2014年11月23日 星期日

2014-11-24 Australia Business


The Australian Financial Review
   
BHP targets deeper cost cuts to combat commodities rout   
Reuters
MELBOURNE Nov 24 (Reuters) - BHP Billiton stepped up its cost-cutting plans on Monday as the world's biggest miner battles a sharp slide in iron ore, coal and oil prices. BHP expects to reap savings of $4 billion by June 2017, up from an earlier forecast for ...

BHP Looks at Copper Expansions as Forecasts Deficit From 2018   Businessweek
The delicate balancing act beneath BHP's simplification strategy   Business Spectator
Mackenzie shrinks BHP to greatness   The Australian Financial Review
RTT News   
SBS   
Business Insider Australia   
all 67 news articles »   


Sydney Morning Herald
   
Woolworths' Project Oxygen leaves supermarkets gasping   
Sydney Morning Herald
On November 10, Woolworths and its US partner, Lowe's, quietly tipped another $90 million into their struggling hardware business Masters Home Improvement. According to the latest Australian Securities and Investments Commission filings, it brings total ...

Woolworths Limited seeing more red from Masters stores: Should you buy, sell ...   Motley Fool Australia

all 4 news articles »   


The Age
   
Gina Rinehart slams 'negativity' regarding mining industry   
The Age
“For an industry that delivers so much, wouldn't you think there would be just a little more understanding and less negativity for what mining contributes to our country?”: Gina Rinehart said in a speech in Darwin on Saturday. Photo: Joe Armao. Gina Rinehart ...

While Australian Miners Declare End of Massive Expansion of Iron Ore, Gina ...   International Business Times AU
Gina Rinehart says Australia would not survive without mining   Ferret
Rinehart warns on mining regulation   Perth Now

all 36 news articles »   


Bloomberg
   
Australia Raises A$5.7 Billion as Abbott Sells Medibank IPO   
Bloomberg
Australia raised A$5.68 billion ($4.9 billion) selling shares of Medibank Private Ltd. in the country's second-largest initial public offering. The government sold about 2.7 billion shares in the nation's biggest health insurer at A$2.15 apiece for institutional ...

Medibank money for roads, not debt:Cormann   The Australian
Medibank set for strong first day   Perth Now
Australia to net $6.4b from insurer's IPO   AsiaOne

all 86 news articles »   


Sydney Morning Herald
   
Markets Live: FMG soars on sugar hit   
Sydney Morning Herald
10:19am: What a start to the week! Iron ore miners are running hard in early trade on hopes Chinese authorities will act further to shore up the country's slowing economy, with Fortescue surging 10 per cent on much larger than average volumes. BHP and Rio ...

Markets Live: Sugar hit from China   The Age

all 5 news articles »   


Wall Street Journal
   
China Bonds Rally as Surprise Interest-Rate Cut Weakens the Yuan   
Businessweek
China's bonds rallied, pushing the 10-year yield down by the most since 2008, and the yuan weakened after the central bank unexpectedly cut interest rates. The People's Bank of China lowered its one-year lending and deposit rates for the first time since ...

RPT-China rate cut knocks legs from under yuan rally, more volatility seen   Reuters
China's rate cut: Should we buy it?   MarketWatch
$A rises after China's rate cut   Sky News Australia
Bloomberg   
BBC News   
Forbes   
all 819 news articles »   


Sydney Morning Herald
   
Advisers aside, FoFA can't stop dud investments   
Sydney Morning Herald
COMMENT. Most Australians could do with some sound financial advice. Photo: Louie Douvis. FoFA: That four-letter F word was thrown around a lot in Canberra last week, often with a great deal of heat and energy. But like the other F word, it mostly doesn't ...

Advisers aside, FoFA can't stop dud invesments   The Canberra Times
FOFA fiasco: no quick fix for the advice industry   The Conversation AU

all 4 news articles »   


ABC Online
   
Australian shares surge on China rate cuts   
ABC Online
The Australian share market is rising strongly, with mining stocks leading the way on Chinese rate cuts announced after the local market closed on Friday. The All Ordinaries index was up 63 points, or 1.2 per cent, at 5,355 shortly before midday (AEDT).
Australian stocks surge over 1pc at noon   The Australian
Shares open 51.1pts higher   Business News (subscription)

all 5 news articles »   


The Australian Financial Review
   
iiNet aims at NSW as it takes on the big boys   
The Australian Financial Review
iiNet head David Buckingham says the company has come out of a long stretch of acquisitions and is focused on trying to be really good at organic growth. Photo: Christopher Pearce, Getty Images. Max Mason. A year on from taking the reins at iiNet from ...

iiNet CEO David Buckingham gears up for growth   Sydney Morning Herald

all 6 news articles »   


ABC Online
   
Senator complains as ABC axes national rural radio program, Bush Telegraph   
ABC Online
One of the ABC's flagship rural programs, Bush Telegraph, has been axed as the national broadcaster deals with more than $250 million in funding cuts imposed by the Federal Government. Bush Telegraph is broadcast weekday mornings on Radio National ...

The ABC has flab to be cut   Brisbane Times
ABC's Bush Telegraph axed in cuts   The Age

all 9 news articles »   

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