Finance News, Monday 17th January 2011
Flood recovery challenges return to surplus
The Federal Government has warned its pledge to return the budget to surplus will entail some tough choices because of the huge amount of money it will need to rebuild after the floods.One of the countrys ... ...Mon 17th January 2011 - 11:56pm
Uni fees threaten Territory tourism
The Australian Tourism Export Council says an anticipated downturn in UK backpacker numbers will have an impact on tourism in the Northern Territory.The British government is preparing to substantially ... ...Mon 17th January 2011 - 11:53pm
Watpac downgrades guidance
Queensland-based builder Watpac Ltd says first half profit is likely to be significantly lower than in the previous first half due to wet weather on the east coast.The company also signalled that its full ... ...Mon 17th January 2011 - 11:43pm
Floods to shake up Brisbane property market
Queenslands floods are not expected to have a major impact on Brisbanes real estate prices in the long term- according to property analysts. RP Data says buyers already know the risks of living ... ...Mon 17th January 2011 - 11:37pm
Australia shares rise early- led by banks
MARKETS-AUSTRALIA-STOCKS UPDATE 1-Australia shares rise early- led by banks ...Mon 17th January 2011 - 11:26pm
Road freight disrupted by flooding
South Australian road freight is being significantly disrupted by flooding in western Victoria.The main Adelaide-Melbourne route remains cut by water.Traffic is being diverted via Keith and Mount Gambier ... ...Mon 17th January 2011 - 11:18pm
Swan flags changes to flood insurance
Federal Treasurer Wayne Swan has foreshadowed changes to the insurance industry as part of the Governments response to the Queensland floods. There are concerns over insurance companies refusing to ... ...Mon 17th January 2011 - 11:13pm
Flood recovery challenges return to surplus
The Federal Government has warned its pledge to return the budget to surplus will entail some tough choices because of the huge amount of money it will need to rebuild after the floods.One of the countrys ... ...Mon 17th January 2011 - 11:03pm
China- Power Use Up- House Prices Up- and Down
Chinas economic conundrum was nicely illustrated yesterday by the release of two statistics- one for power consumption for the 2010 year and the other the usual monthly news on property prices. Property ... ...Mon 17th January 2011 - 10:47pm
Profits- Solid Result For Djerriwarrh
Melbourne-based Djerriwarrh Investments is paying a steady interim dividend of 10c a share despite a 16.2 lift in first half returns which followed higher dividends paid by the major banks in particular. ... ...Mon 17th January 2011 - 10:46pm
Results- Platinum Explains The First Half Loss Forecast
In contrast to the solid result from Djerriwarrh- another listed investor- Platinum Capital- yesterday revealed why it is expecting a loss for the December half- after reporting a profit for the previous ... ...Mon 17th January 2011 - 10:45pm
Deals- AMP Moves Closer To Winning AXA APH
AMPs friendly takeover of rival AXA Asia Pacific AXA APH has been given a boost- after an independent expert concluded the 13.3 billion offer was fair and reasonable and in the best interests of ... ...Mon 17th January 2011 - 10:44pm
Updates- Bell’s Odd Statement
Shares in Bell Financial Group staged a solid rise yesterday in a weak market- despite strong suggestions of a fall in 2010 earnings. Bell shares rose 5- or 5c- to 1.06 yesterday in a market that was ... ...Mon 17th January 2011 - 10:43pm
Libs talking down economy- Treasurer
Tasmanias Treasurer has accused the Opposition of constantly talking-down the economy.The Chamber of Commerce and Industrys latest survey suggests rising labour costs and a lack of investment ... ...Mon 17th January 2011 - 10:42pm
Webjet focussed on global expansion
Online travel agent Webjet Ltd has announced several deals with companies around the world that it says will fuel its development.Webjet said it would be able to enter certain emerging European markets ... ...Mon 17th January 2011 - 10:29pm
Road freight disputed by flooding
South Australian road freight is being significantly disrupted by flooding in western Victoria.The main Adelaide-Melbourne route remains cut by water.Traffic is being diverted via Keith and Mount Gambier ... ...Mon 17th January 2011 - 10:24pm
