2015年8月23日 星期日

2015-08-24 Australia Business


NEWS.com.au
   
BlueScope may close Australian steelmaking   
NEWS.com.au
THE future of BlueScope Steel's Port Kembla plant is "on a knife edge" after the steelmaker said it will cut at least 500 jobs to reduce costs in the face of cheaper imports. THE steelmaker has returned to profitability but says falling demand from ...
BlueScope to cut at least 500 steel jobs   The Australian (blog)
BlueScope reviewing Australian operations as global market weighs   Herald Sun
BlueScope Steel swings to full-year profit, revenue climbs 8.6pc   Sydney Morning Herald
Wall Street Journal   
all 34 news articles »   


Sydney Morning Herald
   
China's sharemarkets tumble in early trade   
Sydney Morning Herald
Markets Live: ASX bloodbath. China's stocks have slumped, dragging the benchmark index to its lowest level since March, as government support measures failed to bolster equities. That has sunk a late morning attempt to rally on the ASX 200. The ...
China shares wipe out year's gains   The Australian
China Shares Wipe Out All Gains This Year   Wall Street Journal
China stock market rout resumes   Financial Times
Bloomberg   
BBC News   
New York Times   
all 87 news articles »   


The Australian
   
Australian stocks hit two-year low   
The Australian
The Australian sharemarket is diving amid a global sell-off sparked by fears of deflation and standstill economic growth, with a plunge on the Chinese markets pushing the local index to a two-year low at noon. Stocks on the local exchange fell sharply ...
Increase to 30 per cent of women on boards will reap dividends   The Australian Financial Review
Dismal day ahead expected for Australian stock market   Yahoo7 News
Aust stocks sink 2.2% at open   Courier Mail

all 12 news articles »   


Sydney Morning Herald
   
The incredible shrinking Fortescue Metals Group   
Sydney Morning Herald
This chart provides a neat illustration of what has happened in the Australian economy and sharemarket over the past few years. Fortescue Metals, Andrew "Twiggy" Forrest's iron ore miner, is now worth less than airline Qantas, broadband provider TPG ...

Fortescue triumphs against the odds — for now   The Australian
UPDATE 1-China woes slash profits at Australia iron ore miner Fortescue   Reuters
Fortescue Metals Group profit plunges 88 per cent amid lower iron ore prices   ABC Online
Motley Fool Australia   
Yahoo News UK   
Yahoo Finance UK   
all 30 news articles »   


NEWS.com.au
   
The frozen berries recall has cost Patties Foods dearly. Picture: Brendan ...   
NEWS.com.au
THE cost of the frozen berries Hepatitis A scare has been tallied, and it's not pretty. Patties Foods has posted its annual results, which reveal more than $14 million was wiped from full-year profits in the last financial year, with the company ...
Patties frozen berry recall over hepatitis A fuels 88% profit plunge   Sydney Morning Herald
Forzen berries recall costs Patties Foods   Herald Sun
Hep A scare costs Patties Foods $14.6m   Sky News Australia

all 6 news articles »   


NEWS.com.au
   
Hockey taking tax cuts to next election   
NEWS.com.au
JOE Hockey might be committed to take personal income tax cuts to the next federal election, but he's vague about how they will be funded. THE treasurer used a speech on Monday to justify the need for income tax cuts, particularly in terms of bracket ...
Joe Hockey's tax cuts: don't hold your breath   The Australian Financial Review
Hockey says tax cuts are needed to keep Aussies working hard   9news.com.au
Hockey aims for tax cuts and surplus   Sky News Australia
The Australian (blog)   
Stuff.co.nz   
The New Daily   
all 51 news articles »   


The Australian
   
NBN revenue, users double but losses mount   
The Australian
The company building the National Broadband Network could blow its budget by as much as $15 billion after revealing that revenue flow will slow and the costs of construction are far greater than it first expected. The government-funded company revealed ...

NBN will have to raise $26.5b to fund costs of national broadband network   Sydney Morning Herald
It will need more than a new logo to raise $26.5 billion. Source: Supplied   NEWS.com.au
NBN ups its cost blowout by $15b since last estimate in December 2013   The Australian Financial Review
CIO Australia   
Gizmodo Australia   
iTWire   
all 24 news articles »   


Sydney Morning Herald
   
UGL swings to $236m net loss on write-downs by new CEO Ross Taylor   
Sydney Morning Herald
UGL has swung to a $236.4 million net loss in 2015 from a $62 million profit a year earlier as the engineering contractor's new management team took a swathe of write-downs to clean up its balance sheet. UGL's statutory net loss was much larger than ...

UGL swings to full-year loss   The Australian

all 6 news articles »   


ABC Online
   
nib policyholder growth and recent acquisitions lead to solid bottom line   
ABC Online
Hunter-based health insurer nib says the number of policyholders within its core business has grown 4.7 per cent in the last 12 months, almost double the industry average. The company has posted a net profit after tax of $75.3 million dollars, up 7.9 ...
Health insurer NIB posts 8pc profit jump but warns in investment income   Herald Sun
Insurer NIB lifts full-year profit 7.9pc   The Australian
nib profit jumps 8 per cent to $75.3m   Sydney Morning Herald
Motley Fool Australia   
CommBank MyWealth   
all 11 news articles »   


Sydney Morning Herald
   
Uber fight: How Aussie start-up goCatch plans survival against a global juggernaut   
Sydney Morning Herald
Australia is desperately trying to foster a vibrant, viable start-up culture. However, creating the types of companies that will dominate the future of commerce from a country like Australia is no easy feat. Take Sydney-based taxi booking app goCatch ...

and more »   

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