed 8th April 2009 - 06:41am
Long battle ahead for Rudds broadband
The Federal Government faces an uphill task of winning the financial and political backing it needs for its new broadband plan. ...
Wed 8th April 2009 - 06:35am
Britain's RBS to cut up to 9-000 jobs
The Royal Bank of Scotland is to cut up to 9-000 jobs over the next two years- half of them in Britain- the state-controlled British lender said on Tuesday. ...
Wed 8th April 2009 - 06:26am
Job Network workers to rally over cuts
Thousands of soon-to-be unemployed job placement workers are calling on the Federal Government to help them find new jobs. ...
Wed 8th April 2009 - 06:22am
Deal to sell a Madoff operation approved
A bankruptcy judge approved a plan that would allow a Boston firm to take over a securities trading operation owned by disgraced financier Bernard Madoff. ...
Wed 8th April 2009 - 06:16am
Boeing defense projects face threat of budget axe
WASHINGTON AFP - US aerospace giant Boeing would be hit harder than other defense contractors if the Pentagons proposed cuts to major weapons programs are approved- analysts said Tuesday. ...
Wed 8th April 2009 - 06:13am
US consumer credit shows surprise drop
WASHINGTON AFP - US consumer credit dropped by a more than expected 3. ...
Wed 8th April 2009 - 05:46am
EBRD says invested record 1.1 billion euros
LONDON AFP - The European Bank for Reconstruction and Development said Tuesday it invested a record 1.1 billion euros 1.5 billion dollars in eastern Europe in the first quarter to fight the financial crisis. ...
Wed 8th April 2009 - 04:52am
OECD takes last four states off tax haven list
PARIS AFP - The OECD on Tuesday removed Costa Rica- Malaysia- the Philippines and Uruguay from its list of hard-line uncooperative tax havens after they bowed to pressure and vowed to open up their books. ...
Wed 8th April 2009 - 04:42am
Gazprom- Eni in 4-bln-dlr buy-out deal
MOSCOW AFP - Russias Gazprom Tuesday signed a deal worth over four billion dollars to buy out the 20 percent stake owned by Italys Eni in its oil unit Gazprom Neft- in line with the Kremlins aim to keep key assets in state hands. ...
Wed 8th April 2009 - 03:41am
Indian police charge Satyam founder with fraud
MUMBAI AFP - Indian police investigating a massive false accounting scam at IT giant Satyam Computer on Tuesday charged its founder-chairman B. Ramalinga Raju with fraud. ...
Wed 8th April 2009 - 03:13am
Disappointed Rudd urges banks to reconsider rate response
Prime Minister Kevin Rudd has urged two major banks to reconsider their response to the latest interest rate cut. ...
Wed 8th April 2009 - 02:16am
Senate showdown brewing over broadband network
The Federal Government is already preparing for a long battle to force legislation for its new $43 billion broadband network through Federal Parliament. ...
Wed 8th April 2009 - 02:11am
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