Road freight disputed by flooding
South Australian road freight is being significantly disrupted by flooding in western Victoria.The main Adelaide-Melbourne route remains cut by water.Traffic is being diverted via Keith and Mount Gambier ... ...Mon 17th January 2011 - 10:23pm
Govt blames Libs for confidence slump
Tasmanias Treasurer has blamed a slump in business confidence on the Liberals- accusing the opposition of constantly talking-down the economy.The Chamber of Commerce and Industrys latest survey ... ...Mon 17th January 2011 - 10:21pm
Rail returns- beaches off limits
Tasmanias rail freight services across the north and north-west have been restored as the flood clean-up continues.The western line was extensively damaged in the floods- particularly near Railton ... ...Mon 17th January 2011 - 10:13pm
Elmer- whistleblower or bitter ex-banker
Rudolf Elmer- the former senior Swiss bank executive who handed over secret banking data to Wikileaks on Monday- says he is a whistleblower out to expose a system of offshore tax evasion.However- Swiss ... ...Mon 17th January 2011 - 10:06pm
Bundaberg Mayor seeks flood recovery council
The Bundaberg Mayor has flown to Brisbane for talks with industry leaders and the Queensland Government about the impact of flooding on the local economy.About 400 homes and businesses were inundated last ... ...Mon 17th January 2011 - 10:02pm
Strong dollar hurting Moly Mines project
Moly Mines Ltd says its molybdenum project in Western Australia is in doubt due to the Australian dollars appreciation since early December.Moly Mines already is dealing with a delay in financing ... ...Mon 17th January 2011 - 09:59pm
Australia shares seen lower on flood costs- falling US futures
MARKETS-AUSTRALIA-STOCKS-Australia shares seen lower on flood costs- falling US futures ...Mon 17th January 2011 - 09:49pm
Boost to Europes rescue fund delayed
Wall Street was closed Monday- as the US took a day off to celebrate Martin Luther King Day.But the market never truly sleeps- and US Futures trade fell overnight pulled down by an announcement that Apples ... ...Mon 17th January 2011 - 09:41pm
More cabs in taxi overhaul
There will be more cabs on Canberra roads this year as part of an overhaul of the taxi industry.The ACT Government is releasing 25 new standard licence plates and four wheelchair taxi plates.It is one ... ...Mon 17th January 2011 - 09:39pm
Ongoing bus drivers dispute could interrupt services
A bus company wants Fair Work Australia to intervene in a north Queensland bus drivers dispute.Bus drivers with Sunbus in Townsville and on the Sunshine Coast have taken rolling industrial action ... ...Mon 17th January 2011 - 09:34pm
Pike River families given new hope
Relatives of the miners killed in New Zealands Pike River disaster last year say they are excited to hear the mine will not be sealed immediately.The receiver for the company says work to stabilise ... ...Mon 17th January 2011 - 09:22pm
WikiLeaks to publish bank details
WikiLeaks founder Julian Assange says he will publish secret details of offshore accounts- after a Swiss banking whistleblower handed over data on 2000 purportedly tax-dodging individuals and firms.Former ... ...Mon 17th January 2011 - 09:12pm
Mining growth to help boost Qld economy
The Chamber of Commerce and Industry in Mount Isa in north-west Queensland says the mining industry will help the state recover from one of the worst floods in history.The Queensland Cabinet is putting ... ...Mon 17th January 2011 - 09:08pm
Normality returning to Toowoomba businesses
The Toowoomba Chamber of Commerce TCC says some flood-affected businesses will move into temporary premises while their shops in the city on Queenslands Darling Downs are being repaired.Businesses ... ...Mon 17th January 2011 - 09:06pm
Native title ruling blocks mining bid
A bid by a mining company to explore vast mineral deposits at Lake Torrens in the far north of South Australia has been blocked by an Adelaide court- which has ruled in favour of native title claimants.Straits ... ...Mon 17th January 2011 - 08:50pm
Boost to Europes rescue fund delayed
