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Santos Loves LNG

Santos is not letting grass grow near any of its plans. The company is a hive of activity, no doubt stimulated by the impending completion of the review of the 15 per cent ownership cap by the South Australian Government.

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$A Bites Iluka

Yesterday, the Australian dollar was trading around 18-year highs for the second time so far this week, and you can imagine the pain and horror many mining companies feel as they watch the currency appreciate.

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HBOS Banking On Australia

In reality it's a hard to understand the move by HBOS, Britain's biggest mortgage bank, and owner of BankWest in Perth, to spend hundreds of millions of dollars in building more than 160 branches across Australia to win more business from the rest of the local banking industry.

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A New CPI

We will have another, possibly more important measure of price movements in the economy to contend with when the June quarter Consumer Price Index is published on July 25 by the Australian Bureau of Statistics.

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Radio Revenue Booms

In good news for the five listed companies with an interest in the Australian radio industry, figures released by Commercial Radio Australia show that in the six months to June 30, radio revenues accelerated, rising 7 per cent to $301 million, with a turnaround in the highly competitive Sydney market apparent for the first time.

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WOW Up, Down

Far from sending a message to would be rivals, Wesfarmers and Coles Group, Woolworths seems to have disappointed the market in advancing the release of its 2007 financial year (and fourth quarter) sales and profit guidance by a week.

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