Wednesday, May 22nd, 2013

National

Fletcher Finucane begins production

Fletcher Finucane begins production

Santos, partners get $490m project into production ahead of schedule without blowout.

Liquidators apply to freeze Tinkler assets

Liquidators have moved to freeze the assets of struggling businessman Nathan Tinkler and those in his wife and family's name.
1 hour, 32 minutes ago
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$A falls after weak sentiment data

The Australian dollar has fallen after the release of disappointing consumer sentiment figures for May.
33 minutes ago
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Aust stocks weaken after consumer reading

Australian shares are weaker as a gloomy consumer sentiment reading stirs worries about falling demand for banking credit.
50 minutes ago
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Stocks to watch at noon on Wednesday

Stocks of interest on the Australian Securities Exchange at noon on Wednesday
1 hour, 2 minutes ago
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Tinkler's asset may be frozen

Nathan Tinkler and his wife and family's assets could be frozen after liquidators applied for a court injunction.
1 hour, 35 minutes ago

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Consumer sentiment turns bearish

More Australians were feeling bad about the economy in the week the Federal Budget was released.
1 hour, 39 minutes ago
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Consumers get gloomy about the budget

A monthly Westpac survey suggests the federal budget prompted Australian consumers to feel negative about the economy.
May 22, 2013, 9:03 am
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Aust stocks open higher

Australian stocks were higher at the start of trade, with the big miners leading the way.
May 22, 2013, 8:50 am
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Aust shares open higher

The Australian share market at open on Wednesday
May 22, 2013, 8:13 am
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Market opens firmer on solid lead

The Australian sharemarket has opened slightly firmer, with the big miners among the better performers in early trade.
May 22, 2013, 7:51 am

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Myer lower on modest sales growth

Shares in Myer were lower after the retailer announced only a modest growth in quaterly sales and said it remained cautious going forward.
May 22, 2013, 7:44 am

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Spud industry set for big shake-up

The WA potato industry is in for a major shake up under ambitious plans to add variety and value to the humble spud through research and a major marketing campaign funded by growers.
May 22, 2013, 7:40 am

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Fraudster King guilty over loan

Bankrupt property dealer Michael King was convicted of fraud yesterday over the disappearance of a luxury car put up as security for a $150,000-plus loan from the matriarch of the Caratti land investment empire.
May 22, 2013, 7:36 am

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Palmer softens on Sino Iron

Clive Palmer has softened his stance on threats to kick CITIC Pacific off the $7 billion Sino Iron project, saying he hopes a minor Supreme Court victory yesterday will bring the Chinese company to the table to resolve bigger disputes between it and Mr Palmer's own company, Mineralogy.
May 22, 2013, 7:34 am

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KKR exits Seven West Media

The weaker Australian dollar has been cited as a key factor in last night's sale of US private equity giant KKR's $264 million holding in Seven West Media.
May 22, 2013, 7:32 am

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Aust bonds slightly weaker

The Australian bond market opened slighlty weaker despite US Treasuries gaining ground overnight.
May 22, 2013, 7:31 am
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Lilleyman to leave Rio iron ore

Greg Lilleyman is quitting his role in charge of Rio Tinto's Pilbara iron ore unit, the mining giant's single most important division, as part of a major executive shake-up overseen by new divisional head Andrew Harding.
May 22, 2013, 7:28 am

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Myer posts another small rise in sales

Sales at Myer increased slightly in the three months to April, as the company says it is cautious about the outlook for the retail sector.
May 22, 2013, 6:53 am

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Late finish for State building projects

One in four new government buildings was completed more than three months late last financial year, with some buildings behind schedule by more than a year.
May 22, 2013, 5:45 am
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$A lower awaiting Bernanke testimony

The Australian dollar is slightly lower as currency markets keenly await Congressional testimony from the US Federal Reserve chairman.
May 22, 2013, 5:39 am
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