Wall Street was closed Monday- as the US took a day off to celebrate Martin Luther King Day.But the market never truly sleeps- and US Futures trade fell overnight pulled down by an announcement that Apples ... ...Mon 17th January 2011 - 08:29pm
More cabs in taxi overhaul
There will be more cabs on Canberra roads this year as part of an overhaul of the taxi industry.The ACT Government is releasing 25 new standard licence plates and four wheelchair taxi plates.It is one ... ...Mon 17th January 2011 - 08:27pm
ECB boosted bond buying last week
The European Central Bank ramped up its bond buying last week- figures showed Monday- a clear indication it tried to help Portugal in the run-up to a crucial bond auction.Data from the ECB showed the bank ... ...Mon 17th January 2011 - 07:01pm
Europe moves to raise bailout fund capacity
Continental Europes richest nations offered some resolve late Monday to boost bailout funding for weaker states- vowing to respect commitments on loan guarantees in exchange for comprehensive ... ...Mon 17th January 2011 - 01:23pm
Europe moves to raise bailout fund capacity
Europe strove to reach agreement Monday on boosting the capacity of bailout funding for failing eurozone states in order to soothe market fears that after Greece and Ireland- others might need rescue.As ... ...Mon 17th January 2011 - 11:49am
NZ mine bodies unlikely to be recovered
The receiver for Pike River Coal says it is unlikely the remains of 29 men killed in the New Zealand mine disaster last year will ever be recovered.Work will continue for between five and eight weeks to ... ...Mon 17th January 2011 - 11:03am
Goldman excludes US clients from Facebook offering
Citing intense media coverage- Goldman Sachs said on Monday it was excluding US clients from a private offering of shares in Facebook expected to raise as much as 1.5 billion.Goldman ... ...Mon 17th January 2011 - 10:40am
Apples Jobs taking another medical leave
Apple co-founder and chief executive Steve Jobs announced he was taking another medical leave of absence on Monday- reviving questions about the future of the global technology powerhouse.Jobs- 55- who ... ...Mon 17th January 2011 - 10:32am
Poor- emerging nations make first with world investment- UN
Developing and emerging nations attracted the lions share of the worlds foreign direct investment of more than one trillion dollars for the first time last year- a UN agency said on Monday.Fresh ... ...Mon 17th January 2011 - 10:16am
Whistleblower hands Assange offshore bank secrets
WikiLeaks founder Julian Assange vowed to publish secret details of offshore accounts after a Swiss banking whistleblower handed over data Monday on 2-000 purportedly tax-dodging individuals and firms.Former ... ...Mon 17th January 2011 - 10:14am
US clients excluded from Facebook offering- report
Citing intense media attention- Goldman Sachs has decided to exclude US clients from the private offering of as much as 1.5 billion in shares of Facebook- The Wall Street Journal reported ... ...Mon 17th January 2011 - 09:44am
Europe moves to raise bailout fund capacity
Europe strove to reach agreement Monday on boosting the capacity of bailout funding for failing eurozone states in order to soothe market fears that after Greece and Ireland- others might need rescue.As ... ...Mon 17th January 2011 - 09:27am
NZ mine bodies unlikely to be recovered
The receiver for Pike River Coal says it is unlikely the remains of 29 men killed in the New Zealand mine disaster last year will ever be recovered.Work will continue for between five and eight weeks to ... ...Mon 17th January 2011 - 09:07am
Brisbane thoroughfare opens after flood concerns eliminated
All lanes of Coronation Drive in Brisbane have been reopened to traffic- without any weight restrictions.There were concerns of bank slumping along the major arterial road.But the Brisbane City Council ... ...Mon 17th January 2011 - 08:34am
Apples Jobs taking another medical leave
Apple co-founder and chief executive Steve Jobs announced he was taking another medical leave of absence on Monday- 18 months after returning to the company following a liver transplant.Wall Street was ... ...Mon 17th January 2011 - 08:27am
Brisbane thoroughfare open to traffic after flood concerns
All lanes of Coronation Drive in Brisbane have been reopened to traffic- without any weight restrictions.There were concerns of bank slumping along the major arterial road.But the Brisbane City Council ... ...Mon 17th January 2011 - 08:23am
