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Leighton Holdings
News and interviews on Leighton Holdings including trends, features, blogs and community conversations from an Australian business perspective.
New tax reporting system for builders makes for more red tape
There might not be a lot of work in the building industry at the moment, but builders and contractors will have a little more red tape to keep them busy courtesy of the Tax Office.
Virgin passengers evacuated in Sydney, Shares edge higher: Midday Roundup
A Virgin plane was grounded this morning in Sydney but the Australian Federal Police has declined to comment on speculation of a bomb threat.
Woolworths third-quarter sales rise, confirms full-year profit guidance: Midday Roundup
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.
Talk of potential $46 billion BHP Billiton bid for Woodside stirs market: Midday Roundup
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.
Retail trade jumps 0.3% in September, BHP Billiton's Potash bid rejected: Economy roundup
Wall Street, local market up; Rio Tinto chief says iron ore supplies still tight.
Perpetual says private equity bid is too low, Shares move higher: Economy Roundup
Leighton Holdings subsidiary Leighton Offshore has signed a $733 million contract with Iraqi group South Oil Company to install pipelines in the Gulf.
How to rebuild your share portfolio
Don't just wait for your shares to eventually return to their previous highs, adopt some serious, straightforward strategies to rebuild your portfolio.
Construction sector contracts in August, Domino’s says it has no plans to buy Crust: Economy Roundup
Domino's Pizza releases a statement saying it has no plans to acquire the Crust Pizza chain.
Sigma sells drugs division to Aspen for $900 million, Shares slip: Economy Roundup
Woodside Petroleum annouces it has made a gas discovery in WA, increasing hopes it will make an investment decision to expand its Pluto project.
THE BIG PICTURE: Economy's new speed limit
A quieter week is in prospect with the spotlight on the Reserve Bank and wage data.
Intoll receives $3.5 billion bid, US retail sales drop 0.5% in June: Economy Roundup
Stock markets have finished flat in the US after the Federal Reserve suggested new measures may be required in order to help the country's sluggish economy.
NBN names preferred tenders, but SMEs still have a chance
NBN slashes the number of preferred bidders for the roll out of fibre networks across Australia by more than half.
Shares slump 2% on European debt fears: Economy Roundup
The Australian sharemarket has slumped 2% this morning, following weak leads from Wall Street last week as investors' fears over European debt problems resurfaced.
Myer profit jumps 38% in first half: Economy Roundup
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.
Business confidence jumps again, Shares flat: Economy Roundup
Workers at the Pluto liquefied natural gas project in WA have been exposed to high levels of asbestos, the Manufacturing Workers Union has said.
Rio Tinto posts 23% decline in half-year profit, Shares flat: Economy Roundup
Property development group Charter Hall has purchased Macquarie Group’s real estate management platform, and announced an equity raising of $220 million.
THE WEEK AHEAD: The great rates balancing act
The strength of our economy and our dependence on the fast-growing Asian nations will keep the currency at higher levels against the greenback than in the past.
Toll road operator Connector Motorways collapses with debts of $1.16 billion
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.
Nicholas Bolton set to launch vulture fund
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.
New home sales rise by 0.3% in November, $45 billion gas deal in doubt: Economy Roundup
A $45 billion deal between Woodside Petroleum and China's largest oil and gas distributor, PetroChina is in question after terms were not settled by a deadline.
