SABMiller, one of the world's leading brewers, is calling on the brewing industry to improve disclosure on environmental and social impacts.The company is taking a lead by publishing detailed information about the impacts of its own operations around the world, in an online format which allows for g...
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Jul 14, 2010
The Food and Agriculture Organization of the UN (FAO) is granting free and open access to its central data repository, FAOSTAT, the world's largest and most comprehensive statistical database on food, agriculture, and hunger, the UN agency announced last week.Previously, it was possible to download ...
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Jul 14, 2010
Nearly half of all Australian households say they worry over the threat of looming interest rate rises, but only 20 per cent say they expect to have to carry increased debt levels in the next few months.According to the results of the latest survey by Dun & Bradstreet, which polled consumer exp...
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Jul 14, 2010
Australian banking major National Australia Bank (NAB) embarked on a strategy this year of discounting its standard variable rate, is now starting to reap the rewards of the move, as it acquires a larger share of the home loan market.The number of home loans underwritten by Australia’s fourth larg...
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Jul 14, 2010
Gindalbie Metals Limited, emerging iron mining firm, projects to shell out $80.4 million in developing its Karara development project worth about $2 billion for the third quarter of this year, which is situated at the midwest area of Western Australia.
Christine Gaylican
Jul 13, 2010
IUCN (The International Union for Conservation of Nature) and Australia's third largest mining firm Rio Tinto today entered into a formal collaboration agreement, committing to work together over a three-year period.
Christine Gaylican
Jul 13, 2010
Arrow Energy Ltd. said it has not formally received an approved offer from China's state-owned PetroChina of its bid to acquire the A$3.5 billion ($3.1 billion) Australian coal-seam gas producer.
Christine Gaylican
Jul 13, 2010
A new study by the APRA (Australian Prudential Regulation Authority) has identified a huge discrepancy between the paid fees by superannuation retail funds and those paid for funds not-for-profit, indicating that retail fees show generation of revenues rather than actual expenses.
Christine Gaylican
Jul 13, 2010
The Townsville port is on the cusp of experiencing growth in its iron ore shipments, with the first shipment of two trial batches set to leave the port tomorrow bound for China’s Beilun Port, near Shanghai.
Christine Gaylican
Jul 13, 2010
Uranium producer Energy Resources of Australia Ltd (ERA) reported on Tuesday that the Darwin-based company suffered a 36 percent decline in its first half uranium oxide output even as it admitted that expected full year production could be up to 18 percent lower from the results posted last year.
Erik Pineda
Jul 13, 2010
NQBP Corp (North Queensland Bulk Ports Corporation), the government owned construction firm, has announced plans of exploring the viability of building a new Dudgeon Point export terminal, granting rights to Adani Group, an Indian construction firm, to head the project.
Christine Gaylican
Jul 13, 2010
Investment manager Aurora Funds Ltd saw a tamed debut at the Australian Stock Exchange (ASX) on Tuesday as its shares remained untouched by 1100 AEST and with merely 320 shares being traded by 1345 AEST, with its stock price steadying at $2.00 per share.
Erik Pineda
Jul 13, 2010
Andrew Forrest's Fortescue Metals Group stands the Gillard government's proposed minerals resources rent tax (MRRT) should not proceed in its current shape.
Sharon Olalia
Jul 13, 2010
Due to large amounts of rainfall this May, farmers of New South Wales are expecting some record-breaking harvest amounts for this winter, the NSW government has said.
Christine Gaylican
Jul 13, 2010
A sluggish morning trading affected Australia's stock market S&P/ASX 200 Index as it declined 0.3 percent to 4,397.50 as of 12:48 p.m. in Sydney. New Zealand's NZX 50 Index shed off 0.3 percent to 3,004.56 in Wellington.
Christine Gaylican
Jul 13, 2010
Minara Resources has reported its share of nickel produced at the Murrin Murrin mine in Western Australia slumped 15 per cent both on quarter and from the previous year.
Sharon Olalia
Jul 13, 2010
Mineral sands explorer Iluka Resources Ltd said on Tuesday that the company’s expected rutile production output from its Murray Basin Stage 2 project in Victoria would be a bit lower as compared to the announced forecast made in February.
Erik Pineda
Jul 13, 2010
Australian companies are set to deal with higher finance rates as the major banks reprice business loans.
Sharon Olalia
Jul 13, 2010
National Australia Bank may pump up to 387 million pounds ($A664.79 million) more into its British arm Clydesdale amid increasing pressures from UK regulators to aid local units .
Sharon Olalia
Jul 13, 2010
Heavy equipment specialist Emeco Holdings Ltd said on Tuesday that the company’s annual net profit should reach the lower rung of earnings guidance previously announced, effectively matching its targeted range of $40 million to $41 million and only $3 million shy from the maximum $44 million earlier set.
Erik Pineda
Jul 13, 2010
Queensland premier Anna Bligh has confirmed industry talk the state government has been encouraging proponents to combine projects.
Sharon Olalia
Jul 13, 2010
Canadian Ivanhoe Mines insists its shareholder rights plan does not violate any of British-Australian Rio Tinto's existing contractual rights.
Sharon Olalia
Jul 13, 2010
Australia's major banks are feeling the squeeze of rising funding costs but refuse to increase mortgage rates until after the federal election.
Sharon Olalia
Jul 13, 2010
DuluxGroup Limited has performed solidly on its own in its ASX (Australian Securities Exchange) debut on Monday.
Christine Gaylican
Jul 13, 2010
The total value of charge and credit card transactions, plus advances, posted at $19.631 billion last May, according to figures released by the RBA (Reserve Bank of Australia) on Monday.
Christine Gaylican
Jul 13, 2010
Victorian Premier John Brumby today cut the ribbon on Unibic's new $44 million biscuit and cake facility, which will produce Unibic's whole range, including the new Harvest Kitchen Soft Centre biscuits.The new purpose-built facility is capable of producing 4.5 tonnes of goods per hour, and includes ...
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Jul 13, 2010
New findings indicate that cocoa flavanols, the bitter antioxidants in cocoa beans, may be an important part of a healthy diet for people with cardiovascular disease, according to research by a team of researchers, including scientists from Mars.The study examined cells called CACs, circulating angi...
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Jul 13, 2010
National Farmers' Federation President David Crombie today warned that food scarcity is a reality that all Australians will need to face.“Australians need to brace for a future of higher prices for life’s essentials. It’s an inevitable consequence of more mouths to feed and less food to go aro...
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Jul 13, 2010
One of the largest global managers of fixed income securities, Pimco, says that Australia now offers the most investment opportunities in the developed world.During one of its regular updates to the global bond markets, David Fisher who runs global product management for Pimco also said there was a ...
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Jul 13, 2010
A research analyst with Macquarie Equities Research says he believes that Australian banking major National Australia Bank will be the first lender to raise its rates after the election.According to The Australian, banks will likely raise their interest rates prior to the Federal election, but accor...
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Jul 13, 2010