BP shares edge higher on news of Rosneft tie-up
Shares in British energy giant BP edged higher on Monday as investors gave a very cautious welcome to its Arctic tie-up with Russian state firm Rosneft.BPs stock gained just 0.24 percent to finish ... ...Mon 17th January 2011 - 08:14am
Families briefed on move to seal NZ mine
Relatives of the 29 miners killed in New Zealands Pike River mine disaster last year are being briefed on whether the mine will be sealed.A spokesman for the families- Bernie Monk- says it is important ... ...Mon 17th January 2011 - 08:01am
Cold snap strains South Korean power
South Korean public servants are being ordered to switch off heating as a severe cold snap strains power resources.The South Korean government has ordered all ministries and state-run companies to shut ... ...Mon 17th January 2011 - 07:48am
Families briefed on move to seal NZ mine
Relatives of the 29 miners killed in New Zealands Pike River mine disaster last year are being briefed on whether the mine will be sealed.A spokesman for the families- Bernie Monk- says it is important ... ...Mon 17th January 2011 - 07:32am
Months before some flooded homes get electricity
Energex estimates 10-000 properties in south-east Queensland are so badly damaged- power will not be restored to many of them for months.Spokesman Nathan Hatch says currently 24-000 homes and businesses ... ...Mon 17th January 2011 - 07:24am
Floods hit mortgage borrowers- investors
Income from mortgage-backed transactions will be pared back as repayments from flood-affected home and business borrowers stall amid a lack of insurance for inland flooding.While the cost of flood damage ... ...Mon 17th January 2011 - 07:15am
Billions lost by coal industry from floods
The Queensland Resources Council QRC says the states flood crisis has cost the sector about 2.3 billion in lost sales.Mine operators have been working to remove water from flooded sites as rail ... ...Mon 17th January 2011 - 07:13am
Gillard urges businesses to dig deeper
Big businesses say they have made a significant contribution to the Queensland floods recovery- but will answer the Prime Ministers call for more assistance.Julia Gillard is calling on business leaders ... ...Mon 17th January 2011 - 07:03am
Divided Europe debates crisis fund boost
A divided Europe began tough talks Monday on whether to add muscle to its eurozone debt rescue fund in order to soothe market fears that more vulnerable nations could need a bailout.Eurozone finance ministers ... ...Mon 17th January 2011 - 06:53am
Brisbane industrial estate ravaged by flood
Small businesses are cleaning up and starting to count the cost of flooding at Sumner Industrial Estate in Brisbanes west.Bob Gillard who owns Proforce Golf Supplies says the estate is not a pretty ... ...Mon 17th January 2011 - 06:51am
Russias Vimpelcom backs new Egypt telecoms deal
A deal to create one of the worlds largest mobile phone carriers moved a step closer Monday when Russias Vimpelcom ignored its Norwegian shareholders to set up a merger with Egyptian tycoon Naguib ... ...Mon 17th January 2011 - 06:50am
Nufarm hit with legal actions on guidance
Nufarm Ltd says it will vigorously defend two class actions by shareholders alleging the company engaged in misleading conduct and failed to adequately inform the market in relation to its 2009-10 full ... ...Mon 17th January 2011 - 06:47am
World tourism up sharply last year- UN
Global tourism bounced back from the world financial crisis with unexpected vigour- surging almost 7.0 percent last year on the back of strong growth in emerging economies- the UN World Tourism Organisation ... ...Mon 17th January 2011 - 06:36am
Apples Steve Jobs to take further medical leave
Apple co-founder and chief executive Steve Jobs announced Monday he was taking a medical leave of absence- 18 months after returning to the company following a liver transplant.At my request- the ... ...Mon 17th January 2011 - 06:33am
Europe divided over expanding euro crisis fund
Debate over adding firepower to the eurozones debt rescue fund heated up on Monday as Germany clashed with Brussels over what course to take ahead of a meeting of finance ministers.European Commission ... ...Mon 17th January 2011 - 06:22am
