2015年2月17日 星期二

2015-02-18 Australia Business


Sydney Morning Herald
   
Not so Little: Meet the $340m winner in Japan Post's takeover of Toll   
Sydney Morning Herald
Toll Holdings' board has recommended investors accept a cash takeover bid worth $9.04 per share from Japan Post, valuing Australia's largest logistics company at $6.5 billion. The deal will give former Toll boss Paul Little a windfall of some $340 million.
Merged Toll Holdings to take on Australia Post   The Australian
Japan Post bid positive for Toll: union   9news.com.au
No major job cuts in Toll takeover   Herald Sun
New York Times   
Reuters   
Reuters UK   
all 115 news articles »   


Sydney Morning Herald
   
Seven West Media facing more tough decisions   
Sydney Morning Herald
Comment. "We love AFL but it is also well documented that we are not going to make an emotional decision on that." The upcoming expiration of its AFL broadcast rights deal is one of many things on the mind of Seven West CEO Tim Worner. Photo: Vince ...

Seven suffers near $1b first half loss   Perth Now
Stocks to watch   Trading Room
Seven shares rise despite $1bn loss   SBS
MuMbrella   
all 26 news articles »   


NEWS.com.au
   
Woodside focuses on cost cuts to battle oil slump   
Reuters
MELBOURNE Feb 18 (Reuters) - Woodside Petroleum Ltd , Australia's biggest oil and gas producer, said it would focus on cutting more costs to withstand a slump in oil prices, after reporting a record profit and paying a better than expected dividend.
Woodside boss Peter Coleman paid $8.5m   NEWS.com.au
Perth-based Woodside expects to cut more than 300 jobs   WA today
Woodside plans to cut more than 300 jobs   Perth Now
Yahoo Finance UK   
all 58 news articles »   


Sydney Morning Herald
   
Rates below 2% won't help households and will inflate asset bubbles ...   
Sydney Morning Herald
Australian households may not feel any more confident about the economy and could be caught out by asset bubbles if rates are cut below 2 per cent, says a growing number of economists and market analysts. Morgan Stanley strategist Daniel Blake, who ...


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ABC Online
   
Arrium records $1.5b loss on iron ore writedown   
ABC Online
Arrium has recorded a massive $1.5 billion first-half loss, after writing down asset values due to the plunging iron ore price. The writedowns included $1.34 billion announced last month, plus $70 million of lost tax assets after the mining tax was repealed and ...

Arrium post massive $1.5 billion loss   Australian Mining
Arrium posts $1.5b loss on iron ore collapse   The Age
Mining jobs, profits suffer another blow   The New Daily
Sydney Morning Herald   
The Australian   
all 20 news articles »   


Herald Sun
   
Melbourne's Flinders Street Station to get $100m upgrade, Victorian Government ...   
ABC Online
Melbourne's Flinders Street Station will get a $100 million facelift to repair its famous clock tower, upgrade platforms and toilets, and make it "more functional for passengers", the Victorian Government has announced. Premier Daniel Andrews said the ...

Decaying Flinders St to get $100m upgrade   Yahoo!7 News
Flinders St station rescue mission   3AW
Decaying Flinders Street Station to get $100 million facelift   The Age

all 13 news articles »   


Herald Sun
   
Insurance premiums to remain flat   
The Australian
INSURANCE premiums are likely to hold steady in 2015 thanks to tough competition and soft inflation, one of the country's largest insurers says. INSURANCE Australia Group, which owns the NRMA Insurance and CGU brands, kept personal insurance ...

IAG shares slip on H1 profit fall   Perth Now
Insurance Australia Group H1 profit slips 10%   Brisbane Times
Insurance Australia Group profits fall by 10%   Sydney Morning Herald
CommBank MyWealth   
all 39 news articles »   


New York Times
   
A Possible Day of Reckoning, Again, for Greece and Europe   
New York Times
For anyone who spent the years 2010 to 2012 obsessing over the fate of the eurozone during the crisis set off by Greek debt, the last few days have been a time of uncomfortable déjà vu. There are messy, protracted negotiations in Brussels, a game of chicken ...

FOREX-Euro firm as markets pin hopes on Greek debt deal   Reuters
Grexit edges closer as EU debt talks remain deadlocked   Irish Independent
Greece rejects 'blackmail' in eurozone debt deal row   DAWN.com
Bloomberg   
Wall Street Journal   
Reuters UK   
all 3,686 news articles »   


Sydney Morning Herald
   
Bega Cheese profits fall 68% after milk powder plunge   
Sydney Morning Herald
Dairy group Bega Cheese has reported a 68 per cent dive in half-year profit to $6 million due to a plunge in dairy commodity prices, higher milk costs, and investment in milk supply growth programs. The NSW-based group, which wraps and packs cheeses ...

Bega shares slide on profit fall   The Daily Telegraph
Bega reports a profit bite   The Land Newspaper

all 12 news articles »   


ABC Online
   
Backpackers, illegal labour cruelling Seasonal Worker Program for islander ...   
ABC Online
Ready access to backpackers keen to extend their holiday and a failure to curb the use of illegal labour are to blame for the limited uptake of a Government scheme to encourage farmers to hire Pacific Islanders, a World Bank report has found. The nationwide ...


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