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05/25/2016
Wesfarmers profit to be hit by $2 billion in Target, coal write-downs - The Sydney Morning Herald


The Sydney Morning Herald

Wesfarmers profit to be hit by $2 billion in Target, coal write-downs
The Sydney Morning Herald
Wesfarmers managing director Richard Goyder has conceded the conglomerate's reputation has been dented by more than $2 billion in write-downs and losses of $350 million in two key divisions, Target and coal. Mr Goyder revealed on Wednesday that ...
Russo confident of turning around Target - The West AustralianThe West Australian
Get ready for Target's $200 million saleNEWS.com.au
Troubled Target weighs on WesfarmersYahoo7 News
Business Insider Australia -The Australian -ABC Online -Reuters
all 42 news articles »


05/25/2016
US rally brings out ASX bulls - The Sydney Morning Herald

The Sydney Morning Herald

US rally brings out ASX bulls
The Sydney Morning Herald
Australian shares enjoyed a bumper session on Wednesday after a strong overnight rally on Wall Street and a pick-up in iron ore and oil prices. The S&P 500 index in New York surged 1.4 per cent overnight as investors made peace with the possibility ...
Why these 4 ASX shares are surging higher todayMotley Fool Australia
Stocks close 1.45pc strongerThe Australian
Female board members on the riseNEWS.com.au
The West Australian -Yahoo7 News -Reuters -Investing.com
all 65 news articles »


05/25/2016
The 'rat', the 'powerful owl' and the 'flack jacket': BBSW traders at war - The Sydney Morning Herald

The Sydney Morning Herald

The 'rat', the 'powerful owl' and the 'flack jacket': BBSW traders at war
The Sydney Morning Herald
Westpac trader Col "the Rat" Roden said he complained to the financial markets association of the "blatant manipulation by a small number of investment banks" of the bank bill swap rate, while warning a trader at a rival bank that the benchmark rate ...
Business Briefing: manipulating the BBSWThe Conversation AU

all 2 news articles »


05/24/2016
Boral reaffirms full-year earnings guidance - The Sydney Morning Herald

The Sydney Morning Herald

Boral reaffirms full-year earnings guidance
The Sydney Morning Herald
Building products maker Boral has reaffirmed its full-year guidance, saying performance at its largest division - construction materials and cement - has been in line with expectations. The company had predicted, at the time of its half-year results in ...

and more »


05/25/2016
Years of pain ahead, but Melbourne Metro will 'transform inner city for good' - The Age

The Age

Years of pain ahead, but Melbourne Metro will 'transform inner city for good'
The Age
The government says the $10.9 billion Melbourne Metro Rail tunnel is designed to relieve City Loop congestion in the CBD. (Video supplied by Melbourne Metro Rail). PT1M42S 620 349. Melbourne Metro will cause at least eight years of construction pain ...
Melbourne Metro Rail Tunnel: Minister warns of traffic disruptions when construction beginsABC Online
Street closures, CBD open space lost as Melbourne Metro project beginsHerald Sun
Designs of Melbourne's Metro Tunnel stations unveiledArchitecture AU

all 6 news articles »


05/25/2016
Teachers Mutal, UniBank freeze property investor lending - The Australian

The Australian Financial Review

Teachers Mutal, UniBank freeze property investor lending
The Australian
Minor Australian lenders Teachers Mutual Bank and UniBank have frozen lending to property investors after breaking the banking watchdog's 10 per cent investor loan growth speed limit. The unexpected move reveals the Australian Prudential Regulation ...
Teachers Mutual Bank, Unibank stop lending to new property investorsThe Australian Financial Review

all 4 news articles »


05/24/2016
Apartment, house building boom failing to offset mining bust - ABC Online

ABC Online

Apartment, house building boom failing to offset mining bust
ABC Online
Activity in the Australian construction sector has fallen for the third quarter in succession, as the residential and commercial building sectors struggle to pick up the slack from work winding up on big resources projects. The overall value of ...
Housing's peaked: Construction falls in March as residential work loses steamThe Australian Financial Review
Weak construction work to weigh on GDPSBS
The first of Australia's GDP inputs has fallen short of expectationsBusiness Insider Australia
TheBull.com.au -The Australian -MarketWatch -Financial Times
all 14 news articles »


05/25/2016
Melbourne schoolgirl wins battle against supermarket giant Aldi over caged eggs - 9news.com.au

9news.com.au

Melbourne schoolgirl wins battle against supermarket giant Aldi over caged eggs
9news.com.au
A Melbourne teenager has gathered more than 95,000 signatures to force Aldi Australia to remove caged eggs from its shelves, a move which has divided public opinion. The supermarket giant has confirmed it would completely eradicate caged eggs by 2025 ...
Shoppers win fight over Aldi eggsNEWS.com.au (blog)
Aldi commits to stop selling caged eggs a month after customer backlashSmartCompany.com.au
Aldi announce they will stop selling caged eggs by 2025Daily Mail

all 6 news articles »


05/25/2016
Taxpayer subsidy worth up to $3.7 billion for big four banks - The Sydney Morning Herald

The Sydney Morning Herald

Taxpayer subsidy worth up to $3.7 billion for big four banks
The Sydney Morning Herald
Australia's major banks receive an implicit subsidy worth between $1.9 billion and $3.7 billion from the market's assumption that taxpayers would come to the rescue in a crisis, the Reserve Bank has estimated. The funding advantage that the Big Four ...
Big four banks get $3.8bn free kickThe Australian
This is how long the RBA tends to wait before cutting rates againBusiness Insider Australia

all 3 news articles »


05/25/2016
Poisoned at work: 13-year-old among hundreds sickened on tobacco farms - The Sydney Morning Herald

The Sydney Morning Herald

Poisoned at work: 13-year-old among hundreds sickened on tobacco farms
The Sydney Morning Herald
Gelanggang, Lombok: Thirteen-year-old Ayu vomits every year while harvesting tobacco on her family's farm near Garut in West Java. "The smell is not good when we are harvesting," she says. "My stomach is like, I can't explain, it's stinky in my mouth ...
Indonesian children working in tobacco fields being poisoned: Human Rights WatchABC Online
Sudan Detaining Dozens of Students After Protests, Group SaysBloomberg
Childhood goes up in smoke for Indonesian tobacco farm workersDaily Mail
SBS -Yahoo7 News -CNN International -Human Rights Watch
all 13 news articles »


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