Canberra fast-track approval to Clive Palmer’s coal project, Rivals consider Cadbury bid: Economy Roundup
Thursday, 19 November 2009
The Federal Government has given approval to fast-track plans for a coal and rail project being developed by billionaire Clive Palmer.  ...

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Breville rejects GUD takeover, Tanner flags harsh budget cuts: Economy Roundup
Monday, 16 November 2009
Electrical appliance maker Breville has rejected a takeover offer from GUD, saying a report given to the company analysing the offer has found it is too low.  ...

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Kraft launches hostile bid for Cadbury, Shares jump after big rise on Wall Street: Economy Roundup
Tuesday, 10 November 2009
Confectionary maker Cadbury has rejected a $17 billion takeover offer from Kraft foods for the second time, after Kraft refused to raise the value of the deal.  ...

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Billionaire Clive Palmer rushed to hospital, Shares flat: Economy Roundup
Monday, 12 October 2009
Australia's fifth richest man has been hospitalised after suffering chest pains while watching a Gold Coast United soccer game.  ...

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Ken Henry warns against winding back stimulus, Telstra shareholder anger grows: Economy Roundup
Friday, 09 October 2009
Treasury Secretary Ken Henry has said before a Senate inquiry into the Rudd Government's stimulus package that he remains cautious about the economy, and that winding back stimulus could cost jobs.  ...

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Services sector improves, Babcock & Brown to launch capital raising, Shares open flat: Economy Roundup
Monday, 05 October 2009
Activity in the Australian services sector has contracted at its slowest pace in a quarter during September, according to the latest Australian Industry Group/Commonwealth Bank Performance of Service Index.  ...

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Shares fall after Wall St drops 200 points, inflation falls to 1.3%, IMF flags global recovery: Economy Roundup
Friday, 02 October 2009
The Australian sharemarket has opened almost 2% lower after Wall Street suffered its worst day in a quarter due to pessimistic results from official labour data and a private reading of manufacturing activity.  ...

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Productivity Commission draft clamps down on executive salaries
Wednesday, 30 September 2009
Company executives and key management personnel should face regulations that would give shareholders power to reject a board if a remuneration policy is voted against at two successive meetings, the Productivity Commission has recommended.  ...

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Solomon Lew warns retail conditions uncertain, Optus revenue up: Economy Roundup
Tuesday, 22 September 2009
Premier Investments, which acquired clothing retailer Just Group during the start of the year, has announced a profit rise of 98% to $82.7 million during the 2009 financial year, compared to last year's result of just $41.8 million.  ...

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Directors of collapsed Babcock & Brown set to be dragged before public examinations
Monday, 21 September 2009
The liquidators of collapsed financial services company Babcock & Brown say they have been overwhelmed by the support from disgruntled creditors who have stumped up more than $300,000 to fund public examinations of the directors of the failed company.  ...

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Australian dollar still above US87c, Shares fall: Economy Roundup
Friday, 18 September 2009
The Australian dollar has eased slightly in morning trade after the currency broke through the US87c barrier yesterday.  ...

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Construction sector still struggling, G20 will keep stimulus measures going: Economy Roundup
Monday, 07 September 2009
Australia's construction sector continues to struggle according to a new survey from the Australian Industry Group, but there are signs that the pace of decline is at least slowing.  ...

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Is Kerry Stokes poised to launch a takeover offer for James Packer’s Consolidated Media? Economy Roundup
Friday, 04 September 2009
Shares in James Packer's Consolidated Media have jumped almost 5% after the company revealed that Kerry Stokes' Seven Network has requested a copy of Consolidated Media's share register.  ...

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Gorgon LNG project given government approval, Seven Network profit plunges: Economy roundup
Wednesday, 26 August 2009
Federal environment minister Peter Garrett has authorised the multi-billion dollar Gorgon LNG project, which will create 6,000 jobs at its peak in an expansion of liquefied natural gas across Australia.  ...

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Obama set to reappoint Bernanke, Babcock & Brown to be liquidated: Economy roundup
Tuesday, 25 August 2009
US President Barack Obama is reportedly preparing to appoint Ben Bernanke as chairman of the Federal Reserve for a second term, in an event in Massachusetts.  ...

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Babcock and Brown may have traded while insolvent: Report
Friday, 14 August 2009
Collapsed financial services giant Babcock & Brown may have been insolvent three months before it was placed in administration, according to a report from the company's administrator.  ...

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Eight signs of a rotten stock
Monday, 03 August 2009
Had you been unfortunate enough to have had the likes of ABC Learning Centres, Babcock & Brown or, more recently, Timbercorp in your portfolio, a little homework could alert you to the signs to help you steer clear of doomed stocks in the future.  ...

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Near-death by debt
Thursday, 25 June 2009
William Scott knows he's a pretty lucky guy. For the past four months, while he was desperately trying to put together a rescue bid for his company, experts, journalists and investors were telling him the same thing - you have very little chance of avoiding ...

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Rich 200 loses $25 billion
Wednesday, 27 May 2009
Australia's richest men and women have lost a collective $25 billion due to the global financial crisis, amounting to the largest drop in wealth in BRW's Rich 200's 26-year history.  ...

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Rich list 2009: A sneak peek
Monday, 25 May 2009
The big day for wealth watchers is almost here. On Thursday, BRW magazine will release its annual Rich 200 edition, which promises to be one of most fascinating in years.  ...

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