Investors have continued to cut back on share ownership, both directly and through managed funds, according to an ASX survey released today. The survey, conducted every two years, revealed that more than half a million people, or almost 3 ...
The sharemarket rebounded yesterday after two days of losses, as the dollar tumbled again and government bond yields also fell. The benchmark S&P/ASX 200 closed up 0.3 per cent at 5180.8 after hitting an intraday high of 5194.9. However, ...
Tags: Stocks, Dollar, Bond Yields
Security researchers from Russian cybercrime investigations firm Group-IB have uncovered a cyberfraud operation that uses specialized financial malware to target the customers of several major Australian banks. Over 150,000 computers, ...
While the rail industry did not find the budget entirely positive, there are many good points for rail in the Budget. ARA: The Good, the Bad, and the Unknown The 2013 Federal Budget has delivered largely positive outcomes for commuters, ...
Infrastructure developers’ lobby group Infrastructure Partnerships Australia says the 2013 Federal Budget has made some important project funding commitments, but with around half of the money beyond the forward estimates, it did too ...
Tags: Infrastructure Industry, Budget, Service
The 4th meeting of the Standing Council on Transport and Infrastructure (the Standing Council) has been held in Canberra to consider a wide range of transport initiatives and reforms. The Standing Council includes Transport, Infrastructure ...
Plans announced by the Coalition to review the Road Safety Remuneration Tribunal in the event of winning September’s Federal election ignore all of the evidence collected over twenty years showing a direct relationship between pay and ...
Tags: Coalition, Coalition IR Policy
Companies should be using the high dollar as an opportunity to invest in businesses offshore, says Francesco de Ferrari, a senior private banker with Credit Suisse. "Big companies should go on a shopping spree. The entrepreneurs get it ...
Tags: Credit Suisse Banker, economy
The inability to secure finance is a significant barrier to SME winning tenders in the resources industry, a new report commissioned by Australia’s export credit agency (EFIC) has found. The survey of 2,000 Australian SME showed ...
Tags: Finance, SME Growth
In the week ended May 6, coal shipments from the Port of Newcastle in Queensland, the coal producing state of Australia, totaled 3 million mt, according to Newcastle Port Corporation. The figure constitutes a decrease of one percent ...
Tags: Coal Exports, Newcastle Port
A new research report backs the call for greater scrutiny of the impacts of mine-induced subsidence on prime agricultural land. The report, The Risks and Impacts of Coal Mine Subsidence on Irrigation Areas, was launched. It was prepared ...
Tags: Cotton Farming, Textile
The Australian Securities Exchange has stepped up pressure on would-be competitor LCH Clearnet in the emerging market for interest-rate derivatives clearing, signing up investment groups and state treasuries to help develop a service for ...
Australia-based Aquila Resources Limited announced that Sumisho Coal Australia Pty Limited, a wholly owned subsidiary of Sumitomo Corporation, has decided to pull out of a coal exploration partnership with Aquila. In April 2012, Aquila ...
Tags: Sumitomo, Coal Exploration
The corporate regulator has appointed a senior executive of Macquarie Group to fill one of its top posts amid a recent history of high-profile actions against the country's biggest home-grown investment bank. Cathie Armour, an executive ...
Tags: Macquarie Guru, Armour
Australia-based Wesfarmers Resources has announced that in the quarter ended March 31 its coking coal output from the Curragh coal mine in central Queensland amounted to 1.53 million mt, decreasing by 15.4 percent compared to the previous ...
Tags: Wesfarmers, Coking Coal Output