News From Australia

Consumers feeling pinch from resources investment boom – ABC Online

The Age Consumers feeling pinch from resources investment boom ABC Online Questions are being asked about whether ordinary Australians are missing out on the resources investment boom. (Western Desert Resources) Shell's announcement today of the final approval for a floating gas processing platform off ... The boom's frontline: where the high wages areSydney Morning Herald all 7 news articles

LinkedIn doubles in value to $9 billion – ABC Online

Globe and Mail
LinkedIn doubles in value to $9 billion
ABC Online
MARK COLVIN: On Wall Street overnight, debut of the social networking site LinkedIn triggered a trading frenzy, that at one point valued the company at $11.6 billion. It cooled off a little before close of trading to just a shade under $9 billion. ...
Stock dip; dim economic news overshadows LinkedInBusinessWeek
Does LinkedIn's successful IPO signal a new tech bubble?Wall Street Journal
What LinkedIn means for Facebook IPOCNN
The Australian

Outcry over new coal-fired plant in Victoria – ABC Online

Environmental Leader
Outcry over new coal-fired plant in Victoria
ABC Online
MARK COLVIN: Meanwhile in Victoria, environmental groups are already considering legal action over today's announcement that a new billion-dollar coal-powered station can be built in the Latrobe Valley. It's meant to be a demonstration project, ...
EPA Admits Making Math Error in Mercury ProposalNew York Times
Power plant gets partial approvalSydney Morning Herald
HRL's Coal Gas Plant in Victoria Gets Conditional Environment ApprovalBloomberg
Chemistry World

Shell commits to world-first floating LNG project – ABC Online

Reuters UK
Shell commits to world-first floating LNG project
ABC Online
MARK COLVIN: Shell has announced that the biggest floating structure ever put to sea will process gas from its Prelude field off Australia's north-west coast. The oil and gas company says it's made the final investment decision to use floating LNG ...
Shell approves giant floating liquid natural gas plantAFP
Shell to build world's first floating LNG projectFinancial Times
Shell Approves Floating LNG ProjectWall Street Journal
Sydney Morning Herald

Tiger Air Seeks More Tie-Ups to Expand Asia Budget Network – Bloomberg

Jakarta Globe
Tiger Air Seeks More Tie-Ups to Expand Asia Budget Network
Bloomberg
May 20 (Bloomberg) -- Tony Davis, chief executive officer of Tiger Airways Holdings Ltd., the Singapore-based budget carrier, talks about the company's business strategy. ...
Tiger Airways flies in a lossSydney Morning Herald
Tiger seeks to claw back lossABC Online
Philippines stops SEAIR, Tiger Airways collaborationReuters
The Australian

FMG unveils maiden Solomon Hub reserve – Ninemsn

The West Australian
FMG unveils maiden Solomon Hub reserve
Ninemsn
ninemsn PropertyVisit the new ninemsn Property section, where you'll find tips and tools for buying a home, selling and moving, owning, finding the right home loan for you and great investing insights. Fortescue Metals Group Ltd says the proving up of ...
Fortescue Metals forecasts Solomon mine to double iron ore maiden reserveThe Australian
Fortescue has reserve of 716Mt at SolomonSydney Morning Herald
Fortescue Metals Group maiden Reserve of 716 million tonnes for Solomon HubProactive Investors Australia
Switzer Financial News

Housing will be hurt by carbon tax: Abbott – Sydney Morning Herald

SBS
Housing will be hurt by carbon tax: Abbott
Sydney Morning Herald
Opposition Leader Tony Abbott says the housing industry will be slugged by the introduction of a carbon tax. His comments follow the release of a report by the Housing Industry Association (HIA), which warns the pricing regime would add $6000 to the ...
Turn carbon price into a GST with tax cutsThe Australian
PM Julia Gillard slams 'relentlessly negative' Abbott in video interviewHerald Sun
What is the carbon price of a Weet-Bix?NEWS.com.au
ABC Online

Wesfarmers blocks farmer shareholder meeting demand – ABC Online

The Age
Wesfarmers blocks farmer shareholder meeting demand
ABC Online
Retail giant Wesfarmers has blocked a demand from lobby group Australian Dairy Farmers to hold an extraordinary general meeting to explain the milk price war. Under corporations law, the lobby group had enough signatures to call the meeting and wrote ...
Westfarmers ignores shareholdersInternational Business Times AU
AUSTRALIA: Wesfarmers Dismisses Dairy Farmers' Demand For EGMNamnews
Wesfarmers denies shareholder meetingStock and Land

all 25 news articles

Consumers in the dark on compensation – Money Management

Brisbane Times
Consumers in the dark on compensation
Money Management
When misconduct from within the financial services industry leads to investor loss and hardship, investors are often unaware of existing avenues of redress and do not pursue legal action. That is one of the key findings ...
Move to compensate investors for bad financial adviceThe Australian
THE DISTILLERY: ASIC assuranceBusiness Spectator
Financial misconduct report prompts calls for compulsory compensation schemeHerald Sun
InvestorDaily

Australian stock market stages strong finish on Wall Street wind – The Australian

TheBull.com.au
Australian stock market stages strong finish on Wall Street wind
The Australian
Investors returned to the resources sector at the ASX after commodity prices rose overnight. Source: The Australian AUSTRALIA'S sharemarket raced to a strong finish today, taking a cue from a buoyant Wall Street and higher commodity prices overnight. ...
Local stocks edge lowerSydney Morning Herald
Australia Shares End Up 1.3%; Strongest Rise In 4 WeeksWall Street Journal
Market opens lower on mixed US leadHerald Sun
Business Spectator