2015年5月27日 星期三

2015-05-28 Australia Business


The Australian
   
Capital spending falls 4.4 per cent, more than expected for quarter   
The Australian
The winding down of the mining-investment boom is continuing to drag on the economy, with fresh figures showing a slump in planned spending on buildings and equipment, outstripping the decline economists had forecast. The Australian dollar fell sharply ...

Investment plans point to slow transition from mining   Sydney Morning Herald
EconomySwitch to non-mining still a way off for Australia   Financial Times
Aust capex fell 4.4% in Mar quarter   Sky News Australia

all 47 news articles »   


Sydney Morning Herald
   
Markets Live: Share selloff continues   
Sydney Morning Herald
11:14am: While some signs are emerging banks stocks are stabilising after their recent correction, CLSA suspects the sell-off isn't completely done yet and has a 'tactical underweight' on the sector - for now. "The banks could still get cheaper on the back of ...


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The Australian
   
Blackley to prove his worth at SCA in 'tough' media sector   
The Australian
Newly appointed Southern Cross Austereo CEO Grant Blackley will earn considerably less than his peers to turnaround the ailing media company, with a basic annual salary of $1 million. But the former Ten boss could earn an additional $800,000 if he meets ...

Southern Cross hires former Ten boss Grant Blackley as CEO   Sydney Morning Herald
Southern Cross hires Blackley as CEO   Sky News Australia

all 10 news articles »   


Sydney Morning Herald
   
Iron ore miners in for a 'very, very tough time'   
Sydney Morning Herald
The president of China's peak metallurgical industry has warned iron ore mining companies are in for a "very, very tough time" in coming years as the fierce competition between local steel producers will keep the commodity's price below $US65 a tonne.
Iron ore hits three-month high as China's port stocks drop   Reuters
Iron ore seen between $US55 and $US65: think tank   The Australian
Iron ore to trade between $US55 and $US65   SBS

all 9 news articles »   


NEWS.com.au
   
Aldi provides consumers with a rare opportunity to vent against the big chains ...   
NEWS.com.au
OPINION. ALDI'S rise happened naturally. The major supermarket chains seem genuinely surprised that Aldi is competition that is to be taken seriously. It's perplexing that they did not identify the rise of Aldi and its popularity among consumers earlier.
Woolworths board readies axe but own necks also on block   Sydney Morning Herald
How Woolworths and Coles can take on Aldi... because they will never win on ...   Daily Mail
Coles, Woolworths urged to target Aldi's weaknesses   The Australian Financial Review
The Land Newspaper   
Motley Fool Australia   
all 18 news articles »   


The Australian
   
Aust competitiveness slipping: study   
Herald Sun
Australia is clinging to a spot in the top 20 in global competitiveness rankings as economic performance and government efficiency drags the nation down compared to its rivals. The Committee of Economic Development of Australia (CEDA) released the local ...

Measuring the great Australian dumbening   MacroBusiness (blog)

all 8 news articles »   


Sydney Morning Herald
   
Supabarn's fruit juices claim 'Made in Griffith' when really from China, says ACCC   
Sydney Morning Herald
Picking up a house brand apple juice at a Supabarn store, you may have believed it used fruit from a quaint farm at the heart of NSW's Riverina. But a consumer watchdog investigation has found Supabarn's two litre apple juice, manufactured by the Real ...

Supabarn's fruit juices claim "Made in Griffith" when really from China, says ACCC   The Age
ACCC fines Griffith manufacturer for false claims   FOOD Magazine - Australia
Supabarn and The Real Fruit Juice Company fined for misleading customers ...   The Daily Telegraph

all 7 news articles »   


ABC Online
   
NSW Government warns CBD commuters to brace for disruption during Sydney ...   
ABC Online
Sydneysiders should brace for major disruptions when construction of the city's new light rail begins in the CBD in October, the New South Wales Government has warned. The Government has released a timeframe of major works, but said construction on the ...

Light rail work to disrupt Sydney CBD   Sky News Australia
Bike lanes out as George Street light rail project takes off   Sydney Morning Herald

all 13 news articles »   


The Australian Financial Review
   
AWU side deal 'artificially inflated membership'   
The Australian
The Australian Workers Union did a side deal with a cleaning company which resulted in it's members getting less than half what they would have under a new award, in return for a $25,000 payment which artificially inflated the union's membership.
AWU trades penalty rates for $75000, fake members   The Australian Financial Review
Vic MP to face unions royal commission   Daily Mail
Royal commission to investigate artificial inflation of membership of Victorian ...   ABC Online

all 4 news articles »   


The Australian Financial Review
   
Police await more evidence in CBA IT executives bribery scandal case   
The Australian Financial Review
The CBA case is the biggest alleged criminal scandal to hit the banking sector in years. AFR / The Multimedia Agency. by Marianna Papadakis. Police prosecuting two former Commonwealth Bank IT executives charged with bribery offences are waiting more ...

Commonwealth Bank sued amid bribery probe   The Australian
US charity sues CommBank in IT bribery scandal   ZDNet

all 13 news articles »   

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