Santos
News and interviews on Santos including trends, features, blogs and community conversations from an Australian business perspective.
Construction work falls 2.4% in September quarter, Shares fall: Economy RoundupThursday, 20 January 2011
The value of total building work done in the September quarter fell by a seasonally adjusted 2.4% to $21.8 billion, according to the latest figures from the Australian Bureau of Statistics. ...
Unemployment falls to 5% in December but jobs growth weak: Economy Roundup
Thursday, 13 January 2011
The unemployment rate fell to 5% from 5.2% in December, according to the latest figures from the Australian Bureau of Statistics. ...
Ireland's struggle to cope alone: Maley
Tuesday, 16 November 2010
Pressure on Ireland to sign up for emergency rescue plan has intensified after Portugal warned that it risked becoming collateral damage of the collapse in investor confidence in Ireland. ...
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. ...
Opposition calls on Swan to limit mortgage rate movements beyond BRA rises: Economy Roundup
Thursday, 21 October 2010
Opposition treasury spokesman Joe Hockey has called on the Government to stop banks from lifting interest rates above and beyond any movements by the Reserve Bank of Australia. He called on the use of legislation to do so, if necessary. ...
Receivers claim assets of collapsed furniture group Timberland were transferred to new companies
Wednesday, 22 September 2010
Receivers of collapsed furniture chain Timberland Group have launched legal action to try to secure the assets of the company, after claiming that the assets of the collapsed company have been transferred into a new company without payment. ...
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. ...
Commonwealth Bank describes 2011 outlook as uncertain: Economy Roundup
Friday, 17 September 2010
Commonwealth Bank chairman David Turner has said in the company's annual report the outlook for 2011 is uncertain and that universal banking regulations will only increase costs. ...
Unemployment falls to19-month low, US growth outlook worsens: Economy Roundup
Thursday, 09 September 2010
Jobs growth continued in August, with Australia's unemployment rate falling to 5.1% from 5.3% during August, according to the latest figures from the Australian Bureau of Statistics. ...
Fairfax Media names new directors, Trade surplus falls: Economy Roundup
Thursday, 02 September 2010
Fairfax Media has now named former Austereo chief executive Michael Anderson, and former Fairfax executive Gregory Hywood, as the company's two new directors. ...
Company profits up 19%, Shares jump 2% on US stimulus hopes: Economy Roundup
Monday, 30 August 2010
Gross operating profits increased by a seasonally adjusted 18.9% during the June quarter, according to the latest business indicators released by the Australian Bureau of Statistics. ...
Retail sales up 0.2% in June, Building approvals down again: Economy Roundup
Tuesday, 03 August 2010
Retail turnover increased by a seasonally adjusted 0.2% in June, following a 0.2% increase in May and a 0.6% rise in April, according to the latest figures from the Australian Bureau of Statistics. ...
Business conditions plummet in June quarter: Economy Roundup
Thursday, 22 July 2010
Business conditions plummeted during the June quarter, with the decline caused by concerns for sales and profitability, although employment conditions remain high, the latest NAB business survey has found. ...
eBay sued for $US3.8 billion, Swan to announce budget windfall: Economy Roundup
Wednesday, 14 July 2010
Online auction house eBay has been sued for $US3.8 billion by a company called XPRT Ventures, which has accused eBay and subsidiary brand PayPal of using its eCommerce technology to accept payments from consumers. ...
IMF upgrades Australia’s growth outlook: Economy Roundup
Friday, 09 July 2010
The Australian economy will grow at a faster than expected rate during the year ahead, according to the latest International Monetary Fund World Economic Outlook. ...
Prepare for a giant election brawl: Gottliebsen
Friday, 18 June 2010
The chairmen of the three biggest mining companies operating in Australia – BHP's Jacques Nasser, Rio Tinto's Jan du Plessis and Xstrata's Willy Strothotte – know they are playing the most dangerous game in international business – taking on an elected government ...
How Rudd will change the Resources Super Profits Tax: Gottliebsen
Friday, 11 June 2010
The mining industry is preparing for major changes in the government's proposed mining tax and those changes have coincided with resurgence in global optimism on the back of the big boost in China exports. ...
Virgin Blue shares fall 25% on profit warning: Economy Roundup
Friday, 28 May 2010
Troubled airline Virgin Blue has cut its profit guidance by up to 75% due to limited demand and low consumer confidence, with the company's shares plummeting 26% this morning as a result. ...
Retail sales up 0.3% in March, Shares slump again: Economy Roundup
Thursday, 06 May 2010
Retail sales increased by a seasonally adjusted 0.3% during March to $19.917 billion, according to official figures released today. ...
Australia’s richest man Andrew Forrest loses $184 million as mining tax spooks investors
Tuesday, 04 May 2010
The sharemarket has delivered a brutal assessment of who it thinks were the winners and losers from the Henry Tax Review – and mining entrepreneurs are in the gun. ...
