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Thursday, 27 November 2014

Abbott pleads with business to back budget; Vocation chair quits: Midday Roundup

Prime Minister Tony Abbott has called on the business community to help the government sell its economic agenda, as he faces a continued struggle to pass several of his government’s key budget measures. by Kirsten Robb and Eloise Keating
 

Tuesday, 25 November 2014

Aristocrat Leisure posts $16 million full-year loss; Napthine pledges $15m for Victorian home businesses: Midday Roundup

Poker machine maker Aristocrat Leisure has posted a $16 million full-year loss due to a writedown in the value of its Japanese business. by Kirsten Robb and Eloise Keating
 

Aussies tipped to spend $30 billion in December, but it’s not all holiday cheer: The three biggest problems facing retailers this Christmas

Cash registers will be ringing around the country this December, but it’s not all merriment and cheer for Aussie retailers. by Kirsten Robb
 

Small business regains confidence for Christmas

Small businesses have shrugged off budget doubts and are feeling more confident heading into Christmas, according to the Westpac-Melbourne Institute Small Business Index released today. by Kirsten Robb
 

Monday, 24 November 2014

Lambie quits Palmer United Party; Medibank IPO nets $5.6 billion for the government: Midday Roundup

Senator Jackie Lambie has broken ties with mining-magnate-turned-politician Clive Palmer this morning by resigning from the Palmer United Party. by Eloise Keating
 

Thursday, 20 November 2014

Quickflix seeks to raise $6 million as it takes aim at Netflix; Wesfarmers cleared to buy Pacific Brands’ Workwear Group: Midday roundup

Quickflix has moved quickly to secure its Australian dominance after Netflix confirmed it Australian launch yesterday, announcing it will seek to raise almost $6 million to secure new TV and movie content. by Andrew Sadauskas
 

Wednesday, 19 November 2014

Expert warns SME benefits of a free trade agreement with India could be limited

Prime Minister Tony Abbott has set a goal of achieving a free trade agreement with India within the next year following talks with his Indian counterpart Narendra Modi. by Andrew Sadauskas
 

RBA chief Glenn Stevens flags concern about Australian economy: Six key takeouts from his speech

RBA governor Glenn Stevens has voiced concerns with the economy in a speech at the Committee for Economic Development of Australia’s annual dinner in Melbourne last night. by Cara Waters
 

Tuesday, 18 November 2014

Asahi drinks to $200m settlement over sale deal; Vocation slashes 78 jobs: Midday Roundup

Japanese beverage giant Asahi has won a settlement of close to $200 million from two Australian private equity firms. by Kirsten Robb and Eloise Keating
 
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