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Crown ready to gamble on new casinos
NEWS.com.au - 54 minutes ago
By Fleur Leyden CROWN says it is still in the hunt for "compelling" US casino acquisitions despite slashing some of its existing US investments by $181 million.
Local punters moderate losing streak at Crown Sydney Morning Herald
Crown loses its shine with weaker profit The Australian
The Age - Bloomberg - The West Australian - LIVENEWS.com.au
all 50 news articles

Goldman Sachs, Deutsche Bank plan Babcock review
Business Spectator - 1 hour ago
The shakeup in the Babcock and Brown senior management has prompted Goldman Sachs and Deutsche Banks to accelerate their strategic review of the ailing investment firm, reports The Australian.
Phil Green finally steps down from the top job at B&B The Australian
Big four banks exposed to Babcock & Brown debt Melbourne Herald Sun
Sydney Morning Herald - The Age - Daily Telegraph - Financial Times
all 98 news articles

LIVENEWS.com.au

Labor increases pressure to pass Budget bills
NEWS.com.au - 1 hour ago
THE Federal Government is expected to increase pressure on the coalition not to block key Budget measures when parliament resumes next week with a new-look Senate.
Senate drive for car tax exemptions in the bush The Australian
Labor in late bid to save FuelWatch The Age
ABC Online - Sydney Morning Herald - Melbourne Herald Sun - The Age
all 387 news articles

AGL eyes long term gas assets
Business Spectator - 3 hours ago
Energy retailer AGL Energy is eyeing long-term gas assets to shore up its future supply after posting a 44.2 per cent fall in its annual reported profit.
AGL Energy coming clean without Loy Yang The Australian
Coal-fired stations too risky, says AGL Sydney Morning Herald
The Age - Sky News Australia - Bloomberg - Reuters
all 84 news articles

MoodieReport

Airport stakes for sale as Macquarie hits turbulence
Melbourne Herald Sun - 4 hours ago
MACQUARIE Airports will sell part interests worth $1.5 billion in Brussels and Copenhagen airports to turn around a dismal first half loss of $274.3 million.
MAp ditches airport stakes The Age
airport sales to fund buyback The Australian
Sydney Morning Herald - NEWS.com.au - Business Spectator - ABC Online
all 52 news articles

Mortgage Choice sees testing times ahead
The Australian - 4 hours ago
ONE of Australia's largest mortgage broking companies has defended a dip in annual profits as "solid" in the face of tighter credit markets and interest rates hikes.
Mortgage Choice expects big bank to lift commission payments Melbourne Herald Sun
Presentation and Media 30 June 2008 Sydney Morning Herald
NEWS.com.au - Broker News Australia - LIVENEWS.com.au - WA Business News (subscription)
all 24 news articles

Centro crisis after $345m US write-down
The Australian - 4 hours ago
CENTRO Properties Group has reported a $US299 million ($345 million) loss from one of its US companies for the June quarter, edging the debt-laden shopping centre owner even closer to the abyss.
Centro walloped by slump in US retail sector Melbourne Herald Sun
Joint venture's American loss a poor omen for Centro investors Sydney Morning Herald
Business Spectator - Bloomberg
all 7 news articles

AFP

Hip pocket gloom as Australia slides towards recession
Melbourne Herald Sun - 4 hours ago
THE doom and gloom consuming the economy is worsening with Australia sliding ever closer to a recession ahead of next month's expected cut of interest rates.
Westpac pushes for half-point rate cut The Age
Couple hoping for bank interest cut Examiner
iTWire - ABC Online - NEWS.com.au - Courier Mail
all 359 news articles

Perpetual cites worst profit year in a generation
Sydney Morning Herald - 5 hours ago
PERPETUAL has reported a 29 per cent annual profit dip and warned of uncertain times after experiencing what it said was the worst year for Australian investment markets in a generation.
Perpetual endures generational downturn The Age
Perpetual cuts adviser bonuses InvestorDaily
The Australian - NEWS.com.au - Business Spectator - Reuters
all 35 news articles

3 News NZ

James Hardie hit hard by US housing slump
The Australian - 4 hours ago
JAMES Hardie Industries has suffered a 96 per cent plunge in first-quarter earnings as demand for its housing products slumped in the US, the company's biggest market.
US slump pulls Hardie down Sydney Morning Herald
James Hardie Fall as Profit Plunges on US Housing (Update1) Bloomberg
NEWS.com.au - Reuters - Business Spectator - LIVENEWS.com.au
all 43 news articles

3 News NZ

PacBrands builds its acquisition of Yakka
The Australian - 4 hours ago
CLOTHING, footwear and soft furnishings group Pacific Brands has reported a solid 10 per cent rise in annual profit on the back of earnings from newly-acquired workwear label Yakka.
Pacific Brands looks to big names in tough times Melbourne Herald Sun
It's hard yakka to stitch up a profit Sydney Morning Herald
Sky News Australia - Sydney Morning Herald
all 22 news articles

