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Australian dollar
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Royal Dutch Shell PLC Second Quarter 2014 Results Announcement
Dec 8, 2016Second quarter 2014 summary of unaudited results Royal Dutch Shell’s second quarter 2014 earnings, on a current cost of supplies (CCS) basis (see Note 2), were $5.1 billion compared with $2.4 billion for the same quarter a year ago. ...
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Exporter Confidence Plateaus Amid Competing Head and Tailwinds
Aug 25, 2016America’s back, free trade agreements are helping (particularly with China), and Europe remains on Australian business horizons despite Brexit. This is according to the 2016 DHL Export Barometer. However, exporters are muddling ...
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Tassal Capitalises Exports by Dropping Coles Private Label Salmon and Blames Global Warming
Apr 12, 2016Tassal will stop supplying Coles supermarkets with private label salmon as of 4 June 2016. The Tasmanian seafood company will also stop a salmon supply contract with Simplot from 30 June 2016. Tassal said it decided to withdraw tenders ...
Tags: label salmon, Tassal
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Orora Plans to Invest $42m to Increase Glass Bottle Capacity
Mar 2, 2016Orora is planning to invest $42m in additional glass bottle forming lines at its Gawler, South Australia, glass plant. In addition, Orora is assessing a potential investment of a further $10 - $15 million in an automated warehouse at ...
Tags: Orora, Glass Bottle
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Recycling Rate Plateaus, Glass Volumes Drop
Dec 25, 201522 Dec 2015 Australia is seeing a plateau in its recycling rates according to the Australian Packaging Covenant (APC). According to the sustainable packaging initiative, the overall recycling rate for post-consumer packaging in ...
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Pork Price Jump Threatens Christmas Joy
Dec 3, 2015Pork prices have jumped around Australia, but a question mark surrounds the course of the latest pork price rise. There is speculation as to whether rise is an opportunistic flow-on by butchers and processors in response to previously ...
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Australian Domestic Meat Prices Continue to Soar
Nov 18, 2015Beef might be off the Christmas menu for many Australians this year with prices continuing to rise dramatically. Over the past year, Australian domestic beef prices have more than doubled with drought hitting Australian farms hard. Yet, ...
Tags: Beef, Meat Prices, Lamb, Bacon
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Official from the Department of Foreign Investment Administration of the MOFCOM Comments on the Influence of Improving the Quotation of the Middle Exchange Rate of RMB against the U.S. Dollar
Oct 16, 2015People’s Bank of China published the statement on improving the quotation of the middle exchange rate of RMB against the U.S. dollar on August 11. RMB depreciates against US dollars almost 4.6% in 4 days. This is the biased correction ...
Tags: foreign trade situation, rate of RMB against the U.S.dollar
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Branding Is Key on Back of TPP
Oct 15, 2015The Australian Made Campaign has reminded businesses to boost country-of-origin branding on products as part of its strategy to leverage new export opportunities available via the Trans-Pacific Partnership (TPP). “The TPP will ...
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Monetary War of Competitive Currency Depreciation
Sep 21, 2015The recent drop in the exchange rate between the Chinese yuan (RMB) and U.S. dollar, the so-called "black Monday" on China's stock market and successive steep fall of the primary commodity market allowed much of the world to accuse China of ...
Tags: stock market, RMB depreciation
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Australia Breaks Box-Importing Record
Aug 19, 2015Australia is importing more pre-converted corrugated boxes than ever before, and paying increasing amounts to do so. A new report released by IndustryEdge has revealed Australian imports of pre-converted corrugated boxes have grown at an ...
Tags: packaging, packaging material, carriage, bags
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China Devalues Yuan in Surprise Move
Aug 12, 2015China's central bank has devalued the yuan by almost 2 per cent - its lowest rate against the US dollar in almost three years. The People's Bank of China (POBC) said the decision to devalue the yuan by 1.9 per cent was a "one-off ...
Tags: China Yuan, US dollar
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Hurun Luxury Consumer Price Index Contracts for The First Time in Eight Years
Jul 30, 2015The Hurun Luxury Consumer Price Index, an annual study that gauges levels of top-end individual spending in China, has contracted for the first time in eight years. The LCPI 2015 dropped 1.8 percent year-on-year, said wealth researcher ...
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Wool and Cotton Prices to Generally Rise in Australian Dollar Terms
Jun 29, 2015The National Australia Bank’s price and production forecast report expects wool and cotton prices to generally rise in Australian dollar terms. The NAB report provides production and price forecasts for 2015-16 for seven major ...
Tags: National Australia Bank's, Rural Commodities Index, wool industry
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Chinese Carmakers Take Advantage of The Free Trade Agreement Between China and Australia
Jun 29, 2015More car exports to Oceanic country look unlikely in near future Chinese carmakers look unlikely to take advantage of the free trade agreement between China and Australia signed this month due to their lack of competitiveness in the ...
Tags: Chinese carmakers, Australian marke, Car
