A recent study shows that small to mid-sized businesses do not favor banks that want to build their lending books when the mortgage market slows down.
A consortium of coal mining firms has offered to buy Queensland's coal track network for $4.85 billion.
Foster's Group Limited intends to pursue a demerger of its beer and wine divisions to create separately listed businesses.
The Queensland Government declared on Wednesday its plans to build three brand new cities in the state's southeast from the ground up to answer to the problems of population growth.
Communications Minister Stephen Conroy has accused internet leader Google for an alleged privacy breach in the Western World after it collected personal information from online users as its cars took snapshots of the Australian streets.
Paint manufacturer Wattyl Ltd announced today that it has received an indicative, nonbinding and confidential takeover proposal of $1.30 per share from an overseas company.
Passengers aboard an Australian airline's new super jumbo have received a royalty treatment in Los Angeles on Tuesday (LA time).
The proposed 40 per cent resources super profits tax (RSPT) gained the support of a group of prominent Australian economists in the midst of mining giants' campaign against it.
Travel agency specialist Flight Centre Ltd has announced Tuesday that it is upgrading its earnings guidance from a low of $180 million to a maximum of $200 million for fiscal 2010 as it cited that encouraging overseas trade conditions are poised to deliver record profit to the company by the end of the year.
The Australian Bureau of Statistics (ABS) said last Tuesday that the country’s overall sales of new motor vehicles jumped by 8.4 percent in April with four-wheel drive units posting a record 28.7 percent increase in sales in the year leading to April.
The Australian Bureau of Statistics (ABS) said today that the country’s overall sales of new motor vehicles jumped by 8.4 percent in April with four-wheel drive units posting a record 28.7 percent increase in sales in the year leading to April.
SunGard has integrated executed, market-driven trade data derived from Quadriserv's AQS securities lending market into SunGard's Astec Analytics platform, its solution for securities lending performance measurement and program management. The integration of data from the AQS market alongside Astec's existing rate data continues the trend toward a market-driven approach to true price discovery and transparency for the securities lending industry.
Risk-averse banks, institutions and corporations in emerging markets who have been contemplating an entry into the derivatives arena and setting up their in-house derivatives operation to harness hedging and trading business in derivatives can now outsource their derivatives business to New Zealand-based WSD Global Markets, following the launch of its new offering from its India offices WSD INDIA, headquartered in South Mumbai.
Oil and gas explorer and producer Carpathian Resources Ltd announced it is conducting investigation on alleged irregularities in some of its past financial transactions.
Oil and gas explorer and producer Carpathian Resources declared on Tuesday it is pursuing an investigation on some irregularities pertaining to its past financial transactions.
Thorn Group Ltd posted a net profit after tax of $19.5 million, up by 32.8 per cent from previous year's $12.3 million.
Gindalbie Metals announced on Tuesday it will pursue its Karara iron project despite the mining companies' concerns on the proposed super profits tax by the government. However, the tax will cut down its returns for the project.
New South Wales Premier Kristina Keneally revealed on Tuesday that several Sydney's road systems and transportation may not push through.
The Federal Opposition has accused Prime Minister Kevin Rudd for politicizing Treasurer Ken Henry to reinforce its campaign on the resource super profits tax for miners.
One of the world's iron ore miners have accused the Rudd Government's claims that miners were not paying its full and fair share of taxes.
The proposed resource super profit tax prepared by Wayne Swan has faced another disapproval, this time from former banker and mining leader John Ralph, stating the move as risky.
Transurban Group Ltd chairman David Ryan defended the company and its Board on its decision to turn down improved takeover offers from the Canada Pension Plan Investment Board (CPPIB), CP2 Ltd and Ontario Teachers' Pension Plan (OTPP).
Executives of Rio Tinto said on Tuesday the Federal Government's proposed resources super profits tax has already been damaging the nation's reputation as an investment destination, which threatens the Australian economic stability.
The Australian Competition and Consumer Commission (ACCC) is seeking for a $40 million penalty to be imposed on Telstra Corporation Ltd for alleged breaches of the company's competitive obligations under federal law.
Atlantic Ltd announced today that the proposed resources super profits tax (RSPT) will have minimal impact on its Windimurra vanadium project due to its large existing capital base and the circumstances under which the project will be acquired.
Moody’s Investors Service has reported on Monday that Australia’s building societies are standing on solid ground with anticipated growths in their deposit base as the country’s economy is on its way to further recovery.
Woolworths on Monday declared its plans to upgrade its hardware chain by acquiring Gunns Limited's five store in Tasmania for $40 million.
Another company has publicly aired out its disapproval on the federal government's resource super profit tax as it will damage the resources sector.
It was revealed that a new political party is planning to combat the federal government's proposed mining tax for the benefit of Western Australians.
South Africa's Aspen Pharmacare Holdings Ltd has been confirmed as the surprise bidder for Sigma Pharmaceuticals Ltd.