The Age

Melbourne to London for $1000 return with AirAsia X
Melbourne Herald Sun - 4 hours ago
MELBURNIANS could soon fly to London for less than $500 - or under $1000 return - on AirAsia X. Passengers will pay extra for meals, entertainment, checked-in luggage and blankets.
AirAsia X launches flights to Melbourne NEWS.com.au
New route ... AirAsia X will offer flights from Melbourne to Kuala ... The Age
The Australian - ABC Online - New Straits Times - International Herald Tribune
all 60 news articles

UPDATE 1-Freddie, Fannie debt protection costs fall
Reuters - 50 minutes ago
NEW YORK, Aug 20 (Reuters) - Debt protection costs on senior and subordinate debt of Fannie Mae (FNM.N: Quote, Profile, Research, Stock Buzz) and Freddie Mac (FRE.
DJ Freddie, Fannie In 'Death Spiral'; Calls For Syron To Resign Onet.pl
Fannie and Freddie hit on bailout fears Times Online
Wall Street Journal - The Associated Press - guardian.co.uk - Forbes
all 867 news articles

Sun shines for Queensland Gas boss
The Australian - 4 hours ago
QUEENSLAND Gas has made a lot of smart moves in recent years, but the smartest was early this month when it signed up its visionary managing director Richard Cottee for at least a further six years at the helm.
QGC ignites $895m bid for Sunshine Gas The Age
Queensland Gas Sees Sunshine In Its Future Forbes
Bloomberg - Sydney Morning Herald - Business Spectator - Reuters
all 53 news articles

MSN Money UK

HK consortium ups the ante in bid for Indophil
The Australian - 4 hours ago
HONG Kong merchant bank Crosby Capital has boosted its bid slightly for Indophil Resources, offering additional shares in an exploration company that would be floated out of Indophil's Philippines assets outside the massive Tampakan copper project.
Rival trumps Xstrata bid for Indophil Financial Times
Stanhill Resources Bidder`s Statement Sydney Morning Herald
The Age - Bloomberg - Reuters UK - Trading Markets (press release)
all 24 news articles

MYOB revises growth outlook as NZ slows
The Age - 11 hours ago
Business software firm MYOB Ltd has revised downwards its full year earnings expectations as revenue is affected from the slowing New Zealand economy.
MYOB books 27% NPAT growth LIVENEWS.com.au
Investor pack Half year to 30 June 2008 20 August 2008 Sydney Morning Herald
Australian IT - ZDNet.com.au - The Inquisitr - Australian Techworld
all 21 news articles

Centennial Coal upbeat on coal prices
The Australian - 4 hours ago
CENTENNIAL Coal is confident coal prices will remain high next year after the company's earnings rose significantly following successful asset sales.
Exports boost for Centennial Sydney Morning Herald
Centennial's 2nd-Half Profit Gains Almost Threefold on Prices Bloomberg
LIVENEWS.com.au - Sydney Morning Herald - The Australian
all 19 news articles

FoodBev.com

Coca-Cola Amatil caps big first half
The Age - 5 hours ago
COCA-COLA Amatil rose the most in four months after it posted first-half earnings that beat analysts' estimates. Coca-Cola Amatil, Australia's biggest soft drink maker, gained 5% to close at $8.34, its biggest climb since May 15.
Coca-Cola foresees 7pc growth after $172m profit The Australian
2nd UPDATE: Coca-Cola Amatil 1st Half Net Profit Beats Expectations CNNMoney.com
Bloomberg - Reuters - LIVENEWS.com.au - just-drinks.com (subscription)
all 63 news articles

Factory Maintenance

Pioneer mill back in action earlier than expected
ABC Online - 17 hours ago
Pioneer sugar mill in north Queensland has started crushing cane again, several weeks ahead of schedule. The CSR mill was closed after a tank ruptured and fell over two months ago, pushing the cane harvest back a couple of weeks.
CSR cane mill operational again LIVENEWS.com.au
CSR Australia resumes cane-crushing at Pioneer mill Ninemsn
Factory Maintenance - ABC Online
all 7 news articles

BBC News

Virgin Blue falls short of profit forecast
The Australian - 4 hours ago
THE slide in Virgin Blue shares continued yesterday, as analysts reinforced the airline's bleak outlook and at least one downgraded the stock to a sell rating.
Virgin Blue's Profit Falls 55% Wall Street Journal
Virgin shares dive again The Age
Melbourne Herald Sun - Bloomberg - Sydney Morning Herald - The Canberra Times
all 139 news articles
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