2015年5月31日 星期日

2015-06-01 Australia Business


Sydney Morning Herald
   
Treasury boss John Fraser fears about investment in housing, points to home ...   
Sydney Morning Herald
Treasury Secretary John Fraser says Sydney's housing market is showing "unequivocal" signs of a housing bubble, as are up-market areas of Melbourne. He has pointed to the proliferation of television home renovation shows, saying they are a sign of the ...

In deep ... Australians are currently paying interest on $33bn worth of credit card ...   NEWS.com.au
Fraser worried about credit card rates   The Australian (blog)
Sydney and parts of Melbourne are 'unequivocally' in a house price bubble   The Guardian
The Australian Financial Review   
Business Insider Australia   
Radio Australia   
all 32 news articles »   


ABC Online
   
Manufacturing index posts growth for first time in six months   
ABC Online
A private index shows growth in the manufacturing sector for the first time in half a year. The Australian Industry Group's (Ai Group) Performance of Manufacturing Index rose 4.3 points to 52.3 in May, just above the crucial 50-point level that separates ...

Manufacturing acitivity bounces in May   The Australian (blog)
Aust manufacturing sector gets boost   Sky News Australia
Australia manufacturing activity expands in May   THE BUSINESS TIMES
The Daily Telegraph   
all 22 news articles »   


Sydney Morning Herald
   
UGL chief executive to reveal new strategy   
Sydney Morning Herald
UGL chief executive Ross Taylor will on Monday unveil a new business strategy as he tries to assure investors the engineering group has a healthy future after last year's split from property group DTZ. Mr Taylor, who replaced Richard Leupen as CEO in ...

UGL axing 200 jobs by end of month   Sky News Australia
UGL flags job losses   The Australian
UGL to cut 200 jobs, take more write-downs in corporate restructure   Brisbane Times

all 23 news articles »   


ABC Online
   
Fortescue hits back at Vale   
The Age
Fortescue Metals Group has disputed a claim by a Chinese steel official that its high costs and debt require a fresh equity investment, arguing it has a lower break-even price than Brazilian giant Vale and is catching up to local rivals Rio Tinto and BHP Billiton.
Verrender: Twiggy “disaster” unfolding   MacroBusiness (blog)
We can match Vale: Fortescue   Courier Mail

all 16 news articles »   


Easing cabotage rights would encourage dumping - Dixon   
micebtn
Former Qantas ceo Geoff Dixon - now Tourism Australia chairman - has called the plan to allow foreign airlines to operate domestic routes in northern Australia a "step too far" and a form of dumping that could "seriously undermine" local airlines. The proposal ...

The looming threat to Qantas and Virgin   The Australian

all 3 news articles »   


Sydney Morning Herald
   
Markets Live: Miners, banks sink ASX   
Sydney Morning Herald
11:31am: Automotive parts supplier Burson Group says it will closely examine the Metcash automotive division as a potential acquisition because there's little overlap between the two firms, as it prepares to take the wraps off the first of its own Western ...

Burson Group Ltd rolls into Western Australia: What you need to know   Motley Fool Australia
Burson to look over Metcash auto business as first WA stores open   Gazette Herald

all 4 news articles »   


Sky News Australia
   
Australian stocks open lower ahead of key data, Greece deadline   
The Australian
The Australian sharemarket opened more than half a per cent lower, following downbeat US leads and weakness in mining and banking stocks. At the 10.15am (AEST) official market open, the benchmark S & P/ASX200 index was down 32.8 points, or 0.57 ...

Sharemarket down 1.4% at noon   Courier Mail
Aust stocks set to open weaker   Herald Sun
Australian Market Declines On Wall Street Cues   RTT News
Switzer Financial News   
all 13 news articles »   


Sky News Australia
   
Aust dollar opens lower   
Herald Sun
The Australian dollar is slightly lower, as it continues to be weighed down by a weak business investment outlook. At 7am (AEST) on Monday, the local unit was trading at US76.39c, down from US76.53c on Friday. The currency has been under pressure since ...

$A falls on weak investment outlook   Sky News Australia

all 7 news articles »   


ABC Online
   
Senate to grill RBA on high credit card interest rates   
ABC Online
The Reserve Bank will be under pressure today to explain why interest rates on credit cards remain so high when the official cash rate is at an historic low. Senior RBA officials including assistant governors Frank Campbell and Malcolm Edey will be grilled by ...

Weak inflation leaves room for cut   The Australian
RBA unlikely to cut rates, despite continued local weakness   Sydney Morning Herald
Interest rates should fall no further: RBA Shadow Board   The Conversation AU
Motley Fool Australia   
MacroBusiness (blog)   
all 37 news articles »   


The Australian Financial Review
   
Retirees win reprieve as Coalition backs away from superannuation drawdown ...   
The Australian Financial Review
"The government has no plans to make any changes to drawdown rates and rejects any suggestion that this is being actively considered by government," Social Services Minister Scott Morrison says. by Sally Patten. Retirees have won a reprieve after Social ...

Govt backs away from super drawdown change: report   Courier Mail

all 7 news articles »   

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