Thursday, June 20th, 2013

National

Market closes up on good lead

Most “real money” investors hunkered down on the sidelines ahead of a pivotal US Federal Reserve policy statement tonight but traders used the opportunity to drive Australian sharemarket higher on a low-volume rotation into lagging industrial stocks.
June 19, 2013, 2:13 pm
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WA internet job ads plunge

WA internet job ads have fallen a massive 39.1 per cent in the year to May and 4.3 per cent between April and May this year.
June 19, 2013, 2:12 pm
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Botched power station fix to cost taxpayers $250m

A disastrous refurbishment of a 47-year-old electricity generation plant at Verve’s Muja Power Station near Collie could see taxpayer losses exceed $250 million.
June 19, 2013, 1:33 pm

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Bullish lagging index slightly deceptive

A measure of economic growth in the coming months has strengthened because of growing company profits and gains on the sharemarket.
June 19, 2013, 12:21 pm
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No recession on the horizon

The coming decline in resource investment does not mean Australia faces an imminent recession - its underlying momentum remains strong.
June 19, 2013, 12:15 pm
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Inglorious debut for split News

The new News Corp has had an inglorious debut on the Australian sharemarket, with its stock falling.
June 19, 2013, 11:40 am

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Market still in the black mid-session

Australian shares were stronger mid-session, with trading levels light as investors await a crucial economic statement from the US Federal Reserve.
June 19, 2013, 10:44 am

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$A weakens as sellers expect rate cuts

The Australian dollar is weaker as traders sell the currency on expecations of local rate cuts, ahead of an awaited US Fed meeting.
June 19, 2013, 10:23 am
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Market higher but eyes are on US Fed

Australian shares were stronger at noon as investors look to the US Fed later on Wednesday for its latest stimulus moves.
June 19, 2013, 10:19 am
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Airport screeners strike goes national

Security screening staff are rallying at Qantas terminals around Australia in support of Perth airport colleagues who have been locked out of their jobs during a wage dispute.
June 19, 2013, 10:17 am

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Stocks to watch at noon on Wednesday

Stocks of interest on the Australian Securities Exchange at noon on Wednesday
June 19, 2013, 10:03 am
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Market higher as investors look to US

Australian shares are stronger as investors look to the US Fed for its latest stimulus moves.
June 19, 2013, 8:48 am
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Raine Square sells for $458m

Property firm Charter Hall Group and an associated superannuation fund have paid $458 million to a receiver for Luke Saraceni's Raine Square tower, which houses Bankwest's headquarters and the city centre's biggest retail space.
June 19, 2013, 8:35 am

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Aust shares open higher

The Australian share market at open on Wednesday
June 19, 2013, 8:14 am
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Market opens firmer on solid lead

Australian shares have opened firmer as investors look to whether the United States will alter its massive economic stimulus program.
June 19, 2013, 7:31 am

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Hughes blasts council inflexibility

Car dealer John Hughes has accused Victoria Park council of impeding his business by refusing his plans to rebuild an office at his flagship Albany Highway car yard.
June 19, 2013, 7:24 am

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Prawn farm venture closer

The company behind a huge prawn farming venture earmarked for the far north has nine investors in talks about funding the first stage of the billion-dollar project.
June 19, 2013, 7:21 am
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Deloitte Perth keeps the faith

Deloitte's nation-leading Perth office is keeping the faith despite the affects of the mining slowdown.
June 19, 2013, 7:18 am

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Premier renews attack on FLNG

Premier Colin Barnett has renewed his attack on Royal Dutch Shell's "unreliable" floating gas processing technology, claiming its susceptibility to cyclones is worrying customers in Asia.
June 19, 2013, 7:17 am

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Aust bonds weaken ahead of US Fed meeting

A deep rise in US housing inflation is weakening bond futures contract prices, with investors expecting the US Fed to dilute its bond buying program.
June 19, 2013, 7:07 am
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