Hardie says $320m loan might not be needed
James Hardie says it is surprised by the announcement of a $320 million loan to top up the company's asbestos fund.
A company spokesman says while the loan gives certainty to victims, it may...
ABC Business News -
Saturday November 7, 2009, 10:32 pm
James Hardie victims get $320m lifeline
The New South Wales and Federal Governments are lending James Hardie more than $300 million to make sure asbestos victims receive compensation.
The governments joined forces to bail out James...
ABC Business News -
Saturday November 7, 2009, 10:53 am
Fuel pump forces LA-bound Qantas flight home
A Qantas plane carrying 329 passengers on its way from Sydney to Los Angeles has been forced to return to Australia because of a faulty fuel pump.
The A380 had to divert to Melbourne due to wet...
ABC Business News -
Saturday November 7, 2009, 9:11 am
Cazaly re-names Hamersley project
Cazaly Resources Ltd has re-named its Hamersley project in Western Australia's Pilbara region after a feisty AFL footballer to distance the junior iron ore explorer from any association with its...
AAP -
Friday November 6, 2009, 7:38 pm
Industrial action won't disrupt service: Qantas
Qantas says industrial action being threatened by its senior engineers will have no impact on its services.
In a meeting this afternoon, workers unanimously agreed to ban out-of-hours work from...
ABC Business News -
Friday November 6, 2009, 5:31 pm
Olympic Dam repairs to begin in November
Mining giant BHP Billiton Ltd says repairs inside the main haulage shaft at its Olympic Dam uranium and copper mine in South Australia will begin later this month.The world's biggest resources...
AAP -
Friday November 6, 2009, 5:19 pm
AGL plans Torrens Island expansion
Energy generator AGL is planning for future expansion of Torrens Island power station in Adelaide.
The plan is to increase peaking generation at the plant by more than half, to help deal with...
ABC Business News -
Friday November 6, 2009, 2:48 pm
ANZ to redeem $US350m trust securities
ANZ Banking Group Ltd will redeem $US350 million ($A384 million) of trust securities, reducing the company's Tier 1 capital to about 9.3 per cent.The bank will pay $US1,000 each for the 350,000...
AAP -
Friday November 6, 2009, 2:05 pm
Industrial action could ground Qantas planes
Senior maintenance engineers have voted to take industrial action against Qantas for the first time in the airline's history.
Planes could be grounded and flights disrupted if the industrial...
ABC Business News -
Friday November 6, 2009, 9:42 am
Is Transurban The First Of Many Bids?
Transurban is like Oliver Twist in one respect. It likes what it sees in a bowl thrust its way yesterday by two big Canadian pension funds, but it would like them to sweeten the dish with a few...
Australasian Investment Review -
Friday November 6, 2009, 8:11 am
City Telecom Announces Annual Results 2009
HONG KONG, Nov. 5, 2009 (GLOBE NEWSWIRE) -- City Telecom (HK) Ltd. ("City Telecom") (SEHK:1137) (Nasdaq:CTEL) today announced annual results for the 12 months ended 31 August 2009. The Group has put...
GlobeNewswire -
Thursday November 5, 2009, 9:21 pm
BHP suspends WA rail work due to safety
BHP Billiton Ltd has temporarily suspended the construction of a new rail line in Western Australia's Pilbara region after raising safety concerns with the contractor.The 200km rail line is being...
AAP -
Thursday November 5, 2009, 4:35 pm
Westpac Solid
Westpac yesterday completed the September 30 balancing bank profit reports with yet another example of how financially strong our big four are. The Commonwealth at June 30 started the trend with a...
Australasian Investment Review -
Thursday November 5, 2009, 8:10 am
Telstra: Still talking
Naturally Telstra's chairman and chief executive were called upon by shareholders at yesterday's AGM in Sydney to fight the federal government's plans to force a break up of the...
Australasian Investment Review -
Thursday November 5, 2009, 8:07 am
Woolies, Lowes JV close in on Danks
Danks Holdings Ltd says it is closer to being taken over by a joint venture between Woolworths Ltd and Lowes after minimum acceptance conditions were met.Woolworths and US hardware giant Lowe's...
AAP -
Wednesday November 4, 2009, 7:23 pm
