Sharon Olalia

Australia’s Leighton Confirms $600-$650M in Profits

Leighton Holdings (ASX: LEI) has confirmed the previously provided guidance for the 12 months to 30 June 2012 for an after tax profit of between $600-650 million after completing a detailed forecasting review across all of its operating companies.

Australian Retailers Wish RBA Would Play Santa

The Reserve Bank of Australia is in a position to give the Australian retail sector the Christmas present it’s been asking for, a cash rate cut next week, according to the Australian National Retailers Association (ANRA) . The comments come after the Australian Bureau of Statistics (ABS) released consumer price index (CPI) for the September quarter, showing a slow in inflation.

AusGroup to Build $22M Rio Tinto Iron Ore Plant

AusGroup announced Tuesday its construction, integrated services and fabrication company AGC Industries has been chosen to construct a low grade pilot plant at the Rio Tinto-operated Brockman 4 mine site located in the Pilbara region, Western Australia.

GetUp Calls On Australia to Deliver on its Asylum Seeker Promises

The online group GetUp has launched a campaign calling on the Australian government to return to its policy position of treating refugees and asylum seekers humanely, as outlined in the 2008 speech by former Immigration Minister Chris Evans, “New Directions in Detention.”

These Less Conventional Methods will Help Save to Own a Home

As saving for a home deposit becomes an even greater challenge with higher living costs, some borrowers are exploring unconventional ways to help them save sooner, according to Mortgage Choice, one of Australia's largest independently owned mortgage broker.

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