Growth 1: More To Come
2000 turned out to be quite a good year for Australia, much, much better than we all thought a year ago.
Read More2000 turned out to be quite a good year for Australia, much, much better than we all thought a year ago.
Read MoreThe AMP’s chief economist, Dr Shane Oliver, says that as we approach the one year anniversary of the bear market low in shares (Australian shares bottomed on March 6, 2009 and US shares bottomed on March 9) things are vastly different; the economy is much stronger than expected and corporate profits are recovering solidly.
Read MoreCar sales in the US, Germany and Italy stalled last month, a situation that could put further pressure on embattled manufacturers if it continues, and on beleaguered economies as well.
Read MoreIt was a far more positive story in Australia where industry figures showed the number of cars shipped to dealers rose in both February 2009 and January of this year.
Read MoreMacquarie Group is looking to float oil and gas services firm Miclyn Express Offshore in an initial public offering that could raise up to $365 million.
Read MoreTelstra shares touched a new low yesterday after the company released a letter to shareholders in which it raised more questions about its talks with the government over the National Broadband Network.
Read MoreLittle wonder that shareholders in Nufarm okayed a tie up with Sumitomo of Japan yesterday.
Read MoreRetail sales were solid; the 1.2% rise in January was again driven by a rise in spending in cafes, takeaway joints and eateries.
Read MoreInterest rates will continue heading higher in 2010.
Read MoreRio Tinto, the world’s third- largest mining company, will spend $C245 million to increase its holding in Ivanhoe Mines Ltd., its partner in the Oyu Tolgoi project in Mongolia.
Read MoreA day after revealing a solid inter profit, AFL Energy has revealed plans to go deeper into wind energy.
Read MoreStill no definite news about what’s going on at Sigma Pharmaceuticals.
Read MoreSigns of a slowdown in the New Zealand economy, just when everyone thought it was on the road to recovery?
Read MoreCould we get another quarter of lower than expected economic growth?
Read MoreWarren Buffett’s Berkshire Hathaway saw 4th quarter profit jump sharply, thanks to derivatives tied to the rise and fall of major stockmarkets.
Read MoreThe copper market will be rattled by the powerful weekend earthquake that hit Chile and halted production at several major mines and ports.
Read MoreThe Australian December half profit reporting season is now essentially complete.
Read MoreThe blind investors and the analysts in various brokerages and banks who have been down on Woolworths in the past few months, got one in the eye on Friday when the country’s biggest retailer revealed higher profits, higher margins, higher dividend and a $400 million buyback.
Read MoreLed by a resurgent mining sector, business investment is rebounding strongly.
Read MoreAs we read lower down today, China’s economic rebound has dragged the rest of Asia back into the black.
Read MoreGunns’ profit drop earlier in the week was a big shocker for investors, but apart from Tasmania, it was not a big deal for the rest of Australian business.
Read MoreMore evidence this week of just how strong a force China has been in driving the economic rebound in the Asian region.
Read MoreThe outlook for gold looks promising in 2010, according to the World Gold Council and will be underpinned by investment demand.
Read MoreThe country’s leading car dealer, Perth-based Automotive Holdings Group Ltd, showed this week that it was one of the biggest direct beneficiaries of the federal government’s 2009 economic stimulus, especially the tax breaks for car purchases for small and medium businesses.
Read MoreQueensland-based Macarthur Coal had a similar story to Woodside and other resources group: both good news and not so good, with the promise of better times ahead.
Read MoreAs it forecast a couple of weeks ago, Virgin Blue returned to profitability in the first half of 2009-10 and maintained annual earnings guidance.
Read MoreAs expected, Woodside Petroleum suffered a sharp fall in 2009 sales because of the slump in world prices (compared to much of 2008).
Read MoreSuncorp Metway baffled the market yesterday and paid for it with a bout of selling in an overall skittish market.
Read MoreThere seems to be life after the credit crunch and recession for GPT.
Read MoreOil Search is another company about to undergo a company-changing experience.
Read MoreAmcor’s interim was a bit anti-climatic after the company-changing the deal it has just closed on which saw it buy much of the packing assets of Alcan from its willing seller, Rio Tinto.
Read MoreThe return to profit by APN News & Media was widely anticipated by the market, so perhaps that’s why some investors took their profits and sold yesterday.
Read MorePoker machine group, Aristocrat confirmed earlier guidance of an operating profit and a loss after one off items for the December 31 2009 financial year.
Read MoreDrilling services provider Ausdrill expects to deliver its best ever operational result in the first half of 2009-10.
Read MoreAustralia’s largest listed oil refiner, Caltex Australia, has warned about a tough outlook, while restoring dividend.
Read MoreFairfax Media will pay a modest interim dividend to shareholders, sending a message that it’s increasingly confident the tough times are behind it.
Read MoreAn initial thumbs down from the market to Kerry Stokes’ plan to back his Westrac business into the Seven Network and grab a controlling stake in the combined group.
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