GSK reveals 3.4 bn legal charge over Avandia drug
British drugs firm GlaxoSmithKline said Monday it expects to sustain a legal charge of £2.2 billion linked to its former blockbuster diabetes product Avandia- sparking a sharp drop in its shares.GSK ... ...Mon 17th January 2011 - 06:05am
Australia shares fall 0.8- flood tally hits sentiment
MARKETS-AUSTRALIA-STOCKS UPDATE 5-Australia shares fall 0.8- flood tally hits sentiment ...Mon 17th January 2011 - 05:53am
Businesses registering to help others hurt by floods
Queensland business owners should be able to register details from today about how they can help other businesses affected by floods.The Chamber of Commerce and Industry Queensland CCIQ has created the ... ...Mon 17th January 2011 - 05:50am
Indias central bank hints at rate rise
Indias central bank governor gave the clearest sign yet on Monday that interest rates will rise later this month- saying the country faced surging inflation.A lot of countries are ... ...Mon 17th January 2011 - 05:45am
James Hardie notes ASICs move to appeal
James Hardie Industries SE says it wont comment on the corporate regulators decision to seek leave to appeal a courts overturning of bans on seven of the companys former directors.The ... ...Mon 17th January 2011 - 05:23am
Nufarm hit with legal actions on guidance
Nufarm Ltd says it will vigorously defend two class actions by shareholders alleging the company engaged in misleading conduct relating to its full year result for the 2009-10 financial year.Shareholders- ... ...Mon 17th January 2011 - 05:18am
Independent expert backs AMP AXA deal
AMP Ltds multi-billion takeover bid for AXA Asia Pacific Holdings AXA APH has been boosted with an independent expert finding the proposal to be fair and reasonable.In an explanatory memorandum ... ...Mon 17th January 2011 - 05:16am
Australia shares end down 0.8 as flood tally hits
MARKETS-AUSTRALIA-STOCKS UPDATE 4-Australia shares end down 0.8 as flood tally hits ...Mon 17th January 2011 - 05:15am
Euro dips before eurozone finance meeting
The European single currency fell against the dollar on Monday in muted trade before a meeting of eurozone finance ministers and amid a public holiday in the United States- dealers said.In London deals- ... ...Mon 17th January 2011 - 05:10am
Flood-related budget cuts could kill cross-river rail
Queensland Transport Minister Rachel Nolan says budget pressures after the floods could hit Brisbanes proposed cross-river rail project.The planning thats happened so far has been designed ... ...Mon 17th January 2011 - 05:09am
ACT leading economic growth
New research shows the ACT has the countrys strongest economy- outstripping the performance of the resource-rich states.Commsecs State of the States report shows the Territorys low unemployment ... ...Mon 17th January 2011 - 04:59am
More cabs in taxi overhaul
There will be more cabs on Canberra roads this year as part of an overhaul of the taxi industry.The ACT Government is releasing 25 new standard licence plates and four wheelchair taxi plates.It is one ... ...Mon 17th January 2011 - 04:46am
Taj mansion in Perth may be broken up
An unfinished Perth mansion- dubbed the Taj-Mahal-on-the-Swan- may be torn down and the site subdivided after its fertiliser tycoon owners decided to leave Australia.Pankaj and Radhika Oswal- currently ... ...Mon 17th January 2011 - 04:41am
More cabs in taxi overhaul
There will be more cabs on Canberra roads this year as part of an overhaul of the taxi industry.The ACT Government is releasing 25 new standard licence plates and four wheelchair taxi plates.It is one ... ...Mon 17th January 2011 - 04:38am
Apples Steve Jobs taking new medical leave
Apple chief executive Steve Jobs announced Monday he is taking a new leave of absence from the technology company so I can focus on my health.The announcement- which could be a shock to the ... ...Mon 17th January 2011 - 04:37am
Australia shares drop on flood blow to economy
MARKETS-AUSTRALIA-STOCKS UPDATE 3-Australia shares drop on flood blow to economy ...Mon 17th January 2011 - 04:36am
Prosecutors seek 120 mn euros from Parmalat banks
