The hedge fund guru's next move
Monday, 20 September 2010
There aren't many Australian investors who can move a market like Phil Mathews, the elusive hedge fund manager who owns Mathews Capital Partners.  ...

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Woolworths shocks market by lowering sales guidance: Economy Roundup
Friday, 30 April 2010
Woolworths has announced a 4.7% improvement in third quarter sales, but has surprised the market by lowering its full year sales forecast due to inflationary pressures. Year to date sales growth is at 5.3%, within previous guidance, but the company warned that ...

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Telstra rejects NBN negotiation rumours: Economy roundup
Wednesday, 14 April 2010
Telecommunications giant Telstra has rejected rumours it has concluded negotiations with the Government regarding the National Broadband Network after a spike in the trade of its shares.  ...

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Unemployment steady in March: Economy Roundup
Thursday, 08 April 2010
The unemployment rate has remained constant at 5.3% during March, according to the latest figures from the Australian Bureau of Statistics.  ...

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Westpac under pressure to raise rates, Rudd and Abbott set to debate health: Economy Roundup
Tuesday, 23 March 2010
Westpac is under pressure to increase interest rates on customers, chief executive Gail Kelly has reportedly told a private shareholders briefing.  ...

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Stern Hu trial starts behind closed doors, car sales fall in February: Economy Roundup
Monday, 22 March 2010
The trial of four Rio Tinto executives, including Australian citizen Stern Hu, will begin today in China with all four accused of receiving bribes in order to steal company secrets.  ...

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Australian Industry Group calls for $12 boost to minimum wage: Economy Roundup
Friday, 19 March 2010
The Australian Industry Group has called for Fair Work to take a cautious approach in adjusting the minimum wage, saying the ability of businesses to hire could be affected.  ...

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Economists expect RBA to keep rates on hold in April: Economy Roundup
Tuesday, 16 March 2010
Economists expect the RBA to keep rates on hold in April following the release of the minutes of the Bank's March meeting.  ...

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House lending falls 5% in January, Henry tax review to be released before May: Economy Roundup
Monday, 15 March 2010
The total value of owner occupied housing commitments, excluding alterations and additions, decreased by a seasonally adjusted 5% in January, according to the latest figures from the Australian Bureau of Statistics.  ...

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Arrow Energy gets $3 billion takeover offer from Shell, Shares up: Economy Roundup
Monday, 08 March 2010
Energy group Arrow Energy has received a takeover offer of about $3.3 billion from the Anglo-Dutch oil group Royal Dutch Shell.  ...

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Business confidence falls sharply in December: Economy Roundup
Tuesday, 02 February 2010
Business confidence declined in April due to rising interest rates and more negative trading conditions, according to the latest National Australia Bank monthly confidence survey. Confidence dropped 11 points to eight in December, with retail, transport and ...

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RBA Governor sees no sign of recession, sharemarket surges more than 3%: Economy roundup
Monday, 08 September 2008
RBA Governor Glenn Stevens says there are no signs that the Australian economy is heading towards recession, but has warned that it will take at least six months before inflation starts to ease. ...

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The front burner
Saturday, 07 June 2008
There is no hotter sector in Australia right now than the gas industry. JAMES THOMSON uncovers 11 gas entrepreneurs who have made tens of millions of dollars in a matter of months. ...

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Is this Australia’s secret billionaire?
Thursday, 05 June 2008
The best performing investment fund in the world is a small fund in Sydney called Mathews Capital, run by a former stockbroker named Phil Mathews. Mathews and his fund are currently being whispered about in hushed tones in cafes around Sydney. Some say he ...

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