New chairman named for Air New Zealand
Source: The Courier-Mail
Brisbane :: Australia | updated 2013-05-13 22:58:34 -0700 | business-news
Foodstuffs boss Tony Carter will take up the chair at Air New Zealand's board when existing chairman John Palmer steps down after September's annual meeting. The announcement on Tuesday comes amid growing anticipation of the government's planned sell-down of its...
Boart Longyear announce interim CFO
Source: The Age
Melbourne :: Australia | updated 2013-05-13 23:43:28 -0700 | business-news
Mr Clement, vice president Treasury and Investor Relations, will step into the role when Joseph Ragan leaves on May 18 to take up an appointment with a US-listed company. Mr Ragan's departure was announced on April 8. "Mr Clement will...
Aust bonds open firmer despite US sales
Source: Sydney Morning Herald
Sydney :: Australia | updated 2013-05-14 01:54:50 -0700 | business-news
US Commerce Department data showed a sales jump of 0.1 per cent for April, against market forecasts of a 0.3 per cent drop. Still, ANZ interest rates strategist Zoe McHugh said the figures convinced investors to buy government bonds, following...
Watchdog dodges real issue of complex products
Source: Sydney Morning Herald
Sydney :: Australia | updated 2013-05-13 15:39:29 -0700 | business-news
Over the past decade many Australian investors have purchased structured products often described as capital guaranteed or capital protected which aim to blend the safety of deposits with the returns of share and commodity markets. Of course, such a concoction...
Australia's Biggest Tax Evasion Fraud Case: Carroll Australasia Corporation Billion Dollar ...
Posted by: BaltimoreTrust
Brisbane :: Australia | updated 2013-05-13 17:27:18 -0700 | business-news
The sensational Carroll Foundation Trust and parallel Carroll Maryland Trust billion dollars offshore tax evasion fraud scandal which is now sweeping Wall Street New York and the City of London has revealed that the new explosive FBI Scotland Yard prosecution...
Central Banks Rush to Cut Rates
Source: Asian Wall Street Journal
Sydney :: Australia | updated 2013-05-13 18:22:00 -0700 | business-news
Joining a new wave of global central bank easing, the Bank of Israel cut its benchmark interest rate Monday in a surprising move aimed at relieving upward pressure on the country's currency, the shekel. Central banks in Australia, South Korea,...
Inside Money: Fidelity's plan B could see KiwiSaver cut loose
Source: New Zealand Herald
Sydney :: Australia | updated 2013-05-13 15:19:12 -0700 | business-news
The gap between rumour and reality can be quite large at times: in the case of Fidelity Life's purchase of (most of) Tower's life insurance business the distance was about five months. Milton Jennings, Fidelity chief, says the long buyout...
Writedowns hit Infratil profit
Source: New Zealand Infotech Weekly
Sydney :: Australia | updated 2013-05-13 17:16:49 -0700 | business-news
Infrastructure investment company Infratil's annual net surplus has plummeted $48.2 million to $3.4m, due to writedowns on two United Kingdom airports. The company today reported a net surplus of $3.4m for the year to March 31, from $51.6m last year....
Wrightson FY earnings to fall by up to 27% on drought
Source: Scoop
Sydney :: Australia | updated 2013-05-13 23:19:12 -0700 | business-news
PGG Wrightson, the rural services company which fell out of the NZX 50 Index this year, expects annual earnings to fall by as much as 27 percent as dry conditions on both sides of the Tasman and lower livestock values...
Australian market set to open higher
Source: The Courier-Mail
Perth :: Australia | updated 2013-05-14 00:23:53 -0700 | business-news
THE Australian market looks set to open higher after Wall Street traded flat under the shadow of poor Chinese economic data and a slight gain in US monthly retail sales. Tuesday, the June share price index futures contract was up...
Will Diploma Get a Passing Grade This Year?
Source: The Motley Fool
Sydney :: Australia | updated 2013-05-13 13:35:43 -0700 | business-news
For the six-month period, Diploma posted pre-tax profits of £23.8 million compared with £23.3 million in the same period last year -- while profit after tax increased only slightly to £16.7 million (from £15.8 million). On a per share basis,...
Glencore Xstrata cancels coal export terminal plans
Source: United Press International
Brisbane :: Australia | updated 2013-05-13 13:07:14 -0700 | business-news
Glencore Xstrata is dropping plans for a $1 billion coal export terminal in Queensland, Australia, the company said. Port Waratah Coal Services, which operates the world's largest coal-export facility at Newcastle in New South Wales, Australia, last month said it...
Northrop praises Australian supplier
Source: United Press International
Sydney :: Australia | updated 2013-05-13 11:30:23 -0700 | business-news
Northrop Grumman praised its Australian supplier of advanced composite parts for Northrop's center fuselage for F-35 Lightning II joint strike fighters. Less than a year after opening a new facility for production of the composite components, Quickstep Technologies Pty.
PBOC faces balancing act with rate, inflation
Source: China News
Sydney :: Australia | updated 2013-05-13 11:01:10 -0700 | business-news
Central bank vows to keep eye on other nations' easing policies Amid a wave of interest rate cuts by major economies around the world, Chinese monetary authorities will face a policy dilemma in the coming weeks. Financial specialists said authorities...
Defend Your Child From Termite Bites: Easy Methods to Retain Pests Aside
Posted by: mike99s
Melbourne :: Australia | updated 2013-05-13 09:38:53 -0700 | business-news
Children are more at risk of mosquito attacks because they have a tendency to play outdoors and discover parts that encourage mosquito cities. For this reason, your young ones might suffer with mosquito attacks. These bites are itchy minor protrusions...
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