New tax reporting system for builders makes for more red tape
Thursday, 17 May 2012
Plenty has been written about measures announced in the 2012 federal budget, so I won't go over old (although not very old) ground there.  ...

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Virgin passengers evacuated in Sydney, Shares edge higher: Midday Roundup
Thursday, 04 August 2011
A Virgin plane was grounded this morning in Sydney but the Australian Federal Police has declined to comment on speculation of a bomb threat.  ...

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Woolworths third-quarter sales rise, confirms full-year profit guidance: Midday Roundup
Monday, 18 April 2011
Retail giant Woolworths has defied a weaker market by trading up this morning, after reaffirming its full-year profit guidance and reporting a 5.1% increase in third quarter sales.  ...

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Talk of potential $46 billion BHP Billiton bid for Woodside stirs market: Midday Roundup
Monday, 11 April 2011
The Australian market is buzzing with the prospect of a BHP Billiton bid for oil and gas giant Woodside in what could be Australia’s biggest ever takeover.  ...

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Retail trade jumps 0.3% in September, BHP Billiton's Potash bid rejected: Economy roundup
Thursday, 04 November 2010
Retail trade increased by a seasonally adjusted 0.3% in September, following a 0.3% rise in August and a 0.7% rise in July, according to the latest figures from the Australian Bureau of Statistics.  ...

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Perpetual says private equity bid is too low, Shares move higher: Economy Roundup
Monday, 25 October 2010
Perpetual has said the $1.75 billion proposal from private equity firm Kohlberg Kravis Roberts is undervalued, with the company hoping to hold discussions regarding the bid.  ...

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How to rebuild your share portfolio
Tuesday, 14 September 2010
Despite last year's powerful rebound in share prices and the flow of promising economic news for Australian economy in recent weeks, the S&P/ASX200 is still only 68% of its record high of 6,827 reached on November 1, 2007.  ...

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Construction sector contracts in August, Domino’s says it has no plans to buy Crust: Economy Roundup
Tuesday, 07 September 2010
Activity in the construction sector contracted to a 13-month low with a lack of housing construction negating improvements in the commercial and engineering sectors, the new AIG-HIA construction survey reveals.  ...

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Sigma sells drugs division to Aspen for $900 million, Shares slip: Economy Roundup
Monday, 16 August 2010
Sigma Pharmaceuticals has finally agreed to sell the drugs division of its business to South African Aspen Pharmacare for $900 million, with the company's shares jumping 8% to 54c this morning.  ...

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THE BIG PICTURE: Economy's new speed limit
Monday, 16 August 2010
Is there a new speed limit for the economy? In the recent Statement on Monetary Policy, the Reserve Bank broadly left unchanged both its economic growth and inflation forecasts for the period out to 2012. On current figuring the Reserve Bank expects the economy ...

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Intoll receives $3.5 billion bid, US retail sales drop 0.5% in June: Economy Roundup
Thursday, 15 July 2010
Intoll Group shares have surged 31% this morning after the Canada Pension Investment Board announced a $3.5 billion takeover offer for the company.  ...

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NBN names preferred tenders, but SMEs still have a chance
Thursday, 24 June 2010
The National Broadband Network Company has slashed the number preferred bidders for the roll out of fibre networks across Australia by more than half, but while big contractors dominate the list of suppliers, analysts say SMEs still have a chance to get in ...

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Shares slump 2% on European debt fears: Economy Roundup
Monday, 17 May 2010
The Australian sharemarket has slumped 2% this morning, following weak leads from Wall Street last week as investors' fears over European debt problems resurfaced.  ...

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Myer profit jumps 38% in first half: Economy Roundup
Thursday, 11 March 2010
Department store giant Myer has said it expects to meet its full-year earnings guidance after recording a 38% increase in first-half net profit.  ...

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Business confidence jumps again, Shares flat: Economy Roundup
Tuesday, 09 March 2010
Businesses are now the most confident they have been in years as they take advantage of a sustained economic recovery, the latest results of the NAB business survey and economic outlook for February reveals.  ...

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Rio Tinto posts 23% decline in half-year profit, Shares flat: Economy Roundup
Friday, 12 February 2010
Mining giant Rio Tinto has recorded a massive 23% decline in half-year profit due to a fall in iron ore price, but also said its long-term outlook is good riding on demand from China and India.  ...

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THE WEEK AHEAD: The great rates balancing act
Monday, 08 February 2010
There are still only two certainties in life – death and taxes. Some thought that an interest rate hike in February was also a certainty, but the Reserve Bank showed that wasn't the case.  ...

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Toll road operator Connector Motorways collapses with debts of $1.16 billion
Thursday, 21 January 2010
Connector Motorways has collapsed into administration with $1.16 billion in debt after the expiry of a fourth stay of execution from financial backer MBIA Insurance.  ...

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Nicholas Bolton set to launch vulture fund
Monday, 18 January 2010
Maverick investor Nicholas Bolton is reportedly preparing to launch a vulture fund to target companies whose shares are trading to their net tangible asset value.  ...

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New home sales rise by 0.3% in November, $45 billion gas deal in doubt: Economy Roundup
Tuesday, 05 January 2010
New home sales rose during November after two consecutive months of falls, according to the latest figures from the Housing Industry Association.  ...

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