Italian prosecutors are seeking 120 million euros from four foreign banks for selling Italian food giant Parmalats bonds despite knowing it was heading for financial collapse- a source said Monday.Milan ... ...Mon 17th January 2011 - 04:32am
Apples Steve Jobs taking new medical leave
Apple chief executive Steve Jobs announced Monday he is taking a new leave of absence from the technology company so I can focus on my health.The announcement- which could be a shock to the ... ...Mon 17th January 2011 - 04:28am
Brisbane industrial estate ravaged by flood
Small businesses are cleaning up and starting to count the cost of flooding at Sumner Industrial Estate in Brisbanes west.Bob Gillard owns Proforce Golf Supplies- he says the estate is not a pretty ... ...Mon 17th January 2011 - 04:26am
India software giant TCS profits up 30
Indias largest software exporter Tata Consultancy Services on Monday said profits rose nearly 30 percent in the third quarter- beating forecasts- as outsourcing orders strengthened.Consolidated net ... ...Mon 17th January 2011 - 04:20am
SA Treasurers days are numbered
South Australias Deputy Premier and Treasurer has held a news conference at which he has given a hint about his political future.Kevin Foley plans not to contest the next state poll but has told reporters ... ...Mon 17th January 2011 - 04:15am
Apples Steve Jobs taking new medical leave
Apple chief executive Steve Jobs announced Monday he is taking a new leave of absence from the technology company so I can focus on my health.At my request- the board of directors has ... ...Mon 17th January 2011 - 04:09am
Foley gives hint on SA political future
South Australias Deputy Premier has held a news conference at which he has given a hint about his political future.Kevin Foley- who is also state Treasurer- has told reporters he will remain as Minister ... ...Mon 17th January 2011 - 03:52am
Foley gives hint on SA political future
South Australias Deputy Premier has held a news conference at which he has given a hint about his political future.Kevin Foley- who is also state Treasurer- has told reporters he will remain as Minister ... ...Mon 17th January 2011 - 03:49am
Foley gives hint on SA political future
South Australias Deputy Premier has held a news conference at which he has given a hint about his political future.Kevin Foley- who is also state Treasurer- has told reporters he will remain as Minister ... ...Mon 17th January 2011 - 03:44am
Labour shortage likely in building industry after floods
The Housing Industry Association HIA in north Queensland says a skilled labour shortage is likely across the state as towns rebuild from the floods.HIA spokesman John Futer says demand for construction ... ...Mon 17th January 2011 - 03:36am
Consumer prices up in December- survey
Consumer prices rose in December- setting the scene for a sharp rise in the price of food in the wake of the Queensland floods.The TD Securities-Melbourne Institute inflation gauge rose 0.2 per cent in ... ...Mon 17th January 2011 - 03:11am
Floods to delay Territory work
The Queensland floods are expected to cause delays to Northern Territory building projects.The Master Builders Association in the Territory says most building suppliers are based in Brisbane. The Associations ... ...Mon 17th January 2011 - 03:04am
Europe divided over expanding euro crisis fund
Debate over adding firepower to the eurozones debt rescue funds heated up on Monday as Germany clashed with Brussels ahead of a meeting of finance ministers.European Commission president Jose Manuel ... ...Mon 17th January 2011 - 02:52am
Four offshore exploration permits granted for SA
BP has been given four permits for petroleum exploration in the basin of the Great Australian Bight- off the South Australian coast.Resources Minister Martin Ferguson says a total of seven permits will ... ...Mon 17th January 2011 - 02:30am
Australia floods to drive up coal price- analysts
Crippling floods in Australias resources-rich northeast could see the price of steelmaking coal more than double to record highs- analysts warn- squeezing costs for producers in China and India.Energy ... ...Mon 17th January 2011 - 02:29am
European stocks lower but gains for BP- Smiths
European stocks mostly drifted lower Monday with Wall Street on holiday- but BP shares rose after the British oil giant announced an Arctic exploration deal and share-swap with Russias Rosneft.Londons ... ...Mon 17th January 2011 - 02:22am
