2015年1月28日 星期三

2015-01-29 Australia Business


ABC Online
   
Fortescue slashes costs to counter falling iron ore prices   
ABC Online
Andrew Forrest's Fortescue Metals Group is furiously treading water as it attempts to slash costs to counter the alarming slump in iron ore prices. FMG's quarterly production report, released this morning, reveals a dramatic shift in the company's focus, from ...

Fortescue boosts output, cuts costs for second quarter   The Australian
Fortescue shares soar on lower costs   NEWS.com.au
Fortescue still profitable despite iron ore slide   Sydney Morning Herald
Reuters   
The Age   
Herald Sun   
all 185 news articles »   


TheBull.com.au
   
Share market lifts after weak start   
The Age
The share market is higher despite a weak start to trade, due to expectations the Reserve Bank will soon cut interest rates. CMC Markets chief market analyst Ric Spooner said the turnaround from early falls was surprising given a weak session on Wall Street ...

It's what the Federal Reserve didn't say that matters   The Australian
Share market down on weak US leads   TheBull.com.au
Australian shares gain as eyes turn to the Fed   Sydney Morning Herald
Yahoo!7 News   
all 17 news articles »   


Business Recorder
   
Australian dollar slides on rate cut talk   
The Australian
THE Australian dollar is US1c lower against the US dollar following reports the Reserve Bank is considering an interest-rate cut. At 12:50pm (AEDT), the local unit was trading at US78.97c, down from US80c yesterday. Westpac senior currency strategist Sean ...

Aust dollar below 79c on RBA rumours   Perth Now
RBA Rate-Cut Pressure Builds as Global Easing Wave Sweeps Closer   Bloomberg
Dollar up, but inflation dents expectations of rate cut   Sydney Morning Herald
The New Daily   
all 208 news articles »   


Sydney Morning Herald
   
Westpac to offload South Pacific operations   
The Australian
WESTPAC will offload its banking operations in Samoa, Cook Islands, Solomon Islands, Vanuatu and Tonga as it looks to sharpen its focus on the more lucrative Fiji and Papua New Guinea markets. In a statement, the lender said it had entered into an ...

Westpac to sell off some of its Pacific operations   Sydney Morning Herald
Westpac Bank sells Pacific assets for $125M (00:43)   WA today
Westpac Bank sells Pacific assets for $125M   Finance News Network
The Daily Telegraph   
Fiji Broadcasting Corporation   
all 21 news articles »   


NEWS.com.au
   
First class travel is about to get even better   
NEWS.com.au
THE life of a Qantas first class passenger is about to get even better with the airline to roll out virtual reality technology in the pointy end of the plane. In partnership with Samsung Electronics Australia, Qantas will trial VR headsets to improve passengers' in ...


and more »   


Sydney Morning Herald
   
PanAust beats guidance but hints at writedowns   
Sydney Morning Herald
Copper miner PanAust has beaten analyst expectations for the December quarter and exceeded its full-year guidance, but could yet join the long list of miners to report asset writedowns in February. PanAust indicated on Thursday the carrying values of some ...

PanAust Buckles Down as Suitors Step Back   Wall Street Journal

all 3 news articles »   


TheBull.com.au
   
Stocks to watch   
Trading Room
Energy giant Oil Search plans to cut costs following the recent slide in oil prices and has flagged up to $US200 million ($A252.37 million) in asset writedowns. Oil Search on Thursday said it would reduce capital expenditure and was reviewing operating costs, ...

Oil Search Ltd to cut spending to cope with crash of crude price   Reuters
Oil Search to take up to $US200m write-downs   Sydney Morning Herald
Oil Search hits record FY production   Herald Sun
The Australian   
Brisbane Times   
all 21 news articles »   


AWE group affirms FY15 guidance   
The Daily Telegraph
AWE has affirmed its production, revenue and expenditure targets for 2015, as it quarterly production falls 16 per cent. The oil and gas explorer said its production for the three months to December 31 totaled 1.17 million barrels of oil equivalent (mmboe), a fall ...


and more »   


Sky News Australia
   
Budget Must Provide Community Sector Sustainability - ACOSS   
Pro Bono Australia
Australia's peak welfare body has urged the Federal Government to focus on restoring revenue by addressing inefficient tax arrangements, rather than through spending cuts to end the “severe uncertainty, chaos and deep confusion” in the sector.
Calls to scrap private health rebate rejected by Mathias Cormann   The Australian
Govt committed to health insurance rebate   SBS
Abbott government's second budget must be fairer than its first, says ACOSS   Sydney Morning Herald
ABC Online   
Sky News Australia   
all 24 news articles »   


Ferret
   
Knauf Plasterboard expected to announce construction of new Bundaberg Port ...   
ABC Online
A multi-million dollar manufacturing company is today expected to announce it will begin the construction phase of a new factory at the Bundaberg Port in south-east Queensland. Knauf Plasterboard Limited currently manufactures and distributes plasterboard ...

Port of Bundaberg to get new plasterboard manufacturing facility   Ferret

all 4 news articles »   

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