Recently added articles from Australasian Business Intelligence:
ANZ chiefs cited in Opes class action.
Jan 01, 2009 ... Byline: Eric Johnston Jan 01, 2009 (The West Australian - ABIX via COMTEX) -- ANZ Banking's role in the collapse of margin lending group Opes Prime has triggered a class action suit by investors against the bank in the US. Meanwhile in Australia, Ferrier Hodgson as the ...
OZ share freeze extended to March.
Jan 01, 2009 ... Byline: Ian McIlwraith Jan 01, 2009 (The West Australian - ABIX via COMTEX) -- OZ Minerals' lenders have agreed to extend a deadline on the refinancing of its debt until 27 February 2009. One of its lenders, Societe Generale, will gain security over some of the struggling ...
Tourism silver lining: Tassie fortunes rest on domestic dollars.
Jan 01, 2009 ... Byline: Nick Clark Jan 01, 2009 (The Mercury - ABIX via COMTEX) -- The Tourism Council of Tasmania believes that a nationwide decline in the sector due to fewer overseas visitors arriving in 2009 can be cushioned to some extent by more Australians deciding to vacation at home ....
Council to take legal action over loss of trees.
Jan 01, 2009 ... Byline: Daniel Hatch Jan 01, 2009 (The West Australian - ABIX via COMTEX) -- Herbicide application services firm Turfmaster is facing legal action by the City of Joondalup in the Supreme Court of Western Australia, after allegedly causing the deaths of a large number of shrubs ...
Police to get power over liquor in all public places.
Jan 01, 2009 ... Byline: Peter Kerr Jan 01, 2009 (The West Australian - ABIX via COMTEX) -- The Western Australian Government aims to bring in new legislation that will give police the authority to seize all alcohol, whether in closed or opened containers, in all public places at the officer's ...
Minister plans tougher drink-driving penalties.
Jan 01, 2009 ... Byline: Beatrice Thomas and Peter Kerr Jan 01, 2009 (The West Australian - ABIX via COMTEX) -- Western Australian Police Minister Rob Johnson has signalled harsher penalties for drink driving and in particular for repeat offenders. However, he has also been criticised by the ...
State super fund takes $400m investment hit.
Jan 01, 2009 ... Byline: Peter Kerr Jan 01, 2009 (The West Australian - ABIX via COMTEX) -- The Government Employees Superannuation Fund in Western Australia has lost $A400m due to the stock market's decline in 2008. The overall surplus generated by all State Government enterprises, such as the ...
The big names preparing to face the music.
Jan 01, 2009 ... Byline: Ruth Williams Jan 01, 2009 (The Age - ABIX via COMTEX) -- A number of Australian executives are likely to be prominent in 2009. These include Asciano CEO Mark Rowsthorn, Premier Investments' Solomon Lew, Lion Nathan CEO Rob Murray, Fortescue Metals Group CEO Andrew ...
High stakes for TV networks in digital dividend.
Jan 01, 2009 ... Byline: Allan Fels and Fred Brenchley Jan 01, 2009 (The Age - ABIX via COMTEX) -- Australia's move to digital television will be completed in 2013, at which time the analogue spectrum will be available for other uses. The Australian Government is likely to resell this spectrum, ...
Prepare for a year that is unlikely to be happy.
Jan 01, 2009 ... Byline: David Hirst Jan 01, 2009 (The Age - ABIX via COMTEX) -- The economic outlook for 2009 is bleak, both for the world in general and Australia. The US in particular faces a difficult year, with the prospect of a further deterioration in the housing market and hard times ...
Sweet ethanol deal for big donor.
Jan 01, 2009 ... Byline: Greg Roberts Jan 01, 2009 (The Australian - ABIX via COMTEX) -- The New South Wales Government is expected to approve the Manildra Group's ethanol plant expansion project. Manildra is one of the ruling Australian Labor Party's largest donors, with the company having ...
Spain joins in the celluloid titillation in new tactic to woo tourists.
Jan 01, 2009 ... Byline: Imre Salusinszky Jan 01, 2009 (The Australian - ABIX via COMTEX) -- Spain's National Tourist Office has launched an advertising campaign alongside Woody Allen's new film, "Vicky Cristina Barcelona". The campaign included full-page advertisements in a number of Australian ...
Dispute may kill Mumbai service.
Jan 01, 2009 ... Byline: Steve Creedy Jan 01, 2009 (The Australian - ABIX via COMTEX) -- Qantas Airways has been forced to divert Mumbai to Sydney flights after failing to reach an agreement with the Australian & International Pilots Association (AIPA). The union refused to renew a concession ...
$500m Suisse deal for Aberdeen.
Jan 01, 2009 ... Byline: Sara Rich Jan 01, 2009 (The Australian - ABIX via COMTEX) -- Aberdeen Asset Management has paid $A532 million for a share in Credit Suisse's Global Investor business. Credit Suisse has agreed to take a 24.97 per cent stake in Aberdeen in ...
Airlines blast 'dishonest' exit tax.
Jan 01, 2009 ... Byline: Steve Creedy Jan 01, 2009 (The Australian - ABIX via COMTEX) -- The Board of Airline Representatives Australia has described the passenger movement tax as "the most dishonest tax in Australia". The airline group also criticised the Government's refusal to rule out an ...
Clarke leaves the morgue at Allco.
Jan 01, 2009 ... Byline: Danny John Jan 01, 2009 (The Sydney Morning Herald - ABIX via COMTEX) -- Troubled Allco Finance Group has lost the services of executive chair David Clarke, who had joined the company in April 2007 and stepped into the role of predecessor David Coe when Allco's debt ...
Boeing shelves plans for 737 replacement.
Jan 01, 2009 ... Byline: Matt O'Sullivan Jan 01, 2009 (The Sydney Morning Herald - ABIX via COMTEX) -- US aircraft manufacturer Boeing has signalled there will not be a replacement model for its very successful 737 series before 2020, despite initial research and development work on the project ....
Lessons to be learnt from ABC Learning's collapse.
Jan 01, 2009 ... Byline: Colin Kruger Jan 01, 2009 (The Sydney Morning Herald - ABIX via COMTEX) -- The failure of ABC Learning Centres, which now appears to have incurred losses in recent months that outstrip its combined previous profits, will raise questions about accounting and auditing work ...
And the battle of the Groves goes on and on.
Jan 01, 2009 ... Byline: Danny John Jan 01, 2009 (The Sydney Morning Herald - ABIX via COMTEX) -- Eddy Groves, founder of the failed ABC Learning Centres, has signalled he will not enter into any out-of court settlement in the claim brought against him by estranged spouse Le Neve Groves. Also ...
Madoff's assets to be kept secret.
Jan 01, 2009 ... Byline: David Scheer Jan 01, 2009 (The Sydney Morning Herald - ABIX via COMTEX) -- Allegedly fraudulent investment adviser and pyramid fund management scheme operator Bernard Madoff has complied with a court order to give a full breakdown of all his assets to the US Securities & ...