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Mar 5, 2012

Financial and Forex Info News | The Australian Business Briefing Update: Rinehart loses suppression bid






Australian Business update for Tue Mar 06 13:17:47 EST 2012


Rinehart loses suppression bid
Leo Shanahan BILLIONAIRE Gina Rinehart has lost a Supreme Court bid to suppress details of a lawsuit brought against her by three of her children.

QBE closes in on bolt-on deals
INSURER QBE is close to finalising several acquisitions that will contribute $468m in annual written premiums to its business.

Anti-coal activists 'irrational'
Lanai Vasek and Stuart Rintoul WAYNE Swan has vowed to fight opponents of coal mining with the same vigour he's employed against billionaire resources magnates.

Westpac cuts a further 126 jobs
Michael Bennet WESTPAC will cut a further 126 jobs, bringing total losses at the bank since November to almost 1000.

Current account deficit grows
Enda Curran THE current account deficit widened beyond market expectations to $8.4 billion, as the goods and services shortfall narrowed.

Iraq's Leighton probe deepens
Hassan Hafidh AN official at Iraq's South Oil Company has fled after being accused of accepting bribes paid by a Leighton subsidiary.

Farmers must cotton on to India
INDIA'S ban on cotton exports opened up opportunities for Australian cotton farmers, Agriculture Minister Joe Ludwig said today.

Energy drags on sharemarket
Virginia Harrison SHARES slid deeper into the red this afternoon as a sell-off in energy and mining built around worries for Chinese growth.


Financial Markets

Farmers must cotton on to India
INDIA'S ban on cotton exports opened up opportunities for Australian cotton farmers, Agriculture Minister Joe Ludwig said today.

Energy drags on sharemarket
Stocks fall on China worries


Financial Markets Coverage



Mining & Energy

Anti-coal activists 'irrational'
Lanai Vasek and Stuart Rintoul WAYNE Swan has vowed to fight opponents of coal mining with the same vigour he's employed against billionaire resources magnates.

No sweetener for Xstrata: Glencore
Miners poised for M&A record


More Mining & Energy





2012-03-06 13:15:07.0 Union says Westpac to cut staff
2012-03-06 13:14:00.0 PM enlists business to cut red tape
2012-03-06 13:09:52.0 FSC takes governance high ground
2012-03-06 13:08:22.0 Current account deficit widens
2012-03-06 13:00:00.0 Mikoh target 30m vehicles in Thai...
2012-03-06 12:58:03.0 Dollar steady ahead of rate decision
2012-03-06 12:55:23.0 Ripe for picking
2012-03-06 12:53:38.0 Growth not as good as thought: economist
2012-03-06 12:50:01.0 Westpac cuts a further 126 jobs
2012-03-06 12:47:00.0 Dairy workers jobs cut
2012-03-06 12:46:06.0 Dairy jobs axed in Victoria
2012-03-06 12:45:00.0 Hannans Reward makes take over of...
2012-03-06 12:44:05.0 Shares lower at noon
2012-03-06 12:36:45.0 Farmers must cotton on to India
2012-03-06 12:19:37.0 Current account deficit grows


More Business Breaking News

Smartcompany News and Analysis: Bottled water firm collapses, 10 ways to get more women at the top, Therese Rein plots Oz comeback, Should you involve your spouse in your SME?

smart company logo image

Is your spouse involved in your SME? It might be a great way to keep your relationship together, but as our wealth expert Michael Laurence explains today, there are some very serious financial ramifications to consider. Elsewhere today we delve into the collapse of a well-known bottled water exporter, take a look at the good, the bad and the ugly of the latest economic news and find five Facebook marketing trends from its recent awards.

Plus deputy editor Madeleine Heffernan talks to our top female leaders to find 10 ways to get women to the top ahead of International Women’s Day and in Entrepreneur Watch, James Thomson has a simple message for billionaire basher Wayne Swan – get back to work.

Strategy
10 ways to get more women at the top – female leaders tell
Women have become more prominent in politics and business, but there’s still plenty of room for improvement. Here are 10 ways to further boost equality. BY MADELEINE HEFFERNAN.
Features

Legal
Should your spouse be involved in your SME? Seven crucial considerations
There can be many advantages to having a spouse on the board of your business, but make sure you've taken these seven crucial considerations into account first. BY MICHAEL LAURENCE.
Features

Aunty B
What makes entrepreneurs different to everyone else?
Apart from all being slightly nuts, I think the one thing that makes entrepreneurs different is that we look ahead.
Aunty B

People problems
Eve Ash
It can be frustrating for a manager who has a clearly talented person that lacks the conviction in their skills to make things happen.
Ask the Experts

Retail trends
Kevin Moore
While most of the market focused on Woolworths’ overall result, the company’s liquor and pub division results showed clearly how well its liquor strategy is paying off.
Smart Blogs

Brand
Michel Hogan
“The enemy of clarity is insincerity” is a great quote. We have all seen it in action: good intent watered down, hedged or hyped out of recognition.
Smart Blogs

Entrepreneur Watch
James Thomson
After four days of bickering with billionaires, surely Wayne Swan can move on to more important things.
Entrepreneur Watch