2015年2月27日 星期五

2015-02-28 Australia Business


ABC Online
   
Woolworths first-half profit falls to $1.3 billion   
ABC Online
Woolworths' struggling home improvement business Masters is continuing to saw into the supermarket's bottom line, driving a 3.1 per cent drop in first-half profit to $1.28 billion. In a double blow for investors, Australia's largest grocery retailer has also ...

Woolworths revises down guidance, says sales not satisfactory   Sydney Morning Herald
Woolies suffers $4bn check-out   The Australian
Woolworths prices go down to compete with Coles, Aldi, Costco   Herald Sun
The Age   
Billionaires Australia   
Reuters   
all 113 news articles »   


Sydney Morning Herald
   
NAB scandal: Rogue financial planners given latitude by lack of regulation   
Sydney Morning Herald
It took a while for the axe to fall on Alfie Chong. For weeks, the National Australia Bank had held a report stating Chong was involved in "systemic breaches" flogging complex products to his financial planning clients. Chong was already under investigation by ...


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Sky News Australia
   
US dollar scores 8th straight month of gains   
Sky News Australia
The US dollar has edged higher against the euro, building on the prior day's sharp rally and closing February with its eighth consecutive month of gains. The greenback found support from the latest government estimate of economic growth in the fourth ...


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Chron.com
   
Stocks Slip After Weaker Growth, End Best Month Since 2011   
New York Times
February proved to be a strong month for U.S. stocks, even though it ended in downbeat fashion. Major stock indexes closed lower on Friday, capping a week of subdued trading that still delivered a couple of new highs for the Dow Jones industrial average ...

US Stocks Slip But Post Monthly Gains   Wall Street Journal
Wall St ends lower after GDP data   The Australian
US stocks end lower on GDP revisions   BBC News
Irish Independent   
Sky News Australia   
all 739 news articles »   


NEWS.com.au
   
Health fund premiums up 6.18 per cent   
Cowra Community News
FAMILES will pay up to $282 a year more for private health insurance after the federal Government yesterday (Friday, February 27) approved a premium rise more than three times the inflation rate. The rise is the second largest in a decade and comes as a ...

Private health insurance premiums to rise by 6.18%, as government signs off on ...   Sydney Morning Herald
Health fund premiums soar   The West Australian
Government approves health premiums to rise 6.2pc   The Australian
NEWS.com.au   
ABC Online   
Herald Sun   
all 24 news articles »   


Sydney Morning Herald
   
Australian coal industry edges towards the abyss as Rio Tinto, Glencore, Vale ...   
Sydney Morning Herald
The downturn in the Australian coal industry has deepened, with three big mining companies warning on Friday that more jobs will be cut, mines will close and assets will be written down to a shadow of their former value. After a week in which wages growth ...

Glencore plans to reduce coal production in 2015   SteelOrbis (subscription)
Swiss Mining Company Glencore to Cut Coal Production in Australia   Sputnik International
Glencore Cuts Australian Coal Production by About 15%   Wall Street Journal
Courier Mail   
Herald Sun   
BDlive   
all 74 news articles »   


Financial Times
   
Rio cost-cutting move points to possible sale of coal assets   
Financial Times
Rio Tinto has broken up its energy division in a cost-cutting move that analysts predicted could lead to a sale of its barely profitable coal assets. The Anglo-Australian group said on Friday its head of energy would leave the business, while its coal and uranium ...

Rio Tinto plc Stock Rating Reaffirmed by Jefferies Group (RIO)   Dakota Financial News
Insider Buying: Rio Tinto plc insider Acquires 414 Shares of Stock (RIO)   WKRB News
Glencore, Rio Tinto flag coal and iron ore job losses   The Australian
Reuters UK   
Stock Market Wire   
all 87 news articles »   


Beacon Review
   
Alan Joyce slams PC over unlimited access plan on Aussie capitals   
The Australian
QANTAS chief executive Alan Joyce says Productivity Commission recommendations that foreign airlines be allowed unlimited access to Australia's gateway cities are against the national interest. The PC report on Australia's international tourism industry said ...

Qantas CEO: Low cost gasoline to deliver even improved H2   Beacon Review
Qantas Airways, Virgin Australia fares rise as capacity war ends   The Australian Financial Review
Turnaround at Qantas starts to pay off for Joyce   CITY A.M.

all 18 news articles »   


The Australian
   
Cut, cut, reform: Treasury boss   
The Australian
Rapid spending growth, not weak revenue, is responsible for Australia's budget hole, which will continue to grow bigger, threatening future prosperity, unless the savings task starts now, Treasury secretary John Fraser has warned. In a tough first speech since ...

Time for debate on superannuation tax, says Treasury Secretary John Fraser   Sydney Morning Herald
No debt crisis in Australia but spending cuts needed, new Treasury secretary ...   ABC Online
High-income welfare set debt trap: Fraser   Courier Mail

all 27 news articles »   


Currency Watch
   
Forecasters Stay Negative on Australian Dollar at Bank of America   
Currency Watch
The Australian dollar (AUD) is set to end the month of February on the front-foot against the US dollar. However, forecasters at Bank of America Merrill Lynch (BofA) tell us they are confident that the AUD will trend lower in coming months. Recent Australian ...

AUD: RBA To Hold Fire Next Week But We Stay Short - Credit Agricole   eFXnews
Australian shares rally ahead of RBA meeting   The Australian
RBA expected to cut rates again   The New Daily
Action Forex   
NEWS.com.au   
all 64 news articles »   

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