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Source: The Age

Melbourne :: Australia | updated Wed Nov 25 17:30:50 -0800 2009 | business-news

Telstra chief executive David Thodey had flagged the changes at a company investor day in October. A range of new broadband plans will offer customers faster speeds and higher data allowances for the same price, while excess usage fees have...
Credibility Views: 3 | News Stories: 2 | Blog Posts: 0 | 12 | 1 | 0
 
Latest Breaking News: Dollar up on weak greenback
Source: The Courier-Mail

Melbourne :: Australia | updated Wed Nov 25 12:49:10 -0800 2009 | business-news

During the offshore session, the local unit traded in a range between $US0.9238 and $US0.9318. The local unit pushed higher overnight following a speech yesterday by RBA deputy governor Ric Battellino, Bank of New Zealand currency strategist Danica Hampton said....
Credibility Views: 1 | News Stories: 11 | Blog Posts: 25 | 30 | 23 | 0
 
Source: Newstalk ZB

Sydney :: Australia | updated Wed Nov 25 18:37:09 -0800 2009 | business-news

Business Report for Thursday, November 26, 2009 26/11/2009 12:32:01 Insurer and fund manager Tower has bolstered its full year profit by more than 23 percent to just over $50 million. The September year-end result includes tax credit and non-cash gain...
Credibility Views: 1 | News Stories: 7 | Blog Posts: 1 | 13 | 0 | 0
 
Current World News: Downturn forces thousands into casual work
Source: Australian Broadcasting Corporation

Sydney :: Australia | updated Wed Nov 25 05:59:06 -0800 2009 | business-news

The report, released exclusively to ABC's Lateline program, comes despite conventional wisdom that in the financial crisis employers have not sacked workers on mass, but merely cut their hours...Not a good thing, it wasn't expected but at the end of...
Credibility Views: 0 | News Stories: 6 | Blog Posts: 0 | 3 | 3 | 0
 
Latest World News: Expat high-flyers coming home to roost?
Source: The Age

Melbourne :: Australia | updated Wed Nov 25 05:27:33 -0800 2009 | business-news

It's a question puzzling much of Melbourne at the moment, after the Orrong Road home of former Pacific Dunlop chief executive Phillip Brass fetched more than $20 million last week. That was followed by the sale of a much smaller...
Credibility Views: 0 | News Stories: 4 | Blog Posts: 0 | 9 | 2 | 0
 
Current Event: Resource stocks drive market rise
Source: Australian Broadcasting Corporation

Sydney :: Australia | updated Wed Nov 25 00:08:28 -0800 2009 | business-news

The US share market slipped back after official figures were released showing weaker than expected economic growth in the third quarter...The resources and financial sectors led the rise, with BHP Billiton adding 2.4 per cent to $41.19...The banks are mixed...
Credibility Views: 0 | News Stories: 4 | Blog Posts: 6 | 7 | 4 | 0
 
Latest World Event: Woodside not up for sale, CEO says
Source: Sydney Morning Herald

Perth :: Australia | updated Tue Nov 24 21:36:24 -0800 2009 | business-news

Former treasurer Peter Costello blocked a $US3.2 billion bid by Shell in 2001 to take control of Woodside, citing national interest. ''Shell may be a willing seller because they do have some quite big projects themselves up their sleeve,'' Nick...
Credibility Views: 1 | News Stories: 4 | Blog Posts: 0 | 8 | 6 | 0
 
Source: The Age

Canberra :: Australia | updated Wed Nov 25 05:07:51 -0800 2009 | business-news

Minister Lindsay Tanner told the National Press Club yesterday that announcing that the Government would give the $85.7 billion Future Fund partial shelter from the Freedom of Information Act was akin to announcing a reduction in judicial discretion to a...
Credibility Views: 0 | News Stories: 3 | Blog Posts: 1 | 7 | 0 | 0
 
Source: Sydney Morning Herald

Sydney :: Australia | updated Wed Nov 25 05:12:35 -0800 2009 | business-news

THE credit ratings agency Standard & Poor's has moved to calm concerns over the balance sheet strength of Australia's banks after an overhaul in the way it measured risk and capital. Some banks named in the analysis are understood to...
Credibility Views: 0 | News Stories: 3 | Blog Posts: 0 | 6 | 0 | 0
 
Source: Sydney Morning Herald

Sydney :: Australia | updated Wed Nov 25 16:26:34 -0800 2009 | business-news

Mr Fox, who had been on the board of the Brisbane-based bank since 2001, said he was retiring from the board so as to concentrate on the strategic expansion of the Linfox Group. Linfox, which held as much as 6.8...
Credibility Views: 0 | News Stories: 2 | Blog Posts: 0 | 0 | 0 | 0

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