Businesses registering to help others hurt by floods
Queensland business owners should be able to register details from today about how they can help other businesses affected by floods.The Chamber of Commerce and Industry Queensland CCIQ has created the ... ...Mon 17th January 2011 - 02:22am
Inflation up in December- survey
The rate of inflation rose in December- setting the scene for a sharp rise in the price of food in the wake of the Queensland floods.The TD Securities-Melbourne Institute inflation gauge rose 0.2 per cent ... ...Mon 17th January 2011 - 02:14am
Floods highlight challenges of waterfront living
An economist on Queenslands Gold Coast says the Brisbane floods have highlighted the challenges that can confront waterfront property owners.Riverfront homes were among the thousands of properties ... ...Mon 17th January 2011 - 01:36am
Overseas floods coverage damaging tourism
Tourism authorities say international coverage of Queenslands floods is having a devastating effect on the industry.Some overseas newspaper reports say the entire Great Barrier Reef has been destroyed.Col ... ...Mon 17th January 2011 - 01:26am
Inflation remains above Reserves comfort zone
A leading private sector inflation measure shows inflation remains above the Reserve Banks comfort zone. The TD Securities-Melbourne Institute Inflation Gauge rose 0.2 per cent in December following ... ...Mon 17th January 2011 - 01:18am
Overseas floods coverage damaging tourism
Tourism authorities say international coverage of Queenslands floods is having a devastating affect on the industry.Some overseas newspaper reports say the entire Great Barrier Reef has been destroyed.Col ... ...Mon 17th January 2011 - 01:14am
Nufarm to fight class action
The law firm Slater and Gordon has filed a class action against fertiliser maker- Nufarm in the Federal Court- alleging it misled shareholders with its profit guidance in 2010.It is representing both institutional ... ...Mon 17th January 2011 - 01:09am
Nufarm to fight class action
The law firm Slater and Gordon has filed a class action against fertiliser maker- Nufarm in the Federal Court- alleging it misled shareholders with its profit guidance in 2010.It is representing both institutional ... ...Mon 17th January 2011 - 01:07am
Bell Financials annual profit to drop
Unaudited full year results from stock broker and financial advisory firm Bell Financial Group Ltd suggest the company will post a 21 per cent fall in profit.Bell said on Monday unaudited net profit after ... ...Mon 17th January 2011 - 12:43am
Australia shares dip on China tightening Transpacific up
MARKETS-AUSTRALIA-STOCKS UPDATE 2-Australia shares dip on China tightening Transpacific up ...Mon 17th January 2011 - 12:40am
Chinese apples headed for Australian shops
The Australian apple industry says it is concerned consumers will not know whether they are buying Chinese apple imports when they hit the shops as early as this week.The first containers of Chinese apples ... ...Mon 17th January 2011 - 12:25am
Bell Financials annual profit to drop
Unaudited full year results from stock broker and financial advisory firm Bell Financial Group Ltd suggest the companys will post a 21 per cent fall in profit.Bell said on Monday unaudited net profit ... ...Mon 17th January 2011 - 12:18am
Warehouse expresses confidence in ceo
The board of The Warehouse Group Ltd is playing down speculation that the company may dump chief executive Ian Morrice because of disappointing trading results.The made a public statement on Monday in ... ...Mon 17th January 2011 - 12:16am
Floods highlight flaws in distribution network- mayor
The North Burnett Council in southern Queensland says the recent flooding has highlighted how dependent the state is on being supplied from Brisbane.Essential supplies ran low in the region- when floodwaters ... ...Mon 17th January 2011 - 12:05am
Restaurant keeps whale meat tradition alive
To conservationists the whale is a majestic and intelligent beast to be celebrated and protected- but to some Japanese it is a tasty dish which can come sauteed- stewed or sliced up into sashimi.As clashes ... ...Mon 17th January 2011 - 12:00am
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