Australia
GE buys Aussie equipment company
…Australia’s energy, LNG, iron ore, coal and copper would stay in demand. GE’s Australian-New Zealand operations provided services in oil and gas, energy, financial services, locomotives, healthcare and aviation. They are expected to post revenue was $2.9 billion…
UPDATE 2-Japan firms eye $4.4 bln stake in Australia LNG project-report
…- A group of Japanese firms is in talks to pay $4.4 billion for a stake in Australia’s Wheatstone gas field that had been set aside for bailed-out nuclear operator Tepco, as the country looks to shore up long-term energy supplies, the Nikkei business daily…
Australia’s Weak Sentiment, Wage Growth Spur Rate Bets: Economy
…if needed and ease pressure on manufacturers that have been hobbled by currency gains. Traders are pricing in a 90 percent chance of a quarter- point cut to 3.5 percent at the RBA’s meeting next month, swaps data compiled by Bloomberg show. Even after the…
Australian Stock Market Report – Midday 5/16/2012
…in the construction industry here in Australia. CSR management expect the Australian housing and construction industry to remain subdued throughout the year. CSR management said it expects the New Zealand housing market to continue to grow in 2012 – 2013,…
Autistic Aussie on trial for Malaysia-born stepmom’s murder
…(SMH) today, was reported missing by a relative in August 2010. Her autistic Australian stepson, Brent Donald Mack, 26, one of three stepchildren with whom the widow had been living with after her husband died in a nursing home the same year, was charged on…
More Bad News for Aussie Retailers as Consumers Hold Tighter to Purses
…The study by Boston Consulting Group (BCG) said that despite the strong Australian economy, many Aussies are financially insecure which led them to plan to further cut spending in the coming months. The report said 12 per cent of the 1,400 Australian respondents…
Australia Pledges $300 Million To Afghan Forces
…contributions” in Afghanistan and the prime minister’s leadership. The Australian statement said the government will maintain a substantial development assistance program in Afghanistan beyond 2014 to help provide services such as education and health. The…
Aussie Near 2012 Low Amid Concern Greece May Leave Euro
…company. “It’s not just Greece, it’s the whole European situation. The Aussie is certainly under pressure.” Australia’s dollar traded at 99.44 U.S.
Li calls for closer ties with Australia
…statistics. In addition to traditional investments in resources and energy, Australia is beginning to see more investment in agriculture and financial services, Carr noted. The talks between Australia and China about a free trade agreement have picked up pace…
Australian Stock Mar/ket Report – Morning – 05/16
…to 0.28pct and US 10yr yields were flat at 1.77pct. European and commodity currencies fell against the greenback in overnight trade. The Euro fell from highs near US$1.2870 to lows around US$1.2720 and ended US trade near US$1.2730.
How to repair Australia’s property sector
…immigrants will lower wages, raise the cost of housing, raise profits of banks and companies, raise the competition for health care and education, increase traffic congestion, increase carbon emissions and, most of all, will lower the standard of living for…
$24m for Australia’s biggest birdbath
…a say on new laws. SHOULD we allow a vital institution to be sullied? DAVE Oliver, the new head of the labour movement, sees the ACTU congress as a “celebration of unions”.
Australian business press digest May 16
…announced that the next 15 years would prove economically challenging for Australia as foreign governments continue to manage the aftermath of the global financial crisis. Mr Murray, who now works for investment bank Credit Suisse after leaving the government’s…
Aussie, N.Z. Dollars Fall as Turmoil in Greece Damps Risk Demand
…market analyst in Washington at Commonwealth Foreign Exchange Inc., a currency brokerage. “You expect the commodity currencies to also underperform.” The Australian dollar declined 0.2 percent to 99.37 U.S. cents yesterday in New York. It touched 99.22, the…
Controversial Aussie businessman wins appeal to visit Canada U.S.
…ABC-backed scouts making acquisition inquiries. But by early 2008, the Aussie firm was teetering under a heavy debt load and lurching toward bankruptcy — a spectacular fall that led, eventually, to a two-year criminal probe and ABC’s breakup and sale by 2010…
Naked Wines invests $8.5m in 22 winemakers in USA and Australia
…With 100,000 Angels investing 2m pounds Sterling a month with us, we have the financial firepower to kick-start some really exciting projects. In exchange, our Angels will get exclusive access to these super premium wines at prices that will annoy the hell…
Australia Banks Could Feel Europe’s Pain
…Caroline Henshaw And Enda Curran SYDNEY—Australia’s “Big Four” banks face increasing scrutiny from both the International Monetary Fund and ratings firms as Europe’s financial problems drive up offshore funding costs just as domestic growth stutters.IMF officials…
UPDATE 1-Japan govt to help Tepco get Aussie gas rights -Nikkei
…out of its plan to invest in the field pursuant to a downturn in its financial health following the Fukushima nuclear disaster. With foreign competitions chipping in, the government agreed to assist the utility along with local industry majors Mitsubishi Corp…
Aussie Melling stars in surf event
…I was stoked to get that one on the way back out. It was sucking out off of the bank pretty well. It feels really good to get good waves in a heat.
Australia Oil and Gas Industry Outlook to 2020- Supply, Demand, Investment, Infrastructure (Fields, Blocks, Pipelines, LNG, Refinery, Storage Assets)…
…by company is provided • Profiles of three major oil and gas companies in Australia along with their business overview, SWOT analysis and financial analysis are given in detail. • Latest events in Australia oil and gas industry from 2011-2012 and their impact…
