2015年6月16日 星期二

2015-06-17 Australia Business


The Australian
   
Woolworths' Grant O'Brien set to reap $63 million payout   
The Australian
Grant O'Brien will get up to $63 million as a defined-benefits package, which allows him to collect up seven times his final year's compensation under the generous terms of the Woolworths executives' retirement scheme. Chairman Ralph Waters has made ...

The long kiss goodbye will be a sweet one for Woolworths boss Grant O'Brien   Sydney Morning Herald
Woolworths boss retires, search on for replacement   Reuters
Mal Maiden: The end of O'Brien   Brisbane Times
TVNZ   
BBC News   
The Australian Financial Review   
all 77 news articles »   


The Straits Times
   
US stocks decline amid Greek debt standoff, factory data miss   
The Straits Times
A woman walking past Bank of Greece headquarters in central Athens on June 15, 2015. US stocks retreated, with the Standard & Poor's 500 Index slipping below its average price during the past 100 days, after weekend negotiations between Greece and its ...


and more »   


The Australian
   
Free Trade Agreement: Australia, China mark happy day   
The Australian
Tony Abbott has hailed the signing of the China-Australia free trade agreement as a “happy day between friends” that finalises an “extraordinary agreement” between the two countries after ten years of negotiations. Following a formal signing of the deal in ...

Australia and China sign 'history making' free trade agreement after a decade of ...   ABC Online
Labor to scrutinise China trade deal   Sky News Australia
Australia signs China trade deal   The Australian Financial Review
9news.com.au   
Beef Central   
SBS   
all 69 news articles »   


Sky News Australia
   
Copper falls as demand worries loom   
Sky News Australia
Copper prices have tumbled to three-month lows fuelled by deteriorating demand prospects from top consumer China and stronger US dollar. A higher US currency makes dollar-denominated commodities such as copper more expensive for non US firms.
METALS-Copper climbs off 3-month lows as Greece worries simmer, but could ...   Reuters Africa
Copper falls to three-month low   Business Recorder (press release) (blog)
Commodities markets summary   Trading Room
Live Trading News   
all 76 news articles »   


Herald Sun
   
Pimco Urges Tighter Home Lending Controls to Give RBA Rate Scope   
Bloomberg
Australia needs tougher measures to rein in booming property prices and give the central bank maximum flexibility on interest-rate settings, Pacific Investment Management Co. said. “Households are exhibiting irrational exuberance,” Pimco's Aaditya Thakur ...

Investors' irrational 'fear of missing out' exposes economy to severe risks, study ...   The Daily Telegraph
PIMCO warns on asset bubble risks   The Australian
PIMCO warns of "trigger happy" Australian herd mentality in property   Property Observer
Sydney Morning Herald   
all 12 news articles »   


Sydney Morning Herald
   
ASIC makes Macquarie refund another $5.5m to clients   
Sydney Morning Herald
Macquarie Investment Management has reached an agreement with the Australian Securities and Investments Commission (ASIC) to refund around $5.5 million to approximately 2300 clients who were diddled out of money due to a system error on its ...

Australia's Macquarie to refund 2300 wealth management clients   Reuters
Macquarie refunds $5.5m after errors   The Australian
Macquarie refunds clients over tech glitch   Yahoo7 News
Money Management   
all 16 news articles »   


Brisbane Times
   
Fountains and lights in Brisbane City Council budget short of surprises   
Brisbane Times
Lord Mayor Graham Quirk peruses the 2015-16 Brisbane City Council Budget before handing it down on Wednesday. Photo: Chris Hyde. Fountains and G20-style light shows will return to Brisbane as part of the council's $2.6 billion 2015-16 budget, which ...

Brisbane City Council budget: Rates to rise, road upgrades a priority   ABC Online
Lord Mayor Graham Quirk's 2015-6 Brisbane City Council budget speech   WA today

all 13 news articles »   


ABC Online
   
Beston buys out troubled milk processor United Dairy Power   
ABC Online
Adelaide-based food company Beston has announced it will buy troubled milk processor United Dairy Power (UPD) and reopen plants in Murray Bridge and Jervois. Up to 130 jobs were lost when UDP went into receivership and closed its facilities in April.
South Australian milk plants deal with Beston Global Food Company   The Australian
South Australian dairy plants saved   9news.com.au
Beston Global steps in to rescue United Dairy   Perth Now
Stock Journal   
all 8 news articles »   


Yahoo7 News
   
Tax-free threshold rise scrapped   
The Australian
The tax-free threshold will remain at $18,200 after parliament scrapped a planned rise to compensate for the defunct carbon tax. Legislation to scrap the July threshold rise to $19,400, a measure included in Labor's carbon tax package, passed the Senate on ...

Tax-free threshold won't rise in July   Yahoo7 News

all 5 news articles »   


ABC Online
   
Australian household debt has tripled in 25 years, new study finds   
ABC Online
Australian households are holding three times as much debt on average than they did 25 years ago, a new report has found. The Bankwest Curtin Economics Centre study concluded people were living beyond their means. In 1990, average household debt ...

Top 20pc of households have more than 200 times the savings of bottom 20pc   Sydney Morning Herald
Report shows Australians growing more comfortable with living beyond means   The Fifth Estate
The rich are big savers   The West Australian
Sky News Australia   
Business Spectator   
The Australian   
all 21 news articles »   

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