Sharon Olalia

Local Policies: Biggest Barrier to Investment in NSW

Concerns about the NSW planning system along with turbulence in international and national economic markets is keeping a cap on confidence in the state’s property sector, a new survey has revealed.
Oct 28, 2011

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.
Oct 28, 2011

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.
Oct 26, 2011

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.
Oct 26, 2011

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.”
Oct 26, 2011

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.
Oct 24, 2011

Leighton Asia to Build $1.2B Express Rail Link in Hong Kong

Leighton Asia in joint venture with Gammon has secured a A$1.2 billion contract from the MTR Corporation to construct the West Kowloon Terminus Station North, part of the Guangzhou-Shenzhen-Hong Kong Express Rail Link (XRL).
Oct 21, 2011

Why Fixed Housing Rates Can Cost More in the Long Run

As mortgage lenders continue slashing fixed home loan rates, Australia's financial comparison site RateCity warns availing even discounted rates can actually cost more for households in the long run.
Oct 21, 2011

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